OX2 is a renewable energy company that develops, constructs, and operates solar and wind farms, along with energy storage solutions. It manages projects across Europe, including Sweden, Finland, Poland, France, Lithuania, Norway, Spain, Italy, Estonia, and Romania.
Saur SAS
Acquisition in 2023
Founded in 1933, the Saur Group is the third largest player in the French water distribution and waste water management market. In addition to its core activity, the company has also developed into municipal waste collection and treatment, and also certain ancillary services to local authorities.
Storytel is a leading provider of audiobook and e-book streaming services, offering unlimited access to a diverse range of titles across more than 20 markets. Founded in 2005 and headquartered in Sweden, the company operates under the Storytel and Mofibo brands, providing users with the ability to explore a wide array of genres, including detective stories, novels, and biographies, in multiple languages such as Swedish, English, Arabic, Danish, and Finnish. Storytel also has a significant publishing division that includes several established publishing houses, such as Norstedts, Massolit, and B. Wahlstrom, focusing on both adult and children's literature. The company has expanded its services internationally, with operations in countries like Denmark, Norway, the Netherlands, and the USA, positioning itself as a prominent player in the subscription-based audiobook and e-book market.
Developed, tested, and proven in Germany, Vara is a leading AI-powered breast cancer screening company on a mission to find every deadly breast cancer early. Vara’s Artificial Intelligence (AI) technology is embedded within the German Breast Cancer Screening Program and is backed by some of the most respected institutions in breast cancer screening in the world including Cambridge (UK), Memorial Sloan (US), and Karolinska (Sweden). Vara’s clinical evidence has also been published in Lancet Digital Health, demonstrating that Vara-assisted radiologists significantly outperform average radiologists and are able to find cancers that would otherwise have been missed. Vara works with healthcare stakeholders, radiology service providers, and medical doctor networks to improve access to high-quality screening in Germany, Egypt, India and Mexico.
Envirotainer
Acquisition in 2022
Envirotainer AB specializes in the production, development, and rental of active temperature-controlled containers designed for the air transportation of temperature-sensitive healthcare products. Established in 1986 and headquartered in Upplands Väsby, Sweden, the company operates internationally with facilities in major locations such as Singapore, Dallas, Frankfurt, and Toronto, along with a network station in Hyderabad. Envirotainer serves a diverse clientele, including pharmaceutical and biotech companies, by offering a comprehensive suite of services that encompasses laboratory testing, qualification, validation support, and training through the Qualified Envirotainer Program. With over 30 years of experience, Envirotainer has established itself as a leader in secure cold chain solutions, ensuring that pharmaceutical products are transported in a controlled environment to meet the demands of the global market.
EQT is a global private equity and infrastructure firm founded in 1994, headquartered in Stockholm, Sweden. It specializes in buyouts, expansion capital, and infrastructure investments, focusing on mid-market companies with strong growth potential. EQT invests across various sectors, including healthcare, technology, services, industrials, and real estate, with a particular emphasis on Northern and Eastern Europe, Asia, and the US. The firm seeks to unlock growth potential in its portfolio companies, positioning them as sustainable market leaders, and typically holds investments for four to eight years. EQT also prioritizes ESG and impact investments in its infrastructure portfolio.
Storytel is a leading provider of audiobook and e-book streaming services, offering unlimited access to a diverse range of titles across more than 20 markets. Founded in 2005 and headquartered in Sweden, the company operates under the Storytel and Mofibo brands, providing users with the ability to explore a wide array of genres, including detective stories, novels, and biographies, in multiple languages such as Swedish, English, Arabic, Danish, and Finnish. Storytel also has a significant publishing division that includes several established publishing houses, such as Norstedts, Massolit, and B. Wahlstrom, focusing on both adult and children's literature. The company has expanded its services internationally, with operations in countries like Denmark, Norway, the Netherlands, and the USA, positioning itself as a prominent player in the subscription-based audiobook and e-book market.
