CapMan

CapMan is a prominent Nordic private asset management and investment firm founded in 1989 and headquartered in Helsinki, Finland. With over 30 years of experience, CapMan specializes in private equity, real estate, and infrastructure investments across the Nordic countries and Russia. The firm manages a diverse portfolio, including buyout and growth funds, as well as real estate value-added funds, targeting various sectors such as healthcare, technology, and manufacturing. CapMan is committed to enhancing the performance and stability of unlisted businesses and real estate, believing that well-managed companies contribute to economic growth and societal well-being. Its investment strategy emphasizes creating high-quality environments and utilities, which are essential for thriving communities.

Elina Ahlqvist

Investment Manager

Tomi Alén

Partner, CapMan Growth

Sauli Antila

Investment Director

Anna Autti

Investment Director

Kajsa Bagler

Investment Manager

Gustav Berg

Investment Associate

Christian Borgström

Senior Partner

Pontus Danielsson

Investment Associate

Mads Diderichsen

Investment Manager

Oskari Elmén

Investment Director

Robert Feldt

Investment Director

Jakob Føgh-Larsen

Investment Associate

Pekko Haaksluoto

Partner

Joonas Hacklin

Investment Manager

Harri Halonen

Partner, Infra

Eero Hautaniemi

Investment Director

Ninni Hietaniemi

Investment Manager

Mikael Hjorth

Partner

Simon Hultén

Investment Manager

Maija Joutsenkoski

Partner

Heikki Juntti

Partner, Growth

Laura Karikko

Sustainability Value Creation Director

Antti Karppinen

Managing Partner

Karri Keistinen

Investment Associate

Aleksi Konsti

Investment Director

Joonas Korkalainen

Investment Associate

Mika Koskinen

Managing Partner

Antti Kummu

Managing Partner, CapMan Growth

Noora Kuvaja

Investment Director

Ari Kyöstilä

Senior Investment Manager

Thomas Laakso

Partner

Jens-Henrik Larsen

Investment Director

Tommy Lindblom

Investment Director

Mathias Ljungberg

Investment Director

Marcus Lotzman

Investment Director

Maximilian Marschan

Managing Partner

Mika Matikainen

Managing Partner

Juha Mikkola

Senior Partner, Growth

Nikke Mikkonen

Investment Manager

Daniel Nejman

Investment Director

Nigel Pedroz

Partner

Ville Poukka

Managing Partner, Infra

Tuomas Rinne

Partner, Special Situations

Ellen Shen

Investment Manager

Vinski Siponen

Investment Associate

Robin Tallberg

Investment Manager

Antti Uusitalo

Partner

Jari Vikiö

Partner, CapMan Special Situations

Andreas Wang

Investment Director

Robin Westberg

Investment Director

ED Williams

Managing Partner

Hasse Wulff

Investment Director

Eeva-Liisa Wäre

Investment Associate

Otso Ärmänen

Investment Associate

Past deals in Sweden

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.

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.

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.

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 vocational education provider that specializes in labor market training. The company offers a diverse range of educational programs, including vocational training for professional drivers, machine operators, industrial engineering, warehouse logistics, and adult education. By focusing on complex and capital-intensive training, YrkesAkademin aims to equip individuals with the skills necessary to enhance their employability and address workforce needs. Their services are designed to support both basic and advanced training, thereby contributing to skill development and efforts to reduce unemployment in Sweden.

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.

Solera AS

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.

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 offers a range of industrial and construction solutions, specializing in lifting services and heavy crane equipment. Founded in 1947 and based in Tornio, Finland, the company provides services such as crane operation, special transport, heavy haulage, section assembly, and installation. With a commitment to safety and efficiency, Havator caters to manufacturing, infrastructure, and construction sectors across Finland, Sweden, Norway, Russia, and the Baltic States. The company also engages in project planning and offers electric cranes and fleet services, ensuring that clients have access to reliable and specialized equipment for their construction needs.

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.

