Capman

CapMan is a prominent Nordic private asset management and investment firm founded in 1989, with a focus on private equity, real estate, and infrastructure. With over 30 years of experience, CapMan has established a strong presence in the Nordic region and Russia, managing a diverse portfolio that spans various industries. The firm aims to enhance the value of unlisted businesses by fostering better organization and financial stability, which contributes to economic growth and societal well-being. CapMan operates through two primary divisions: CapMan Private Equity, which includes funds like the Growth Equity and Mezzanine funds, and CapMan Real Estate, which focuses on core and value-added real estate investments. The firm targets investments in sectors such as technology, retail, and residential properties, emphasizing the importance of quality environments and utilities for thriving communities. Through its international networks, CapMan seeks to create sustainable value for its investors while supporting innovation and job creation in the regions it serves.

Elina Ahlqvist

Investment Manager

Sari Ahonen

Fund Manager

Tomi Alén

Partner, CapMan Growth

Sauli Antila

Investment Director

Sampsa Apajalahti

Investment Director

Anna Autti

Investment Director

Kajsa Bagler

Investment Manager

Gustav Berg

Investment Associate

Magnus Berglund

Investement Director

Torsten Bjerregaard

Managing Partner, Real Estate

Anders Björkell

Partner

Christian Borgström

Managing Partner

Torborg Chetkovich

Partner

Pontus Danielsson

Investment Associate

Mads Diderichsen

Investment Manager

Oskari Elmén

Investment Director

Juhani Erke

Partner

Elina Eskola

Investment Associate

Robert Feldt

Investment Director

Joakim Frimodig

Chief Executive Officer

Jakob Føgh-Larsen

Investment Associate

Peter Gill

Investment Director

Pekko Haaksluoto

Senior Investment Manager

Niko Haavisto

Chief Financial Officer

Joonas Hacklin

Investment Manager

Harri Halonen

Partner

Emil Hambäck

Co-Managing Partner of CaPS

Eero Hautaniemi

Investment Manager

Ninni Hietaniemi

Investment Associate

Mikael Hjorth

Investment Director

Linn Hultberg

Investment Manager

Simon Hultén

Investment Manager

Hanna Ideström

Investment Director

Daniel Joelsson

Investment Manager

Dan Johnson

Deputy Head of CapMan Buyout and Partner

Heikki Juntti

Partner, Growth

Laura Karikko

Investment Manager

Josefin Karlsson

Investment Associate

Antti Karppinen

Partner

Tobias Karte

Investment Director

Karri Keistinen

Investment Associate

Antti Kiviluoto

IT Director

Oskari Konkarikoski

Investment Manager

Aleksi Konsti

Investment Manager

Joonas Korkalainen

Investment Associate

Mika Koskinen

Managing Partner

Antti Kummu

Managing Partner, CapMan Growth

Noora Kuvaja

Investment Director

Ari Kyöstilä

Senior Investment Manager

Pia Kåll

Managing Partner, CapMan Buyout

Thomas Laakso

Investment Director

Jens-Henrik Larsen

Investment Director

Tommy Lindblom

Investment Director

Mathias Ljungberg

Investment Director

Marcus Lotzman

Investment Manager

Ibrahim Makdessi

Investment Associate

Maximilian Marschan

Managing Partner

Mika Matikainen

Managing Partner

Jan Mattlin

Partner

Jesper Mattsson

Investment Associate

Juha Mikkola

Senior Partner

Nikke Mikkonen

Investment Associate

Alberto Morandi

Partner

Kalle Myllymaki

Partner

Daniel Nejman

Investment Manager

Pirjo Ojanperä

Partner

Johan Palsson

Co-Managing Partner

Nigel Pedroz

Partner

Ville Poukka

Managing Partner, Infra

Tuomo Raasio

Partner

Heli Rantala

Fund Manager

Anna Reuterskiöld

Investment Director

Tuomas Rinne

Partner

Atte Rissanen

Director, Strategy and Business Development

Petri Saavalainen

Partner

Juha Salokoski

Partner

Ellen Shen

Investment Manager

Mari Simula

Head of Fund Investor Relations

Vinski Siponen

Investment Associate

Markus Sjöholm

Head of CapMan Buyout and Partner

Pirjo Snellman

Fund Manager

Julia Sokolova

Investment Manager

Jani Särmäkari

Director, Fund Investor Relations

Nadia Söderling

Investment Associate

Robin Tallberg

Investment Associate

Linda Tierala

Manager of Communications and IR

Maria Timofeeva

Investment Manager

Anna Tynkkynen

Investment Manager

Per Tängerstad

Partner

Antti Uusitalo

Partner

Jari Vikiö

Partner

Alexander Vlasov

Partner

Andreas Wang

Investment Director

Robin Westberg

Investment Manager

Heikki Seppo Westerlund

CEO

ED Williams

Senior Partner

Hasse Wulff

Investment Director

Eeva-Liisa Wäre

Investment Associate

Mikhail Zotov

Investment Director

Otso Ärmänen

Investment Associate

Niklas Östborn

Head of CapMan Credit and Partner

Hans Christian Dall Nygård

Managing Partner, CapMan Russia

87 past transactions

Serverius

Private Equity Round in 2023
Serverius is an IT infrastructure services provider based in Dronten, Netherlands. The company specializes in data center colocation, internet connectivity, DDoS protection, cloud storage, and website security, among other services. By offering a range of solutions, Serverius supports large internet platforms, data centers, internet access providers, internet service providers, and cloud providers, facilitating their connection to the digital gateway.

