Summa Equity

Summa Equity AB is a private equity firm founded in 2016, headquartered in Sweden, with an additional office in Oslo, Norway. The firm specializes in middle market investments and buyout transactions, primarily focusing on businesses located in Scandinavia. Summa Equity targets sectors that address resource scarcity, energy efficiency, changing demographics, and technology-enabled solutions. It typically invests between $10 million and $200 million and prefers to acquire a majority stake in the companies it invests in, thereby aiming to drive significant operational and strategic improvements.

Hans Cobben

Principal

Gisle Gluck Evensen

Partner

Jacob Frandsen

Investment Director

Tuva Greaker

Investment Associate

Shuayb Ibrahim

Investment Associate

Indahl, Reynir

Founder and Managing Partner

Jacobsen, Hannah Gunvor

Director

Pekko Kolehmainen

Investment Manager

Mehdi Lahlou

Investment Manager

Denny Lekic

Investment Manager

Gustav Lindberg

Investment Director

Astrid Lindquist

Investment Associate

Vanessa McKay

Investment Associate

Melby, Christian

Partner

Louisa Neumann

Investment Director

Maja Zhang Olsen

Investment Associate

Tuva Einang Prestegard

Investment Associate

Peder Qvigstad

Investment Manager

Annette Roth

Investment Manager

Anna Ryrberg

Investment Manager

Sercan Samanci

Investment Manager

Fabian Schmidt

Investment Manager

Sundeep Singh

Investment Manager

Ragnhild Støer

Investment Associate

Tommi Unkuri

Partner

Maximilian Waldmann

Investment Associate

Betty Ålander

Investment Associate

40 past transactions

EA Technology

Private Equity Round in 2024
EA Technology expertise in providing power engineering solutions.

NetGuardians

Acquisition in 2024
NetGuardians SA is a software company that specializes in fraud prevention and risk mitigation solutions for the banking and financial services sectors. Founded in 2007 and based in Yverdon-les-Bains, Switzerland, with additional offices in Nairobi, Warsaw, and Singapore, the company utilizes big data and behavioral analytics to address various fraud challenges, including mobile banking and identity theft. Its key offerings include FraudGuardian, which provides predefined controls for continuous auditing of user behavior across multiple channels, and RiskGuardian, an automation tool for compliance that features regulatory templates, automated updates, and reporting capabilities. NetGuardians serves a diverse clientele, including CIOs, CISOs, internal auditors, and compliance professionals, primarily in Europe, the Middle East, Asia, and Africa, and distributes its products through resellers.

ZeroAvia

Series C in 2024
ZeroAvia, Inc. is a company focused on developing zero-emission aircraft for commercial short-haul flights. Established in 2017 and headquartered in Hollister, California, with an office in Cranfield, United Kingdom, ZeroAvia specializes in hydrogen-electric propulsion systems. These systems are designed to eliminate aviation emissions while ensuring operational efficiency. The company aims to provide scalable technologies that can retrofit existing aircraft, thereby facilitating a transition to sustainable aviation. By collaborating with various stakeholders, ZeroAvia seeks to revolutionize the aviation industry through cleaner and more efficient flight options. Their powertrain utilizes a hydrogen fuel-cell system in limited-seat fixed-wing aircraft, which not only reduces emissions but also allows for the use of existing infrastructure, thus simplifying regulatory challenges and lowering both fuel and maintenance costs for aviation companies.

Nutris

Acquisition in 2024
Nutris is a plant-based nutrition company that produces components used in plant-based foods.

FAST LTA

Acquisition in 2024
FAST LTA AG is a company based in Munich, Germany, specializing in the development and sale of hardware and software solutions for long-term digital data storage. The company offers a range of products, including Silent Cubes, which serve as an alternative to traditional magnetic tape libraries and optical jukeboxes, and are designed for permanent and unalterable data storage. Their Silent Cube Compact combines network connectivity with compliance options for secure storage, while the Gigabank allows users to store various digital files online. FAST LTA's solutions are particularly targeted towards sectors such as healthcare, public services, government, industry, and banking, focusing on secure and cost-effective data safeguarding. The company also emphasizes data integrity through regular digital audits and integration with various storage technologies. Established in 1999 and originally known as Fast TV Server AG, it rebranded to FAST LTA AG in 2007.

STIM

Acquisition in 2024
Provides fish health services and products for the aquaculture industry. The company provides vaccinations, medications, medicated feed, fish health, disinfection and hygiene, gas and silage, vaccine cabinets for temperature-controlled vaccine storage, and fish health and environmental services.

