Summa Equity

Summa Equity is a private equity firm specializing in middle market investments in businesses based in Scandinavia. The firm will focus on investments in resource scarcity, energy efficiency, changing demographics and tech-enabled businesses. It invests in the Nordic region. Summa Equity was founded in 2016 and is based in Sweden.
MB

Marius Bengston

Principal

Karin Cakste

CFO

GG

Gisle Glück Evensen

Partner

MF

Matthias Fink

Partner

MG

Martin Gjølme

Partner

TH

Tim He

Partner

JH

Jon Hindar

Principal

Johan Pietilä Holmner

Investment Manager

Reynir Indahl

Managing Partner

Hannah Gunvor Jacobsen

Director

Joakim Sundby Johansen

Director

BS

Benedicte Skjerve Jørgensen

Investment Associate

Jenny Keisu

Partner and Chief Operation Officer

PK

Pekko Kolehmainen

Investment Associate

ML

Mehdi Lahlou

Investment Associate

SL

Silje Lambrechts

Investment Associate

Johannes Lien

Principal

Christian Melby

Partner

PQ

Peder Qvigstad

Investment Associate

AR

Annette Roth

Investment Associate

Anna Ryrberg

Director

SS

Sercan Samanci

Investment Associate

SS

Sundeep Singh

Investment Manager

SG

Sebastian Greve Sunde

Investment Manager

Rickard El Tarzi

Investment Manager

Tommi Unkuri

Partner

MV

Michael Vollset

Director

CW

Christoph Waer

Partner

24 past transactions

Axion BioSystems, Inc.

Acquisition in 2021
Axion BioSystems, Inc. a life science instrumentation company that develops multi-electrode array technology to provide access to cellular information analysis for research, clinical, and drug discovery markets. It offers single-well systems, stimulating and recording channels, channel systems, multi-well systems, and integrated circuits for elimination of stimulation artifacts. Its products include microelectrode array plates, axion biosystems integrated studio (AxIS), and lumos. The company was founded in 2007 is based in Atlanta, Georgia.

Documaster

Venture Round in 2019
Documaster AS designs and develops records and document management software solutions for private businesses and public organizations in Norway and internationally. The company offers document management for contracts, human resource (HR) files, technical documents, deliverables, case files, and business plans. Its products include Documaster, which is a software solution for storing, classifying, and finding documents and data; Documaster API, which is a software solution that integrates Documaster with existing tools for document management capabilities; Decommissioning, which is a software solution that consolidates legacy business systems; and Digitisation, which is a software solution that brings ageing paper-based archives online. Documaster AS was founded in 2010 and is headquartered in Oslo, Norway. It has corporate offices in Alesund, Norway; Sofia, Bulgaria; Stockholm, Sweden; London, United Kingdom; and Trondheim, Norway.

EcoOnline AS

Private Equity Round in 2017
EcoOnline AS is a market leader in Chemical Documentation Management software in the Nordics.

Milarex

Acquisition in 2017
Milarex began operating in 2016 and currently produces around 5,500 tons of smoked salmon products a year. These are made mainly from salmon from Norway, where the business will establish a new head office. Milarex has been profitable since beginning its operations and expects revenues of €100m for 2017.

ZeroAvia, Inc.

Series A in 2021
ZeroAvia builds a practical zero-emission aviation powertrain, based on electric propulsion powered by the hydrogen fuel cell system. Initially focusing on 500-mile zero-emission travel in a 10-20 seat regional aircraft, the company's unique approach results in 4x lower fuel and engine maintenance costs. The company was founded in 2017 by Val Miftakhov and is based in Hollister, California, United States.

Documaster

Venture Round in 2020
Documaster AS designs and develops records and document management software solutions for private businesses and public organizations in Norway and internationally. The company offers document management for contracts, human resource (HR) files, technical documents, deliverables, case files, and business plans. Its products include Documaster, which is a software solution for storing, classifying, and finding documents and data; Documaster API, which is a software solution that integrates Documaster with existing tools for document management capabilities; Decommissioning, which is a software solution that consolidates legacy business systems; and Digitisation, which is a software solution that brings ageing paper-based archives online. Documaster AS was founded in 2010 and is headquartered in Oslo, Norway. It has corporate offices in Alesund, Norway; Sofia, Bulgaria; Stockholm, Sweden; London, United Kingdom; and Trondheim, Norway.

Lakers Group AS

Acquisition in 2018
Lakers Group AS, a water pump service company, provides maintenance, service, development, and technical consulting of pumps, pumping stations, electrical motors, and related components. It specializes in construction, infrastructure, industry, and building service areas. The company also sells pumps. It serves private, municipal, and commercial customers in Norway. Lakers Group AS was founded in 2016 and is based in Oslo, Norway.

G-CON

Acquisition in 2021
G-CON Manufacturing, Inc. designs, constructs, and installs biotherapeutic and pharmaceutical facilities. It provides autonomous cleanroom and containment PODs, which are self-contained systems for scale up projects, commercial, and retrofit applications. Additionally, the company offers facility designing, engineering, construction, POD maintenance and monitoring, validation, and compliance support services. G-CON Manufacturing, Inc. was formerly known as G-Con, LLC. The company was founded in 2009 and is based in College Station, Texas.

