Niclas Nyrensten
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Niclas Nyrensten | |
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| Born | January 23, 1975 |
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Niclas Nyrensten (born January 23, 1975) is a Swedish entrepreneur and investor, best known as the co-founder of the outdoor apparel company RevolutionRace. He has also been active as an angel investor following his departure from the company's operational leadership.
Career
In 2013, Nyrensten co-founded RevolutionRace with his wife, Pernilla Nyrensten, in Borås, Sweden. The company focused on delivering high-quality outdoor clothing directly to consumers through a digital, e-commerce-driven model. Under their leadership, the brand expanded to over 35 markets and became one of Sweden's fastest-growing apparel companies.[1]
In 2017, private equity firm Altor partnered with the founders to support the company's international growth.[2]
RevolutionRace was listed on the Nasdaq Stockholm exchange in June 2021, achieving a valuation of over USD 1 billion at the time of its IPO.[3][4]
Following the IPO, the Nyrenstens gradually reduced their operational involvement. In 2021, they made a partial exit from the company and announced plans to focus on investing together through a new private vehicle.[5]
In May 2024, Niclas Nyrensten formally declined re-election to the company's board of directors, citing a planned relocation with his family to Spain.[4]
Investments
Following his exit from RevolutionRace, Nyrensten founded Nyrensten Invest, a private investment company focused on early-stage businesses across various sectors.
Personal life
Nyrensten resides in Mallorca, Spain, with his family.
References
- ↑ https://www.revolutionracegroup.se/about-us/
- ↑ "Altor enters partnership with the founders of RevolutionRace". 23 October 2017.
- ↑ "RevolutionRace Secures over $1 Billion Valuation in Stockholm IPO | MarketScreener". 16 June 2021.
- ↑ 4.0 4.1 "Niclas Nyrensten declines re-election and will leave the Board of RevolutionRace".
- ↑ "Nya dokument avslöjar – H&M ökar makten när förlusterna växer i Sellpy".
External links
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