Bain Capital Announces Investment in Tingstad a Leading Swedish Distributor of Non-food Consumables

LONDON – March 2, 2026 – Bain Capital, a leading global private investing firm, today announced an investment in Tingstad, a leading Swedish family-owned specialist distributor of non-food consumables. The investment is made by the firm’s Private Equity team in Europe.

Headquartered in Gothenburg, Sweden, and founded by the Jigberg family in 1959, Tingstad serves a broad and diversified customer base across hospitality, culture, facilities management, grocery, and retail. The company offers a comprehensive range of non-food consumables through a fully integrated omnichannel platform. With more than 700 employees, Tingstad has built deep, long-standing customer relationships anchored in strong category expertise, an entrepreneurial and decentralized salesforce, a differentiated private label portfolio, in-house production capabilities supporting its offering, and a best-in-class warehousing and logistics infrastructure.

Bain Capital will acquire a majority stake in Tingstad partnering with owner Paul Jigberg, who will retain a minority ownership stake, as well as the leadership team and employees, to support the company’s next phase of growth. Bain Capital Private Equity has been investing in Europe for more than two decades, with its European investment team based in London and Munich as part of a globally integrated private equity platform. The team has deep expertise in the Nordics through its current portfolio companies Eleda and Ahlstrom, and in non-food consumables distribution through Imperial Dade, which operates in the US market.

“I am proud of what Tingstad has built over decades, and I believe Bain Capital is the right partner for the company’s next chapter,” said Paul Jigberg, owner of Tingstad. “Their approach is grounded in collaboration, and I am confident they will support the management team and employees as Tingstad continues to grow and evolve for customers across Sweden and the Nordic region.”

“Tingstad is a standout Nordic distributor with deep category expertise and a world-class logistics model that customers rely on every day,” said Halvor Meyer Horten, a Partner and Co-Head of the European Industrials vertical at Bain Capital. “We’re excited to partner with Paul and the Tingstad team to build on a strong foundation, strengthening and investing in the team and the platform, and supporting continued growth across Sweden and the wider Nordic region.”

Ivano Sessa, a Partner and Co-Head of Europe Private Equity, added, “We’re investing behind Tingstad with deep experience in B2B distribution and a strong Nordic track record, and we aim to be a partner of choice for founder- and family-owned businesses. Across Europe, we work closely with management teams to help scale platforms - bringing sector expertise, operational resources, and a globally integrated network. We look forward to supporting Tingstad’s next chapter as it deepens customer relationships, expands its capabilities, and continues to strengthen its position across the Nordics.”

Financial terms of the transaction were not disclosed.

Bain Capital was advised by Jefferies, Danske Bank, Kirkland & Ellis and Advokatfirman Vinge. Tingstad was advised by DNB Carnegie Investment Bank AB and Setterwalls Advokatbyrå AB.

About Bain Capital
Founded in 1984, Bain Capital is one of the world’s leading private investment firms. We are committed to creating lasting impact for our investors, portfolio companies, and the communities in which we live. As a private partnership, we lead with conviction and a culture of collaboration, advantages that enable us to innovate investment approaches, unlock opportunities, and create exceptional outcomes. Our global platform invests across five focus areas: Private Equity, Growth & Venture, Capital Solutions, Credit & Capital Markets, and Real Assets. In these focus areas, we bring deep sector expertise and wide-ranging capabilities. We have 24 offices on four continents, more than 1,900 employees, and approximately $215 billion in assets under management. To learn more, visit www.baincapital.com. Follow @BainCapital on LinkedIn and X (Twitter).

About Tingstad 
Tingstad is a family-owned company founded in Gothenburg in 1959. From a small one‑person operation, the company has grown into one of the leading suppliers in the Nordic region. With more than 700 employees and sales offices in 13 cities, Tingstad still puts the family feeling – and the customer – first. The business serves customers in everything from the restaurant industry and specialty retail to the grocery trade. Its vision is clear: To create an easier everyday life for your business.