ZeroAvia

Series C in 2023
ZeroAvia, Inc. is a company focused on developing zero-emission aircraft for commercial short-haul flights. Established in 2017 and headquartered in Hollister, California, with an office in Cranfield, United Kingdom, ZeroAvia specializes in hydrogen-electric propulsion systems. These systems are designed to eliminate aviation emissions while ensuring operational efficiency. The company aims to provide scalable technologies that can retrofit existing aircraft, thereby facilitating a transition to sustainable aviation. By collaborating with various stakeholders, ZeroAvia seeks to revolutionize the aviation industry through cleaner and more efficient flight options. Their powertrain utilizes a hydrogen fuel-cell system in limited-seat fixed-wing aircraft, which not only reduces emissions but also allows for the use of existing infrastructure, thus simplifying regulatory challenges and lowering both fuel and maintenance costs for aviation companies.

LogPoint

Acquisition in 2023
LogPoint is a developer of a cybersecurity operations platform that focuses on simplifying information technology processes and ensuring compliance for organizations. The platform specializes in security information and event management, offering reporting templates and dashboards that help manage critical events and security incidents in real-time. With a built-in scaling architecture, LogPoint enables enterprises to effectively monitor their networks and efficiently detect and respond to cybersecurity threats, enhancing overall security operations.

PierianDx

Acquisition in 2023
PierianDx, Inc. is a company that specializes in developing a cloud-based genomic software solution aimed at managing, analyzing, and interpreting complex genomic tests for clinical laboratories in the United States. Founded in 2014 and headquartered in Saint Louis, Missouri, PierianDx offers the Clinical Genomicist Workstation, a comprehensive platform that oversees patient case management, including accessioning, sequencing, analysis, and reporting, while ensuring integration with electronic health records. The company caters to health systems, children’s hospitals, comprehensive cancer centers, and reference laboratories, and provides consulting and technical services. PierianDx plays a pivotal role in enhancing the utilization of genomic sequencing in healthcare, enabling physicians to improve diagnosis and treatment for cancer and other complex diseases through its accredited laboratory and shared knowledgebase.

Oda

Venture Round in 2022
Oda, formerly known as Kolonial.no AS, is a prominent online grocery retailer based in Oslo, Norway. Founded in 2013, the company specializes in providing a wide array of grocery items, including fresh produce, dairy products, meats, seafood, baked goods, household essentials, and personal care items. Oda employs a data-driven approach to enhance efficiency and sustainability throughout its supply chain, aiming to deliver high-quality products directly to customers' doorsteps or designated collection points. The platform caters to millions of consumers, ensuring convenient access to everyday staples and ready-made meals while emphasizing a commitment to sustainable retail practices.

Tibber

Series C in 2022
Tibber is a digital electricity supplier that offers smart solutions to minimize their customers’ consumption and costs. Its vision is to make sustainable energy consumption simple and affordable for all households. Tibber's mission is to reduce the residential electricity consumption for European households by 20 %. Founded in Norway and Sweden in 2016, the company has expanded its offer to Sweden and Germany where it powers hundreds of thousands of homes. Tibber replaces traditional utilities with smart technology, supplying its customers with renewable energy at fair and transparent prices. In addition, its app provides real-time analytics into energy usage, and pairs with a variety of smart home devices to reduce electricity consumption at home. The company sells tech-gadgets in their online store and recently was licensed to balance the main power grid in Sweden with EVs.

Intix

Acquisition in 2022
INTIX is a developer of advanced data tracking and monitoring software specifically designed for financial institutions and corporations. The company's solutions facilitate real-time transaction monitoring, compliance, archiving, payments repair, and fraud prevention. By leveraging state-of-the-art technology, INTIX helps clients enhance efficiency and address issues that may disrupt the payment process. Its services aim to reduce the Total Cost of Ownership for clients by integrating seamlessly into existing systems, thus minimizing data duplication and the need for costly hardware investments. Overall, INTIX focuses on providing greater integrity, insight, and control over message data, ultimately enabling financial institutions to save resources, time, and money.

