Novax AB
Novax AB is the private equity and venture capital arm of Axel Johnson AB. It concentrates on mezzanine, middle-market, late-venture, emerging-growth, and growth-capital investments in small and mid-sized companies, with a focus on consumer-oriented sectors such as retail, services, trade, brands, health and wellness, security, and entertainment. The group targets Nordic-based opportunities and uses its own capital and balance sheet rather than external funds. Typical investments range from SEK 100 million to SEK 300 million, in enterprises valued at SEK 100 million to SEK 1,000 million with revenues between SEK 75 million and SEK 1,000 million and EBITDA up to SEK 250 million. Novax AB was founded in 1999 and is headquartered in Stockholm, Sweden.
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