Documaster

Venture Round in 2021
Documaster AS designs and develops records and document management software solutions for private businesses and public organizations in Norway and internationally. The company offers document management for contracts, human resource (HR) files, technical documents, deliverables, case files, and business plans. Its products include Documaster, which is a software solution for storing, classifying, and finding documents and data; Documaster API, which is a software solution that integrates Documaster with existing tools for document management capabilities; Decommissioning, which is a software solution that consolidates legacy business systems; and Digitisation, which is a software solution that brings ageing paper-based archives online. Documaster AS was founded in 2010 and is headquartered in Oslo, Norway. It has corporate offices in Alesund, Norway; Sofia, Bulgaria; Stockholm, Sweden; London, United Kingdom; and Trondheim, Norway.

EcoOnline AS

Acquisition in 2017
EcoOnline AS is a market leader in Chemical Documentation Management software in the Nordics.

Olink Proteomics AB

Acquisition in 2019
Olink is a privately held company that develops ground-breaking technologies for biomolecular analysis.

myneva Group

Acquisition in 2021
myneva Software focuses on people - that is, your clients / customers - and relieves all actors who are concerned about their well-being and professional support.

Pagero AB

Acquisition in 2017
One connection – global reach We believe business should be easy. That’s why we are building the world’s largest, open business network. With our cloud-based network, you can reach any business, anywhere in the world – no matter how many borders your operations may cross. We take care of the technical and regulatory requirements across your entire order-to-cash, purchase-to-pay and freight processes, to give you data accuracy and security, transparency and real-time visibility. All this through a single connection.

HyTest Ltd.

Acquisition in 2018
HyTest Ltd. manufactures monoclonal antibodies and antigens for the diagnostic industry. The company provides products in several clinical areas including cardiac markers, infectious diseases, metabolic syndrome, and veterinary diagnostics. HyTest Ltd. was founded in 1994 and is based in Turku, Finland.

Metry AB

Venture Round in 2019
Metry AB designs and develops platform that offers products, tools, and services for saving energy. It collects data, such as utility company data, submetering, and manual collection; and uses data in the energy management system and in the invoicing system. The company was founded in 2012 and is headquartered in Gothenburg, Sweden.

Norsk Gjenvinning

Acquisition in 2017
Norsk Gjenvinning operates as a recycling company. Norsk Gjenvinning offers a wide range of sustainable waste management and recycling solutions, working with businesses, industry and local authorities across the country.

Sengenics

Acquisition in 2020
Sengenics is a functional proteomics company that leverages its patented KREX™ technology for production of full-length, correctly folded and functional proteins. KREX™ was invented and patented by Professor Jonathan Blackburn whilst he was a member of the faculty at the University of Cambridge. Jonathan is the CSO of Sengenics. The key application of KREX™ is the discovery of autoantibody biomarkers for two core medical use cases. Firstly, stratification of patients undergoing treatment with autoimmune or cancer drugs into responders, non-responders and those that may exhibit severe immune-related adverse events. Secondly, identification of autoantibody biomarkers that may be used to diagnose cancer, autoimmune or neurodegenerative conditions years before conventional diagnostic tests.

ZeroAvia, Inc.

Series B in 2021
ZeroAvia builds a practical zero-emission aviation powertrain, based on electric propulsion powered by the hydrogen fuel cell system. Initially focusing on 500-mile zero-emission travel in a 10-20 seat regional aircraft, the company's unique approach results in 4x lower fuel and engine maintenance costs. The company was founded in 2017 by Val Miftakhov and is based in Hollister, California, United States.

Tibber

Series C in 2022
Tibber is a digital electricity supplier that offers technological solutions to minimize their customers’ consumption and costs. Its vision is to make sustainable energy consumption simple and affordable for all households. Tibber's mission is to reduce the residential electricity consumption for European households by 20 %. Founded in Norway and Sweden in 2016, the company has expanded its offer to Sweden and Germany where it powers over 100 000 homes. Tibber replaces traditional utilities with smart technology, supplying its customers with renewable energy at fair and transparent prices. In addition, its app provides real-time analytics into energy usage, and pairs with a variety of smart home devices to reduce electricity consumption at home. The company sells tech-gadgets in their online store and recently was licensed to balance the main power grid in Sweden with EVs.

ZeroAvia, Inc.

Venture Round in 2021
ZeroAvia builds a practical zero-emission aviation powertrain, based on electric propulsion powered by the hydrogen fuel cell system. Initially focusing on 500-mile zero-emission travel in a 10-20 seat regional aircraft, the company's unique approach results in 4x lower fuel and engine maintenance costs. The company was founded in 2017 by Val Miftakhov and is based in Hollister, California, United States.

SORTERA Skandinavien AB

Acquisition in 2016
SORTERA is the environmental company which through its 3 business areas (Recycling, Industry and Trading) is the leading and most specialized player in construction / waste disposal in Sweden.

EcoOnline AS

Private Equity Round in 2020
EcoOnline AS is a market leader in Chemical Documentation Management software in the Nordics.

ZeroAvia, Inc.

Series A in 2020
ZeroAvia builds a practical zero-emission aviation powertrain, based on electric propulsion powered by the hydrogen fuel cell system. Initially focusing on 500-mile zero-emission travel in a 10-20 seat regional aircraft, the company's unique approach results in 4x lower fuel and engine maintenance costs. The company was founded in 2017 by Val Miftakhov and is based in Hollister, California, United States.

Lin Education

Acquisition in 2017
Lin Education is a Swedish Education Technology company founded in 2007 as distributor of IT hardware (i.e. computers, laptops, tablets) to Swedish schools. The Company has since also expanded into segments for digital content, training and supplementary services for a digital learning environment.