ZeroAvia

Series B in 2021
ZeroAvia, Inc. is a company focused on developing zero-emission aircraft for commercial short-haul flights. Established in 2017 and headquartered in Hollister, California, with an office in Cranfield, United Kingdom, ZeroAvia specializes in hydrogen-electric propulsion systems. These systems are designed to eliminate aviation emissions while ensuring operational efficiency. The company aims to provide scalable technologies that can retrofit existing aircraft, thereby facilitating a transition to sustainable aviation. By collaborating with various stakeholders, ZeroAvia seeks to revolutionize the aviation industry through cleaner and more efficient flight options. Their powertrain utilizes a hydrogen fuel-cell system in limited-seat fixed-wing aircraft, which not only reduces emissions but also allows for the use of existing infrastructure, thus simplifying regulatory challenges and lowering both fuel and maintenance costs for aviation companies.

G-Con Manufacturing

Acquisition in 2021
G-Con Manufacturing, Inc. specializes in the design, construction, and installation of biotherapeutic and pharmaceutical facilities, focusing on autonomous cleanroom and containment PODs. These self-contained systems are tailored for scale-up projects and commercial applications, allowing for quick deployment and adaptability to the evolving demands of pharmaceutical development. G-Con's PODs are prequalified at their manufacturing facilities in the United States and Ireland, ensuring compliance with stringent quality standards. The company offers a range of standard PODs available for rapid delivery, as well as customizable solutions for specific client needs. Established in 2009 and headquartered in College Station, Texas, G-Con Manufacturing also provides facility design, engineering, construction, maintenance, monitoring, validation, and compliance support services to enhance operational efficiency for its clients.

Axion BioSystems

Acquisition in 2021
Axion BioSystems, Inc. is a life science instrumentation company based in Atlanta, Georgia, specializing in multi-electrode array technology. This technology enables detailed cellular information analysis, catering to research, clinical, and drug discovery markets. The company provides a range of products, including single-well systems, stimulating and recording channels, multi-well systems, and integrated circuits designed to eliminate stimulation artifacts. Key offerings include microelectrode array plates, the Axion BioSystems Integrated Studio (AxIS), and Lumos. Founded in 2007, Axion BioSystems aims to enhance access to cellular data for various scientific applications.

Nofitech

Venture Round in 2021
Nofitech provides design and construction, salmon, land-based fish farming, international experience, oxygenation, construction of concrete tanks, RAS, CO2 aeration, equipment supplier, and design of farms for salmon services. Their concept is based on modules, consisting of four octagonal tanks centered around a shared water treatment unit.

ZeroAvia

Venture Round in 2021
ZeroAvia, Inc. is a company focused on developing zero-emission aircraft for commercial short-haul flights. Established in 2017 and headquartered in Hollister, California, with an office in Cranfield, United Kingdom, ZeroAvia specializes in hydrogen-electric propulsion systems. These systems are designed to eliminate aviation emissions while ensuring operational efficiency. The company aims to provide scalable technologies that can retrofit existing aircraft, thereby facilitating a transition to sustainable aviation. By collaborating with various stakeholders, ZeroAvia seeks to revolutionize the aviation industry through cleaner and more efficient flight options. Their powertrain utilizes a hydrogen fuel-cell system in limited-seat fixed-wing aircraft, which not only reduces emissions but also allows for the use of existing infrastructure, thus simplifying regulatory challenges and lowering both fuel and maintenance costs for aviation companies.

Documaster

Venture Round in 2021
Documaster is an information governance and archiving platform that assists organizations in capturing, processing, preserving, and instantly accessing their valuable data through a single application. Founded in January 2014 as a spin-off from NorseLAB, Documaster developed a records management kernel tailored for the public sector in Norway and became the first company to offer an independent kernel certified by the National Archives of Norway. The company has since expanded its focus to the private sector and currently operates in multiple cities across two countries. With a clientele that includes over 450 government agencies, Documaster aims to reduce unnecessary costs and streamline workflows in both public and private sectors. Additionally, it seeks to revitalize valuable records stored in legacy systems by ensuring they are organized in standard structures, making them accessible and usable for years to come.

Holdbart

Acquisition in 2021
Holdbart is a retailer focused on reducing food waste by offering surplus food items that suppliers cannot sell to traditional grocery stores. The company sources products that are near or just past their best-before dates, overproduced, or packaged in ways that make them inconvenient for conventional retailers. By providing these products at discounted prices, Holdbart enables customers to access affordable food while simultaneously promoting environmental sustainability. This approach not only helps consumers save money but also contributes to the larger goal of minimizing food waste.

