Summa Equity

Summa Equity AB is a private equity firm established in 2016, headquartered in Stockholm, Sweden, with an additional office in Oslo, Norway. The firm specializes in middle market investments and buyout transactions, primarily targeting businesses in Scandinavia. Summa Equity focuses on sectors that address global challenges, including resource scarcity, energy efficiency, changing demographics, and technology-enabled solutions. The firm typically invests between $10 million and $200 million and seeks to acquire a majority stake in its portfolio companies. With a commitment to responsible investment practices, Summa Equity aims to foster growth in companies that possess strong niche positions and the potential for significant development through technology, organizational enhancements, and international expansion.

Marius Bengston

Principal

Stephanie Caspar

Partner, Head of Portfolio and Via Summa

Hans Cobben

Partner

Gisle Gluck Evensen

Partner

Matthias Fink

Partner

Jacob Frandsen

Investment Director

Martin Gjølme

Partner

Tuva Greaker

Investment Associate

Tim He

Partner

Jon Hindar

Partner

Johan Pietilä Holmner

Investment Director

Shuayb Ibrahim

Investment Associate

Hannah Jacobsen

COO and Partner

Pekko Kolehmainen

Investment Manager

Mehdi Lahlou

Investment Manager

Silje Lambrechts

Investment Manager

Denny Lekic

Investment Manager

Gustav Lindberg

Investment Director

Astrid Lindquist

Investment Associate

Vanessa McKay

Investment Associate

Christian Melby

Partner

Louisa Neumann

Investment Director

Maja Zhang Olsen

Investment Associate

Tuva Einang Prestegard

Investment Associate

Peder Qvigstad

Investment Manager

Annette Roth

Investment Manager

Anna Ryrberg

Investment Director

Gustavo Salem

Partner

Sercan Samanci

Investment Manager

Fabian Schmidt

Investment Manager

Sundeep Singh

Investment Manager

Ragnhild Støer

Investment Associate

Sebastian Greve Sunde

Investment Manager

Tommi Unkuri

Partner

Christoph Waer

Partner

Maximilian Waldmann

Investment Associate

Betty Ålander

Investment Associate

Nicolas Roelofs Ph.D

Partner

24 past transactions

Tibber

Series C in 2022
Tibber is a digital electricity supplier founded in 2016 in Norway and Sweden, focusing on minimizing energy consumption and costs for its customers. The company aims to reduce residential electricity consumption for European households by 20%. Tibber operates in Sweden and Germany, serving over 100,000 homes with renewable energy at fair prices. By replacing traditional utilities with smart technology, Tibber empowers consumers to manage their energy use more effectively. Its mobile app provides real-time analytics on energy consumption and integrates with various smart home devices, promoting efficient electricity usage. Additionally, Tibber offers tech gadgets through its online store and has recently gained a license to balance the main power grid in Sweden using electric vehicles.

ZeroAvia

Series B in 2021
ZeroAvia, Inc. designs zero-emission aircraft specifically for commercial short-haul trips. Founded in 2017 by Val Miftakhov, the company is headquartered in Hollister, California, with an additional office in Cranfield, United Kingdom. ZeroAvia develops a hydrogen fuel cell system that powers electric propulsion, enabling practical zero-emission aviation. The company initially targets a travel range of 500 miles for regional aircraft accommodating 10 to 20 passengers. This innovative approach significantly reduces operational costs, offering four times lower fuel and engine maintenance expenses compared to traditional aviation solutions.

G-Con Manufacturing

Acquisition in 2021
G-CON Manufacturing, Inc. specializes in the design, construction, and installation of biotherapeutic and pharmaceutical facilities, focusing on off-site, prefabricated cleanroom units known as PODs. These autonomous cleanrooms are self-contained systems that support scale-up projects, commercial applications, and facility retrofitting. Founded in 2009 and based in College Station, Texas, G-CON is recognized as a leader in the industry due to its ability to deploy cleanroom infrastructure significantly faster than traditional methods, thus meeting the rapidly evolving needs of pharmaceutical development and manufacturing. The company offers six standard POD models available for quick delivery at fixed prices, as well as customized units tailored to specific project requirements. Each POD is prequalified at G-CON's manufacturing sites in the United States and Ireland, adhering to a rigorous quality management system, making them suitable for various clinically and commercially approved applications. Additionally, G-CON provides comprehensive services, including facility design, engineering, construction, POD maintenance, validation, and compliance support.

