FSN Capital

FSN Capital, established in 1999, is a Nordic private equity firm headquartered in Oslo, Norway, with regional offices in Sweden, Germany, and Denmark. The company focuses on the middle-market segment, investing in growth-stage companies across Northern Europe. FSN Capital's investment strategy is long-term and patient, supported by a broad range of Nordic and international institutions. The firm targets companies in sectors such as commercial products, information technology, business services, and manufacturing, with an enterprise value typically ranging from EUR 400 to EUR 2000 million. FSN Capital also seeks ESG investments, aligning with Article 8 of the EU SFDR. The firm's funds, including FSN Capital III, IV, V, and VI, reflect this strategy, investing in countries like Denmark, Finland, Norway, and Sweden.

Andreas Damgaard

Investment Associate

Lars Denkov

Principal

Nikolai Doepel

Investment Associate

Talitha Eber

Investment Director

Marcus Egelstig

Partner

Debbie Fellmerk

Investment Manager

Kristina Wirén González

Investment Manager

Maria Grøner

Investment Manager

Moritz Hafner

Principal

Nicholas Hjorth

Principal

Jesper Isaksen

Partner

Joar Jansson

Investment Manager

Christian Jelsbech

Investment Manager

Adeline Jennische

Principal

Mike Joseph

Investment Associate

Justin Kent

Partner

Eskil Koffeld

Partner

Simon Larsson

Principal

Severin Loos

Investment Director

Moritz Madlener

Investment Manager

Robin Mürer

Co-Managing Partner

Erik Nelson

Partner

Clemens Plainer

Investment Director

Reginald Seawright

Investment Director

Ulrik Smith

Co-Managing Partner

Barbara Stolz

Investment Manager

Frode Strand-Nielsen

Founder and Managing Partner

Marie-Christine Volkert

Investment Associate

Eirik Hjeltnes Wabø

Investment Director

Maximilian Weimann

Investment Manager

Marcus Wintersø

Investment Director

Stephan Zogbaum

Investment Associate

Past deals in Oslo

Active Brands AS

Venture Round in 2022
Active Brands AS is a manufacturer and supplier of sporting goods primarily focused on the Nordic region. Established in 2010 and headquartered in Oslo, Norway, the company offers a diverse range of products, including women's sportswear, winter training apparel, compression tights, casual wear, skiwear, and accessories such as hats, gloves, and socks. It also provides children’s clothing and a selection of skiing equipment, including skis and ski helmets. The company markets several brands, including Kari Traa, Bula, Vossatassar, Åsnes, Bjørn Dæhlie, and Sweet Protection. Active Brands distributes its products not only in the Nordic countries but also exports to Europe and the United States. With a workforce of approximately 165 employees across various locations, including Oslo, Voss, Gothenburg, and Shanghai, Active Brands AS is positioned for growth through its established brands and potential future acquisitions. The primary shareholder is the Norwegian investment company Holta Invest AS.

Saferoad Group

Venture Round in 2018
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.

Saferoad Group

Acquisition in 2018
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.

Active Brands AS

Acquisition in 2017
Active Brands AS is a manufacturer and supplier of sporting goods primarily focused on the Nordic region. Established in 2010 and headquartered in Oslo, Norway, the company offers a diverse range of products, including women's sportswear, winter training apparel, compression tights, casual wear, skiwear, and accessories such as hats, gloves, and socks. It also provides children’s clothing and a selection of skiing equipment, including skis and ski helmets. The company markets several brands, including Kari Traa, Bula, Vossatassar, Åsnes, Bjørn Dæhlie, and Sweet Protection. Active Brands distributes its products not only in the Nordic countries but also exports to Europe and the United States. With a workforce of approximately 165 employees across various locations, including Oslo, Voss, Gothenburg, and Shanghai, Active Brands AS is positioned for growth through its established brands and potential future acquisitions. The primary shareholder is the Norwegian investment company Holta Invest AS.
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