Table of Contents
1. Introduction
This report gives an in-depth analysis of the Nordic private equity market in 2023, covering investments, exits, and fundraising activities in the venture and buyout segment.
Argentum started to systematically examine the Nordic private equity market in 2008, and our long-term data is a useful source to understand the current trends in a historic perspective.
Thank you
The report also features interviews with several fund managers and experts from the industry, who share their insights and expectations. Many thanks to Stefan Lambert, Joakim Karlsson and Mattias Ericsson at Helix Kapital, Lars Dybkjær at Gro Capital, Rebecca Farr and Fredrik Gyllenhammar Raaum at Norvestor, Jessica Schultz at Northzone, and Torkild Hebbert Haukaas at Equip for their contributions to this report.
A special thanks to Jan Inge Pedersen at Kabal and Tor Erling Gunnerød at Norvestor for letting us portray the Norwegian tech-company Kabal and their journey growing from a regional player to now offering the world’s leading software solution for energy industry logistics.
Please read more about the definitions used in this report in chapter 14.
Disclaimer:
This report has been produced for information purposes only and is not to be treated as investment advice. No representation is made, or assurance given, as to any opinions, projections, forecasts, etc. provided in this report. Investment figures are calculated from equity value and exclude add-on investments. The number of exits excludes write-offs. Only Nordic companies listed on the main stock exchanges are included in IPO figures. Sources: Argentum’s data, Argentum’s estimates, public information and interviews with selected fund managers and industry experts.