Axion Biosystems

Acquisition in 2021
Axion BioSystems, Inc. is a life science instrumentation company based in Atlanta, Georgia, specializing in multi-electrode array technology. This technology facilitates cellular information analysis for various sectors, including research, clinical applications, and drug discovery. The company offers a range of products, such as single-well systems, stimulating and recording channels, multi-well systems, and integrated circuits designed to eliminate stimulation artifacts. Among its key products are microelectrode array plates, the Axion BioSystems Integrated Studio (AxIS), and Lumos. Founded in 2007, Axion BioSystems aims to enhance the accessibility and quality of cellular data for scientific and medical advancements.

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.

ZeroAvia

Venture Round in 2021
ZeroAvia, Inc. designs zero-emission aircraft specifically for commercial short-haul trips. Founded in 2017 by Val Miftakhov, the company is headquartered in Hollister, California, with an additional office in Cranfield, United Kingdom. ZeroAvia develops a hydrogen fuel cell system that powers electric propulsion, enabling practical zero-emission aviation. The company initially targets a travel range of 500 miles for regional aircraft accommodating 10 to 20 passengers. This innovative approach significantly reduces operational costs, offering four times lower fuel and engine maintenance expenses compared to traditional aviation solutions.

Documaster

Venture Round in 2021
Documaster AS is a developer of records and document management software solutions catering to both public organizations and private businesses in Norway and internationally. Founded in 2010 and headquartered in Oslo, the company provides various products, including a software solution for document storage and classification, an API for integration with existing document management tools, and systems for digitizing legacy archives. Documaster also consolidates outdated business systems to enhance efficiency. The company emerged from NorseLAB in 2014, focusing initially on the public sector and expanding its offerings to private enterprises thereafter. It has established a presence in several cities across Norway, Bulgaria, Sweden, and the United Kingdom. Documaster aims to reduce operational costs and improve workflows while ensuring that valuable records stored in legacy systems remain accessible for future use. By leveraging advanced technologies such as Natural Language Processing and Machine Learning, Documaster enhances the efficiency of knowledge workers and promotes better information governance.

ZeroAvia

Series A in 2021
ZeroAvia, Inc. designs zero-emission aircraft specifically for commercial short-haul trips. Founded in 2017 by Val Miftakhov, the company is headquartered in Hollister, California, with an additional office in Cranfield, United Kingdom. ZeroAvia develops a hydrogen fuel cell system that powers electric propulsion, enabling practical zero-emission aviation. The company initially targets a travel range of 500 miles for regional aircraft accommodating 10 to 20 passengers. This innovative approach significantly reduces operational costs, offering four times lower fuel and engine maintenance expenses compared to traditional aviation solutions.

ZeroAvia

Series A in 2020
ZeroAvia, Inc. designs zero-emission aircraft specifically for commercial short-haul trips. Founded in 2017 by Val Miftakhov, the company is headquartered in Hollister, California, with an additional office in Cranfield, United Kingdom. ZeroAvia develops a hydrogen fuel cell system that powers electric propulsion, enabling practical zero-emission aviation. The company initially targets a travel range of 500 miles for regional aircraft accommodating 10 to 20 passengers. This innovative approach significantly reduces operational costs, offering four times lower fuel and engine maintenance expenses compared to traditional aviation solutions.

Sengenics

Acquisition in 2020
Sengenics is a functional proteomics company that utilizes its patented KREX™ technology to produce full-length, correctly folded, and functional proteins. Developed by Professor Jonathan Blackburn at the University of Cambridge, KREX™ is pivotal for discovering autoantibody biomarkers relevant to two main medical applications. The first focuses on stratifying patients undergoing treatment for autoimmune diseases or cancer, helping to identify responders, non-responders, and those at risk of severe immune-related side effects. The second application involves the early identification of autoantibody biomarkers that can diagnose cancer, autoimmune disorders, or neurodegenerative conditions well in advance of traditional diagnostic methods. Through its innovative approach, Sengenics aims to enhance drug response prediction and develop companion diagnostics, ultimately improving patient care in complex medical scenarios.

