News Summary:
Nordic Capital engaged Simpson Thacher Bartlett to advise on its agreed sale of Boost.ai, a Norwegian enterprise conversational and voice artificial intelligence company specializing in regulated industries, to Automation Anywhere. This transaction, initially announced on October 7, 2026, is expected to complete in the fourth quarter of 2026, subject to customary regulatory approvals. Boost.ai, founded in 2016, focuses on automating customer and employee interactions within sectors requiring high data protection and accurate responses, such as financial services. On October 8, Nordic Capital collaborated with Anthropic to advance the roll-out of responsible AI across its portfolio companies, building on prior successes in AI best practices that resulted in revenue growth and productivity gains. Previously, on October 5, Trustly, a company in Nordic Capital's portfolio, secured over $40 million in equity commitments from its principal shareholder, Nordic Capital, and Alfvén & Didrikson. Trustly intends to use this capital, expected to conclude in November, to fund its growth strategy, including new AI-driven payment products. Earlier on October 5, KKR, Blackstone, and Warburg Pincus reportedly considered potential bids for European windscreen repair business Cary, currently co-owned by Nordic Capital and CVC Capital Partners, with first-round offers expected soon.