FSN Capital

PolyTech specializes in engineering-driven solutions for the wind energy sector. They manufacture performance-enhancing systems, including Lightning Protection Systems (LPS) and Leading Edge Protection. Their global outlook enables them to serve clients worldwide, from design and prototyping to production and optimization.

Active Brands AS is a manufacturer and supplier of premium sporting goods to the sports retail industry in the Nordic region. Established in 2010 and headquartered in Oslo, Norway, the company has locations in Voss, Gothenburg, and Shanghai. Its diverse brand portfolio includes Kari Traa, specializing in women's sportswear; Bula, offering accessories; Vossatassar for children's wear; Åsnes, known for skis; Bjørn Dæhlie, focusing on cross-country skiwear; and Sweet Protection, which provides ski helmets and protective apparel. Active Brands exports its products to Europe and the United States, with a turnover of approximately NOK 650 million as of 2015 and a workforce of 165 employees. The company aims to strengthen its brand positions and become a preferred partner for retailers while pursuing growth through both its existing brands and potential acquisitions.

Obton is a long-term investment partner with experience in creating stable returns through investment in solar parks. It offers alternative investment projects specializing in creating the best returns through green operating assets. The company was founded in 2006 and operates in Aarhus, Denmark.

Saferoad Group is a Norwegian company that specializes in providing road safety and infrastructure solutions. Founded in 2007 and headquartered in Oslo, it designs, manufactures, and delivers a wide range of products aimed at enhancing road safety and infrastructure standards. The company's offerings include lighting columns, road signs, road markings, restraint systems, and light poles. By continuously innovating and promoting effective products, Saferoad Group seeks to prevent traffic accidents and minimize their consequences, ultimately contributing to safer travel for all road users.

Nordlo is a provider of digitalization and managed IT services for small and medium-sized enterprises in the Nordic region. Based in Stockholm, Sweden, the company offers information technology infrastructure, outsourcing, cloud services and digitalization solutions designed to enable clients to collaborate with and leverage IT according to their requirements.

Nordlo is a provider of digitalization and managed IT services for small and medium-sized enterprises in the Nordic region. Based in Stockholm, Sweden, the company offers information technology infrastructure, outsourcing, cloud services and digitalization solutions designed to enable clients to collaborate with and leverage IT according to their requirements.

Saferoad Group is a Norwegian company that specializes in providing road safety and infrastructure solutions. Founded in 2007 and headquartered in Oslo, it designs, manufactures, and delivers a wide range of products aimed at enhancing road safety and infrastructure standards. The company's offerings include lighting columns, road signs, road markings, restraint systems, and light poles. By continuously innovating and promoting effective products, Saferoad Group seeks to prevent traffic accidents and minimize their consequences, ultimately contributing to safer travel for all road users.

Morenot Group is a prominent player in the international markets of fisheries, aquaculture, and marine seismic. The group operates through various subsidiaries, with Morenot Fishery focusing on purse seine and trawl fishing, providing high-quality services along the Norwegian coast and in key markets such as Norway, the North Sea basin, Russia, and the United States. Morenot Aquaculture specializes in producing nylon and Dyneema® netting, offering custom moorings, de-lousing tarpaulins, and other essential equipment for aquaculture farms, along with services like washing, repair, and coating. Additionally, the company manufactures a range of fishing equipment, including pots, jigging machines, ropes, and nets, while also providing consultancy services tailored to the fishing, aquaculture, and seismic industries, ensuring clients can effectively meet their operational needs.

Morenot Group is a prominent player in the international markets of fisheries, aquaculture, and marine seismic. The group operates through various subsidiaries, with Morenot Fishery focusing on purse seine and trawl fishing, providing high-quality services along the Norwegian coast and in key markets such as Norway, the North Sea basin, Russia, and the United States. Morenot Aquaculture specializes in producing nylon and Dyneema® netting, offering custom moorings, de-lousing tarpaulins, and other essential equipment for aquaculture farms, along with services like washing, repair, and coating. Additionally, the company manufactures a range of fishing equipment, including pots, jigging machines, ropes, and nets, while also providing consultancy services tailored to the fishing, aquaculture, and seismic industries, ensuring clients can effectively meet their operational needs.

Active Brands AS is a manufacturer and supplier of premium sporting goods to the sports retail industry in the Nordic region. Established in 2010 and headquartered in Oslo, Norway, the company has locations in Voss, Gothenburg, and Shanghai. Its diverse brand portfolio includes Kari Traa, specializing in women's sportswear; Bula, offering accessories; Vossatassar for children's wear; Åsnes, known for skis; Bjørn Dæhlie, focusing on cross-country skiwear; and Sweet Protection, which provides ski helmets and protective apparel. Active Brands exports its products to Europe and the United States, with a turnover of approximately NOK 650 million as of 2015 and a workforce of 165 employees. The company aims to strengthen its brand positions and become a preferred partner for retailers while pursuing growth through both its existing brands and potential acquisitions.