MM Sports

Acquisition in 2021
MM Sports is one of the largest players in the Nordics in nutrition supplements. Its broad product range includes clothing and high quality supplements. MM Sports focuses on competitive prices, high quality, service and speedy deliveries.

Voxys

Series A in 2021
Voxys is a leading provider of outsourced contact center services in Russia, with over 20 years of experience in enhancing customer engagement. The company has consolidated major market players, developing a robust platform that supports a wide range of services, including customer care, market research, sales, and self-service digital solutions. Voxys operates in 33 cities across Russia and employs more than 8,000 individuals, ensuring a strong commitment to employee well-being and professional development. The company handles over 10 million multi-format interactions daily, integrating seamlessly with partner teams to address challenges effectively. Utilizing advanced IT solutions based on Cisco Systems and proprietary technologies developed by a dedicated team of IT professionals, Voxys maintains high standards of operational efficiency and quality control. The organization's focus on individualized client support and innovative practices has established it as a trusted partner for both Russian and international brands, reinforcing its position as a leader in the customer service sector.

Pharmia

Acquisition in 2021
Pharmia develops and manufactures nutritional supplements and healthcare supplies. The company is a specialist in product development - we constantly innovate, research and develop new compositions, flavors and product applications. The company's customers are the main companies marketing the food supplements in Finland and a few marketing companies in the neighboring areas of Finland. The cornerstone of the business is the continuous development of quality, product know-how and service concept.

HopLop

Acquisition in 2021
Hoplop Oy owns and operates an adventure park in Finland. The company provides space for children’s birthday parties, sports trips, class trips, or other group events; arranges various seasonal opening ceremonies, closing ceremonies, sports days, and nursery trips; and conducts workplace health promotion days and various staff and other corporate events for companies. Its amenities also include café restaurants. The company offers various entertainment options for children, parents, and other friends and relatives. Hoplop Oy was incorporated in 2005 and is headquartered in Vantaa, Finland.

Unikie

Series A in 2020
Unikie Oy is a software development company based in Tampere, Finland, with additional offices in several cities across the country. Founded in 2015, the company specializes in creating tailored software solutions for various sectors, including automotive, telecommunications, heavy industry, and maritime. Unikie focuses on integrating advanced technologies such as three-dimensional modeling and artificial intelligence to enhance self-driving vehicles and devices. Their expertise encompasses application development, embedded software, system integration, and IT systems testing, allowing clients to effectively implement their projects. Unikie partners with clients on key initiatives, providing skilled software development professionals to meet the demanding requirements of the automotive, telecom, and mobile industries, among others.

Neural DSP

Series A in 2020
Neural DSP Technologies Oy manufactures sound processing hardware. The company offers quad cortex, archetype: cory wong, fortin cali suite, omega ampworks granophyre, archetype: abasi, archetype: nolly, parallax, archetype: plini, fortin NTS suite, fortin nameless suite, and darkglass ultra plugin products. Neural DSP Technologies Oy was incorporated in 2017 and is based in Helsinki, Finland.

PDS Vision Group

Acquisition in 2020
PDS Vision Group is a global provider of solutions and services focused on helping companies successfully enable their Digital Transformation Journey specialised in 3D Design (CAD), Product Lifecycle Management (PLM), Product Data Management (PDM), Simulation Modeling (CAE), Internet of Things (IoT), Augmented Reality (AR) and Aftermarket Solutions.

Maximum Education

Series B in 2019
Maximum Education is an educational and technology company based in Moscow, Russia, specializing in offline and online test preparation services. Founded in 2013 by Michael Magkov, Pavel Belorusskiy, and Alexey Chalimov, the company operates two learning centers located in Moscow and St. Petersburg. It provides a range of educational services and products aimed at supporting students and educational partners in their academic pursuits.

Picosun

Venture Round in 2019
Picosun Oy, based in Espoo, Finland, specializes in providing atomic layer deposition (ALD) equipment and solutions for various industries and research institutions globally. The company offers a range of products, including the PICOSUN P-series for high-volume manufacturing, the R-series for research and development, and specialized tools for applications in printed electronics and medical devices. Their portfolio also includes vacuum cluster tools, particle coating systems, and diffusion enhancers, facilitating advanced processes like OLED encapsulation and thin film battery production. Picosun's technology supports diverse markets such as integrated circuits, micro-electromechanical systems, and medical equipment. Established in 1997, the company maintains a robust global presence with operations in the United States and Singapore, and a research and production facility in Masala, Finland. Picosun's extensive sales and support network spans over 30 countries, ensuring reliable service and product accessibility to its customers.

Front AI

Seed Round in 2019
Front AI is a Helsinki-based company founded in 2019 that specializes in developing advanced customer service chatbots. The company focuses on serving industries such as finance, telecommunications, and insurance. By leveraging conversational AI technology, Front AI creates solutions that automate customer service interactions, allowing businesses to efficiently manage routine tasks without human intervention. Their platform is designed to understand various languages and dialects, enhancing the customer experience while providing enterprises with a reliable means to improve operational efficiency through automation.

Avidly

Private Equity Round in 2018
Avidly Oyj is a digital sales and marketing agency based in Helsinki, Finland, with operations in Finland, Germany, Denmark, Norway, Sweden, and internationally. The company specializes in two main segments: Marketing Services and Inbound Marketing. Avidly utilizes the HubSpot marketing platform to deliver a wide range of services, including inbound strategy development, web design and development, sales enablement, content marketing, video marketing, and marketing automation. Additionally, Avidly provides branding, campaign planning, relationship marketing, and public relations services. The company was previously known as Zeeland Family Oyj before rebranding to Avidly Oyj in September 2018.

