FSN Capital

FSN Capital is a Nordic private equity investment firm established in 1999 and based in Oslo, Norway, with regional offices in Sweden, Germany, and Denmark. The firm focuses on the middle-market segment and seeks to invest in growth-stage companies across various sectors, including commercial products, transportation, healthcare products, information technology, and consumer goods. FSN Capital is known for its long-term investment approach, supported by Nordic and international institutions that provide sustainable capital. This patient funding enables FSN Capital to implement transformative initiatives aimed at enhancing the competitiveness and profitability of its portfolio companies during the investment period. The firm emphasizes environmental, social, and governance (ESG) criteria in its investment strategies, aligning with contemporary standards for responsible investing.

Andreas Damgaard

Investment Associate

Lars Denkov

Partner

Nikolai Doepel

Investment Associate

Talitha Eber

Investment Director

Marcus Egelstig

Principal

Debbie Fellmerk

Investment Manager

Kristina Wirén González

Investment Manager

Maria Grøner

Investment Manager

Moritz Hafner

Principal

Nicholas Hjorth

Principal

Line Hjorth-Christensen

Investment Associate

Jesper Isaksen

Partner

Joar Jansson

Investment Manager

Christian Jelsbech

Investment Manager

Adeline Jennische

Principal

Mike Joseph

Investment Associate

Justin Kent

Partner

Eskil Koffeld

Partner

Simon Larsson

Principal

Severin Loos

Investment Director

Moritz Madlener

Investment Manager

Robin Mürer

Co-Managing Partner

Erik Nelson

Partner

Clemens Plainer

Investment Director

Ulrik Smith

Co-Managing Partner

Barbara Stolz

Investment Manager

Frode Strand-Nielsen

Founder and Managing Partner

Kasper Sørensen

Principal

Marie-Christine Volkert

Investment Associate

Eirik Hjeltnes Wabø

Investment Director

Maximilian Weimann

Investment Manager

Marcus Wintersø

Investment Director

Stephan Zogbaum

Investment Associate

Past deals in Denmark

Saferoad

Acquisition in 2018
Saferoad Holding AS specializes in designing, manufacturing, and selling road safety and infrastructure products across Northern, Central, and Eastern Europe. The company's extensive product range includes road restraint systems such as guardrails and pedestrian guardrails, as well as traffic signs, lighting columns, road markings, and noise protection solutions. In addition to these, Saferoad offers various infrastructure solutions like soil steel bridges, pipes, culverts, geosynthetics, and water and sewage systems. Established in 1947 and headquartered in Oslo, Norway, Saferoad has expanded its operations with offices in several countries, including the Czech Republic, Denmark, Germany, Italy, and the United Kingdom. The company was formerly known as Cidron Triangle AS before rebranding in May 2017.

Gram Equipment

Acquisition in 2017
Gram Equipment A/S is a leading manufacturer and supplier of equipment and solutions for the ice cream industry, based in Kolding, Denmark, with additional offices in Aarhus, New Jersey, and Shanghai. The company provides a comprehensive range of products including molding, extrusion, filling, wrapping, and packing equipment, along with freezers and ingredient feeders. Their offerings cater to the production of various ice cream products such as stick ice, ice pops, cones, sandwiches, and bulk ice creams. Additionally, Gram Equipment supports its clients with maintenance and repair services, as well as spare parts supply. The company gained prominence in the global market after acquiring Waukesha/Cherry Burrel in 2014, enhancing its ability to deliver high-quality products and services. With a strong network of agents worldwide, Gram Equipment continues to be a key player in the industrial ice production sector.

bygghemma

Acquisition in 2016
Bygghemma.se is the leading online retailer of do-it-yourself, and building supplies. Since the launch of bygghemma.se in Sweden in 2006, the company has rapidly grown into a builders' merchant with 10 online stores and six stores in the Nordic region. Our mission is to market a wide range of building products online at competitive prices with home delivery. Our target group is mainly individuals who want to buy building supplies from famous brands at attractive prices. In Construction Home Group has around 250 employees in 8 offices in Sweden, Norway, Denmark and Finland. Build Home Group had sales in 2015 of SEK 2 billion and is owned by the investment company Nordstjernan. The group's headquarters are located in Malmö. Welcome to one of the group's stores in Sweden: bygghemma.se, golvshop.se, badshop.se, linoleumkompaniet.se, trademax.se and chilli.se, Finland: taloon.com, netrauta.com, talotarvike.com and TradeMax. fi, Norway: bygghjemme.no and trademax.no, Denmark: byghjemme.dk, frishop.dk and trademax.dk.

