Nordic Capital

Ellos Group is an online retailer based in the Nordics, specializing in sustainable fashion and home furnishings for families. The company operates several well-known brands, including Ellos, Jotex, Stayhard, and Homeroom, offering a diverse range of products that encompass clothing, accessories, home decor, and furniture. By catering to customers in Europe, Russia, and the Nordic countries, Ellos Group employs a multi-channel approach that includes purchases, logistics, data analysis, and customer service. The company sources its products through selected agents, importers, and manufacturers across various regions, ensuring a broad selection for its clientele.

Qred Holding Ab, founded in 2015 and based in Stockholm, Sweden, provides small business loans to SMEs across Sweden, Finland, Denmark, the Netherlands, Belgium, and Norway. The company operates a tech-enabled platform that streamlines the financing process through an automated credit system and advanced data processing technology. This innovative approach allows businesses to access loans quickly and efficiently for growth and operational needs. Qred has gained recognition as a market leader in Northern Europe, having assisted over 50,000 businesses and contributing to the creation of more than 40,000 new jobs. The company has also earned accolades, including a spot on the Financial Times list of Europe’s fastest-growing companies for four consecutive years and the Nordic Scaleup Award in 2024.

Ellos Group is an online retailer based in the Nordics, specializing in sustainable fashion and home furnishings for families. The company operates several well-known brands, including Ellos, Jotex, Stayhard, and Homeroom, offering a diverse range of products that encompass clothing, accessories, home decor, and furniture. By catering to customers in Europe, Russia, and the Nordic countries, Ellos Group employs a multi-channel approach that includes purchases, logistics, data analysis, and customer service. The company sources its products through selected agents, importers, and manufacturers across various regions, ensuring a broad selection for its clientele.

Qred Holding Ab, founded in 2015 and based in Stockholm, Sweden, provides small business loans to SMEs across Sweden, Finland, Denmark, the Netherlands, Belgium, and Norway. The company operates a tech-enabled platform that streamlines the financing process through an automated credit system and advanced data processing technology. This innovative approach allows businesses to access loans quickly and efficiently for growth and operational needs. Qred has gained recognition as a market leader in Northern Europe, having assisted over 50,000 businesses and contributing to the creation of more than 40,000 new jobs. The company has also earned accolades, including a spot on the Financial Times list of Europe’s fastest-growing companies for four consecutive years and the Nordic Scaleup Award in 2024.

Boost.ai is a company that specializes in enterprise-grade conversational artificial intelligence (AI), offering a highly scalable platform designed to automate customer service and internal support functions. Its proprietary self-learning AI technology provides a no-code solution that is quick to deploy and user-friendly. The platform can handle an unlimited number of intents while maintaining a resolution rate exceeding 90 percent. This capability allows virtual agents created with Boost.ai's technology to manage thousands of interactions daily for major clients such as Telenor, DNB, and Silvercar by Audi. Headquartered in Stavanger, Norway, Boost.ai also has offices in Los Angeles, Oslo, Stockholm, and Copenhagen, underscoring its international presence in the AI-driven customer consulting market.

Sambla Group consists of Sambla, Advisa, and Rahalaitos and is one of the Nordic region's comparison platforms for personal finance.

Signicat is a leading digital identity service provider based in Europe, specializing in electronic identity and electronic signature solutions. Established in 2006, the company offers cloud-based identity management services that cater to both public and private sectors globally. Signicat's solutions are designed to meet stringent international standards, including privacy regulations and anti-money laundering requirements, while facilitating effective onboarding processes. Its advanced services enable secure user authentication, electronic signing, identity proofing, and document preservation, making them essential for banks, financial institutions, insurance companies, government agencies, and businesses of all sizes. With a commitment to delivering exceptional user experiences, Signicat utilizes advanced security technology to minimize risks. The company operates in multiple countries, including the UK, Germany, the Netherlands, Portugal, Denmark, Sweden, Finland, and Norway, providing scalable and reliable services backed by banking-grade service level agreements.

