Verdane

Verdane is a private equity firm based in Oslo, Norway, established in 1985. It specializes in investing in Northern European companies with significant growth potential, primarily within the software, consumer internet, energy technology, and advanced industrial sectors. Verdane's investment strategy allows for both minority and majority stakes in individual companies or portfolios. The firm adopts an active-ownership approach, focusing on value-creating initiatives that foster top-line growth. By leveraging extensive networks, market intelligence, and sector expertise, Verdane supports its portfolio companies in achieving substantial revenue and EBITDA growth. Historically, companies backed by Verdane have experienced remarkable revenue growth, with an average of 23% among its core portfolio as of 2018. Verdane also emphasizes impact investments, particularly in the energy sector.

Endre Aamodt

Senior Associate

Daniel Ahlstrand

Partner

Jonathan Ahrens

Director

Paula Ruiz Azcue

Director

Erich Becker Ph.D

Partner

Bjorn Beckman

Investment Professional

Hampus Bergqvist

Senior Associate

Simon Betzler

Director

Nils Bouchet

Director

Max Carlsén

Principal

Tejas Choudhary

Director

Emilio Costa

Senior Associate

Andreas Daae

Principal, Head of Capital Markets

Frida Einarson

Partner

Axel Elmqvist

Director

Eline Stokstad Fjell

Principal

Gustav Friberg

Senior Associate

Julia Gerken

Director

Maroje Guertl

Principal

Arne Handeland

Partner

Katja Hengstermann

Principal, Investments

Miriam von Hertzen

Senior Associate

Henriette Hessen

Senior Associate

Janne Holmia

Partner

Emanuel Johnsson

Investment Professional

Ralph Karg

Director

Maximilian Kempken

Director

Joakim Kjemperud

Principal

Henrik Klobut

Director

Viktor Kovalev

Director

Ellen Köhler

CFO, Elevate

Gregor Leshel

Senior Associate

Bixi Li

Director

Bjarne Kveim Lie

Managing Partner

Seloua Louzani

Director

Pal Malmros

Partner

Wilhelm Meyer

Senior Associate

Iikka Moilanen

Principal

Staffan Morndal

Partner

Per Nordlander

Partner

Cecilia Nytorp

Investment Professional

Ask Nørgaard

Senior Associate

Christopher Parmo

COO

Miikka Patteri

Director

Camilla Skiffard Pedersen

Senior Associate

Merle Price

Director

Johanna Rydén

Director

Moritz Schmidt

Senior Associate

Christina Schrettle

Director

Dominik Schwarz

Partner

Reed Snyder

Principal

Sebastian Stierncreutz

Senior Associate

Mads Stærmose

Senior Associate

Helena Svancar

Partner

Fredrika Svanholm

Senior Associate

Nadia Söderling

Senior Associate

Hendrik Wildhagen

Director

Sebastian Wintgens

Principal

Past deals in Finland

EVA Global

Private Equity Round in 2022
EVA and its Brands operate in Europe where it provides Customer Experience and Infrastructure Management services to Charge Point Operators and Network Owners. Our CX Excellence Centre resolves more than 150,000 cases a year, truly enabling the transition to electric vehicles by building trust and delivering outstanding customer experiences, one driver at a time. EVA is trusted by the most innovative utility and energy companies, both large and small. By integrating with their charging management software, we are able to solve customer cases at the first moment of truth. We offer a robust, proven, modular platform that offers customer support, network operations, payment services, and our most complete solution: charging-as-a-service.

Swappie

Series C in 2022
Swappie.com is a safe and secure online store for refurbished smartphones where you can order affordable smartphones directly from our store, which have been tested and refurbished using the newest technology. Swappie refurbishes iPhones to the highest standards using the latest technology and reduces environmental waste. The company operates its own refurbishment factory in the Nordics and sells directly to consumers via its online store. All devices are fully inspected by Swappie’s professional technicians and every phone sold comes with a 12-month Swappie Warranty™.

Auntie

Funding Round in 2021
Auntie serves companies and public administration customers.Their service packages improve employee satisfaction and business competitiveness. Their goal is balanced, productive and happy people! Call or send a message to let us know more about our prices and contract models.

