Procuritas Capital Investors
Stockholm, SwedenProcuritas is one of the oldest Nordic private equity houses, founded in 1986 by entrepreneur Mikael Ahlstrom and a pioneer of Nordic management buyouts. It makes majority small and mid-market buyouts of Nordic SMEs across industrials, consumer, healthcare, IT and services, investing through its PCI fund series.
Procuritas Capital Investors is a Stockholm buyout firm with 16 active companies and 41 exits.
- ·9 exits in the last 5 years · consistent DPI cadence.
- ·Average hold across 41 realized deals: 5 years.
- ·Fund cadence: ~5Y between vintages · last raise 2022.
Sector breakdown
57 companiesGeography breakdown
5 geographiesKey facts
Recent exits
Procuritas Capital Investors sold Netcontrol to ABB in 2026 after 8 years.
Procuritas Capital Investors sold SEM to PHINIA in 2025 after 9 years.
Procuritas Capital Investors took Pierce public in 2024 after 10 years.
Procuritas Capital Investors sold Byens Bilpleje to Management in 2022 after 4 years.
Coverage notes
7 funds tracked, 57 portfolio companies (16 active · 41 realized). Verified weekly from public filings and deal announcements.
Funds & portfolio
Every fund Procuritas Capital Investors has raised, with its portfolio companies. Hand-checked from public filings.
PCI VIISmall-Mid Buyout2022€407M7 assetsSmall-Mid Buyout2022 · 4yr€407M7–
Unrealized
7 held| Company | Entry |
|---|---|
| Energima Business Services · Norway | 2024 |
| Nordic Biomarker Healthcare · Sweden | 2022 |
| Parkman Business Services · Sweden | 2025 |
| Precision BioLogic Healthcare · Canada | 2024 |
| PropTech Real Estate · Sweden | 2023 |
| Werksta Business Services · Sweden | 2022 |
| weselect HR Tech · Sweden | 2022 |
PCI VIHarvestingSmall-Mid Buyout2017€318M8 assets4 exitsSmall-Mid Buyout2017 · 9yr€318M84
Unrealized
8 held| Company | Entry |
|---|---|
| Cutters Consumer · Norway | 2019 |
| DSI Dantech Industrials · Denmark | 2017 |
| Frendy IT Services · Finland | 2021 |
| Lassenteret Business Services · Norway | 2020 |
| Medtanken Group Healthcare · Sweden | 2021 |
| Nature Planet Consumer · Denmark | 2019 |
| Polarn O. Pyret Consumer · Sweden | 2021 |
| Strandberg Consumer · Sweden | 2021 |
Realized
4 exits| Company | Entry | Exit | Type | Buyer | MOIC |
|---|---|---|---|---|---|
| Byens Bilpleje Business Services · Denmark | 2018 | 2022 | MBO | Management | – |
| Netcontrol Energy · Finland | 2018 | 2026 | Trade Sale | ABB | – |
| Ouriginal EdTech · Sweden | 2018 | 2021 | Trade Sale | Turnitin | – |
| Temporary Space Nordics Construction · Sweden | 2018 | 2020 | Trade Sale | Algeco | – |
PCI VRealizedSmall-Mid Buyout2012€200M0 assets7 exitsSmall-Mid Buyout2012 · 14yr€200M07
Realized
7 exits| Company | Entry | Exit | Type | Buyer | MOIC |
|---|---|---|---|---|---|
| Dantherm Group Industrials · Denmark | 2016 | 2021 | Secondary | DBAG Fund VIII | – |
| Duett Software · Norway | 2015 | 2019 | Secondary | Accel-KKR | – |
| Fidelix Industrials · Finland | 2014 | 2021 | Trade Sale | Assemblin | – |
| Global Scanning TMT · Denmark | 2013 | 2021 | Secondary | Riddargatan SPV | – |
| Pierce E-commerce · Sweden | 2014 | 2024 | IPO | Siba Invest AB and other investors | – |
| SEM Mobility · Sweden | 2016 | 2025 | Trade Sale | PHINIA | – |
| Sofacompany Consumer · Denmark | 2017 | 2021 | Trade Sale | Larsen Larsen Group | – |
PCI IVHarvestingSmall-Mid Buyout2008€139M1 assets9 exitsSmall-Mid Buyout2008 · 18yr€139M19
Unrealized
1 held| Company | Entry |
|---|---|
| Team Olivia Healthcare · Sweden | 2008 |
Realized
9 exits| Company | Entry | Exit | Type | Buyer | MOIC |
|---|---|---|---|---|---|
| Dackia (second buyout) Business Services · Sweden | 2009 | 2012 | Trade Sale | Pirelli | – |
| Farma Holding Pharma · Norway | 2011 | 2020 | MBO | Management and PK Partners | – |
| Gram Equipment Industrials · Denmark | 2010 | 2018 | Secondary | FSN Capital | – |
| King Oscar Consumer · Norway | 2010 | 2014 | Trade Sale | Thai Union | – |
| Oral Care Healthcare · Sweden | 2010 | 2017 | Secondary | Accent Equity | – |
| Osby Glas Industrials · Sweden | 2012 | 2015 | Trade Sale | Beijerinvest | – |
| Perimeter Protection Group Industrials · Sweden | 2011 | 2015 | Trade Sale | SSI | – |
| Sonans Education · Norway | 2011 | 2017 | Secondary | EMK Capital | – |
| Waterjet Entreprenad Construction · Sweden | 2010 | 2014 | – | – | – |
PCI IIIRealizedSmall-Mid Buyout2003€227M0 assets8 exitsSmall-Mid Buyout2003 · 23yr€227M08
Realized
8 exits| Company | Entry | Exit | Type | Buyer | MOIC |
|---|---|---|---|---|---|
| Ariterm Industrials · Finland | 2004 | 2011 | MBO | Management | – |