Digital Workforce

Venture Round in 2018
Digital Workforce was born when three experienced IT industry executives, Heikki, Jukka, and Mika discovered a problem. An average office worker spends half of their day navigating multiple IT systems, and the current plans for restructuring the systems are excessively expensive and time consuming. Too often, heavy information systems prevent the effective development of business processes.

Arctic Security

Private Equity Round in 2018
Arctic Security is develops and operates a threat intelligence analysis platform. The company offers AbuseSA, which is a feed-agnostic threat intelligence platform that enables abuse detection, focus remediation efforts, and ultimately secure network from external threats.

KotiSun

Acquisition in 2017
KotiSun Oy offers building technology renovations services for houses. The company offers consumers conceptualized service water and heating network renovations as a turnkey service. KotiSun Oy was founded in 2006 and is headquartered in Jyväskylä, Finland.

Medisorb

Private Equity Round in 2017
AO Medisorb manufactures generic drugs. It company’s products include different pharmacotherapeutic groups, such as analgetics, analgesics, spasmolytics, and enterosorbents. The company offers Carbopekt for stomach and intestines disorders. It caters to national, interregional, and regional pharmaceutical distributors. The company was founded in 1993 and is based in Perm, Russia. AO Medisorb has an additional office in Moscow, Russia.

Kokoc Group

Private Equity Round in 2017
Kokoc Group operates as an advertising agency in Russia. It develops a multi-format integrated Internet advertising platform which provides marketing solutions. Kokoc Group is based in Moscow, Russia.

Forenom

Acquisition in 2016
Forenom Oy is a provider of accommodation solutions and relocation services, catering to both businesses and individual travelers in Finland and other countries. Established in 2001 and headquartered in Helsinki, the company offers a variety of housing options, including furnished short-term apartments, high-class apartments, studio apartments, detached houses, apartment hotels, and hostel accommodations. Additionally, Forenom provides financial property management services. The company has expanded its presence with offices in several Finnish cities, as well as locations in Sweden, Norway, Estonia, and the United States. As a subsidiary of Barona Group Oy, Forenom aims to deliver flexible housing alternatives for project workers and travelers across Scandinavia.

Norvestia Oyj

Acquisition in 2016
Norvestia Oyj is a Finland-based investment management firm established in 1984 and headquartered in Helsinki. The company specializes in investing primarily in Nordic listed shares, hedge funds, bonds, and money market instruments, focusing on value stocks. Norvestia employs a dual investment strategy, balancing its approach between market and industrial investments based on prevailing market conditions. Its portfolio features notable companies such as Fortum Corporation, Elisa Corporation, Nokia Corporation, Nordea Bank AB, Sampo Plc, and UPM-Kymmene Corporation. Since December 2016, Norvestia has operated as a subsidiary of CapMan Oyj.

Maximum Education

Series A in 2015
Maximum Education is an educational and technology company based in Moscow, Russia, specializing in offline and online test preparation services. Founded in 2013 by Michael Magkov, Pavel Belorusskiy, and Alexey Chalimov, the company operates two learning centers located in Moscow and St. Petersburg. It provides a range of educational services and products aimed at supporting students and educational partners in their academic pursuits.

Kidburg

Private Equity Round in 2014
Kidburg, OOO, founded in 2009 and based in St. Petersburg, Russia, specializes in children's educational entertainment services. The company operates various interactive facilities, including Skazkin Dom, an interactive theatre-museum, LabirintUm, an interactive museum focused on recreational sciences, and Kidburg, a children's city of professions. With approximately 400 employees, Kidburg has expanded its reach, opening a service unit in Rostov-on-Don and planning to launch another in Moscow. These venues aim to provide engaging and educational experiences for children, blending entertainment with learning.

Malte Månson

Acquisition in 2014
Malte Maanson AB is a heavy vehicle service workshops company.

Yrkesakademin

Acquisition in 2014
Yrkesakademin AB, located in Falun, Sweden, is a private provider of vocational education and labor market training. The company offers a range of programs in various fields, including professional driving, machine operation, industrial engineering, warehouse logistics, and service. Yrkesakademin emphasizes more capital-intensive and complex educational offerings compared to its Swedish counterparts, aiming to equip students with the skills necessary for the evolving job market.

Oral Hammaslaakarit

Acquisition in 2014
Oral Hammaslaakarit provides dental health care services in Finland. The company operates a chain of dental clinics. Its services include bad breath, children’s dental care, dental and oral examination and care, dental care under anesthesia, dental implants, emergencies, esthetic dental care, prosthetic dentistry, occupational dental care, and oral and maxillofacial surgery. The company also offers oral hygienist services, orthodontic treatment, root canal therapy, home care for mouth and teeth, sensitive teeth, tartar removal, tooth extraction, and treatment of gum diseases and malocclusion, as well as dental X-ray services.

Harvia Oy

Acquisition in 2014
Harvia Oy is a Finnish maker of sauna heaters.

Suomen Lämpöikkuna Oy

Acquisition in 2014
Suomen Lämpöikkuna Oy sells and installs windows, doors, and garage doors.

Kämp Group

Acquisition in 2014
Kämp Group Ltd. operates a chain of hotels and restaurants in Helsinki and Espoo. Its amenities include rooms and suites, spas, bars, and clubs; and facilities for meetings and events. The company was founded in 1887 and is based in Helsinki, Finland. As of October 9, 2019, Kämp Group Ltd. operates as a subsidiary of Nordic Choice Hospitality Group AS.

The North Alliance

Private Equity Round in 2014
The North Alliance AS, through its subsidiaries, provides marketing communication, design, and technology services in Norway, Sweden, Denmark, Poland, and the United States. It offers services in the areas of design and technology, communication, action marketing and CRM, and digital strategy and innovation. The company also provides digital advertising agency services. The North Alliance AS is based in Oslo, Norway.