Documaster

Venture Round in 2020
Documaster AS is a developer of records and document management software solutions catering to both public organizations and private businesses in Norway and internationally. Founded in 2010 and headquartered in Oslo, the company provides various products, including a software solution for document storage and classification, an API for integration with existing document management tools, and systems for digitizing legacy archives. Documaster also consolidates outdated business systems to enhance efficiency. The company emerged from NorseLAB in 2014, focusing initially on the public sector and expanding its offerings to private enterprises thereafter. It has established a presence in several cities across Norway, Bulgaria, Sweden, and the United Kingdom. Documaster aims to reduce operational costs and improve workflows while ensuring that valuable records stored in legacy systems remain accessible for future use. By leveraging advanced technologies such as Natural Language Processing and Machine Learning, Documaster enhances the efficiency of knowledge workers and promotes better information governance.

EcoOnline

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

Documaster

Venture Round in 2019
Documaster AS is a developer of records and document management software solutions catering to both public organizations and private businesses in Norway and internationally. Founded in 2010 and headquartered in Oslo, the company provides various products, including a software solution for document storage and classification, an API for integration with existing document management tools, and systems for digitizing legacy archives. Documaster also consolidates outdated business systems to enhance efficiency. The company emerged from NorseLAB in 2014, focusing initially on the public sector and expanding its offerings to private enterprises thereafter. It has established a presence in several cities across Norway, Bulgaria, Sweden, and the United Kingdom. Documaster aims to reduce operational costs and improve workflows while ensuring that valuable records stored in legacy systems remain accessible for future use. By leveraging advanced technologies such as Natural Language Processing and Machine Learning, Documaster enhances the efficiency of knowledge workers and promotes better information governance.

Olink

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

Metry

Venture Round in 2019
Metry AB is a Swedish company founded in 2012, headquartered in Gothenburg, that specializes in energy data management. The company has developed a comprehensive platform that aggregates and organizes energy data from various sources, including utility companies and submetering systems. This platform serves as a global directory for energy users, suppliers, and service providers, allowing them to connect and share energy data effectively. Metry independently collects data on electricity, heat, cooling, gas, and water from over 100 utilities across Sweden, which it provides to major corporations and energy consumers. The platform supports the distribution of hourly data from more than 150,000 meters on behalf of utilities, enabling users to identify potential energy savings in buildings and businesses. Through a web-based API, Metry facilitates seamless integration with Building Energy Management Systems and other third-party energy applications, ultimately assisting users in optimizing energy consumption and enhancing sustainability efforts.

Lakers Holding

Acquisition in 2018
Lakers Group AS is a water pump service company based in Oslo, Norway, specializing in the maintenance, service, development, and technical consulting of pumps, pumping stations, and electrical motors. Founded in 2016, the company caters to private, municipal, and commercial clients across the country, focusing on sectors such as construction, infrastructure, industry, and building services. Lakers Group is characterized by its commitment to environmental issues and water management, combining entrepreneurial spirit with structured professionalism to enhance customer satisfaction and service quality. Additionally, the company offers a range of pumping products for its diverse clientele.

HyTest

Acquisition in 2018
HyTest Ltd. is a Finnish biotechnology company based in Turku, specializing in the manufacture of monoclonal antibodies and antigens for the diagnostic industry. Founded in 1994, the company develops high-quality immunological reagents for various clinical applications, including cardiac markers, infectious diseases, metabolic syndrome, and veterinary diagnostics. By providing a diverse range of products, such as monoclonal and polyclonal antibodies, sera, and plasma, HyTest enables clients in the In Vitro Diagnostic (IVD) sector to conduct accurate and reliable testing. The company is committed to expanding its offerings and maintaining high standards in the biotechnology field.

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.

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.

EcoOnline

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

EcoOnline

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

Pagero

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.

Lin Education

Acquisition in 2017
Lin Education is a Swedish education technology company established in 2007, initially focusing on the distribution of IT hardware such as computers, laptops, and tablets to schools across Sweden. Over the years, it has broadened its offerings to include digital content, training, and supplementary services aimed at enhancing the digital learning environment. The company's digital platforms and applications, along with its documentation tools and services, support schools, preschools, and municipalities in delivering education within a comprehensive digital ecosystem.

Sortera

Acquisition in 2016
Sortera is an environmental company based in Sweden, specializing in waste management and disposal services for both businesses and individuals. The company operates in three main areas: Recycling, Industry, and Trading. Sortera processes various types of heavy waste and offers services such as analysis, sampling, recycling, and waste treatment. By providing these services, Sortera helps clients across the Nordic Region create environmentally friendly spaces, supported by a team of skilled professionals. With its focus on construction and waste disposal, Sortera has established itself as a leading player in the sector.
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