Nord Kapitalforvaltning

Nord Kapitalforvaltning AS, established in 2011 and headquartered in Tromsø, Norway, specializes in providing investment advisory services for private equity funds. As the only private equity firm in Northern Norway dedicated to buyout and capital growth strategies, it manages two funds: Nord I, which holds minority interests in seven companies, and Nord II, with a total committed capital of NOK 430 million currently being invested. The firm operates with a small team of six employees, emphasizing its niche focus in the region's investment landscape.

Fredrik J. Borch

Partner

Bjørn Hesthamar

Partner and Deputy CEO

Kurt Jan Jensen

Managing Partner and CEO

3 past transactions

Kuldeteknisk

Acquisition in 2017
Kuldeteknisk AS, founded in 2003 and based in Tromsø, Norway, specializes in the research, development, engineering, installation, and servicing of refrigeration plants for the commercial sector. The company serves various industries, including marine, grocery, and industrial sectors, by offering a comprehensive range of services such as planning, counseling, equipment supply, design, delivery, maintenance, and monitoring. Kuldeteknisk has also developed sustainable freezing and cooling technologies that help the fishing industry preserve the quality of fish from the moment it is caught until it reaches the consumer. This innovation addresses historical environmental concerns associated with refrigeration, particularly the use of harmful FFC gases.

Hepro

Acquisition in 2014
Hepro is a manufacturer specializing in high-quality technical aids designed to enhance the lives of mobility-impaired individuals. The company offers a range of products that promote independence and improve daily living conditions for users. Its product line includes electric wheelchairs, motorized scooters, support rods, office chairs, hygiene-related items, and tables. By providing these essential aids, Hepro facilitates healthcare and social services for disabled and elderly individuals in their homes, thereby contributing to their overall well-being and autonomy.

Rapp Marine

Acquisition in 2012
Rapp Marine AS is a manufacturer that specializes in developing, engineering, and producing winches, cranes, and deck machinery for the marine, offshore, and oil and gas industries globally. The company's product offerings include a wide range of equipment such as fishing vessel winches, marine cranes, anchor handling systems, and various auxiliary deck machinery. Additionally, Rapp Marine provides specialized solutions for research vessels and commercial workboats, including advanced hydraulic and electric systems. Founded in 1907 and headquartered in Bodø, Norway, the company also maintains offices in Seattle, Washington, and Peterhead, Scotland, with sales and service operations extending worldwide. Rapp Marine is committed to delivering innovative machinery designed to enhance operational efficiency and minimize downtime for vessel operators.
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