Verdane

Verdane is a venture capital and private equity firm established in 1985, focused on investing in Northern European companies with significant growth potential. The firm targets sectors such as software, consumer internet, energy technology, and advanced industrials, and can take either minority or majority positions in its investments. Verdane employs an active-ownership model, providing portfolio companies with access to extensive networks, market intelligence, and sector expertise to foster top-line growth. Historically, companies in its portfolio have experienced substantial revenue and EBITDA growth. Verdane also manages diversified funds that emphasize impact investing, particularly in the energy sector, and engages in secondary investments aimed at digitalization. The firm is based in Oslo, Norway, and operates across Denmark, Norway, Finland, and Sweden.

Daniel Ahlstrand

Investment Professional

Erling Amble

Senior Associate

Paula Ruiz Azcue

Associate

Björn Beckman

Investment Professional

Parham Benisi

Investment Professional

Simon Betzler

Senior Associate

Liv Ingeborg Blekkerud

Chief Financial Officer

Nils Bouchet

Director

Max Carlsén

Investment Professional

Emilio Costa

Investment professional

Andreas Daae

Investment Professional

Frida Einarson

Partner

Magnus Ekqvist

Investment Manager

Eline Stokstad Fjell

Director

Gustav Friberg

Associate

Hampus Frisén

Director

Julia Gerken

Senior Associate

Jakob Greger Gravdal

Investment Professional

Maroje Guertl

Principal

Arne Handeland

Partner

Christian Jebsen

Partner

Emanuel Johnsson

Partner

Karin Kans

Director

Maximilian Kempken

Director

Joakim Kjemperud

Principal

Henrik Klobut

Director

Emilia Lassas

Senior Associate

Bjarne K. Lie

Managing Partner

Pål Malmros

Partner

Wilhelm Meyer

Associate

Iikka Moilanen

Investment Professional

Staffan Mörndal

Partner

Birger Nergaard

Founder

David Nielsen

Senior Associate

Per Nordlander

Partner

Cecilia Nytorp

Investment Professional

Erik Osmundsen

PartnerPartner

Christopher Parmo

Chief Operating Officer

Miikka Patteri

Associate

Camilla Skiffard Pedersen

Associate

Johnny Rindahl

Partner

Tomas Rosales

Investment Professional

Johanna Rydén

Senior Associate

Henrik Sagosen Smeby

Associate

Reed Snyder

Director

Sebastian Stierncreutz

Associate

Göran Strandberg

Partner

Fredrika Svanholm

Associate

Atle Søvik

Partner

Anni Tuulos

Director

Anders Vinther-Antonsen

Senior Associate

Nils Vold

Partner

Hendrik Wildhagen

Director

Maggie Yang

Analyst

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 with a huge hunger to grow and develop. Although we operate in the traditional field, we are anything but a traditional educational entity. The cornerstones of our operations are digitalization and competence development. We have been working on competence development since 2002. Our operations changed their heads in 2016 when we moved our operations online and started offering online training instead of traditional training.

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.

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.

Eniram

Acquisition in 2014
Eniram Ltd. provides maritime energy management systems for the shipping industry. It offers Eniram Vessel Platform, a real-time data collection platform that measures vessel performance and fuel consumption; Dynamic Trimming Assistant, a system used for maintaining optimum trim; Optimum Speed Assistant, a speed optimization solution; and Engine Load Assistant, a system that balances the required engine load for multiple engines helps to enable fuel savings. The company also provides Vessel Performance Manager, a solution that helps vessel’s crew analyze and track energy efficiency of the vessel; Fleet Performance Manager, a system that enables onshore monitoring and management of vessel performance for optimizing fuel efficiency; Eniram Engine, a tool for TFDE LNG carriers' engineers and officers that suggests optimal engine combination and fuel types for the prevailing conditions in order to save fuel; and Eniram analytics services that include vessel performance data analysis to save fuel, including hull fouling, dry-dock impacts, hull-ageing, and custom analysis. Its products are used in cruise ships, ferries, container ships, tankers, bulkers, and LNG vessels. Eniram Ltd. was founded in 2005 and is based in Helsinki, Finland. It has additional offices in Singapore, the United States, Germany, and the United Kingdom. As of July 1, 2016, Eniram Ltd. operates as a subsidiary of Wärtsilä Oyj Abp.

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.