Wistec

Acquisition in 2021
Wistec Training is a specialized house for your staff's development of ICT skills and ways of working. Their 12-member team and partner network ensure high-quality training and consulting services with 20 years of experience. They believe that new know-how must also be transformed into more effective ways of working. They will ensure that the skills gained in the training become a day-to-day operation that fulfills the goals set for ICT investment. Their service combines technology, management, superiors and staffing into a knowledgeable team.

Eduhouse

Acquisition in 2021
Eduhouse is a Finnish educational organization that focuses on innovative learning solutions for busy professionals. Established in 2002, the company transitioned to an online training model in 2016, moving away from traditional educational methods. Eduhouse specializes in providing comprehensive training content in areas such as financial and payroll management, human resources, and leadership development. By prioritizing digitalization and competence development, Eduhouse aims to equip clients with the necessary skills to advance their careers at their convenience, making education more accessible and adaptable to the needs of modern professionals.

Fiksu Ruoka Oy

Funding Round in 2021
Fiksu Ruoka Oy is an online grocery retailer based in Espoo, Finland, founded in 2016. The company specializes in offering a wide range of affordable food and household goods, including shelf-stable items, through its online platform. Fiksu Ruoka aims to reduce food waste by sourcing surplus groceries from various suppliers, including food producers, importers, distributors, and wholesalers, and selling them at discounted prices to consumers and businesses. This approach not only provides an economical option for customers but also promotes environmentally friendly shopping practices. The company's expertise in data and analytics supports its efforts in procurement, pricing, and optimizing digital marketing strategies.

Fiksu Ruoka Oy

Venture Round in 2021
Fiksu Ruoka Oy is an online grocery retailer based in Espoo, Finland, founded in 2016. The company specializes in offering a wide range of affordable food and household goods, including shelf-stable items, through its online platform. Fiksu Ruoka aims to reduce food waste by sourcing surplus groceries from various suppliers, including food producers, importers, distributors, and wholesalers, and selling them at discounted prices to consumers and businesses. This approach not only provides an economical option for customers but also promotes environmentally friendly shopping practices. The company's expertise in data and analytics supports its efforts in procurement, pricing, and optimizing digital marketing strategies.

Evondos

Venture Round in 2020
Evondos Oy is a Finnish company that develops and manufactures an automatic medicine dispensing service designed for individuals with chronic conditions, dementia, or the elderly receiving home care. Founded in 2008 and based in Salo, the service combines a medicine dispensing robot with a Telecare System, allowing for automated dose dispensing provided by pharmacies. This technology guides clients in taking their medications at the appropriate times, significantly enhancing their wellbeing and independence. Additionally, Evondos's solution improves communication between clients and caregivers, facilitating a reform in home care practices while allowing caregivers to dedicate more time to direct interactions with clients.

HappyOrNot

Series B in 2019
HappyOrNot Ltd. is a Finnish company founded in 2009 that specializes in customer and employee satisfaction analytics through its innovative feedback solutions. The company is known for its 'Smiley' feedback system, which includes devices such as the Smiley Terminal, Smiley Touch, Web Smileys, and Smiley Wall. These tools are designed to capture customer satisfaction data across various sectors, including retail, transportation, services, and healthcare. With over 25,000 Smiley Terminals installed globally, HappyOrNot serves more than 4,000 clients across 117 countries, providing actionable insights that enable organizations to enhance their services based on direct customer and employee feedback. The company, headquartered in Tampere, Finland, has amassed nearly a billion responses, allowing clients to measure and improve their service quality effectively.

Basware - Financial Performance Services and Banking Businesses

Acquisition in 2018
Basware - Financial Performance Services and Banking Businesses provides the banking, financial consolidation and reporting reporting solutions in response to customer needs in Finland and in new markets.

Vaadin

Venture Round in 2016
Vaadin provides an components and tools for developing creating business oriented single page web applications with that run on any mobile device or desktop browser. Vaadin Framework allows building compelling HTML5 based user interfaces with established Java platform and tooling. It reduces complexity by removing need to program the web and the communication layers. Vaadin Elements build on top of Google Polymer, providing web components for front-end developers. Company supports the open source core products with commercial add-on components, tools, support and services. With over 150,000 developers, Vaadin Framework is one of the most popular web frameworks for building business applications on Java platform. It is used by some of the largest enterprises and public organizations around the world.

