Windsor Drake
Transaction · Lending Tech (SMB) · 2026

Nordic Capital has acquires Liberis and combined it with Qred

Nordic Capital acquired Liberis on June 23, 2026.

Target
Liberis
Acquirer
Nordic Capital
Announced
June 23, 2026
Sub-sector
Lending Tech (SMB)

Transaction overview

  • Nordic Capital announced the acquisition of Liberis on June 23, 2026.

Strategic rationale

Nordic Capital merges Liberis into Qred to create €250M+ revenue SMB financing platform across 17 countries

Deal terms & multiples

Deal value
Not disclosed
Target revenue
Not disclosed
Target EBITDA
Not disclosed
EV / Revenue
Not disclosed
EV / EBITDA
Not disclosed
Announcement
June 23, 2026
Acquirer
Nordic Capital (Strategic)
Sub-sector
Lending Tech (SMB)

Sources

Comparable transactions in Lending Tech (SMB)

Primary Event type Counterparty Value Sub-sector Date
Nationwide Valuations Transaction Peak Business Valuation Lending Tech (SMB) July 9, 2026
Liberis Transaction Nordic Capital Lending Tech (SMB) June 18, 2026
Navitas Credit Corp Transaction Wafra Lending Tech (SMB) June 12, 2026
Zazzau Microfinance Bank Transaction Rank Lending Tech (SMB) November 17, 2025
8fig Transaction Bizcap Lending Tech (SMB) October 21, 2025
Fincura Transaction Numerated Lending Tech (SMB) December 7, 2021

Other deals by Nordic Capital

Primary Event type Counterparty Value Sub-sector Date
Liberis Transaction Nordic Capital Lending Tech (SMB) June 18, 2026