Anticimex AB
Venture Round in 2021
Anticimex is a global specialist in preventive pest control, headquartered in Stockholm, Sweden, with operations in 17 countries across Europe, Asia-Pacific, and the United States. The company employs approximately 4,500 staff and serves over 3 million customers worldwide. Anticimex offers a comprehensive range of services, including extermination, environmental maintenance, and hygiene solutions, aimed at both businesses and consumers. In addition to traditional pest control methods, the company features innovative offerings such as Anticimex SMART, a digital pest control solution, and pest insurance, enabling clients to maintain pest-free environments and protect their production facilities effectively.
Epidemic Sound
Private Equity Round in 2021
Epidemic Sound AB is a Swedish music company founded in 2009, specializing in providing royalty-free music for individuals and businesses globally. The company boasts a diverse catalog of over 30,000 tracks spanning more than 180 genres, including acoustic, classical, and electronic, among others. Epidemic Sound caters to a wide range of customers, including video creators, broadcasters, and production companies, by offering subscription services for unlimited music use or the option to license individual tracks outright. All music provided comes with comprehensive rights clearance for use across all platforms and countries without the need for reporting, ensuring a straightforward licensing process. Headquartered in Stockholm, with additional offices in major cities worldwide, Epidemic Sound aims to empower storytellers by providing high-quality soundtracks that enhance visual content.
Depict.ai, founded in 2019 and based in Stockholm, Sweden, develops a product recommendation engine aimed at enhancing e-commerce stores' capabilities. The software is designed to provide high-quality product recommendations comparable to those of major retailers, enabling smaller businesses to enhance their digital storefronts and compete effectively in the market. By democratizing access to advanced recommendation technology, Depict.ai allows clients to increase their overall revenue without the need for extensive sales data. This empowers brands to present their unique stories and identities more effectively, ultimately supporting their growth in a competitive landscape.
CTEK Group
Debt Financing in 2019
CTEK is a manufacturer and global supplier of battery chargers, specializing in 12V charging solutions for various vehicles, particularly in the premium segment. The company is recognized as Sweden's second largest supplier of chargers and accessories for electric vehicle charging, reflecting its commitment to the growing electric mobility market. CTEK develops innovative products that cater to both traditional and electric vehicles, ensuring reliable performance and customer satisfaction.
Epidemic Sound
Venture Round in 2019
Epidemic Sound AB is a Swedish music company founded in 2009, specializing in providing royalty-free music for individuals and businesses globally. The company boasts a diverse catalog of over 30,000 tracks spanning more than 180 genres, including acoustic, classical, and electronic, among others. Epidemic Sound caters to a wide range of customers, including video creators, broadcasters, and production companies, by offering subscription services for unlimited music use or the option to license individual tracks outright. All music provided comes with comprehensive rights clearance for use across all platforms and countries without the need for reporting, ensuring a straightforward licensing process. Headquartered in Stockholm, with additional offices in major cities worldwide, Epidemic Sound aims to empower storytellers by providing high-quality soundtracks that enhance visual content.
Dellner Couplers
Acquisition in 2019
Dellner Couplers AB, based in Falun, Sweden, specializes in manufacturing train connection systems and locomotive parts for the passenger rail industry. With over 75 years of experience, the company produces a range of products including couplers, gangways, hatches, dampers, and crash management systems. In addition to its core offerings, Dellner Couplers provides comprehensive after-sales services such as upgrades, modernization, overhaul, repairs, technical support, training, and maintenance. The company serves train builders and operators through a global network of subsidiaries, branches, and agents, ensuring safer and more reliable rail journeys for clients worldwide. Dellner Couplers operates as a subsidiary of Dellner Invest AB.
Iver is a Swedish managed IT services provider specializing in full IT outsourcing. The company offers a range of contracted services, including hosting, cloud management, and application management. By focusing on dedicated customer service and delivering high-quality IT solutions, Iver has established strong relationships with clients in Sweden and Norway. Additionally, Iver supports digital transformation through its information technology management services, which include secure data storage and access across both proprietary and public clouds. This approach enables businesses to enhance their market strategies, improve customer experiences, increase operational efficiency, and generate valuable insights from data.