Signicat is a leading digital identity service provider based in Europe, specializing in electronic identity and electronic signature solutions. Established in 2006, the company offers cloud-based identity management services that cater to both public and private sectors globally. Signicat's solutions are designed to meet stringent international standards, including privacy regulations and anti-money laundering requirements, while facilitating effective onboarding processes. Its advanced services enable secure user authentication, electronic signing, identity proofing, and document preservation, making them essential for banks, financial institutions, insurance companies, government agencies, and businesses of all sizes. With a commitment to delivering exceptional user experiences, Signicat utilizes advanced security technology to minimize risks. The company operates in multiple countries, including the UK, Germany, the Netherlands, Portugal, Denmark, Sweden, Finland, and Norway, providing scalable and reliable services backed by banking-grade service level agreements.

Macrobond Financial AB, founded in 2008 and headquartered in Malmö, Sweden, develops a software application that provides a comprehensive financial and economic database. The company serves a diverse clientele, including banks, investment banks, hedge funds, corporations, asset managers, and universities. Through its SaaS-based platform, Macrobond combines extensive macroeconomic and financial time series data from various sources with user-friendly tools for analysis and data visualization. This enables clients to create professional charts and reports efficiently, significantly reducing the time and effort required for maintaining and updating publications.

Macrobond Financial AB, founded in 2008 and headquartered in Malmö, Sweden, develops a software application that provides a comprehensive financial and economic database. The company serves a diverse clientele, including banks, investment banks, hedge funds, corporations, asset managers, and universities. Through its SaaS-based platform, Macrobond combines extensive macroeconomic and financial time series data from various sources with user-friendly tools for analysis and data visualization. This enables clients to create professional charts and reports efficiently, significantly reducing the time and effort required for maintaining and updating publications.

Ole & Steen is a premium bakery and food-service chain in Denmark with 70 stores and a growing presence in the UK.

NOBA Bank Group, based in Stockholm, Sweden, functions as a 'bank of banks,' delivering a diverse array of financial services. The group includes three prominent brands, such as Nordax Bank and Bank Norwegian, which collectively serve over 1.7 million customers. NOBA Bank Group specializes in offering large, long-duration personal loans, mortgages, credit cards, and deposit services, along with unsecured consumer loans and insurance products. Its mission centers on promoting healthy financial practices among individuals in Northern Europe, empowering clients to effectively plan and manage their investments and savings.

Nordnet Bank is an online commercial bank headquartered in Stockholm, Sweden, with operations in Sweden, Norway, Denmark, and Finland. Established in 1996, the bank focuses on providing a range of investment, saving, and lending services. It offers investment solutions including shares, mutual funds, derivatives, warrants, and bonds. On the lending side, Nordnet provides unsecured personal loans and margin lending, allowing customers to borrow against their investment portfolios to enhance their investment opportunities. Additionally, Nordnet offers mortgage services and pension savings across the Nordic countries. As a subsidiary of NNB Intressenter, Nordnet Bank operates in a market primarily dominated by traditional banks and pension companies.

Lindorff Group is a leading European provider of credit-driven services, specializing in information services, debt collection, invoicing, and the purchase of debt portfolios. Headquartered in Oslo, Norway, the company operates across 11 countries and employs approximately 3,000 people. Lindorff focuses on delivering comprehensive solutions for managing credit and financial risks, making it a preferred expert in its field. The company reported net revenue of €500 million in 2012 and is jointly owned by Altor and Investor AB. Through its diverse range of services, Lindorff supports businesses in optimizing their financial operations and improving cash flow.

Unifeeder A/S is a logistics company based in Aarhus, Denmark, that specializes in freight transportation solutions across Northern Europe. Established in 1977, it operates one of the largest and best-connected networks for container transportation in the region, offering shortsea services that integrate seaborne transportation with road and rail for flexible door-to-door solutions. Unifeeder's services include multimodal transport solutions and feeder services, designed to simplify supply chain management for its clients. The company is recognized for its efficient and sustainable transport solutions, which provide a competitive edge in the logistics sector. Unifeeder A/S is a subsidiary of DP World PLC.

Teleresurs i Sverige AB is a Swedish company that specializes in providing contact center services. Its offerings include customer service, order reception, and sales promotion, as well as telemarketing services. The company focuses on enhancing customer interactions and streamlining communication for businesses, ensuring efficient handling of inquiries and orders.

Reda Inkasso is a Swedish company specializing in debt collection and related financial services. It caters to both small and medium enterprises as well as individual clients, offering solutions to manage and recover outstanding debts efficiently. With a focus on addressing the financial needs of its customers, Reda Inkasso aims to simplify the debt recovery process, ensuring that clients can maintain healthy financial operations.

