Herkules Capital

Herkules is a leading Private Equity firm in Norway and has raised funds totaling about NOK 15 billion. We invest in companies located in the Nordic region, primarily in Norway, and acquire majority interests in established businesses with strong growth potential. We have a proven experience in working in partnership with existing shareholders. Our approach to ownership is industrial and long term, and is built on fundamental respect for the history, culture and experience within each individual company.
JB

Jostein Bjørge

Director

MB

Morten Blix

Senior Partner

FT

Fredrik Toft Bysveen

Partner

KH

Krister Hytten Eriksen

CFO

GG

Gaute Gillebo

Partner

CH

Cato Haug

Co-Managing Partner

FK

Fredrik Kongsli

Partner

GM

Gert Munthe

Founding Partner and Chairman

14 past transactions

Seagull

Acquisition in 2015
Seagull AS is the provider of computer based training systems for seafarers.

Admincontrol

Acquisition in 2015
SECURE and SIMPLIFY your workflow of business critical data with Admincontrol. Admincontrol provides Board Portals for Corporate Governance and Virtual Data Rooms for Corporate Finance. The Admincontrol Portals give you the opportunity to share and show your business critical information in a secure and user-friendly environment. Admincontrol is secure and easily accessed through any browser, and also available in App Store. Admincontrol is a fast growing provider with clients in all continents, and a significant market share in the Nordics.

Linas Matkasse

Private Equity Round in 2015
Linas Matkasse of Sweden is a pioneer in the meal kit delivery space with a pan-Nordic presence in Sweden, Norway, Denmark and Finland. Total turnover of the company is around $170 million.

Elektroimportøren AS

Acquisition in 2014
Elektroimportøren AS engages in the wholesale and retail distribution of electrical goods. The company was incorporated in 1994 and is based in Oslo, Norway.

ODLO International AG

Acquisition in 2010
Odlo Sports Group is a designer, manufacturer and distributor of functional sports clothing. Odlo’s functional sports wear product offering includes sports underwear, tec shirts, and third layer sportswear for running, nordic walking, general outdoor activities and cross country. Odlo’s highly sophisticated layering system ensures optimal transport of moisture, climate regulation and protection to ensure an optimal feel in sports.

projectiondesign

Acquisition in 2009
Projectiondesign is a Norwegian company that designs, manufactures and markets a range of high performance projectors for professional, business and consumer applications. Amongst its core markets are high resolution scientific visualization and simulation, medical imaging, e-cinema and public displays.

Stamina Group

Acquisition in 2011
Stamina is the leading player within occupational health services (OHS) in Norway and the second largest player in Sweden. The Group has a broad local presence in both Norway and Sweden Stamina offers a unique combination of full-scale training centres and comprehensive OHS. The Group also offers treatments for muscular and skeletal disorders and lifestyle related diseases from its private hospital, NIMI. Stamina is the result of the merger between the occupational health services (OHS) company Hjelp24, Friskhuset with its fitness centres and the OHS company Avonova in Sweden Stamina has made several add-on acquisitions within OHS in Norway and Sweden, and within the Fitness segment in Norway.
Petroleum Technology Company is a oil services firm.

Estrella Maarud

Acquisition in 2008
Estrella Maarud manufactures and markets salted snacks.

Gothia Financial Group AS

Acquisition in 2008
Gothia Financial Group AS offers debt collection, invoice purchasing, financing, debt purchasing, and invoice administration services private consumers and companies.

Harding Safety AS

Acquisition in 2013
Harding Safety AS designs, manufactures, and supplies marine life-saving systems in Norway and internationally. The company offers lifeboats for the offshore and shipping industry; rescue boat systems for offshore applications, merchant, and passenger vessels; ship and rig davits; sea cure hooks, raft and rescue boat hooks, and re-hooking; and winches and cruise tenders. It also provides inspection and maintenance, refinishing, refurbishments, and training services, as well as spare parts.

Noratel AS

Acquisition in 2005
Noratel AS manufactures customized transformers and wound components.

Espresso House Baresso

Acquisition in 2012
Espresso House Holding AB owns and operates a chain of coffee bars.

Micro Matic Norge AS

Acquisition in 2006
Micro Matic Norge AS distributes technical control systems and design installation materials. Micro Matic Norge imports and markets components and systems for management and control of technical installations within electro, heating, and ventilation.