Candidator
Acquisition in 2018
Candidator is an IT company based in Sweden that specializes in delivering comprehensive information technology operations, telephony, and outsourcing services to businesses and organizations in the Nordic market. Emphasizing the motto "Make IT simple," Candidator focuses on building long-term relationships with its clients by offering high-quality service and effective IT solutions. The company provides a range of services, including IT consulting, website development, and tailored business modules, all aimed at enhancing security and operational efficiency while reducing costs for its customers.
Epidemic Sound
Private Equity Round in 2017
Epidemic Sound AB is a Swedish music company founded in 2009, specializing in providing royalty-free music for individuals and businesses globally. The company boasts a diverse catalog of over 30,000 tracks spanning more than 180 genres, including acoustic, classical, and electronic, among others. Epidemic Sound caters to a wide range of customers, including video creators, broadcasters, and production companies, by offering subscription services for unlimited music use or the option to license individual tracks outright. All music provided comes with comprehensive rights clearance for use across all platforms and countries without the need for reporting, ensuring a straightforward licensing process. Headquartered in Stockholm, with additional offices in major cities worldwide, Epidemic Sound aims to empower storytellers by providing high-quality soundtracks that enhance visual content.
BlueStep Bank
Acquisition in 2017
BlueStep Bank is a specialized mortgage provider operating in the Nordic region, particularly in Sweden and Norway. Since its inception in 2005, the bank has served over 29,000 customers, focusing on individuals who are often overlooked by traditional banking institutions. By tailoring its services to meet the unique financial situations and future capabilities of its clients, BlueStep Bank aims to create inclusive lending solutions. In addition to offering various lending products, the bank also provides deposit accounts, thereby diversifying its services. With a workforce of approximately 200 employees, BlueStep Bank has established itself as a key player in the specialist mortgage market in the Nordic region.
OxThera AB is a biopharmaceutical company focused on developing treatments for primary and secondary hyperoxaluria, a condition that can lead to kidney stones and impaired kidney function. Founded in 2005 and based in Stockholm, Sweden, with an additional location in Knoxville, Tennessee, OxThera manufactures two main products: Oxabact and Oxazyme. Oxabact is an orally administered composition of live bacteria designed to enhance the removal of oxalate produced by the body, while Oxazyme is a non-systemic oral drug that contains recombinant oxalate decarboxylase, aimed at treating dietary hyperoxaluria and preventing kidney stones. The company holds worldwide patents for its innovative therapies and has received Orphan Drug designations for Oxabact in both Europe and the United States. Through its advanced biotherapy technologies, OxThera aims to improve kidney health and preserve organ function in patients affected by hyperoxaluria.
HusCompagniet
Acquisition in 2015
HusCompagniet A/S is a prominent house builder primarily operating in Denmark, with expanding activities in Sweden and Germany. The company specializes in the design, sale, and delivery of customizable single-family detached houses, which are largely constructed on-site on land owned by customers. Additionally, HusCompagniet offers semi-detached houses to both consumers and professional investors, and produces prefabricated wood-framed houses under the VårgårdaHus brand in Sweden. Headquartered in Horsens, Denmark, the company has established a strong market presence, being three times larger than its nearest competitor in Denmark. Since its incorporation in 2015, HusCompagniet has achieved significant revenue growth and has been recognized as House Builder of the Year in Denmark for three consecutive years, employing around 230 people and delivering over 1,000 houses annually across its markets.
Musti ja Mirri Oy
Acquisition in 2014
Musti ja Mirri Oy is the foremost pet specialty retailer in the Nordic countries, offering a comprehensive selection of pet supplies, accessories, and food designed to enhance pet well-being. The company operates 127 stores across Finland and Sweden, catering to the needs of pet owners in the region. As of 2014, Musti ja Mirri achieved a turnover of EUR 81 million and employed approximately 500 staff members, reflecting its significant presence in the market.
