Firm at a glance
Nord Holding is a platform private equity firm headquartered in Hannover, Germany, with approximately €5.0 billion in assets under management, per its own website [S1].
What they buy
The firm’s portfolio reflects a concentration in healthcare, software and IT services, and smart industries, per its public portfolio [S2]. Nord Holding appears to pursue platform investments across German-speaking markets, with recent activity spanning medical device manufacturers, fitness chains, IT consulting businesses, and industrial technology companies [S2]. The firm closed its most recent fund vintage in 2024 [S3].
Portfolio
Healthcare
Platform investments include 1Q Health (acquired January 2025), M.A.S. (acquired November 2025), MedXpert (acquired February 2025), hg medical, NEC MED PHARMA, and ZG Zentrum Gesundheit (acquired March 2019) [S2].
Software/IT-Services
Platforms include Circlon Entwicklung- und Service, Conuti, EWERK GROUP SERVICES, HvS-Consulting (acquired November 2023), Oehm und Rehbein (acquired May 2025), PDV Systeme, Public Cloud Group Holding (acquired May 2021), VERSO (acquired December 2022), and VisionmaxX Gruppe [S2].
Smart Industries
Platform holdings include BOCK Gruppe, Dr. Födisch Umweltmesstechnik, Engelmann Sensor, and Heizkurier (acquired August 2022) [S2].
Consumer
Platforms include all inclusive Fitness, IDAK Holding, and Leo’s Lekland [S2].
Business Services
Platform investments include IBB, KiKxxl, LivEye (acquired September 2022), and Röhlig Logistics [S2].
Other
Portfolio companies without specified sectors include Lenzing Plastics, PARADOR, RHODIUS, RUF Betten, and WEMAS Absperrtechnik [S2].
Recent activity (last 24 months)
* Medas-Gruppe acquisition, June 2026 [S3]
* Institut für Berufliche Bildung acquisition, May 2026 [S3]
* VisionmaxX Gruppe acquisition, April 2026 [S3]
* Hallmarq Veterinary Imaging / OR Technology acquisition, February 2026 [S3]
* Material Analytischer Service (M.A.S.) acquisition, November 2025 [S3]
* FIT STAR add-on to all inclusive Fitness platform, July 2025 [S3]
* Oehm und Rehbein acquisition, May 2025 [S3]
* sedevo add-on to EWERK Gruppe platform, March 2025 [S3]
* MedXpert acquisition, February 2025 [S3]
* OHRWERK Gruppe exit, January 2025 [S3]
* 1Q Health Group / HKS health solutions acquisition, January 2025 [S3]
* Dr. Födisch Umweltmesstechnik exit, August 2024 [S3]
* IDAK Food Group exit, July 2024 [S3]
How this firm fits a seller
Nord Holding’s transaction history suggests a buy-and-build approach, with approximately one add-on acquisition in the trailing twelve months and multiple platform exits reported in 2024 and 2025 [S3]. The firm’s portfolio concentration in healthcare, software, and industrial technology may suit owner-operators in those sectors seeking a German-speaking buyer with demonstrated sector experience [S2]. Recent exits including OHRWERK Gruppe, Dr. Födisch Umweltmesstechnik, and IDAK Food Group indicate active portfolio turnover [S3].
Sources
[S1] https://www.nordholding.de (as of 2025-01-15)
[S2] https://www.nordholding.de/portfolio (as of 2025-01-15)
[S3] https://www.nordholding.de/news (as of 2025-01-15)
Frequently asked questions
Does Nord Holding buy healthcare businesses?
Yes, healthcare represents a significant portion of the firm’s portfolio, with seven platform investments including 1Q Health, M.A.S., MedXpert, hg medical, NEC MED PHARMA, and ZG Zentrum Gesundheit [S2]. Recent healthcare acquisitions include 1Q Health in January 2025, MedXpert in February 2025, and M.A.S. in November 2025 [S3].
What companies has Nord Holding acquired recently?
Recent acquisitions include Medas-Gruppe in June 2026, Institut für Berufliche Bildung in May 2026, VisionmaxX Gruppe in April 2026, and Hallmarq Veterinary Imaging / OR Technology in February 2026 [S3]. The firm also acquired Material Analytischer Service in November 2025 and Oehm und Rehbein in May 2025 [S3].
Where is Nord Holding based and how big is the firm?
The firm is headquartered in Hannover, Germany, and reports approximately €5.0 billion in assets under management [S1]. Nord Holding operates from its single office location in Hannover [S1].
Is Nord Holding still actively acquiring?
Yes, the firm completed multiple acquisitions in 2026, including Medas-Gruppe in June, Institut für Berufliche Bildung in May, VisionmaxX Gruppe in April, and Hallmarq Veterinary Imaging in February [S3]. This activity indicates ongoing investment from its 2024 fund vintage [S3].
This profile is maintained by CT Acquisitions as an independent third-party reference. CT Acquisitions is not affiliated with, endorsed by, or a representative of the firm profiled. All facts sourced from publicly available materials as of the dates cited.