Aste Helsinki

Private Equity Round in 2013
Aste Helsinki is offers digital and print communications and marketing solutions for organizations, publishers, and brands. Its services include appearance and interface, which includes visual identify, formats in different channels, graphic design, content and service design, usability and functionality, and architecture design; print and digital communication, which includes publication and deliver system, digital media, print media, folding, programming, image processing, infographic, and web design and development; marketing and advertising, which includes banner hypertext markup language 5 (HTML5), newsletter, outdoor advertising, print, notification, advertable, trade fair and shop material, and catalog, brochure and list; and development, support and information systems, which includes graduate development, filing, instruments, statistics, optimization, training, sales systems, online store, and analytiikka.

MAYKOR

Private Equity Round in 2013
MAYKOR is the largest group of companies in the Russian service and outsourcing market, and a specialized provider of integrated maintenance services for IT equipment, building utility systems and business applications. MAYKOR’s mission is to provide effective infrastructure maintenance and development services for large and medium-sized businesses country-wide. The MAYKOR Group unites such companies as NST, CRT Service, Expertek and BetterFly Services that have been on the IT market for more than 13 years. With our own nationwide network of 83 branches and 400 local offices, MAYKOR is an one-stop-shop service provider. The company employs more than 3000 certified engineers. The MAYKOR's customer base is comprised of more than 950 businesses, including the largest geographically distributed companies from all industries. MAYKOR has a unique competence center, advanced specialized training programs for technical personnel, a developed logistics infrastructure, an automated service tracking and control system, as well as an ISO-compliant quality management system.

Acona

Acquisition in 2012
Acona AS provides services and resources covering the life cycle and phases of a petroleum asset primarily focusing on upstream activities. It offers drilling and well technology, E&P technology, flow technology, field development, and environmental services. Additionally, the company provides consultancy and integrated project management services. It serves the oil and gas industry.

Vital Development Corp.

Private Equity Round in 2012
Vital Development Corp. is a developer, producer and provider of reagent test sets, analyzers and equipment. Vital Development Corp. offers Clinical Chemistry reagent kits, ELISA reagent kits, and Rapid Latex slide tests, as well as Prodeion, a water purification system.

KDL Test

Private Equity Round in 2012
KDL Test operates a network of medical laboratories offering a comprehensive range of diagnostic testing services. Founded in 2003 and headquartered in Moscow, the company has expanded to include five regional laboratories in Perm, Omsk, Kazan, Krasnodar, and Astrakhan, along with 60 blood collection points. KDL Test provides essential tests for patients, including blood and urine analyses, hormone evaluations, cancer marker diagnostics, and infectious disease screenings. The company serves a diverse clientele, including patients, physicians, corporate clients, and regional partners, such as private medical centers and laboratories. KDL Test has established a strategic partnership with Beckman Coulter, enhancing its diagnostic capabilities. Today, it ranks as the second largest service provider in the retail sector and is the leading provider in the B2B sector.

Top League

Private Equity Round in 2012
Top League is currently the largest sporting goods retailer in Southern Russia and among the Top-3 national retail chains in the sector. The group includes multi-brand stores Top League and Manbition, a B2B sports equipment centre, an online store and mono-brand stores for Nike, Quicksilver and Bosco Sport, as well as discount centres. Today, the chain consists of 55 stores located in 16 cities in Southern, North-Caucasus and Central Federal Districts of Russia, including Krasnodar, Sochi, Rostov-on-Don, Volgograd, Stavropol and Voronezh.

Lumex Instruments

Private Equity Round in 2011
Lumex Instruments. R&D and Production Company was founded in October 1991 as a joint-stock company with limited liability by a team of research staff members of the world-famous Vavilov State Optical Institute and the Positron Corporation. Presently, the Lumex key personnel are scientists, engineers, and designers who came from St. Petersburg State University, Technological Institute, State Institute of Applied Chemistry, and from other leading R&D institutions of Russian Academy of Sciences and industrial companies. To date, there are about 400 research, production and administration staff members on the Lumex payroll.

Siberian Networks

Private Equity Round in 2011
Siberian Networks is provide wireless Internet, digital television, top-rate tariffs, and, of course, intranet services, which even subscribers with completely different tastes like.

Solera Beverage Group

Acquisition in 2011
Solera Beverage Group is one of the largest beverage groups in the Nordics, specializing in imports of wine, spirits, beer and other alcoholic and non alcoholic beverages. Solera imports and distributes its products primarily to the state retail alcohol monopolies in Norway, Sweden and Finland. Thereto, Solera offers access to HORECA, travel retail in the Nordic and Baltic region as well as grocery and convenience chains in Norway.The company is headquartered in Oslo, employs about 140 people and its turnover in 2013 was approx. €160.1 million. Solera group has for many years been successfully operating and representing a number of major international brand owners. Soleras'​ roots can be traced back to 1924 with the company Einar A. Engelstad in Norway. In 2014, Solera in Norway celebrates 90 years of growth and prosperity. Solera Beverage Group is your gateway to the Nordic beverage market! Please visit www.soleragroup.eu for more information.

VIRIAL

Private Equity Round in 2011
VIRIAL is produces and services industrial machinery and equipment for generation and transfer of electrical power. Virial manufactures ceramic and cerametallic bearings, cutting tools, and custom-designed hardwearing components for various customer industries. The company has production facilities in St. Petersburg with Russia-wide customer base.

Swereco

Private Equity Round in 2010
Swereco started in 1973 with production of crutches and development of ergonomical products for people with disabilities. They are and have always been a Swedish company with roots and production facilities in Småland. They have always applied the so called "Gnosjö-spirit" which means that they to date have been stubbornly focused on research and development of products requested by their customers.

