24 October 2025. Altor Fund IV (“Altor”) announces the successful placement of 16,299,438 shares in RVRC Holding AB (“RevolutionRace”) or the (“Company”), representing all its shares in the Company. The shares were divested at a selling price of SEK 60 per share for a total transaction size of approximately SEK 978 million.
In 2017, Altor entered into a partnership with the founders of RevolutionRace. During Altor’s ownership, the Company has organically more than ten-folded sales to approximately SEK 2billion. The growth journey during Altor’s ownership period has been achieved through a combination of geographical expansion, broadening of the product offering and adding new sales channels.
RevolutionRace is a fast-growing outdoor company offering multifunctional products including clothes, shoes, backpacks, and accessories to people with an active lifestyle. RevolutionRace’s ambition is to create high-quality, colourful, and affordable outdoor products with an amazing design and fit at an unmatched value under the tagline “Nature is our playground”. The company operates with a digital D2C business model reaching customers in approximately 40 countries. The company was founded in 2013 and was listed on Nasdaq Stockholm in June 2021, with Altor remaining the largest shareholder until now.
“It has been a privilege to share this journey with the founders, the board, CEO Paul Fischbein and the passionate team at RevolutionRace. It is safe to say that we are proud of RevolutionRace’s development and achievements during our ownership period where they have more than ten-folded sales at high operating margins. This achievement would not have been possible without a close partnership during the past eight years together. We are still believers in RevolutionRace and the team, we are confident that RevolutionRace will continue its global success journey.” says Andreas Källström Säfweräng, Partner and Head of the Consumer Sector at Altor.
Andreas Källström Säfweräng continues “At Altor, we continue to see distinctive brands such as our current companies CCM, Rossignol, Toteme and previous investments like Helly Hansen and Marshall as key to our consumer investment strategy. I want to thank the team at RevolutionRace for the many milestones reached and all the dedication shown from start to finish. We wish you all the best on the bright journey ahead.”
