Stockholm, SwedenAmplio is a Stockholm-based Nordic lower-mid-market control buyout firm, the February 2024 rebrand and continuation of the Segulah buyout group founded in 1994, investing in B2B business services and IT and technology services companies with enterprise values of roughly SEK 100-500m using a professionalisation and buy-and-build model. It manages Amplio II, Amplio I and the legacy Segulah V fund.
Amplio is a Stockholm buyout firm with 6 active companies and 3 exits.
- ·3 exits in the last 5 years · consistent DPI cadence.
- ·Average hold across 3 realized deals: 4 years.
- ·Fund cadence: ~5Y between vintages · last raise 2025.
Sector breakdown
9 companiesKey facts
Recent exits
Amplio sold Selatek to IK Partners in 2026 after 5 years.
Amplio sold Multisoft to SEB Private Equity in 2026 after 5 years.
Coverage notes
3 funds tracked, 9 portfolio companies (6 active · 3 realized). Verified weekly from public filings and deal announcements.
Funds & portfolio
Every fund Amplio has raised, with its portfolio companies. Hand-checked from public filings.
Amplio IIHarvestingBuyout20251 assetsBuyout2025 · 1yr–1–
Unrealized
1 held| Company | Entry |
|---|---|
| Scandinavian Recruitment Intelligence Business Services · Sweden | 2025 |
Amplio IHarvestingBuyout20212 assets1 exitsBuyout2021 · 5yr–21
Segulah VHarvestingBuyout2015€257M3 assets2 exitsBuyout2015 · 11yr€257M32
Unrealized
3 held| Company | Entry |
|---|---|
| Hermes Medical Solutions HealthTech · Sweden | 2016 |
| IT-Total IT Services · Sweden | 2019 |
| Pelly Group Consumer · Sweden | 2018 |
About Amplio
Amplio Private Equity AB is a Swedish independent lower-mid-market private equity firm headquartered in Stockholm. The firm was established in 2024 as the rebranded successor to the long-running Swedish PE house Segulah, with the entire senior Segulah investment team transitioning under the Amplio brand. While the Amplio brand is new, the underlying team has invested together for more than ten years and is responsible for managing the Segulah V fund (continued under the Amplio platform) alongside the newly raised Amplio I fund. The firm currently manages two active vehicles: Segulah V (2014 vintage, original Segulah Advisor commitment, in harvest mode) and Amplio I (2024 vintage, the inaugural fund under the Amplio brand). Together the platform has historically deployed across 156 transactions including 53 realised exits over the broader Segulah-Amplio lineage. Assets under management as of December 2024 are not publicly disclosed, with industry estimates placing active investable capital under the Amplio platform at several hundred million euros.
Investment thesis
Amplio targets control investments in Nordic lower-mid-market B2B companies with enterprise values typically in the SEK 100 to 500 million range (approximately €9 to €46 million). Sector focus is sharply defined around two verticals: Technical Services and Maintenance covering industrial services, refrigeration, building systems, security and electrical installation, and IT and Technology Services covering cloud, low-code platforms, IT infrastructure and medical imaging software. Geographic scope is Nordic covering Sweden, Denmark, Norway and Finland with Sweden as the operational core. The investment strategy is anchored in two repeatable plays: professionalisation, upgrading governance, finance, commercial and operational functions in entrepreneur-owned platforms, and buy-and-build consolidation, with the Segulah-Amplio team having executed 80-plus add-on acquisitions across Nordic platforms. Three thematic lenses guide deployment: Sustainable Solutions, Digital Business Efficiency and Smart Urbanisation. Value creation is delivered through hands-on operating engagement, M&A-led platform scaling and Nordic sector network access.
Recent activity
Recent investments include S R Intelligence in business services and regulatory compliance (2025), Tedge in energy services and technical services (2023), Co-native in IT and technology services covering cloud (2022) and SELATEK in technical services covering security and electrical installation (2021). Recent exits include Multisoft in IT and technology services (2026), Francks Kylindustri in technical services covering refrigeration (2025), NVBS in technical services (2022) and Sandbäckens in technical services (2021). The platform continues to deploy Amplio I across Nordic lower-mid-market B2B technical services and IT services, with active buy-and-build M&A across platform investments.
Frequently asked questions
- What investment strategy does Amplio focus on?
- Amplio focuses on Buyout strategies in the private equity space.
- How many portfolio companies does Amplio have?
- Amplio has 6 active portfolio companies and 3 completed exits and 3 funds tracked on GP Intel.
- Where is Amplio headquartered?
- Amplio is headquartered in Stockholm, Sweden.
- When was Amplio founded?
- Amplio was founded in 1994.
- What sectors does Amplio invest in?
- Amplio invests across Business Services, Software, Industrials.
- What are Amplio's recent exits?
- Recent realized exits by Amplio include: SELATEK (2026) to IK Partners; Multisoft (2026) to SEB Private Equity; NVBS (2022) to Ratos.
Similar firms
Other private equity firms tracked on GP Intel.
