MVI Advisors

About MVI Advisors

MVI Advisors AB is an independent Swedish lower mid-market private equity manager headquartered at Engelbrektsplan 2 in Stockholm. The firm roots trace to a Stockholm network of private investors dating to 1992, but the institutional management company MVI Advisors AB has operated since 2011 under partners Stefan Karlsson and Daniel Nilsson. Assets under management stand at approximately SEK 3.6 billion (approximately €320 million) across three active fund vintages: MVI Fund I (2014 vintage, SEK 478 million), MVI Fund II (2021 vintage, SEK 1.1 billion final close) and MVI Fund III (closed April 2025 at SEK 2 billion hard cap). At December 2024 reference date, AUM stood at approximately SEK 1.6 billion (€140 million) on Funds I and II combined, with Fund III then in active fundraising. The structure is an independent Swedish AB acting as advisor and general partner to three Nordic buyout funds. There are three fund vehicles in total.

Investment thesis

MVI Advisors pursues lower mid-market control-equity buyouts in the Nordic region with a buy-and-build orientation. The firm takes majority or significant minority positions in profitable, asset-light, founder-led businesses with cash-generative unit economics and identifiable add-on acquisition pipelines. The firm describes itself as a growth equity and buyout investor and positions on three thematic megatrends rather than vertical sectors: digitalisation, circularity and societal transformation covering urbanisation, demographic change and sustainability. Sector focus is sector-agnostic in formal mandate with active sub-sector exposure to environmental and sustainability services, industrial services, business services, distribution, food and consumer products. Recent platform-building is concentrated in environmental advisory through the Ametalis platform. Geographic scope is pan-Nordic with strong Sweden tilt. Ticket size is not formally disclosed; inferred fund-size mathematics implies equity tickets in the SEK 80 to 250 million (€7 to €22 million) range. The Fund III limited partner base broadened with Ingka Investment and Saga Private Equity alongside a diversified mix of EU and US blue-chip institutional investors plus local Nordic family offices.

Recent activity

Recent portfolio investments include Ametalis Group in environmental consulting services (2025), Envima in environmental services (2025 Ametalis bolt-on), Westberg Vibrations- och Omgivningskontroll in environmental services (2025 Ametalis bolt-on) and Natur og Samfunn in environmental services (2025 Ametalis bolt-on). Recent exits include PS Auction in business services and online auctions (2022) and Linda Jc in beauty and consumer products (2025). The platform continues to deploy across Nordic lower mid-market control-equity buyouts with a buy-and-build orientation. The Fund III SEK 2 billion vehicle (closed April 2025) provides significant deployment capacity through the 2025 to 2030 investment window. Detailed buyer names and multiple data available on Pro at €49/month.