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.
Developer of anti-money laundering (AML), know-your-customer (KYC) and authentication workflow software intended for accounting, legal, financial services and real estate industries. The company's digital platform helps the regulatory industries to manage their whole AML process in one workflow from onboarding new customers, including all necessary data controls, to continuous monitoring and live checks of ongoing business relations, enabling businesses to improve efficiency.
Release operates in the mobile phone re-commerce market, providing an online marketplace for customers to sell or rent their used phones at competitive prices. The company's platform offers subscription-based mobile rental services that include mobile data, protective covers, and glass. This service is designed to benefit both small and medium-sized businesses and private consumers by offering affordable access to mobile devices and subscriptions.
TOPRO Industri specializes in the manufacturing of mechanical and electronic components, serving several of Norway's largest industrial companies. Additionally, the company produces mobility aids designed for patients with various medical conditions. Its product range includes rollators, walkers, access and support handles, and rise and recline chairs. These offerings aim to enhance users' security, independence, dignity, and overall quality of life.
Instabox AB, based in Stockholm, Sweden, provides a freight forwarding and shipping service tailored for e-commerce retailers. The company specializes in same-day delivery through a network of smart delivery lockers located in Sweden, Norway, and Denmark. Instabox Express allows customers to receive their packages from various online stores directly to these lockers, ensuring convenience and efficiency. The service reaches approximately six million consumers in Sweden, partnering with notable retailers such as H&M and Ikea. Instabox has experienced significant growth, reportedly tripling its volume annually in recent years. Its platform also offers a user-friendly software solution that enables customers to schedule pickups and deliveries directly from their smartphones, enhancing the overall logistics experience.
Confirmit AS, founded in 1996 and headquartered in Oslo, Norway, specializes in online survey technology software solutions for customer feedback, employee engagement, and market research. The company provides a comprehensive suite of products, including Confirmit Horizons, a multi-channel platform for managing various feedback programs; Confirmit SmartHub, which centralizes feedback analysis; and Confirmit Genius, a tool for tracking issues via social media. Additionally, Confirmit Action Management aids in problem resolution and customer follow-up. Its offerings encompass survey design, panel management, data processing, and reporting, catering to diverse industries such as finance, insurance, and retail. With over 200 employees and offices in several global cities, Confirmit serves a clientele primarily composed of Global 5000 companies and market research agencies, emphasizing innovative and scalable solutions to meet their evolving needs. The company also engages in partnerships to enhance its service delivery.
Porterbuddy is a logistics technology platform based in Oslo, Norway, specializing in last-mile delivery services. The company offers a customer-centric solution that enables same-day delivery for online orders. Utilizing a smart route planner algorithm, Porterbuddy consolidates orders and optimizes infrastructure use, enhancing efficiency in the delivery process. The platform integrates directly into online shopping and checkout systems, providing a seamless experience for both retailers and consumers. This approach not only saves valuable time but also promotes greener delivery options, making it a convenient choice for modern online shopping.
Blush is an online retailer based in Vaxjo, Sweden, specializing in beauty and wellness products. The company offers a wide range of items, including makeup, skin creams, hair care products, perfumes, and accessories such as sunglasses and watches. Blush features both established brands and exciting newcomers, catering to customers seeking quality at affordable prices. As a prominent player in Norway's beauty and wellness market, Blush aims to provide a convenient shopping experience for those looking to pamper themselves and enhance their personal care routines.
Bildeler.no operates an online retailer of auto parts. The company’s store, sales and procurement are located at Lierskogen, between Drammen and Oslo. After the transaction, Verdane and Canica will together own 90 percent of Bildeler.no
Sixbondstreet is an online retailer of exclusive furniture and decorative items.sixbondstreet with international impulses and a desire to deliver the little extra in furniture and interior design.
Webcruiter is a recruitment solutions provider based in Oslo, Norway. With a dedicated team of 35 employees, the company serves approximately 1,400 clients, ranging from small local businesses to large international corporations across both public and private sectors. Its platform facilitates various HR functions, including GDPR compliance, payroll management, competence tracking, case handling, archiving, and training. This comprehensive suite of services is designed to assist recruiters and executives in effectively identifying and securing top talent for their organizations.
Penetrace AS is a provider of marketing intelligence tools designed to enhance the performance of marketing campaigns both in Norway and internationally. Founded in 2006 and based in Oslo, the company offers solutions such as the Penetrace Campaign Monitor, which collects data to assess campaign activities, and Penelytics, a dashboard tool that evaluates the long-term effectiveness of marketing investments. The platform enables users to identify effective creative concepts, optimize media spending, and foster customer loyalty by measuring the effectiveness of both offline and online marketing efforts. Through its innovative approach, Penetrace supports businesses in transitioning to a more data-driven, cloud-based marketing environment.