| Disa Industrials · Denmark | 2005 | 2008 | Secondary | Mid Europa Partners | – |
| Expan Construction · Denmark | 2004 | 2007 | Trade Sale | CRH | – |
| KGH Customs Services Business Services · Sweden | 2007 | 2013 | Secondary | Bridgepoint Development Capital | – |
| Lekolar Education · Sweden | 2004 | 2007 | Secondary | 3i | – |
| North Trade Consumer · Denmark | 2006 | 2012 | MBO | Management | – |
| Wermland Paper Industrials · Sweden | 2003 | 2007 | Trade Sale | Nordic Paper | – |
| Zone Consumer · Denmark | 2006 | 2009 | – | – | – |
PCI IIRealizedSmall-Mid Buyout19980 assets6 exitsSmall-Mid Buyout1998 · 28yr–06
Realized
6 exits| Company | Entry | Exit | Type | Buyer | MOIC |
|---|---|---|---|---|---|
| Axenti Industrials · Sweden | 1999 | 2006 | Trade Sale | Various | – |
| Bravida Business Services · Sweden | 1999 | 2006 | Secondary | Triton | – |
| Isab 2 Diversified · Sweden | 2000 | 2001 | Trade Sale | Industrial buyers | – |
| NSG Logistics Logistics · Sweden | 1997 | 2006 | Trade Sale | Various | – |
| Optimail Logistics · Sweden | 1997 | 1998 | IPO | – | – |
| Sanda Business Services · Sweden | 1998 | 2007 | Trade Sale | Procurator | – |
PCI IRealizedSmall-Mid Buyout19910 assets7 exitsSmall-Mid Buyout1991 · 35yr–07
Realized
7 exits| Company | Entry | Exit | Type | Buyer | MOIC |
|---|---|---|---|---|---|
| Aura TMT · Sweden | 1991 | 1996 | Trade Sale | DuroLite | – |
| Chromogenix Healthcare · Sweden | 1991 | 1996 | Trade Sale | Instrumentation Laboratory | – |
| Dackia Business Services · Sweden | 1993 | 2004 | Trade Sale | Goodyear | – |
| HKC Consumer · Sweden | 1993 | 1995 | IPO | – | – |
| LIC Care Healthcare · Sweden | 1993 | 1995 | IPO | Getinge AB | – |
| Nordiska Vagrestauranger Hospitality · Sweden | 1995 | 1998 | Trade Sale | Carestel | – |
| Ticket Travel Group Hospitality · Sweden | 1993 | 1997 | IPO | – | – |
About Procuritas Capital Investors
Procuritas Capital Investors is one of the oldest Nordic mid-market private equity houses with approximately €1.4 billion of cumulative assets across funds as of December 2024 (PCI IV €139 million plus V €210 million plus VI €318 million plus VII €407 million), headquartered in Stockholm with offices in Steinhausen, Switzerland and St. Peter Port, Guernsey. The firm was founded in 1986 and operates as a partner-owned independent advisory regulated by Finansinspektionen.
Investment thesis
Procuritas Capital Investors deploys capital through seven flagship funds (PCI I through VII, with Funds I-III realised, IV-VI fully invested, VII active 2023 vintage), targeting Nordic mid-market MBO-led buyouts with long-term growth partnerships with founders and entrepreneurs. The procure with care thesis emphasises deep diligence and entrepreneur partnership over 40 years. Sector focus spans service consolidation platforms, digital consumer and retail, software, niche industrials, energy and grid automation and healthcare and care services. Geographic deployment is anchored in the Nordics (Sweden, Denmark, Finland, Norway, Iceland).
Recent activity
Recent realised exits include grid automation and energy (2025). Recent acquisitions include parking services and real estate tech (2025) and construction engineering (2024). The platform continues active deployment of PCI VII across the Nordic mid-market mandate.
Frequently asked questions
- What investment strategy does Procuritas Capital Investors focus on?
- Procuritas Capital Investors focuses on Buyout strategies in the private equity space.
- How many portfolio companies does Procuritas Capital Investors have?
- Procuritas Capital Investors has 16 active portfolio companies and 41 completed exits and 7 funds tracked on GP Intel.
- Where is Procuritas Capital Investors headquartered?
- Procuritas Capital Investors is headquartered in Stockholm, Sweden.
- When was Procuritas Capital Investors founded?
- Procuritas Capital Investors was founded in 1986.
- What sectors does Procuritas Capital Investors invest in?
- Procuritas Capital Investors invests across Industrials, Consumer, Healthcare, Business Services, TMT.
- What are Procuritas Capital Investors's recent exits?
- Recent realized exits by Procuritas Capital Investors include: Netcontrol (2026) to ABB; SEM (2025) to PHINIA; Pierce (2024) to Siba Invest AB and other investors; Byens Bilpleje (2022) to Management; Ouriginal (2021) to Turnitin; Dantherm Group (2021) to DBAG Fund VIII; Fidelix (2021) to Assemblin; Global Scanning (2021) to Riddargatan SPV.
Similar firms
Other private equity firms tracked on GP Intel.
