Summa Equity
Summa Equity is a Nordic thematic private equity firm founded in 2016 that acquires and grows companies solving global challenges across circularity, sustainable food, energy transition, and tech-enabled resilience. It runs buyout and growth strategies from offices in Stockholm, Oslo, and Munich and has raised close to EUR 4 billion across its funds.
Summa Equity is a Stockholm buyout firm with 23 active companies and 12 exits.
- ·11 exits in the last 5 years · consistent DPI cadence.
- ·Average hold across 12 realized deals: 5 years.
- ·Fund cadence: ~2Y between vintages · last raise 2023.
Sector breakdown
35 companiesGeography breakdown
11 geographiesKey facts
Recent exits
Summa Equity sold G-CON Manufacturing to Bridgepoint in 2025 after 4 years.
Summa Equity sold Documaster to Main Capital Partners in 2025 after 8 years.
Summa Equity sold Milarex to Pangea in 2025 after 8 years.
Coverage notes
4 funds tracked, 35 portfolio companies (23 active · 12 realized). Verified weekly from public filings and deal announcements.
Funds & portfolio
Every fund Summa Equity has raised, with its portfolio companies. Hand-checked from public filings.
Summa CircularSecondaries2023€550M1 assetsSecondaries2023 · 3yr€550M1–
Unrealized
1 held| Company | Entry |
|---|---|
| NG Nordic Industrials · Norway | 2023 |
Summa Equity Fund IIIBuyout2022€2.3B15 assetsBuyout2022 · 4yr€2.3B15–
Unrealized
15 held| Company | Entry |
|---|---|
| Bollegraaf Industrials · Netherlands | 2024 |
| Dignio HealthTech · Norway | 2026 |
| EA Technology Energy · UK | 2024 |
| Fast LTA SaaS · Germany | 2024 |
| guardsix Cybersecurity · Denmark | 2023 |
| Logpoint Cybersecurity · Denmark | 2023 |
| myneva Group HealthTech · Germany | 2021 |
| Nutris FoodTech · Czech Republic | 2024 |
| Oda Group E-commerce · Norway | 2021 |
| Peoplesafe SaaS · UK | 2026 |
| STIM AgTech · Norway | 2024 |
| TBAuctions E-commerce · Netherlands | 2022 |
| Tibber Energy · Norway | 2022 |
| Velsera HealthTech · US | 2022 |
| Vyntra Fintech · Switzerland | 2022 |
Summa Equity Fund IIBuyout2019€650M5 assets4 exitsBuyout2019 · 7yr€650M54
Unrealized
5 held| Company | Entry |
|---|---|
| Axion Biosystems MedTech · US | 2021 |
| Holdbart Consumer · Norway | 2021 |
| myneva SaaS · Germany | 2021 |
| Nofitech Industrials · Norway | 2021 |
| Sengenics Biotech · Singapore | 2020 |
Realized
4 exits| Company | Entry | Exit | Type | Buyer | MOIC |
|---|---|---|---|---|---|
| EcoOnline SaaS · Norway | 2017 | 2022 | Secondary | Apax Partners | – |
| G-CON Manufacturing Healthcare · US | 2021 | 2025 | Secondary | Bridgepoint | – |
| Infobric Software · Sweden | 2019 | 2025 | Secondary | KKR | – |
| Olink Proteomics Biotech · Sweden | 2019 | 2021 | IPO | – | – |
Summa Equity Fund IHarvestingBuyout2017€470M2 assets8 exitsBuyout2017 · 9yr€470M28
Unrealized
2 held| Company | Entry |
|---|---|
| Logex HealthTech · Netherlands | 2018 |
| Norsk Gjenvinning Business Services · Norway | 2017 |
Realized
8 exits| Company | Entry | Exit | Type | Buyer | MOIC |
|---|---|---|---|---|---|
| Documaster SaaS · Norway | 2017 | 2025 | Secondary | Main Capital Partners | – |
| HyTest Biotech · Finland | 2018 | 2021 | Trade Sale | Mindray | – |
| Kiona PropTech · Norway | 2016 | 2023 | Trade Sale | CAREL Industries | – |
| Lakers Group Industrials · Sweden | 2018 | 2021 | Trade Sale | Vestum | – |
| Lin Education EdTech · Sweden | 2017 | 2019 | Secondary | Xllnc | – |
| Milarex FoodTech · Norway | 2017 | 2025 | Trade Sale | Pangea | – |
| Pagero Software · Sweden | 2017 | 2024 | Trade Sale | Thomson Reuters | – |
| Sortera Industrials · Sweden | 2016 | 2021 | Secondary | Nordic Capital | – |
About Summa Equity
Summa Equity is a leading Nordic thematic and impact private equity firm with approximately €4 billion (~SEK 40 billion) of assets under management as of December 2024, headquartered in Stockholm with offices in Oslo, Munich and Copenhagen. The firm was founded in 2016 by Reynir Indahl (a Norwegian investor formerly of Altor) and operates as a partner-owned independent B-Corp certified PE firm. Summa raised Europe's largest impact fund to date with Fund III at €2.3 billion.
Investment thesis
Summa Equity deploys capital through approximately five funds (Fund I, II, III at €2.3 billion, plus Summa Circular and Summa Foundation vehicles), targeting thematic mid-market buyout under a global-challenges-as-opportunities mandate, investing in companies providing measurable sustainability solutions tied to UN SDGs. Sector focus spans circularity, sustainable food, energy transition, tech-enabled resilience, healthcare diagnostics and environmental services. Geographic deployment is Nordics core (Sweden, Norway, Denmark) with broader Europe. The strict four-theme thematic mandate differentiates the platform.
Recent activity
Recent realised exits include healthcare diagnostics and proteomics (2024), construction software (2025), seafood and sustainable food (2025) and life sciences manufacturing (2025). Recent acquisitions include digital health and remote care (January 2026) and an electrical-grid analytics bolt-on via a portfolio company (January 2026). The platform continues active deployment of Fund III across the Nordic thematic mandate.
Frequently asked questions
- What investment strategy does Summa Equity focus on?
- Summa Equity focuses on Buyout, Growth strategies in the private equity space.
- How many portfolio companies does Summa Equity have?
- Summa Equity has 23 active portfolio companies and 12 completed exits and 4 funds tracked on GP Intel.
- Where is Summa Equity headquartered?
- Summa Equity is headquartered in Stockholm, Sweden.
- When was Summa Equity founded?
- Summa Equity was founded in 2016.
- What sectors does Summa Equity invest in?
- Summa Equity invests across Industrials, Software, Healthcare, Energy, Consumer.
- What are Summa Equity's recent exits?
- Recent realized exits by Summa Equity include: G-CON Manufacturing (2025) to Bridgepoint; Infobric (2025) to KKR; Documaster (2025) to Main Capital Partners; Milarex (2025) to Pangea; Pagero (2024) to Thomson Reuters; Kiona (2023) to CAREL Industries; EcoOnline (2022) to Apax Partners; HyTest (2021) to Mindray.
Similar firms
Other private equity firms tracked on GP Intel.