Evidensia Djursjukvård
Acquisition in 2014
Evidensia Djursjukvård AB is a veterinary clinic chain headquartered in Stockholm, Sweden, operating over 180 clinics and hospitals across Sweden, Norway, Denmark, Finland, Germany, Holland, and Switzerland. The company provides a comprehensive range of animal care services, including veterinary care, food, medicine, and supplies for various pets, such as dogs, cats, small animals, exotic animals, and horses. Through its extensive network, Evidensia aims to deliver quality veterinary services to pet owners in multiple countries.
Terveystalo Healthcare
Acquisition in 2013
Terveystalo is a prominent healthcare service provider based in Finland, specializing in a comprehensive range of medical services. The company caters to corporate, private, and public sector clients, offering primary and specialized healthcare, including general practice, specialist medical care, diagnostic services, outpatient surgery, and dental care. Terveystalo's integrated approach encompasses the entire healthcare treatment chain, ensuring a seamless experience for patients. Additionally, the company operates through three reporting segments: Healthcare Services, Portfolio Businesses, and Sweden, with the majority of its revenue stemming from its Healthcare Services segment. Terveystalo is committed to delivering quality healthcare solutions tailored to the needs of diverse customer groups.
Internetstores
Venture Round in 2012
Internetstores GmbH is a German-based company, established in 2003, that operates both online and physical retail stores specializing in bicycles and outdoor products. Its offerings include a wide range of bikes, sportswear, accessories, and outdoor adventure gear, catering to both recreational and hobbyist customers. With a presence in Germany, Sweden, and France, the company maintains retail stores in these countries and has additional offices in Esslingen, Stuttgart, Berlin, Lyon, and Stockholm. As a subsidiary of Signa Retail GmbH, internetstores operates as a multi-store e-commerce platform, serving customers across Europe.
Anticimex AB
Acquisition in 2012
Anticimex is a global specialist in preventive pest control, headquartered in Stockholm, Sweden, with operations in 17 countries across Europe, Asia-Pacific, and the United States. The company employs approximately 4,500 staff and serves over 3 million customers worldwide. Anticimex offers a comprehensive range of services, including extermination, environmental maintenance, and hygiene solutions, aimed at both businesses and consumers. In addition to traditional pest control methods, the company features innovative offerings such as Anticimex SMART, a digital pest control solution, and pest insurance, enabling clients to maintain pest-free environments and protect their production facilities effectively.
Adven is an industrial and commercial provider of outsourced energy and water infrastructure and services, operating primarily in Finland, Sweden, and Estonia. Founded in 2012 and headquartered in Vantaa, Finland, the company specializes in delivering tailored energy solutions, including district heating, space heating, cooling, and process steam production. Adven develops and manages plants that operate under long-term contracts at client production facilities, ensuring reliable and cost-efficient energy delivery while minimizing environmental impact. Its offerings encompass geothermal solutions and gas distribution, catering to the specific energy needs of various industries and real estate sectors across the Nordic and Baltic regions.
ATOS MEDICAL
Acquisition in 2011
Atos Medical was founded in 1986 and today has a vast international network with subsidiaries in the USA, UK, Germany, Spain, Netherlands, Belgium, Sweden and Switzerland and also exclusive distributors serving about 60 countries. The head office is situated in Sweden, where a state-of-the-art clean room and laboratory make it possible to perform all tests required for successful R&D.
Coromatic AB
Acquisition in 2011
Coromatic AB specializes in critical infrastructure solutions that ensure reliable power supply and data communications for mission-critical operations. Founded in 2000 and headquartered in Bromma, Sweden, the company operates primarily in Scandinavia but also extends its services to Europe, Africa, and Asia. Coromatic's offerings include data center analysis, infrastructure management, consultancy, energy management, and security services, among others. The company is recognized as a market leader in the Nordic region, serving a diverse range of sectors such as headquarters, data centers, power plants, and hospitals. It has established a strong reputation, trusted by over half of the 100 largest companies in the Nordics, as well as numerous global organizations. Additionally, Coromatic designs and sells systems for power, cooling, network communications, and security, further reinforcing its commitment to business continuity and operational reliability.
