Stockholm, SwedenRatos is a Stockholm-based, Nasdaq-listed long-term investment company that owns majority and minority holdings in Nordic companies across industry, consumer, construction and services, and infrastructure. It traces its roots to 1866 and operates as a listed serial acquirer and compounder, holding around thirteen portfolio companies and creating value through active ownership and add-on acquisitions rather than raising traditional closed-end funds. Its parent company is small while the consolidated group employs roughly 9,100 people, and it is led by CEO Gustaf Salford under Chairman Per-Olof Soderberg.
Ratos is a Stockholm buyout firm with 15 active companies and 4 exits.
- ·3 exits in the last 5 years · consistent DPI cadence.
- ·Average hold across 4 realized deals: 9 years.
- ·Top sector focus: Business Services (26% of portfolio).
Sector breakdown
19 companiesGeography breakdown
4 geographiesKey facts
Recent exits
Ratos sold NVBS Group to Baneservice in 2026 after 4 years.
Ratos sold airteam to Nalka Invest in 2025 after 9 years.
Ratos sold Bisnode to Dun & Bradstreet in 2021 after 16 years.
Ratos sold Anticimex to EQT (EQT VI) in 2012 after 6 years.
Coverage notes
1 fund tracked, 19 portfolio companies (15 active · 4 realized). Verified weekly from public filings and deal announcements.
Funds & portfolio
Every fund Ratos has raised, with its portfolio companies. Hand-checked from public filings.
Ratos ABActiveBuyout199115 assets4 exitsBuyout1991 · 35yr–154
Unrealized
15 held| Company | Entry |
|---|---|
| Aibel Energy · Norway | 2013 |
| Aleido Business Services · Sweden | 2022 |
| Diab Industrials · Sweden | 2001 |
| Elit Fonster Construction · Sweden | 2004 |
| HL Display Industrials · Sweden | 2001 |
| Knightec Group Business Services · Sweden | 2022 |
| Kvd Group E-commerce · Sweden | 2010 |
| LEDiL Industrials · Finland | 2014 |
| NVBS Construction · Sweden | 2022 |
| OASE Outdoors Consumer · Denmark | 2016 |
| Plantasjen Consumer · Norway | 2016 |
| Presis Infra Business Services · Norway | 2021 |
| Sentia Construction · Norway | 2013 |
| Speed Logistics · Sweden | 2015 |
| TFS HealthScience Healthcare · Sweden | 2015 |
Realized
4 exits| Company | Entry | Exit | Type | Buyer | MOIC |
|---|---|---|---|---|---|
| airteam Business Services · Denmark | 2016 | 2025 | Secondary | Nalka Invest | – |
| Anticimex Business Services · Sweden | 2006 | 2012 | Secondary | EQT (EQT VI) | – |
| Bisnode Data & Analytics · Sweden | 2005 | 2021 | Trade Sale | Dun & Bradstreet | – |
| NVBS Group Construction · Sweden | 2022 | 2026 | Trade Sale | Baneservice | – |
Frequently asked questions
- What investment strategy does Ratos focus on?
- Ratos focuses on Buyout strategies in the private equity space.
- How many portfolio companies does Ratos have?
- Ratos has 15 active portfolio companies and 4 completed exits and 1 fund tracked on GP Intel.
- Where is Ratos headquartered?
- Ratos is headquartered in Stockholm, Sweden.
- When was Ratos founded?
- Ratos was founded in 1866.
- What sectors does Ratos invest in?
- Ratos invests across Industrials, Consumer, Business Services, Healthcare, Energy.
- What are Ratos's recent exits?
- Recent realized exits by Ratos include: NVBS Group (2026) to Baneservice; airteam (2025) to Nalka Invest; Bisnode (2021) to Dun & Bradstreet; Anticimex (2012) to EQT (EQT VI).
Similar firms
Other private equity firms tracked on GP Intel.