BHG Group AB is a consumer e-commerce company headquartered in Malmö, Sweden, specializing in a wide array of home improvement and furnishing products. The company operates approximately 85 online platforms, including well-known sites such as bygghemma.se, trademaX.se, and furniturebox.se, alongside around 70 physical showrooms. BHG offers approximately 800,000 products across various categories, including DIY, leisure, furniture, and home furnishings. Its operations are primarily focused on the Nordic region, but the company also extends its services to other European markets and select areas outside Europe. Established in 2006, BHG has evolved significantly, enhancing the online shopping experience for customers through its multiple brands targeting diverse segments, including DIY enthusiasts and price-conscious consumers.

Bygghemma.se is a prominent online retailer specializing in do-it-yourself and building supplies, established in Sweden in 2006. The company has expanded significantly, operating 10 online stores and six physical locations across the Nordic region. Bygghemma's mission focuses on providing a diverse selection of building products at competitive prices, with home delivery services tailored mainly for individual customers seeking quality supplies from well-known brands. The Construction Home Group, which owns Bygghemma, employs approximately 250 individuals across eight offices in Sweden, Norway, Denmark, and Finland. The group, headquartered in Malmö, reported sales of SEK 2 billion in 2015. The brand encompasses various specialized online stores, including golvshop.se, badshop.se, and linoleumkompaniet.se in Sweden, along with taloon.com and netrauta.com in Finland, bygghjemme.no in Norway, and byghjemme.dk in Denmark, among others.

Netcompany A/S is a Danish IT services company that specializes in delivering business-critical IT solutions to both public and private sector clients across multiple countries, including Denmark, Norway, the United Kingdom, the Netherlands, Poland, and Vietnam. Founded in 2000 and headquartered in Copenhagen, the company provides a wide range of services, including the development, maintenance, and operation of IT solutions in areas such as digital platforms, application development, cognitive computing, e-commerce, enterprise resource planning, customer relationship management, and data management. Netcompany serves diverse sectors, including finance, government, manufacturing, retail, telecommunications, and utilities, utilizing advanced technologies to enhance business efficiency and effectiveness. With approximately 400 employees across offices in Copenhagen, Aarhus, and Aalborg, Netcompany emphasizes a combination of technical expertise and agile delivery to meet client needs.

Netcompany A/S is a Danish IT services company that specializes in delivering business-critical IT solutions to both public and private sector clients across multiple countries, including Denmark, Norway, the United Kingdom, the Netherlands, Poland, and Vietnam. Founded in 2000 and headquartered in Copenhagen, the company provides a wide range of services, including the development, maintenance, and operation of IT solutions in areas such as digital platforms, application development, cognitive computing, e-commerce, enterprise resource planning, customer relationship management, and data management. Netcompany serves diverse sectors, including finance, government, manufacturing, retail, telecommunications, and utilities, utilizing advanced technologies to enhance business efficiency and effectiveness. With approximately 400 employees across offices in Copenhagen, Aarhus, and Aalborg, Netcompany emphasizes a combination of technical expertise and agile delivery to meet client needs.

Fitness World A/S is a fitness club operator based in Rødovre, Denmark, managing over 100 fitness centers across Ireland. Founded in 2000, the company offers a variety of services, including personal training, group training, and nutritional counseling. Additionally, Fitness World provides training through an application software, enhancing the fitness experience for its members. The company was previously known as FITNESS WORLD HOLDING ApS until its name change in May 2008. As of January 2020, it operates as a subsidiary of Pure Gym Limited.

Fitness World A/S is a fitness club operator based in Rødovre, Denmark, managing over 100 fitness centers across Ireland. Founded in 2000, the company offers a variety of services, including personal training, group training, and nutritional counseling. Additionally, Fitness World provides training through an application software, enhancing the fitness experience for its members. The company was previously known as FITNESS WORLD HOLDING ApS until its name change in May 2008. As of January 2020, it operates as a subsidiary of Pure Gym Limited.

Kjell & Co Elektronik A.B. is a Swedish retailer specializing in home electronics accessories. Founded in 1988 and headquartered in Malmö, the company operates a chain of physical stores across Sweden, in addition to offering its products through online sales channels. Kjell & Co Elektronik A.B. was previously a subsidiary of ICA Gruppen AB. The company is dedicated to providing a wide range of electronic accessories to meet the needs of consumers.