AcadeMedia
Acquisition in 2010
AcadeMedia is the largest independent education provider in Northern Europe, offering a comprehensive range of educational services from pre-schools to adult education. The company operates approximately 550 units primarily in Sweden, Norway, and Germany. Its educational segments include preschools, compulsory schools, upper secondary schools, and adult education, with the upper secondary school segment generating the highest revenue. AcadeMedia's upper secondary school brands include Praktiska, Drottning Blanka, NTI, LBS, ProCivitas, and Rytmus. The majority of the company's revenue is derived from its operations in Sweden, reflecting its strong presence in the region's education sector.
XXL Sport & Villmark
Acquisition in 2010
XXL Sport & Villmark, founded in 2001, is a prominent sports retailer operating across Norway, Sweden, and Finland. The company specializes in a wide range of products catering to sports, hunting, skiing, biking, and other outdoor activities, including sportswear, shoes, and sports technology. Its extensive inventory features items such as casual wear, sleeping bags, cooking equipment, firearms, binoculars, GPS devices, and various gear for activities like water sports, football, golf, tennis, skiing, snowboarding, and hunting, sourced from reputable brands. With 14 mega-stores located in major cities in Norway, XXL has established itself as the fastest-growing player in the Norwegian sporting goods market, capturing a market share of nearly 15%. The company has experienced significant sales growth, averaging 30% annually from 2003 to 2010, and anticipated sales nearing NOK 2 billion in 2010. The majority of XXL's revenue is generated from its operations in Norway.
Swedegas
Acquisition in 2009
Swedegas AB specializes in the investment, development, and maintenance of gas distribution infrastructure in Sweden. Based in Gothenburg, the company operates the majority of the Swedish gas transmission network, functioning as a transmission system operator to ensure balanced gas distribution. It provides essential services such as gas connection, storage, and technical assistance, including investigation and measurement services. Swedegas plays a crucial role in delivering a secure and sustainable gas supply to various sectors, including industries, households, and transportation. Founded in 1973 and originally known as Nova Naturgas AB, the company rebranded to Swedegas AB in 2007 and is currently a subsidiary of FS Gas Transport AB.
Granngården
Acquisition in 2008
Granngården is a prominent retailer in Sweden, specializing in products related to gardening, animals, and nature. Based in Malmö, the company operates a chain of retail stores that cater to a diverse customer base, including gardening enthusiasts, pet owners, homeowners, and farmers. Granngården offers an extensive selection of garden equipment and supplies, ensuring that customers can access a wide range of products at competitive prices. The company's focus on serving individuals involved in forestry further enhances its product offerings, making it a valuable resource for those interested in outdoor and agricultural activities.
TitanX Engine Cooling
Acquisition in 2008
TitanX Holding specializes in providing engine cooling solutions for manufacturers of trucks, buses, off-highway equipment, and industrial diesel engines. The company manufactures a range of thermal management products, including engine, oil, bus, and genset cooling systems. With facilities located in Sweden, the United States, and Brazil, TitanX also offers design and testing services for its products, aimed at supporting clients in their pursuit of cleaner transportation solutions.
Scandic Hotels
Acquisition in 2007
Scandic Hotels Group is a Sweden-based hotel operator with a portfolio of over 200 hotels across approximately 120 destinations, primarily in the Nordic region. The company caters to both corporate and leisure travelers, with a significant portion of its revenue generated from business travel, room services, restaurants, and conferences. Scandic Hotels operates in several countries including Sweden, Finland, Denmark, Norway, Belgium, Poland, and Germany, with Sweden serving as the largest market. This extensive network enables the company to offer a diverse range of accommodations and services tailored to meet the needs of its guests.