Zisson AS, founded in 2006 and based in Oslo, Norway, specializes in developing cloud-based switchboard solutions and communication center software. The company focuses on providing innovative tools that enhance communication and operational efficiency for businesses. Through its cloud technology, Zisson aims to streamline communication processes, making it easier for organizations to manage their customer interactions and improve overall service delivery.
Mustad is a best- selling hook-brand on the planet and has a presence in more than 160 countries. Mustad products cover any discipline of sport and commercial fishing, industrial as well as traditional fishing.
Boostcom AS is a prominent proptech company specializing in software solutions for the shopping center industry. Founded in 2000 and headquartered in Oslo, Norway, the company serves over 100 shopping centers worldwide through its innovative platform, The Mall Performance Cloud. This platform integrates various digital touchpoints within shopping malls, offering services such as data management, audience management, marketing automation, advanced analytics, and mobile applications. Boostcom's technology assists shopping centers in enhancing customer engagement and increasing sales, particularly through loyalty schemes and integrated advertising solutions. With offices across Europe, the USA, Dubai, and Hong Kong, Boostcom is backed by venture and private equity funds, allowing for continuous expansion and product development. The company is committed to delivering measurable results to its clients, ensuring that its solutions align with their goals of improving sales and customer experiences.
Lingit develops multilingual literacy support software specifically designed to assist individuals with dyslexia. The company's software enhances reading and writing capabilities by providing tools that aid in spelling, vocabulary, and text processing on computers and tablets. By focusing on the unique challenges faced by those with dyslexia, Lingit enables users to minimize reading and writing errors, thereby improving their overall literacy skills.
Novelda AS is a semiconductor company based in Kviteseid, Norway, that specializes in ultra wideband (UWB) technology. Established in 2004, the company develops components and application-specific integrated circuits for high-resolution impulse radar and short-range communications. Novelda's product offerings include the Novelda R1, a hand-held UWB radar evaluation system that analyzes reflections from electromagnetic pulses to provide three-dimensional information about surrounding objects, including their distance and velocity. Additionally, the company provides CMOS impulse radar transceiver development kits and antennas, catering to various applications such as low-power wireless communication, radio frequency identification, and radar systems. Novelda's technology is particularly noted for its use in medical and industrial high-precision sensors, as well as wireless healthcare applications, and is recognized for its effectiveness in Human Presence Detection, enhancing user experience and security in consumer electronics while promoting energy efficiency in building automation.
Founded in 1998, Trivec is a national Swedish company that supplies hotels and restaurants with the latest, cutting-edge technology.They provide personalized soft-and hardware solutions tailored to their clients demands on a need-to-need basis. As the market-leading firm in Scandinavia, the company has increased its revenue annually, and has a yearly profit of € 8,5 million. Thus, Trivec with their 26 motivated employees has expanded their outreach and is now operating in Sweden, Norway, Denmark, Spain and Hong Kong. With more than 1500 references in the Scandinavian market Trivec has put its mark on the hospitality and leisure market and are ready to continue the trend of the past years.
Oda, formerly known as Kolonial.no AS, is Norway's leading online grocery retailer, founded in 2013 and headquartered in Oslo. The company specializes in delivering a wide range of grocery items directly to consumers' homes or to designated collection points. Its extensive product offerings include fresh fruits and vegetables, dairy products, meat, seafood, baked goods, beverages, snacks, and various household essentials. Oda emphasizes a data-driven approach to retail, focusing on sustainability throughout its operations to create an efficient grocery delivery system. With its commitment to convenience and quality, Oda serves millions of customers across Norway.
MM Sports is one of the largest players in the Nordics in nutrition supplements. Its broad product range includes clothing and high quality supplements. MM Sports focuses on competitive prices, high quality, service and speedy deliveries.
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.
Aptomar is a leading provider of Integrated Field Monitoring sensors, systems and services for the oil and gas industry. The company focuses on protecting the safety and integrity of people, the environment and assets by managing; 24/7 oil spill detection and combating, surveillance and security as well as search and rescue in close cooperation with Industry. Aptomar is located in Trondheim, Norway, with further offices in Houston, USA, and Rio de Janeiro, Brazil. Using proprietary technology and commercially available sensors, Aptomar merges remotely monitored sensor data into a single display, and distributes it to create a real time common operating picture. Experienced operators interpret the combined sensor data and intervene when necessary to alert and support the offshore operator in case of incident. In 2014– as a response to numerous oil companies who want the industry to take a broader, more systematic approach to field monitoring – Aptomar established a new maritime control center in Trondheim, Norway. The center is called Aptomarin. Aptomarin combines 24/7 competence and monitoring capacity, with robust detection and an efficient and controlled emergency response management. Aptomarin consists of master mariners and professionals with extensive maritime and nautical competence.