Iconic Nordic Rooms

Acquisition in 2010
INR is the Nordic Shower Specialist focusing on shower enclosures, mixers and towel rails for bathrooms. INR is part of the Vanna Group, the bathroom group that brings together the best bathroom craftsmen in the Nordic region under one roof. The group also includes Aspen, specialists in quality bathroom furniture.

Havator

Private Equity Round in 2010
Havator Oy provides industrial and construction solutions. It offers crane, special transport, special equipment and heavy haulage, section assembly, harbor crane, installation, and engineering services. The company was formerly known as Hanhirova Yhtymä and changed its name to Havator Oy in 1981. Havator Oy was founded in 1947 and is based in Tornio, Finland with operations in Finland, Sweden, Norway, Russia, and the Baltic States.

Esperi Care

Acquisition in 2010
Esperi Care Oy is a Finnish company based in Helsinki that specializes in providing residential care services for senior citizens, individuals with mental health challenges, and those with intellectual disabilities. Founded in 2001, Esperi Care offers a range of services including assisted living, high-quality housing, and support for substance abuse recovery. The company also provides ambulance services and home care, ensuring a safe and supportive environment for its residents. Esperi Care is dedicated to helping individuals live fulfilling lives on their own terms while addressing their unique needs and circumstances.

Giraffe Crane Technologies

Private Equity Round in 2010
Giraffe Crane Technologies produces a wide range of lifting equipment: Top-slewing flat-top tower cranes TDK with the maximum lifting capacity from 8 to 16 tonnes, cat head tower cranes SMK-10.200 with the max. lifting capacity up to 10 tonnes, fast self-erecting cranes with the max. lifting capacity up to 5 tonnes (SMK-5.66, SMK-3.33), portal cranes and gantry cranes for production facilities, warehouse and terminal complexes. Through improving technologies and modernizing production processes GIRAFFE combines validity and reliability of constructions in their production with serviceability and mobility of their operation. Due to the uniqueness of used materials, modularity of constructions and new engineering decisions, the cranes GIRAFFE will meet with any needs in modern construction. Many largest companies in Russia, Kazakhstan, Belarus, Azerbaijan, Turkmenistan, Armenia have already appreciated the cranes GIRAFFE.

Papa John’s LLC

Private Equity Round in 2009
Papa John's provides food products and services. The Company owns and operates a chain of restaurants with a focus on pizza, bread sticks, and chicken wings.

MPT Sweden AB

Acquisition in 2009
MPT Sweden AB is a prominent manufacturer and distributor of ferrochrome, specializing in metal powders for the welding and hardfacing industries. Founded in 1950 and based in Ekshärad, Sweden, the company offers a range of products including XHC, HC, MC, and LC ferrochrome, along with ferromolybdenum, ferrovanadium, chromium metal, nitrided ferrochrome, and manganese metal. MPT Sweden AB caters to a global market, distributing its products through agents in various regions, including North America, South America, Asia, the Middle East, and Europe.

Samsa

Acquisition in 2009
Samsa provides treatment, residential care and educational services for young people with complex mental or behavioural problems as well as specialised supported living services for adults.

Symbio Group

Acquisition in 2009
Symbio Group, founded in 1994 and based in San Jose, California, specializes in providing innovation and co-creation services across various sectors, including software, devices, finance, travel, automotive, media, retail, and gaming. The company's offerings encompass a wide range of services such as insight and strategy, design and research, productization, software development, quality assurance, globalization, research and development, systems management, and support services. With a client base of over 400 customers globally, Symbio Group has established itself as a leader in seamless augmentation, fostering partnerships to enhance its service capabilities. The company operates development centers and offices throughout the United States, Europe, and Asia and is a subsidiary of VXI Global Solutions.

Evitec

Venture Round in 2009
Profit Software Ltd provides software solutions to financial and insurance industry in Finland, the Baltic states and Scandinavia. The company provides policy management software that incorporates insurance policy lifecycle from sales through underwriting, invoicing, servicing, and changes, to claims and exit processing; and insurance software package that manages the process chain of the property and casualty insurance industry. The company was founded in 1992.

Silex Microsystems

Venture Round in 2008
Silex Microsystems AB is a prominent foundry specializing in micro electro mechanical systems (MEMS), offering advanced manufacturing capabilities and process technologies. Established in 2000 and headquartered in Järfälla, Sweden, with additional offices in Boston and Palo Alto, the company provides a diverse range of MEMS products including sensor-based devices that measure pressure, speed, direction, position, temperature, and light. Their offerings also include actuators utilized in applications such as optical and RF switches, as well as static three-dimensional MEMS structures like micro-needles and lab-on-chip products. Silex serves a variety of industries, including automotive, life sciences, telecommunications, and consumer electronics, positioning itself as a key partner for high-tech companies seeking innovative MEMS solutions.

Espira

Acquisition in 2008
Espira is the most famous pre-school companies.

Cederroth

Acquisition in 2008
Cederroth is a manufacturer and distributor of products in the personal care, healthcare, wound care, household and first aid sectors. In each product category, the company has a number of successful brands with strong positions in highly competitive markets. Several of our products are manufactured at our own plants in Sweden, Denmark, Poland and Spain.

Russia Baltic Pork Invest ASA

Venture Round in 2008
Russia Baltic Pork Invest ASA produces pig meat products (pork). It also operates a construction company that handles infrastructure works, including electricity, gas, and water supply aspects.