Netcompany

Acquisition in 2015
Netcompany is a successful, Danish, business-oriented IT consulting company with approx. 400 employees in offices in Copenhagen, Aarhus and Aalborg. We provide business-critical IT solutions and advice that helps our clients achieve significant business benefits and efficiency by utilizing the latest technology. Our focus areas are business applications, portals, system integration, system management and operation. At Netcompany we combine professional craftsmanship with speed and flexibility. Our broad IT technical, methodical and business skills to ensure that IT solutions are technically sound, organizational anchored and deliver the desired economic results.

Fitness World AS

Acquisition in 2015
Fitness World A/S is a fitness club operator based in Rødovre, Denmark, managing over 100 fitness centers across Ireland. Founded in 2000, the company offers a range of services including personal training, group training, and nutritional counseling. In addition to its physical locations, Fitness World A/S provides training through an application software, enhancing the fitness experience for its members. The company was formerly known as FITNESS WORLD HOLDING ApS until it rebranded in May 2008. As of January 2020, Fitness World A/S operates as a subsidiary of Pure Gym Limited.

EET Europarts

Acquisition in 2015
EET Europarts is Europe´s largest distributor of video surveillance, spare parts and accessories for computers, printers and mobile phones. Their core business is concentrated on eight product divisions: - Server, Computer & Printer Parts - Mobile Parts & Accessories - Home Entertainment & Lifestyle Electronics - Surveillance & Security - Professional AV & Digital Signage - Point of Sale & Auto-ID - Network & KVM - Logistical Services They distribute a large number of leading brands in these product areas. More than 1,000,000 product numbers distributed over more than 700 different brands are represented in the range, including: HP, Lexmark, IBM, Lenovo, Dell, Xerox, Synology, eSTUFF, Incipio, Sandberg, Ernitec, Axis, Milestone, Bosch, Hikvision, NEC, VivoLink, Evoko, SMS, Kramer, Promethean, DataPath, Zebra, Epson Aures, Honeywell, Datalogic, Datamax-O'Neil, Capture, B&O Play, Loewe, Clint, Max, knomo, Samsonite, Sony, Panasonic, Sony Netatmo, Tado and many others. EET Europarts is part of the EET Group, founded in 1986, and today one of Europe's leading IT, monitoring & security solutions distributors and home entertainment and Lifestyle Electronics, with 32 sales offices in 25 countries across Europe and Africa. The Group employs almost 500 people, serves more than 43,000 dealers and manages more than 1,000,000 deliveries per year. EET Group is headquartered in Birkerød and logistics center in Ballerup.

Skamol

Acquisition in 2012
Skamol A/S develops, manufactures, and markets thermal insulating materials for heat-intensive industries and passive fire protection. The company provides bricks and blocks, insulating boards, fire protection boards, insulating mortar, and loose-fill insulation; moler insulating bricks, customized shapes and panels, insulating aggregates, and refractory products; and passive fire protection and mould prevention products, which include materials for lightweight fire doors, and cladding of beams and columns, as well as ventilation and cable ducts.

HusCompagniet

Acquisition in 2011
HusCompagniet A/S is a prominent house builder based in Horsens, Denmark, specializing in the development of single-family detached houses. Established in 2015, the company designs, sells, and delivers customizable homes primarily built on-site on customer-owned land, alongside semi-detached houses for consumers and professional investors. Furthermore, HusCompagniet produces prefabricated wood-framed detached houses under the VårgårdaHus brand in Sweden. It has gained a significant market share in Denmark, becoming three times larger than its nearest competitor, and is also expanding in Germany and Sweden. The company achieved notable growth, delivering over 1,000 houses in 2014 and generating revenue from DKK 1.2 billion in 2011 to DKK 1.8 billion in 2014. With a workforce of 230 employees, HusCompagniet has been recognized as House Builder of the Year in Denmark for three consecutive years, underscoring its commitment to quality and value in the housing market.

Jamo

Acquisition in 2001
Jamo, the largest European producer of loudspeaker systems and home theatre solutions.
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