Troux Technologies, Inc. specializes in strategic information technology planning and control software tailored for enterprises and government agencies across North America, Europe, and the Pacific Rim. Founded in 2001 and headquartered in Austin, Texas, the company focuses on providing solutions that support strategic transformation initiatives and enhance enterprise architecture capabilities. Its offerings include software tools for information aggregation, data quality management, and collaborative modeling, which aid in business process analysis and decision-making. Key products such as Troux 8, Troux Alignment, and Troux Optimization help organizations restructure costs, address business-IT disconnects, and eliminate redundant IT spending. Troux serves a diverse clientele, including business and IT executives, portfolio planners, and governance stakeholders, and maintains strategic partnerships with firms like Accenture and Teradata. The company also has additional locations in Virginia, the United Kingdom, Germany, Norway, and New Zealand.
Exie AS is a software company based in Oslo, Norway, specializing in performance management software for both public and private sectors. Founded in 1997, Exie offers solutions designed to support the implementation of business strategies across a variety of domains, including senior management, public sector operations, resource management, and supplier intelligence. The company's software addresses diverse performance management needs, encompassing financial, corporate, sales, logistics, and human resource functions. Through its comprehensive programmes, Exie aims to enhance operational efficiency and decision-making for its clients.
Colibria specializes in providing scalable solutions for mobile instant messaging, real-time social networking, and value-added content services. The company focuses on ensuring interoperability between various devices, platforms, and operators, which is critical for seamless communication. Colibria's Instant Messaging and Presence (IMPS and SIP/IMS) services are recognized as the standard for interoperability testing, contributing to the development of global communication standards. Its clientele includes a range of operators and service providers worldwide, such as Telefonica, TMN Portugal, Telia Sonera, and Maxis, who seek to leverage the benefits of mobile instant messaging. Colibria collaborates with several industry partners, including Acision, Alcatel-Lucent, Ericsson, and Motorola, to advance mobile instant messaging technologies.
Manufacturer of waste incinerators and stripping ejectors designed for the marine and offshore industry. The company's products include incinerators and ejectors as well as provide services such as machining and casting, thereby serving maritime and offshore customers.
MaXware AS, an independent software vendor, provides identity management products and services that support the life cycle of digital identities. Its solutions include access and password management, identity administration, provisioning, and directory services and federation, as well as auditing, reporting, logging, and monitoring of systems. The company's products include Identity Center that optimizes the lifecycle management of users and resources; Data Synchronization Engine, a solution for handling, synchronizing, converting, and joining data to and from data repository; ExpresSync, a one-to-one data synchronization tool that enables enterprises to manage identity integration; Virtual Directory, which provides a single access point to various data sources; Federation Server that integrates virtual directory and federation technology into a solution with a single management interface; and Directory Explorer, a plug-in for Windows Explorer and integrated into Microsoft Outlook for providing access to the configured directory servers. It serves telecom, defense, government, and financial organizations. MaXware AS was founded in 1989 and is based in Trondheim, Norway. As of May 21, 2007, MaXware AS is a subsidiary of SAP AG.
Troux Technologies, Inc. specializes in strategic information technology planning and control software tailored for enterprises and government agencies across North America, Europe, and the Pacific Rim. Founded in 2001 and headquartered in Austin, Texas, the company focuses on providing solutions that support strategic transformation initiatives and enhance enterprise architecture capabilities. Its offerings include software tools for information aggregation, data quality management, and collaborative modeling, which aid in business process analysis and decision-making. Key products such as Troux 8, Troux Alignment, and Troux Optimization help organizations restructure costs, address business-IT disconnects, and eliminate redundant IT spending. Troux serves a diverse clientele, including business and IT executives, portfolio planners, and governance stakeholders, and maintains strategic partnerships with firms like Accenture and Teradata. The company also has additional locations in Virginia, the United Kingdom, Germany, Norway, and New Zealand.
Reslink
Acquisition in 2003
Reslink Corporation, a engineering and manufacturing company, engages in the development and supply of open-hole and cased hole completion solutions to the oil and gas industry in Europe, North America, the Middle East, Africa, Pacific Asia, and internationally.
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