Herkules Capital

Herkules Capital is a private equity firm based in Norway, primarily focused on investing in the Nordic region, particularly Norway. Established in 2003, the firm has raised approximately NOK 15 billion to acquire majority interests in established businesses that demonstrate strong growth potential. Herkules Capital emphasizes a partnership approach, collaborating closely with existing shareholders and respecting the history and culture of each company. The firm aims for long-term industrial ownership, leveraging its proven experience to foster growth and enhance value in its portfolio companies.

Jostein Bjørge

Director

Morten Blix

Senior Partner

Fredrik Toft Bysveen

Investment Manager

Patrik B. Egeland

Partner and Chief Operations Officer

Krister Hytten Eriksen

CFO

Gaute Gillebo

Partner

Cato A. Haug

Co-Managing Partner

Fredrik Kongsli

Investment Manager

Gert Munthe

Founding Partner & Chairman

Petter Roald

Associate

Tore Rynning-Nielsen

Advisory Partner and Co-Founder of Herkules Private Equity

Henning Sørlie

Investment Manager

Cathrine Myhre Telje

Director Investor Relations

Past deals in Norway

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.

Seagull

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

Admincontrol

Acquisition in 2015
Admincontrol is a cloud-based software provider specializing in secure collaboration and document sharing for business-critical processes. It offers Board Portals for Corporate Governance and Virtual Data Rooms for Corporate Finance, facilitating the secure and efficient exchange of vital information. The platform is accessible through any browser and also has dedicated apps for iPad and iPhone, making it user-friendly and convenient for clients worldwide. With a strong presence in the Nordic market and growing clientele across all continents, Admincontrol helps organizations streamline their workflows, enhance decision-making, and better manage processes such as board activities, due diligence, and capital injections. As a subsidiary of Visma AS, Admincontrol continues to expand its market share and improve its offerings in the domain of secure data sharing.

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.

Petroleum Technology Company

Acquisition in 2013
Petroleum Technology Company is a oil services firm.

Harding Safety AS

Acquisition in 2013
Harding Safety AS specializes in the design, manufacture, and supply of marine life-saving systems, serving both the Norwegian market and international clients. The company’s product offerings include lifeboats for the offshore and shipping industries, rescue boat systems for various maritime applications, and essential equipment such as ship and rig davits, sea cure hooks, and winches. In addition to its core products, Harding Safety AS provides a range of services, including inspection, maintenance, refinishing, refurbishments, training, and spare parts. Established in 1928 and based in Seimsfoss, Norway, the company has production facilities across Europe, Asia, and the United States. Harding Safety AS was formerly known as Umoe Schat-Harding Services Norway AS before rebranding in July 2013.

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.

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.

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.

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.

Noratel AS

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