Kjell & Co Elektronik A.B. is a Swedish retailer specializing in home electronics accessories. Founded in 1988 and headquartered in Malmö, the company operates a chain of physical stores across Sweden, in addition to offering its products through online sales channels. Kjell & Co Elektronik A.B. was previously a subsidiary of ICA Gruppen AB. The company is dedicated to providing a wide range of electronic accessories to meet the needs of consumers.

Instalco is a Nordic technical installation group focused on mid-size projects and ongoing service. It provides end-to-end solutions for electrical, heating and plumbing, ventilation, cooling and industrial installations to real estate and facilities across Sweden, Norway and Finland. The company handles installation, maintenance and service activities for the construction and facilities management sectors. It operates with two segments, Sweden and Rest of Nordics, and its revenue comes from the execution of installations, construction contracts and service contracts.

Instalco is a Nordic technical installation group focused on mid-size projects and ongoing service. It provides end-to-end solutions for electrical, heating and plumbing, ventilation, cooling and industrial installations to real estate and facilities across Sweden, Norway and Finland. The company handles installation, maintenance and service activities for the construction and facilities management sectors. It operates with two segments, Sweden and Rest of Nordics, and its revenue comes from the execution of installations, construction contracts and service contracts.

Validus AS operates retail outlets for beauty and personal care products across the Nordic region, including duty‑free and duty‑paid shops located in Norwegian airports.

Troax AB is a Swedish company that specializes in developing and supplying metal-based mesh panel solutions for various applications, including property protection, machine guarding, and warehouse partitioning. Founded in 1955 and headquartered in Hillerstorp, the company operates in several regions, including the Nordic countries, the United Kingdom, North America, and Continental Europe, with a significant portion of its revenue generated from the latter. Troax's product offerings include machine guarding systems, various types of panels and posts, stainless steel lines, and an array of accessories. Additionally, Troax provides various door solutions, anti-collapse systems, and mesh shelving systems tailored for material handling and logistics. The company emphasizes safety, versatility, and accessibility, reflecting years of development in its products designed to secure hazardous areas and protect valuable property.

Troax AB is a Swedish company that specializes in developing and supplying metal-based mesh panel solutions for various applications, including property protection, machine guarding, and warehouse partitioning. Founded in 1955 and headquartered in Hillerstorp, the company operates in several regions, including the Nordic countries, the United Kingdom, North America, and Continental Europe, with a significant portion of its revenue generated from the latter. Troax's product offerings include machine guarding systems, various types of panels and posts, stainless steel lines, and an array of accessories. Additionally, Troax provides various door solutions, anti-collapse systems, and mesh shelving systems tailored for material handling and logistics. The company emphasizes safety, versatility, and accessibility, reflecting years of development in its products designed to secure hazardous areas and protect valuable property.

PM Retail is a manufacturer and designer of fashionable clothing tailored to the specific needs and preferences of mature women. The company operates a network of 45 retail stores across Norway, where it sells its products under its own brands. By focusing on the unique requirements of its target demographic, PM Retail aims to provide stylish and appropriate clothing options for mature women.

PM Retail is a manufacturer and designer of fashionable clothing tailored to the specific needs and preferences of mature women. The company operates a network of 45 retail stores across Norway, where it sells its products under its own brands. By focusing on the unique requirements of its target demographic, PM Retail aims to provide stylish and appropriate clothing options for mature women.

Founded in 2015, HusCompagniet is a leading Danish company specializing in the development of single-family detached houses. It offers customizable designs primarily built on-site on customer-owned land, and also produces prefabricated wood-framed houses under the VårgårdaHus brand in Sweden. The company is renowned for its high-quality products and great value for money, having been awarded House Builder of the Year in Denmark for three consecutive years.

Founded in 2015, HusCompagniet is a leading Danish company specializing in the development of single-family detached houses. It offers customizable designs primarily built on-site on customer-owned land, and also produces prefabricated wood-framed houses under the VårgårdaHus brand in Sweden. The company is renowned for its high-quality products and great value for money, having been awarded House Builder of the Year in Denmark for three consecutive years.

Vindora operates schools and colleges in Sweden and provides vocational training and theoretical education programs. It was founded in 1992 and is based in Gothenburg, Sweden.

Tactel AB is an innovation and technology company based in Malmo, Sweden, with additional offices in Stockholm and Umeå. Founded in 1995, Tactel specializes in digital services for business and user experience, focusing on areas such as human insights through research and consumer validation, prototyping, design, technology, and business innovation. The company provides solutions including mobile development, design and front-end services for financial institutions, in-flight entertainment, web development, Internet of Things monitoring systems, field worker applications, device management, and CRM tools for the retail market. Tactel also offers expertise in Android software development and creating strong visual experiences, turning hardware into high-performance devices. The company combines skills from mobile software development, design, and gaming to provide comprehensive solutions that enhance user experiences and drive business growth.