Lundhags skomakarna
Acquisition in 2006
Lundhags Skomakarna, based in Frösön, Jämtland, Sweden, specializes in the manufacture and retail of outdoor footwear and apparel. Founded on a commitment to quality and functionality, the company has become a renowned brand in Scandinavia's outdoor market. Lundhags offers a diverse range of products including boots, clothing, rucksacks, and long-distance skates, designed to support an active outdoor lifestyle. The brand emphasizes sustainable living, encouraging year-round trekking and engagement in various outdoor activities through its durable and functional offerings.
Com Hem
Acquisition in 2003
Com Hem is the largest cable company in Sweden, providing a range of services that include television, broadband, and telephone solutions for both individuals and businesses. Founded in 1983 and headquartered in Stockholm, Com Hem operates through two main segments: Com Hem and Boxer, the latter being an acquired business. The company is known for its affordable, high-quality offerings and has distinguished itself in the market by delivering the TiVo TV service, which enables customers to access television content via mobile devices through the TiVoToGo app. Com Hem also engages in network operations by contracting telecom services directly with landlords, facilitating communication and maintenance for property owners. With approximately 950 employees, Com Hem generates the majority of its revenue within Sweden.
Nederman Holding
Acquisition in 1999
Nederman Holding AB is an industrial equipment manufacturer focused on developing, producing, and marketing solutions to extract and manage hazardous substances such as fumes. The company operates through four main segments: Extraction & Filtration Technology, Process Technology, Duct & Filter Technology, and Monitoring & Control Technology. Its products aim to improve air quality, enhance sustainability, and ensure compliance with emissions regulations in industrial settings. Nederman serves a global market, with significant operations in regions such as Sweden, Germany, the UK, the US, and parts of Asia. The majority of its revenue is derived from the Extraction & Filtration Technology segment, reflecting its commitment to reducing the harmful effects of industrial processes and protecting both people and the environment.
Haanpaa Group
Acquisition in 1999
Haanpaa is a logistics company specializing in the distribution of chemical products across Europe. Founded in 1949 by Jussi Haanpaa and headquartered in Vantaa, Finland, the company offers a range of services including storage, maintenance, transportation, and delivery in various European cities. Haanpaa also engages in sampling, monitoring, and packaging of chemical products, along with tank inspection and customer support services. The company produces specialty chemicals, pulps and papers, fuels, lubricants, animal feeds, and agricultural commodities. With branches in Finland, Sweden, Norway, Estonia, Russia, and the Netherlands, Haanpaa has established a strong presence in the logistics sector for liquid chemical products. Since July 2016, it has operated as a subsidiary of Groupe Samat SA.
VAASAN Group
Acquisition in 1998
Vaasan Oy, founded in 1849 and based in Helsinki, Finland, specializes in the production and distribution of a wide range of bakery products. The company operates primarily in Finland, Sweden, and the Baltic region, offering fresh bread, bake-off products, crispbread, and other baked goods. Vaasan Oy is recognized as the second largest manufacturer of bake-off products in the Nordic region and ranks as the world’s second largest producer of crispbread. Its notable brands include Vaasan Ruispalat, Vaasa Currants, and Vaasa Taika. As of June 2015, Vaasan Oy is a subsidiary of Lantmannen Unibake A/S, further enhancing its presence in the bakery market.
Orrefors Kosta Boda
Acquisition in 1996
Orrefors Kosta Boda is a prominent manufacturer based in Kosta, Sweden, specializing in the design and production of high-quality glassware. The company offers a diverse range of products, including utility glassware and art glass, catering to both everyday use and decorative purposes. Its product lineup features accessories, glasses, plates, dinner sets, vases, candlesticks, light lanterns, and various decorative objects. With a commitment to craftsmanship and design, Orrefors Kosta Boda continues to uphold its reputation for excellence in the glass industry.