Helix Kapital

About Helix Kapital

Helix Kapital is a Swedish independent growth-equity and lower-mid-market buyout firm founded in 2008 and headquartered at Kungsgatan 9 in Stockholm. The firm operates as an independent, partner-owned general partner without corporate or family-office anchor limited partners, raising capital from third-party institutional limited partners across multiple closed-end fund vehicles. Helix Kapital has raised three institutional funds to date: Helix Kapital I (2008 vintage, growth-equity Nordic focus), Helix Kapital II (vintage circa 2015) and Helix Kapital Fund III, which closed oversubscribed at its hard cap of SEK 1.566 billion (approximately €138 million at December 2024 rates) in April 2024. Aggregate publicly disclosed assets under management across the three fund vintages is approximately SEK 2.5 to 3 billion (approximately €220 to €260 million). The Fund III limited partner base includes leading global financial institutions plus a commitment from the European Investment Fund and European Investment Bank under the InvestEU envelope. Fund III is classified as an Article 8 SFDR fund.

Investment thesis

Helix Kapital targets growth-oriented buyout investments in Nordic small-to-mid-cap businesses, with a clear preference for tech-enabled businesses that specialise in the modernisation of traditional industries and a thematic emphasis on industrial innovation, sustainability and digital transformation. Sector focus spans industrial services, technology and software, construction technology, consumer and lifestyle, education and training, and environmental and recycling solutions. Geographic scope is the Nordics covering Sweden, Norway, Finland and Denmark. Helix targets companies with proven and profitable business models, typically with EBITDA in the low single-digit-million euro range and growth trajectories above GDP. The firm explicitly avoids contested auctions and instead emphasises outbound sourcing and bilateral processes, operationalised through a buy-and-build approach. Value creation is delivered through operational partnership with founders and management teams, accelerated buy-and-build strategies and digital-transformation upgrades.

Recent activity

Recent active portfolio investments include Solidenergy in energy services (February 2026), Trinax in workforce-management software (2024), Lucky Bowl in entertainment and leisure (2023 to 2024 with add-on Bowling 1 in January 2024), Xamera in industrial services (December 2023), Recycling Partner in waste management (2023), Sacpro in industrial services, Member24 in membership software, NCS Colour in colour systems, Revivo Group in consumer and wellness, L5 Navigation Systems and VisionSense Technologies. Disclosed recent exits include Spring Media Group in sports media rights (2024), Heda Security in perimeter security (2023) and Holms Attachments in road maintenance equipment (2023).

Frequently asked questions

What investment strategy does Helix Kapital focus on?

Helix Kapital focuses on Buyout, Growth strategies in the private equity space.

How many portfolio companies does Helix Kapital have?

Helix Kapital has 12 active portfolio companies and 7 completed exits and 3 funds tracked on GP Intel.

Where is Helix Kapital headquartered?

Helix Kapital is headquartered in Stockholm, Sweden.

When was Helix Kapital founded?

Helix Kapital was founded in 2008.

What sectors does Helix Kapital invest in?

Helix Kapital invests across Industrials, Consumer, Software, Business Services.

What are Helix Kapital's recent exits?

Recent realized exits by Helix Kapital include: Spring Media (2024) to Two Circles; Heda Security (2023) to EMK Capital (Garda Group); Holms Attachments (2023) to Ejendal Invest; Puregas Solutions (2017) to Wartsila; Purac (2015) to SDIC & Beijing Drainage Investment Fund; Löplabbet (2014) to Intersport; Läckeby Products (2013) to Famax AB.