ZeroAvia

Series A in 2021
ZeroAvia, Inc. is a company focused on developing zero-emission aircraft for commercial short-haul flights. Established in 2017 and headquartered in Hollister, California, with an office in Cranfield, United Kingdom, ZeroAvia specializes in hydrogen-electric propulsion systems. These systems are designed to eliminate aviation emissions while ensuring operational efficiency. The company aims to provide scalable technologies that can retrofit existing aircraft, thereby facilitating a transition to sustainable aviation. By collaborating with various stakeholders, ZeroAvia seeks to revolutionize the aviation industry through cleaner and more efficient flight options. Their powertrain utilizes a hydrogen fuel-cell system in limited-seat fixed-wing aircraft, which not only reduces emissions but also allows for the use of existing infrastructure, thus simplifying regulatory challenges and lowering both fuel and maintenance costs for aviation companies.

ZeroAvia

Series A in 2020
ZeroAvia, Inc. is a company focused on developing zero-emission aircraft for commercial short-haul flights. Established in 2017 and headquartered in Hollister, California, with an office in Cranfield, United Kingdom, ZeroAvia specializes in hydrogen-electric propulsion systems. These systems are designed to eliminate aviation emissions while ensuring operational efficiency. The company aims to provide scalable technologies that can retrofit existing aircraft, thereby facilitating a transition to sustainable aviation. By collaborating with various stakeholders, ZeroAvia seeks to revolutionize the aviation industry through cleaner and more efficient flight options. Their powertrain utilizes a hydrogen fuel-cell system in limited-seat fixed-wing aircraft, which not only reduces emissions but also allows for the use of existing infrastructure, thus simplifying regulatory challenges and lowering both fuel and maintenance costs for aviation companies.

Sengenics

Acquisition in 2020
Sengenics is a functional proteomics company that leverages its patented KREX™ technology for production of full-length, correctly folded and functional proteins. KREX™ was invented and patented by Professor Jonathan Blackburn whilst he was a member of the faculty at the University of Cambridge. Jonathan is the CSO of Sengenics. The key application of KREX™ is the discovery of autoantibody biomarkers for two core medical use cases. Firstly, stratification of patients undergoing treatment with autoimmune or cancer drugs into responders, non-responders and those that may exhibit severe immune-related adverse events. Secondly, identification of autoantibody biomarkers that may be used to diagnose cancer, autoimmune or neurodegenerative conditions years before conventional diagnostic tests.

Documaster

Venture Round in 2020
Documaster is an information governance and archiving platform that assists organizations in capturing, processing, preserving, and instantly accessing their valuable data through a single application. Founded in January 2014 as a spin-off from NorseLAB, Documaster developed a records management kernel tailored for the public sector in Norway and became the first company to offer an independent kernel certified by the National Archives of Norway. The company has since expanded its focus to the private sector and currently operates in multiple cities across two countries. With a clientele that includes over 450 government agencies, Documaster aims to reduce unnecessary costs and streamline workflows in both public and private sectors. Additionally, it seeks to revitalize valuable records stored in legacy systems by ensuring they are organized in standard structures, making them accessible and usable for years to come.

EcoOnline

Private Equity Round in 2020
EcoOnline AS is a leading provider of software solutions focused on chemical documentation and environmental, health, and safety (EHS) management in the Nordic countries. The company develops an integrated platform that enhances workplace safety and compliance by offering real-time monitoring and reporting capabilities. This technology allows industries to streamline their safety protocols and improve risk management, ensuring both a safer work environment and adherence to regulatory requirements.

Documaster

Venture Round in 2019
Documaster is an information governance and archiving platform that assists organizations in capturing, processing, preserving, and instantly accessing their valuable data through a single application. Founded in January 2014 as a spin-off from NorseLAB, Documaster developed a records management kernel tailored for the public sector in Norway and became the first company to offer an independent kernel certified by the National Archives of Norway. The company has since expanded its focus to the private sector and currently operates in multiple cities across two countries. With a clientele that includes over 450 government agencies, Documaster aims to reduce unnecessary costs and streamline workflows in both public and private sectors. Additionally, it seeks to revitalize valuable records stored in legacy systems by ensuring they are organized in standard structures, making them accessible and usable for years to come.

Olink

Acquisition in 2019
Olink Holding AB is a company dedicated to accelerating proteomics together with the scientific community, across multiple disease areas to enable new discoveries and improve the lives of patients. Olink provides a platform of products and services which are deployed across major biopharmaceutical companies and leading clinical and academic institutions to deepen the understanding of real-time human biology and drive 21st century healthcare through actionable and impactful science.

