Verdane

About Verdane

Verdane is a Nordic growth equity firm with more than €8 billion of assets under management as of December 2024 (€9 billion of fund capital raised cumulatively), headquartered in Oslo with offices in Stockholm, Copenhagen, Helsinki, London, Berlin and Munich. The firm was founded in 2003 in its current growth equity form with lineage dating to 1985. Verdane remains an independent partner-owned platform operating a multi-hub model across Northern Europe.

Investment thesis

Verdane deploys capital through approximately 14 active funds across three core strategies: Edda (mid-market), Freya (lower mid-market portfolio investments) and Idun (decarbonization-focused), targeting growth equity in minority and majority structures plus portfolio acquisitions alongside individual mid-market deals. Sector focus spans software, B2C products, B2C services, energy transition, resource efficiency and sustainable tech, with twin investment themes of digitalisation and decarbonisation. Geographic deployment is anchored in Northern Europe (Nordics and DACH) with pan-European reach via seven offices, executing parallel fund families targeting different deal sizes and sustainability profiles.

Recent activity

Recent realised exits include cybersecurity software (2025), maritime tech (2025), retail tech (2025) and consumer cosmetics (2025). Recent fund closes include Freya XII at €2 billion (2025) and Idun II at €700 million (October 2024), supporting active deployment across multiple software platforms during 2024-2025. The platform continues active capital deployment across all three flagship strategies. Detailed buyer names and multiple data available on Pro at €29/month.