Nice Entertainment Group

Acquisition in 2008
Nice Entertainment Group Oy operates as a creative production company in the Nordic region. Its production portfolio includes various television (TV) shows and formats ranging from large primetime entertainment shows to small Web productions; national and international drama series; feature films; TV-commercials; and third-party formats or line productions. The company’s production portfolio covers various genres and serves major channels and broadcasters in Norway, Denmark, Sweden, and Finland. Nice Entertainment Group Oy was formerly known as Northern Alliance Oy and changed its name to Nice Entertainment Group Oy in October 2011. The company was founded in 1969

Mawell

Venture Round in 2007
Mawell is an IT company within the eHealth market, founded in 2001 in Oulu, Finland. Today, they have offices in three countries with around 130 employees. Their offices are located in Stockholm, Gothenburg, London, Helsinki and Oulu. Their experts and development teams aim to provide services and products that increase efficiency and release time for healthcare professionals – more time to care. Mawells largest strength is in their ability to connect IT with real healthcare. Backed by support and maintenance management commitments, their consulting teams and software solutions make us a comprehensive supplier within eHealth.

Curato

Private Equity Round in 2007
Curato is a company that specializes in providing radiology and medical imaging services, including mammography, X-ray, and magnetic resonance imaging. It operates a comparison service that helps clients identify and locate nearby clinics that offer these services. Primarily serving patients in Norway, Curato aims to facilitate access to essential diagnostic imaging by simplifying the process of finding appropriate healthcare providers.

Proxima Intressenter

Acquisition in 2007
Proxima Intressenter is offers healthcare services in Sweden. The company offers primary care, diagnostics, specialist care, occupational care, and rehabilitation services.

Walki Group Oy

Acquisition in 2007
Walki Group Oy manufactures technical laminates and protective packaging materials. The company specializes in the production of fiber based, intelligent, and multi-layer laminate products. It serves building and living, paper and forest, office, steel and metal, radio-frequency identification and flexible circuit board, and technical markets, as well as food, retail, and transportation packaging sectors worldwide.

Global Intelligence Allaince

Venture Round in 2007
GIA is a strategic market intelligence and advisory group that is consistently commended for its reliable client-oriented and expertise-based solutions. According to our latest customer survey, a full 100% of our retainer clients say they would recommend GIA as a business partner to their peers. We invite you to begin a conversation with us on how GIA can help you to understand, compete and grow in international markets.

Komas

Acquisition in 2006
Komas Oy is a Finnish company that specializes in the manufacturing and sale of precision machining parts. Founded in 1925 and based in Jyvaskyla, it produces a variety of components, including hydraulic tubes and assemblies, plate components, as well as rings, discs, and die forgings. As of August 2019, Komas operates as a subsidiary of Componenta Corporation.

Solid Information Technology

Venture Round in 2006
Solid Information Technology Corporation provides database solutions. It offers solidDB 6, a relational database that delivers transaction speeds and on data access; solidDB for Sun Netra HA suite, which provides a management platform for Sun's Solaris and Linux based Netra Systems; and solidDB for VxWorks. The company's telecommunication solutions include solidDB in-memory database and IP multimedia subsystem. It also provides various consulting services, which include technical assessment, proof of concept, and database and application migration services. Solid Information Technology serves telecommunication networks, trading rooms, multimedia network printers, medical devices, fleet management systems, and point of sale (POS) solutions. The company was founded in 1992 and is based in Cupertino, California with regional offices in North America, Europe, and Asia. As of January 30, 2008, Solid Information Technology Corporation operates as a subsidiary of International Business Machines Corp.

Silex Microsystems

Venture Round in 2006
Silex Microsystems AB is a prominent foundry specializing in micro electro mechanical systems (MEMS), offering advanced manufacturing capabilities and process technologies. Established in 2000 and headquartered in Järfälla, Sweden, with additional offices in Boston and Palo Alto, the company provides a diverse range of MEMS products including sensor-based devices that measure pressure, speed, direction, position, temperature, and light. Their offerings also include actuators utilized in applications such as optical and RF switches, as well as static three-dimensional MEMS structures like micro-needles and lab-on-chip products. Silex serves a variety of industries, including automotive, life sciences, telecommunications, and consumer electronics, positioning itself as a key partner for high-tech companies seeking innovative MEMS solutions.

Ascade

Venture Round in 2006
Ascade AB is a telecom software company that specializes in providing business operations systems designed to manage and optimize decisions and operations within the telecommunications sector. Its primary products include the Carrier Cockpit Suite, a modular web-based solution that supports the entire supply chain of trading and exchanging voice traffic between telecom operators. This suite features various components such as Carrier Cockpit Billing for generating statements and reconciling invoices, Carrier Cockpit Routing for automating routing processes, and Carrier Cockpit Trading, which offers insights into costs and margins. Additionally, the suite includes interconnect solutions and services such as implementation, training, and maintenance. Ascade also offers Mobile Cockpit, which provides mobile operators with essential tools for routing, inter-operator billing, and operational control over traffic quality. Founded in 1997 and headquartered in Stockholm, Sweden, with an office in Singapore, Ascade serves a range of clients, including wireline and wireless telecom operators, mobile operators, and alternative carriers, supported by teams across Europe, Asia, and the Americas.

MQ Retail

Acquisition in 2006
MQ Holding AB operates as a fashion retailer in Sweden. The company retails fashion products and accessories under the business area of Marqet, which offers women's and men's fashion, and new exciting product categories for a contemporary work-life; MQ that provides a range of apparel for men and women with an interest in fashion; and Joy that focuses on midlife women interested in fashion. It operates 159 stores and e-commerce site. The company was founded in 1957 and is headquartered in Gothenburg, Sweden. MQ Holding AB is under liquidation.