Metry

Venture Round in 2019
Metry is a global directory where energy users, suppliers, and applications and service providers can upload, connect, share, and access energy data. It helps energy consumers to discover potential energy savings in buildings, businesses and households. It independently collects electricity, heat, cooling, gas and water data from 100+ utilities and other energy data sources all over Sweden and provides the data to large corporations and energy users including ICA, Axfood, and Schneider electric. The platform also distributes hourly values from 150 000+ meters on behalf of utilities. The data can then be accessed through a web based API allowing plug and play integration with all leading BEMS (Building Energy Management Systems) and other third party energy service applications and providers.

Logex

Acquisition in 2018
Logex is a provider of data analytics aimed at enhancing healthcare for medical professionals. The company specializes in transforming data into actionable insights, allowing for the analysis of financial performance and management information. This capability helps clients make informed decisions, ultimately leading to improved health outcomes for patients while simultaneously reducing costs. By focusing on cost control and streamlining operations, Logex seeks to maximize both operational and financial performance in the healthcare sector.

Lakers Holding

Acquisition in 2018
Lakers consists of a dedicated group of people who all have a background in the Water and Wastewater Industry, with a strong commitment to issues concerning the environment and water management characterizes the company. Lakers combine the small entrepreneurial spirit, with structure and professionalism of a larger group, in order to give its customers even greater services to ensure top quality and customer satisfaction.

HyTest

Acquisition in 2018
HyTest Ltd. is a manufacturer of monoclonal antibodies and antigens, primarily serving the In Vitro Diagnostic (IVD) industry. Established in 1994 and located in Turku, Finland, the company specializes in developing products for various clinical areas, including cardiac markers, infectious diseases, and metabolic syndrome, as well as veterinary diagnostics. HyTest offers innovative solutions for assay development and research applications, providing a range of products such as antibodies, antigens, and biomarkers. By focusing on research and development, HyTest enables its clients to deliver accurate testing solutions across diverse healthcare sectors.

Norsk Gjenvinning

Acquisition in 2017
Norsk Gjenvinning is a recycling company that provides a comprehensive array of sustainable waste management solutions aimed at environmental preservation. The firm collaborates with businesses, industries, and local authorities throughout the country to offer services such as waste collection, recycling, and the handling of hazardous waste. Additionally, it specializes in the recycling of ferrous and non-ferrous metals and offers demolition services. By focusing on environmentally sustainable practices, Norsk Gjenvinning supports the efficient demolition and restoration of buildings and infrastructure, contributing to a greener economy.

Milarex

Acquisition in 2017
Milarex began operating in 2016 and currently produces around 5,500 tons of smoked salmon products a year. These are made mainly from salmon from Norway, where the business will establish a new head office. Milarex has been profitable since beginning its operations and expects revenues of €100m for 2017.

EcoOnline

Private Equity Round in 2017
EcoOnline AS is a leading provider of software solutions focused on chemical documentation and environmental, health, and safety (EHS) management in the Nordic countries. The company develops an integrated platform that enhances workplace safety and compliance by offering real-time monitoring and reporting capabilities. This technology allows industries to streamline their safety protocols and improve risk management, ensuring both a safer work environment and adherence to regulatory requirements.

EcoOnline

Acquisition in 2017
EcoOnline AS is a leading provider of software solutions focused on chemical documentation and environmental, health, and safety (EHS) management in the Nordic countries. The company develops an integrated platform that enhances workplace safety and compliance by offering real-time monitoring and reporting capabilities. This technology allows industries to streamline their safety protocols and improve risk management, ensuring both a safer work environment and adherence to regulatory requirements.

Lin Education

Acquisition in 2017
Lin Education is a Swedish Education Technology company founded in 2007 as distributor of IT hardware (i.e. computers, laptops, tablets) to Swedish schools. The Company has since also expanded into segments for digital content, training and supplementary services for a digital learning environment.

Sortera

Acquisition in 2016
Sortera is an environmental company based in Sweden, specializing in waste management and disposal services for both businesses and individuals. The company operates in three primary areas: Recycling, Industry, and Trading. Sortera focuses on processing various types of heavy waste, providing services such as analysis, sampling, recycling, and waste treatment. By offering these services, Sortera enables its clients across the Nordic Region to create environmentally friendly spaces. The company is recognized as a leading and specialized player in construction and waste disposal in Sweden, supported by a team of skilled professionals dedicated to promoting sustainability.

Kiona

Acquisition in 2016
Kiona is a PropTech platform that enables stakeholders to optimize resource efficiency while reducing emissions from buildings
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