Silex Microsystems

Venture Round in 2008
Silex Microsystems AB is a leading manufacturer of micro electro mechanical systems (MEMS), specializing in the production of sensors, actuators, and precision structures. Founded in 2000 and headquartered in Järfälla, Sweden, the company serves a diverse clientele across various sectors, including automotive, life sciences, telecommunications, and consumer electronics. Silex offers sensor-based MEMS that measure parameters such as pressure, speed, and temperature, as well as actuators for applications in optical and RF switches. Additionally, the company produces static three-dimensional MEMS structures, including micro-needles and lab-on-chip products. Operating as an independent MEMS foundry, Silex Microsystems has established sales and technical support offices in Boston and Palo Alto, enhancing its ability to meet the needs of high-tech companies globally.

Cederroth

Acquisition in 2008
Cederroth International AB is a manufacturer and distributor of a diverse range of products in the personal care, healthcare, wound care, household, and first aid sectors, primarily in Europe. The company's personal care offerings include soaps, shower gels, creams, deodorants, and dental products, while its healthcare segment features over-the-counter pharmaceuticals and dietary supplements. Cederroth specializes in wound care solutions, providing a variety of plasters, including sports and burn plasters, as well as comprehensive first aid equipment like kits and dispensers. In the household category, it offers cleaning products, washing detergents, and household essentials. Cederroth markets its products under several well-established brands, including Salve, Allévo, and L300. The company operates manufacturing facilities in Sweden, Denmark, Poland, and Spain, ensuring strong control over its production processes. Founded in 1895 and headquartered in Upplands Vasby, Sweden, Cederroth has a longstanding presence in the market and operates as a subsidiary of Weifa ASA.

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.

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.

Silex Microsystems

Venture Round in 2006
Silex Microsystems AB is a leading manufacturer of micro electro mechanical systems (MEMS), specializing in the production of sensors, actuators, and precision structures. Founded in 2000 and headquartered in Järfälla, Sweden, the company serves a diverse clientele across various sectors, including automotive, life sciences, telecommunications, and consumer electronics. Silex offers sensor-based MEMS that measure parameters such as pressure, speed, and temperature, as well as actuators for applications in optical and RF switches. Additionally, the company produces static three-dimensional MEMS structures, including micro-needles and lab-on-chip products. Operating as an independent MEMS foundry, Silex Microsystems has established sales and technical support offices in Boston and Palo Alto, enhancing its ability to meet the needs of high-tech companies globally.

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 specializes in the development and sale of products and system solutions for broadband telephony and Fiber-to-the-Premises (FTTP) services. Since its inception in 1999, the company has been at the forefront of broadband telephony and Fiber-To-The-Home (FTTH) technology, now offering advanced fourth and fifth generation products. Their expertise in VoIP technology enables operators and service providers to seamlessly integrate telephony services with other broadband offerings, catering to a diverse range of needs from low-end to high-end solutions.

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.

Inflight Service Group

Acquisition in 2005
Inflight Service Group specializes in providing a variety of services to airlines, ferries, cruise lines, and airport retailers primarily in the Nordic and Baltic regions. The company focuses on purchasing and logistics, distribution, market intelligence, marketing, and information technology. Its product offerings include alcoholic beverages, perfumes, cosmetics, confectionery, accessories, and tobacco goods. Additionally, Inflight Service Group owns and operates airport shops located in major cities such as Stockholm, Cracow, Gdansk, Poznan, Tallinn, and various locations in Norway. Established in 1991 and headquartered in Kista, Sweden, the company has a significant presence in the travel retail market, supporting its clients with assortment management and strategic purchasing solutions.

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.

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.

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.

Polystar

Private Equity Round in 2000
Polystar is a Swedish provider of software solutions specializing in analytics, service assurance, and network monitoring for Communications Service Providers (CSPs). Founded in 1988, the company focuses on enhancing customer experience management and big data analytics to help CSPs improve service delivery and operational efficiency. Polystar's solutions enable operators to streamline their strategies and gain real-time insights into network and customer data, facilitating informed decision-making and effective service management. By leveraging these advanced tools, Polystar supports both CSPs and network equipment manufacturers in achieving superior service excellence for their subscribers.
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