42Networks

Series B in 2006
42Networks develops and sells products and system solutions for Broadband Telephony, Triple Play for Fiber-to-the-Premises (FTTP), and Embedded VoIP-solutions. They have been on the market with broadband telephony and Fiber-To-The-Home (FTTH) products since 1999 and they are now selling the fourth and fifth generation of products.

Maintpartner Group

Acquisition in 2006
Maintpartner Group Oy provides industrial operation and maintenance services for customers in the industrial production and public sector. Its services include project work, maintenance, and operation contracts; and collecting customer data and processing it in real time and analyzing data, as well as producing automated instructions and alerts to the customer in order to avoid production disruptions.

OneMed

Acquisition in 2006
OneMed a medical supplies distributor serving customers in the healthcare industry with reliable and efficient solutions for their entire need of supplies and related services. By supplementing their product range with services within purchasing, logistics, administration, IT support, education, product range planning, ordering procedures, as well as providing know-how on healthcare consequences and product management, they can offer a total solution where together with them, their customers can feel secure as they lower costs and promote continuous improvement in their operations. OneMed is the natural partner when health and medical care organizations strive to improve processes and reduce inefficiency in their medical supplies usage. A common incentive structure and an in-depth understanding of healthcare allow them to work with their customers to achieve continuous improvement. Working closely with their customers, they aim to help them lower their overall costs and improve the quality of care they provide to their patients. OneMed wants to help their customers develop towards procurement procedures that generate value, where quality, innovation, the environment, and cost savings are natural aspects of co-operation. These value-generating procurement concepts mean they can optimize processes and contribute to continuous improvement throughout the entire term of the contract.

ScanJour

Venture Round in 2005
Scan•Jour A/S develops integrated document and records management systems for enterprises, non-profit organizations, and the public sector. It offers systems in the fields of human resource and work flow management. The company was founded in 1983 and is based in Frederiksberg, Denmark with an additional office in Vejle, Denmark.

Inflight Service Group

Acquisition in 2005
Inflight Service Group provides a range of services to airlines, ferries and cruise ship lines, and airport retailers in Nordic and Baltic countries. It offers services in the areas of purchasing and logistics, distribution, market intelligence, marketing, and information technology aspects. The company provides alcoholic beverages (wines and spirits), perfumes and cosmetics, confectionary products, accessories, and tobacco goods. It also owns and operates airport shops.

InfoCare

Acquisition in 2005
InfoCare AS specializes in providing a comprehensive range of services for IT and electronic equipment, catering to both consumers and professionals. Founded in 1986 and based in Kristiansand, Norway, with additional locations in Sweden, Denmark, and Finland, the company offers installation, equipment movement, rollouts, and application packaging, among other services. It also manages service delivery, project management, technician hiring, and technical support. InfoCare’s offerings extend to service desk operations, on-site support, procurement, distribution, and proactive maintenance agreements. The company serves a diverse clientele across various sectors, including banking, education, healthcare, and retail, as well as small and medium-sized businesses. Its operations emphasize lifecycle management, ensuring effective support and repair services, including remote diagnostics and refurbishing. InfoCare operates as a subsidiary of Ich As.

Metso Drives

Acquisition in 2005
Metso Drives offers state-of-the-art power transmission technology to the process and energy industries.

Moventas

Acquisition in 2005
Moventas Gears Oy specializes in the design and manufacture of gearboxes for the wind power industry, catering to both onshore and offshore applications. The company produces a range of products, including power line platforms for wind turbine generators, lightweight gear and generator combinations, as well as tidal and wave turbines for industrial and marine uses. In addition to manufacturing, Moventas provides comprehensive services such as gearbox replacements, spare parts, installations, repairs, maintenance, and field services. Established in 2006 and headquartered in Jyväskylä, Finland, Moventas operates service workshops in multiple countries, including the United States, Canada, Sweden, the United Kingdom, Australia, and Germany. Formerly known as Moventas Wind Oy, the company rebranded to Moventas Gears Oy in 2012 and continues to enhance its offerings through research and development.

On2 Technologies

Series D in 2004
On2 Technologies Finland Oy offers power video codec solutions for wireless IC designs. It develops technology for enabling multimedia in battery operated mobile handsets. The company's portfolio includes hardware and software video codecs, and audio and still image codecs; and mobile TV, camcorder, and player/streamer application solutions. It offers professional services, such as architecture consulting, customization services, integration services, on-site and telephone support, and maintenance and upgrade services. The company serves semiconductor and device manufacturers in the North American, EMEA, and APAC markets. It has strategic partnerships with Access, ARM, Coding Technologies, EXPWAY, Freescale Semiconductor, Inc., OCP, RealNetworks, Silicon & Software Systems, Symbian, Texas Instruments, and Thomson. The company was founded as Hantro Products Oy in 1985 and changed its name to On2 Technologies Finland Oy in November 2007 following the acquisition by On2 Technologies Inc. The company is based in Oulu, Finland with additional offices in Espoo, Finland; Munich, Germany; Tokyo, Japan; Taipei, Taiwan; Kyunggido, Korea; and San Jose, California. As of November 1, 2007, On2 Technologies Finland Oy operates as a subsidiary of On2 Technologies Inc.

