Summa Equity

Summa Equity AB is a private equity firm established in 2016, specializing in middle market investments and buyouts primarily in Scandinavia. The firm is dedicated to sectors addressing resource scarcity, energy efficiency, changing demographics, and technology-enabled businesses, focusing on companies with strong niche positions that can leverage significant growth potential. With a target investment range of $10 million to $200 million, Summa Equity typically seeks to acquire a majority stake in its portfolio companies. The firm operates in the Nordic region, including Denmark, Finland, Iceland, Norway, and Sweden, and emphasizes the importance of responsible investing while aiming to create substantial financial value. Its thematic investment approach is supported by a team with extensive experience in the relevant markets, fostering the development of companies that meet the evolving needs of society.

Marius Bengston

Principal

Hans Cobben

Principal

Gisle Gluck Evensen

Partner

Matthias Fink

Partner

Martin Gjølme

Partner

Tim He

Partner

Jon Hindar

Principal

Johan Pietilä Holmner

Investment Manager

Reynir Indahl

Managing Partner

Hannah Jacobsen

Investment Manager

Joakim Sundby Johansen

Investment Manager

Benedicte Skjerve Jørgensen

Investment Associate

Jenny Keisu

Partner and Chief Operation Officer

Pekko Kolehmainen

Investment Associate

Mehdi Lahlou

Investment Associate

Silje Lambrechts

Investment Associate

Johannes Lien

Partner

Christian Melby

Chief Investment Officer & Partner

Peder Qvigstad

Investment Associate

Annette Roth

Investment Associate

Anna Ryrberg

Investment Manager

Sercan Samanci

Investment Associate

Sundeep Singh

Investment Manager

Sebastian Greve Sunde

Investment Manager

Rickard El Tarzi

Investment Manager

Tommi Unkuri

Partner

Michael Vollset

Director

Christoph Waer

Partner

Past deals in Norway

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.

Documaster

Venture Round in 2021
Documaster AS specializes in records and document management software solutions for private businesses and public organizations in Norway and internationally. Established in 2010 and headquartered in Oslo, the company provides a range of products, including Documaster for document storage and classification, Documaster API for integration with existing tools, a Decommissioning solution to consolidate legacy systems, and a Digitisation service to convert paper archives into digital formats. Originally spun off from NorseLAB in 2014, Documaster has developed a reputation for its information governance and archiving capabilities, serving over 450 government agencies. The company aims to streamline workflows, reduce costs, and enhance access to valuable records, utilizing advanced technologies such as Natural Language Processing, Machine Learning, and Graph Databases. With additional offices in Alesund, Sofia, Stockholm, London, and Trondheim, Documaster continues to expand its market presence and recruit skilled professionals globally.

Documaster

Venture Round in 2020
Documaster AS specializes in records and document management software solutions for private businesses and public organizations in Norway and internationally. Established in 2010 and headquartered in Oslo, the company provides a range of products, including Documaster for document storage and classification, Documaster API for integration with existing tools, a Decommissioning solution to consolidate legacy systems, and a Digitisation service to convert paper archives into digital formats. Originally spun off from NorseLAB in 2014, Documaster has developed a reputation for its information governance and archiving capabilities, serving over 450 government agencies. The company aims to streamline workflows, reduce costs, and enhance access to valuable records, utilizing advanced technologies such as Natural Language Processing, Machine Learning, and Graph Databases. With additional offices in Alesund, Sofia, Stockholm, London, and Trondheim, Documaster continues to expand its market presence and recruit skilled professionals globally.

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 specializes in records and document management software solutions for private businesses and public organizations in Norway and internationally. Established in 2010 and headquartered in Oslo, the company provides a range of products, including Documaster for document storage and classification, Documaster API for integration with existing tools, a Decommissioning solution to consolidate legacy systems, and a Digitisation service to convert paper archives into digital formats. Originally spun off from NorseLAB in 2014, Documaster has developed a reputation for its information governance and archiving capabilities, serving over 450 government agencies. The company aims to streamline workflows, reduce costs, and enhance access to valuable records, utilizing advanced technologies such as Natural Language Processing, Machine Learning, and Graph Databases. With additional offices in Alesund, Sofia, Stockholm, London, and Trondheim, Documaster continues to expand its market presence and recruit skilled professionals globally.

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.

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

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

EcoOnline

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