Eniram

Acquisition in 2014
Eniram Ltd. specializes in maritime energy management systems designed for the shipping industry, focusing on reducing fuel consumption and emissions. The company offers a range of products, including the Eniram Vessel Platform, which collects real-time data on vessel performance and fuel usage, and various optimization tools such as the Dynamic Trimming Assistant, Optimum Speed Assistant, and Engine Load Assistant. Additionally, Eniram provides the Vessel Performance Manager for crew analysis of energy efficiency, the Fleet Performance Manager for onshore monitoring, and Eniram Engine, which assists engineers in selecting the most efficient engine combinations and fuel types. The company's analytics services examine factors such as hull fouling and dry-dock impacts to enhance fuel savings. Eniram’s solutions are utilized across various vessel types, including cruise ships, ferries, container ships, tankers, bulkers, and LNG vessels. Founded in 2005 and headquartered in Helsinki, Finland, Eniram has expanded its operations with offices in Singapore, the United States, Germany, and the United Kingdom, and it has been a subsidiary of Wärtsilä since July 2016.

Ferd

Acquisition in 2014
Ferd Capital is a private equity and venture capital firm based in Oslo, Norway, with an additional office in Lysaker. As a subsidiary of Ferd AS, it specializes in various investment strategies, including late-stage growth capital, buyouts, and turnaround investments across a wide range of industries, such as energy, technology, and healthcare. The firm targets investments in companies based primarily in Norway and the broader Scandinavian region, focusing on those with enterprise values between $100 million and $300 million. Ferd Capital typically invests between $50 million and $150 million to acquire significant ownership stakes, often seeking majority control and board representation. The firm operates with flexibility in its investment approach, allowing it to engage with both mature companies needing restructuring and emerging businesses seeking growth capital. As a long-term and active investor, Ferd Capital aims to enhance the value of its portfolio companies while adhering to its established value platform.

CRF Health

Acquisition in 2013
CRF Health specializes in developing electronic clinical outcome assessment (eCOA) solutions for clinical trials across various therapeutic areas and patient populations. The company offers a range of products, including Patient Reported Outcomes, Observer Reported Outcomes, and Clinician or Rater Reported Outcomes. Key offerings include TrialMax Touch, a handheld diary for patient use, TrialMax Slate for clinicians at study sites, and TrialMax Web for late-phase trials. Additionally, CRF Health provides TrialStudio for questionnaire design, TrialManager for data visibility, and integration solutions with medical devices and eClinical systems. The company's services encompass project management, data management, and patient support, targeting studies in central nervous system, gastrointestinal, and infectious diseases, among others. Founded in 2000 and headquartered in Plymouth Meeting, Pennsylvania, CRF Health operates in multiple countries, including the United States, the United Kingdom, Finland, and Romania.

Lahti Precision

Acquisition in 2012
Lahti Precision’s mission is to solve the needs of its customers’ bulk material handling in the best possible way. Their customers operate in a large variety of process industries in Finland, as well as in the glass industry and the plaster and mortar industry around the world. Their solutions are based on in-depth expertise in dosing, weighing, mixing and bulk material handling. They invest in a world-class customer experience, the highest quality products and environmentally friendly solutions.

MediSapiens

Venture Round in 2011
MediSapiens is the world’s first software company for personalized cancer medicine in oncology clinics and new drug development. Company’s bioinformatics science and peer-reviewed data is based on the research since 2005 by VTT, Technical Research Centre of Finland and its collaborators. Company's online genomics data enables scientists to understand the role of human genes in health and disease – helping oncologists in choosing optimal treatments and biopharmaceutical companies in developing next generation personalized medicines.

Wireless Maingate AB

Acquisition in 2008
Founded in 1998, Wireless Maingate AB is an ICT company, providing M2M Connectivity and Data Management services to customers around Europe. They are a trusted partner to more than 500 customers, including leading utilities such as EON, Fortum and Vattenfall. They work closely with leading technology partners such as Giesecke & Devrient, Oberthur, Schneider Electric, Kamstrup, Telia, and Tele2. Today they connect more than 55% of all smart meters in Sweden, 20% of all smart meters in Finland, 70% of the Point-of-Sale terminals in Sweden and 40% of all residential alarms in Sweden. Maingate is a portfolio company in the Nordic private equity fund Verdane Capital VI.
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