Tokmanni Group

Acquisition in 2004
Tokmanni Group is a prominent retail chain in Finland, operating over 160 stores nationwide, along with an online shopping platform. The company specializes in offering a diverse range of quality products at affordable prices, catering to various customer needs, including home renovation, cleaning, fashion, leisure, interior decoration, and gardening. Its product selection features a mix of international brands, private label items, and non-branded products. Tokmanni Group also includes a portfolio of store formats, such as Tokmanni, DollarStore, Bigdollar, Miny, Click Shoes, and Shoe House, ensuring an appealing shopping experience across all sales channels. The company's logistics operations are managed from a central warehouse, enhancing its efficiency in product distribution.
Solid Information Technology Corporation provides database solutions. It offers solidDB 6, a relational database that delivers transaction speeds and on data access; solidDB for Sun Netra HA suite, which provides a management platform for Sun's Solaris and Linux based Netra Systems; and solidDB for VxWorks. The company's telecommunication solutions include solidDB in-memory database and IP multimedia subsystem. It also provides various consulting services, which include technical assessment, proof of concept, and database and application migration services. Solid Information Technology serves telecommunication networks, trading rooms, multimedia network printers, medical devices, fleet management systems, and point of sale (POS) solutions. The company was founded in 1992 and is based in Cupertino, California with regional offices in North America, Europe, and Asia. As of January 30, 2008, Solid Information Technology Corporation operates as a subsidiary of International Business Machines Corp.

EM4

Series B in 2003
EM4, Inc. specializes in the design, development, and manufacturing of optoelectronic components and packages for various sectors, including defense, aerospace, life sciences, telecommunications, and industrial markets. The company offers a diverse range of products such as direct modulation laser transmitters for analog RF over fiber links, high-speed detectors, fiber laser pumps, and integrated laser modules. EM4 also provides outsourced sub-micron integration and packaging services, catering to the needs of businesses in the industrial, defense, and broadband markets. Its focus is on delivering reliable, cost-effective solutions for applications in space photonics and other advanced technologies.

Lumene

Acquisition in 2003
Lumene is a Finnish manufacturer of cosmetics. It was founded in 1970 and has built a brand based on the quality of products and unique viewpoint on beauty; creating skincare and makeup ranges using wild arctic ingredients and state-of-the-art extraction processes that bring out the natural, luminous beauty in women everywhere. Lumene has over 500 employees globally in a variety of roles including, research and development, marketing, manufacturing, sales, and finance.

Ljunghäll

Acquisition in 2003
Ljunghall manufactures and supplies high pressure aluminum die casting products. It also offers tool designing, assembling, training, machining, washing, and leakage testing services. Ljunghall was founded in 1917 by blacksmith Edvin Ljungkvist and his wife Hilda doing mostly small ironwork and shoeing horses.

Synerco

Acquisition in 2003
Synerco is provides facilities management services in Sweden, Finland, Denmark, and Norway. The company offers workplace management, property management, security, cleaning, telephony, and document services. It serves customers in public and the private sector.

Savcor

Private Equity Round in 2002
Savcor forestry business provides information and online diagnostic solutions for forestry processing and production planning. Complementing Trimble's Connected Forest solutions, Savcor's Zenith software manages forestry information for land acquisition planning and assessment, silviculture, harvesting and logistics to receiving timber at the mill. Savcor's Wedge™ software provides online process diagnostics by integrating and analyzing data from a variety of mill system sources to identify production bottlenecks and streamline mill operations.

Hantro

Series B in 2002
Hantro Products is a provider of video technology focused on mobile devices. The company specializes in optimized video compression implementations for various platforms, including handheld devices, digital consumer electronics, and IPTV systems. Hantro offers a range of hardware and software solutions, including MPEG4, H.263, H.264, and VC-1 video software, tailored specifically for mobile applications. Its product portfolio encompasses video applications for capturing, playback, messaging, streaming, and telephony, ensuring high-quality video experiences for users across different devices.

Fastrax

Series B in 2002
Fastrax is a leading provider of high performance GNSS receivers and Software GNSS solutions. Fastrax enables the utilization of Global Navigation Satellite Systems (GNSS) in practically any device, from industrial applications to battery-operated consumer products. Based on a decade of intensive research and development, Fastrax products feature a unique combination of state-of-the-art performance, extremely low power consumption, flexible software and miniature, easy-to-deploy designs. The product portfolio consists of multiple GNSS receivers and antenna modules along with novel pure Software GNSS solutions offering fast time-to-market with minimal costs and easily adjustable features. Fastrax Extended Support Services provide expert advice and consulting in GPS/GNSS application design.

StaffPoint

Acquisition in 2002
StaffPoint offers employment search and recruitment services in Finland. It helps employ 15, 000 experts each year in different industries. StaffPoint was founded in 1970 with offices in 14 localities in Finland and in one locality in Estonia and Spain.

Kultajousi

Venture Round in 2001
Kultajousi retails jewelry and related products. It offers a wide range of excerpts from wedding rings and diamond jewelry to fashionable wrist watches. Kultajousi was founded in 1967.

Polystar

Private Equity Round in 2000
Polystar is a provider of analytics, assurance, and monitoring software solutions based in Sweden, established in 1988. The company specializes in enabling Communications Service Providers (CSPs) to enhance their customer experience management (CEM) through advanced big data analytics and service assurance. Polystar's solutions offer real-time insights into network performance and customer interactions, allowing CSPs to simplify their strategies and deliver a seamless experience across multiple touchpoints. By leveraging the power of big data, Polystar assists operators and network equipment manufacturers in achieving service excellence and improving overall subscriber satisfaction.

Finlayson

Private Equity Round in 1999
Finlayson Oy, founded in 1820 and headquartered in Helsinki, Finland, specializes in the manufacture of home textiles, including duvets, quilts, pillows, and mattresses. The company is known for its commitment to quality design and has a focus on creating allergy-free products. Finlayson Oy operates as a subsidiary of Finlayson & Co Oy and has a rich history in the textile industry, emphasizing both innovation and consumer health in its product offerings.
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