Resurs Bank is a leading player in consumer finance, primarily serving the retail sector. Headquartered in Helsingborg, Sweden, the bank provides a diverse array of financial services, including payment solutions, factoring, gift cards, and various borrowing and savings options. Additionally, Resurs Bank offers credit card services, catering to the financial needs of both individual consumers and retail businesses.

Sportmaster is Denmark's largest sports chain with more than 110 stores and more than 1,000 employees spread across the country.

Europris AS is a prominent Norwegian discount store chain that began with its first location in Stavanger in 1992. Over the years, it has expanded to more than 225 stores across Norway, with a growth rate of approximately 10 new stores annually. Approximately 30% of these stores are franchise-owned, while the remaining 70% are company-owned. The company offers a wide range of products, including home and kitchen items, groceries, clothing, electronics, and personal care products, primarily focusing on private-label and branded merchandise. Europris emphasizes cost efficiency by sourcing around 86% of its products from wholesalers and directly from manufacturers in large quantities, which helps maintain low prices for consumers. The company's headquarters and central warehouse are located in Fredrikstad, employing over 250 staff to manage operations and logistics. Europris has become one of Norway's most recognized brands, with over 90% of the population familiar with its offerings.

Munters Group AB specializes in energy-efficient air treatment and climate control solutions, primarily serving the food, pharmaceutical, and data center industries. Established in 1955, the company has developed a reputation for innovative technologies that create optimal environments for its diverse clientele. Munters operates through three main segments: AirTech, Data Center Technologies, and FoodTech. The AirTech segment is the largest, focusing on products and solutions designed to manage humidity and enhance indoor climate conditions. The company's revenue is predominantly generated in the United States, with additional contributions from markets such as China, Germany, the United Kingdom, Canada, and Sweden.

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.

EG A/S provides IT solutions in Denmark and internationally. The company provides consultancy and programming services. It also develops knowledge based solutions in the form of administrative case work tools for Danish local authorities. The company’s ERP systems include Dynamics AX, Dynamics NAV, Dynamics C5, XAL, Infor M3 (Movex), ASPECT4, and SAP. In addition, it provides business consulting services on business intelligence, budgeting and consolidation, CRM, mobile solutions, organization development, portals and document management, process optimization, and business analytics; and public administration, citizen service, and case management solutions.

Atos Medical, founded in 1986, specializes in manufacturing therapeutic devices aimed at enhancing the quality of life for laryngectomized patients. The company produces a range of products, including voice prosthetics, pulmonary rehabilitation devices, adhesives, laryngectomy tubes, and hands-free speaking devices. With its headquarters in Sweden, Atos Medical operates a state-of-the-art clean room and laboratory to support research and development. The company has established a significant international presence, with subsidiaries in multiple countries, including the USA, UK, Germany, Spain, the Netherlands, Belgium, Sweden, and Switzerland, along with exclusive distributors in around 60 countries.

Cloetta AB is a leading confectionery manufacturer based in Northern Europe, specializing in a wide range of products including sugar confectionery, chocolate, pastilles, and chewing gum. The company serves both local and international markets, with a presence in over fifty countries, particularly focusing on Sweden, Finland, Denmark, Norway, the Netherlands, Germany, and the UK. Cloetta's diverse brand portfolio features well-known names such as Lakerol, CandyKing, Jenkki, Kexchoklad, Malaco, Sportlife, and Red Band. The company operates approximately seven production units across five countries, enabling it to efficiently produce and distribute its confectionery offerings.

Bufab AB is a trading company that specializes in providing comprehensive supply chain solutions for C-Parts, which include components such as screws, nuts, and washers. The company focuses on sourcing, quality control, and logistics, aiming to enhance productivity in the value chain of its clients. Bufab serves a diverse range of industries, including telecommunications, automotive, furniture, offshore, refining, and construction. Geographically, its operations are divided into several regions, encompassing Northern Europe (including Sweden, Finland, Norway, and Denmark), Western Europe (including France, the Netherlands, and Germany), Eastern Europe (covering countries like Poland and Hungary), as well as the UK and North America. Bufab's Global Parts Productivity™ initiative is designed to optimize the efficiency of its customers' supply chains.