Bain Capital has agreed to acquire a majority stake in Swedish distributor Tingstad through its European Private Equity team, deepening the firm's presence in Nordic B2B distribution. The financial terms of the transaction were not disclosed.

The Gothenburg-based company, founded in 1959 by the Jigberg family, serves hospitality, culture, facilities management, grocery, and retail clients through a fully integrated omnichannel platform. Founder Paul Jigberg will retain a minority stake alongside the leadership team, positioning Bain Capital to drive expansion alongside management.

This investment aligns with Bain Capital's established strategy in fragmented B2B supply chains. The firm currently backs Eleda and Ahlstrom in the Nordics and owns Imperial Dade in the US non-food consumables distribution sector. With regional and sector expertise, Bain Capital aims to leverage its operational resources and global network to scale Tingstad's platform.