Tactel AB is an innovation and technology company based in Malmo, Sweden, with additional offices in Stockholm and Umeå. Founded in 1995, Tactel specializes in digital services for business and user experience, focusing on areas such as human insights through research and consumer validation, prototyping, design, technology, and business innovation. The company provides solutions including mobile development, design and front-end services for financial institutions, in-flight entertainment, web development, Internet of Things monitoring systems, field worker applications, device management, and CRM tools for the retail market. Tactel also offers expertise in Android software development and creating strong visual experiences, turning hardware into high-performance devices. The company combines skills from mobile software development, design, and gaming to provide comprehensive solutions that enhance user experiences and drive business growth.

Green Landscaping Group specializes in creating and managing outdoor environments, offering services such as park management, construction, landscaping, tree care, snow removal, and maintenance of green areas, parks, courtyards, and sports facilities. With approximately 400 employees, the company generates a turnover of around 680 MSEK.

Lagkagehuset A/S is a Danish company operating since 1997, specializing in artisanal baked goods and café services. It offers a wide range of products including bread, cakes, pastries, sandwiches, and hot drinks, with locations across Denmark and the United Kingdom. The company provides both dine-in and takeaway options, including mobile ordering through its application. Lagkagehuset is known for its high-quality baked goods produced in-house, catering to breakfast and lunch crowds with a flexible store concept that ranges from large bakeries to smaller urban outlets.

CTEK is a global manufacturer and supplier of battery chargers, specializing in 12V chargers for vehicles in the premium segment. The company also develops and provides charging solutions for electric vehicles and related accessories, supporting both conventional auto charging and EV charging infrastructure. In Sweden, CTEK is a major supplier of EV charging equipment and accessories.

Teres Medical Group is a healthcare provider based in Norway that owns and operates hospitals and surgical clinics. The company specializes in a range of medical services including orthopaedic surgery, cosmetic surgery, ear, nose, and throat (ENT) procedures, neurosurgery, and general surgery. Additionally, Teres Medical Group offers plastic surgery, weight loss treatments, and cosmetic skincare services, catering to diverse patient needs in the healthcare sector.

Actic Group is a leading health and fitness club operator with a significant presence in the Nordic region, including Sweden, Norway, Finland, Germany, and Austria. The company operates 173 gyms and 101 bathing facilities, offering a range of wellness services such as indoor and outdoor training, personal training, group training, swimming, and bathing. Additionally, Actic Group provides energy bars and drinks, training clothes, and other fitness products through online web shops.

Teres Medical Group is a healthcare provider based in Norway that owns and operates hospitals and surgical clinics. The company specializes in a range of medical services including orthopaedic surgery, cosmetic surgery, ear, nose, and throat (ENT) procedures, neurosurgery, and general surgery. Additionally, Teres Medical Group offers plastic surgery, weight loss treatments, and cosmetic skincare services, catering to diverse patient needs in the healthcare sector.

VIA Travel Group ASA is a Norwegian public limited liability company and is the leading Scandinavian travel management company. The company’s core business lies within the corporate travel market represented by VIA Travel and its segments; Business, Marine and Conference & Events.

VIA Travel Group ASA is a Norwegian public limited liability company and is the leading Scandinavian travel management company. The company’s core business lies within the corporate travel market represented by VIA Travel and its segments; Business, Marine and Conference & Events.

Kongsberg Automotive ASA, established in 1957 and headquartered in Kongsberg, Norway, is a global supplier to the automotive industry. The company operates through three segments: Interior, Powertrain & Chassis Products, and Specialty Products. It develops, manufactures, and sells a wide range of products that enhance the driving experience, including comfort and safety features for vehicle interiors, powertrain systems, and driver control and fluid handling systems. Serving original equipment manufacturers (OEMs) and Tier 1 suppliers in the automotive, commercial vehicle, and off-highway markets, Kongsberg Automotive's products contribute to safer, more comfortable, and sustainable vehicles.

Jamo is a leading audio systems developer based in Denmark, recognized as the largest producer of loudspeaker systems and home theatre solutions in Europe. The company specializes in designing and marketing a wide range of audio products, which include home cinema systems, personal audio devices, wall-mounted speakers, soundbars, amplifiers, and studio speakers. In addition to its product offerings, Jamo also provides installation services to ensure optimal performance of its audio solutions.

Jamo is a leading audio systems developer based in Denmark, recognized as the largest producer of loudspeaker systems and home theatre solutions in Europe. The company specializes in designing and marketing a wide range of audio products, which include home cinema systems, personal audio devices, wall-mounted speakers, soundbars, amplifiers, and studio speakers. In addition to its product offerings, Jamo also provides installation services to ensure optimal performance of its audio solutions.