Buyer landscape
Likely buyers · Mobility in Sweden.
Prepared 2026-08-28 with GP Intel · deterministic scoring, published weights: gp-intel.com/methodology/league-tables
How companies like this sold · 112 verified exits: 26% to sponsors, 63% to corporates and platforms, 10% via IPO, 1% other routes. Route shift since 2020: sponsors 33% (was 21%), corporates and platforms 62% (was 64%), IPO 4% (was 13%).
The list: 25 Tier 1 · 0 Tier 2 of 120 matched buyers, including 14 geographic expansion candidates without a local platform yet. A first round of the Tier 1 names plus the expansion buyers covers the demonstrated demand.
Financial buyers · 25
Tier 1 · Very High · score 70+
1. EQT SponsorVery High85
51 platform investments in Industrials · 53 in Sweden · 51 deals 2024–26
AUM €291.0B · EQT X · 2023 vintage · deploying · check €440M-3.3B
53 platform investments since the 2023 vintage · largely deployed vs its usual 11 per fund.
Backed Arlanda Express, 2026 · Mobility, Sweden
2. Altor Equity Partners SponsorVery High85
28 platform investments in Industrials · 49 in Sweden · 12 deals 2024–26
AUM €8.3B · Altor Fund VI · 2023 vintage · deploying · check €60-450M
16 platform investments since the 2023 vintage · mid-deployment vs its usual 18 per fund.
Backed ElteraGruppen, 2026 · Construction, Norway
3. DUBAG Group SponsorVery High84
14 platform investments in Industrials · 8 deals 2024–26
Lenbach Equity Opportunities III · 2024 vintage · deploying · check €2-12M
Accelerating: 7 deals in the last 2 years vs 1.8/yr before.
Backed ItalPresseGauss, 2026 · Mobility, Italy
4. IK Partners SponsorVery High83
75 platform investments in Industrials · 48 in Sweden · 52 deals 2024–26
AUM €13.8B · IK Partnership Fund III · 2025 vintage · deploying · check €10-75M
18 platform investments since the 2025 vintage · largely deployed vs its usual 13 per fund.
Bought SELATEK from Amplio, 2026 · Industrials, Sweden
5. Bpifrance Investissement SponsorVery High82
27 platform investments in Industrials · 35 deals 2024–26
AUM €57.3B · Bpifrance Amorçage Industriel · 2023 vintage · deploying · check €1-8M
Accelerating: 30 deals in the last 2 years vs 4.5/yr before.
Backed Instant System, 2026 · Mobility, France
6. NCI SponsorVery High80
20 platform investments in Industrials · 12 deals 2024–26
AUM €400M · Reprendre & Developper 6 · 2025 vintage · deploying · check €2-15M
8 platform investments since the 2025 vintage · mid-deployment vs its usual 8 per fund.
Backed Starwash, 2026 · Mobility, France
7. IK Partners (IK Small Cap III) SponsorVery High79
70 platform investments in Industrials · 46 in Sweden · 39 deals 2024–26
AUM €13.8B · IK Partnership Fund III · 2025 vintage · deploying · check €10-75M
18 platform investments since the 2025 vintage · largely deployed vs its usual 13 per fund.
Backed Francks Kylindustri, 2025 · Industrials, Sweden
8. IK Partners / GIC / Keensight / Parquest / management SponsorVery High79
71 platform investments in Industrials · 46 in Sweden · 38 deals 2024–26
AUM €13.8B · IK Partnership Fund III · 2025 vintage · deploying · check €10-75M
18 platform investments since the 2025 vintage · largely deployed vs its usual 13 per fund.
Backed Francks Kylindustri, 2025 · Industrials, Sweden
9. Bridgepoint SponsorVery High77
32 platform investments in Industrials · 13 in Sweden · 43 deals 2024–26
AUM €86.6B · Europe VIII (BE VIII) · 2026 vintage · deploying · check €120-900M
4 platform investments since the 2026 vintage · early in deployment vs its usual 20 per fund.
Backed Comrod, 2025 · Industrials, Norway
10. Bridgepoint Development Capital SponsorVery High77
27 platform investments in Industrials · 16 in Sweden · 36 deals 2024–26
AUM €86.6B · Europe VIII (BE VIII) · 2026 vintage · deploying · check €120-900M
4 platform investments since the 2026 vintage · early in deployment vs its usual 20 per fund.
Backed Comrod, 2025 · Industrials, Norway
11. Waterland Private Equity SponsorVery High77
38 platform investments in Industrials · 39 deals 2024–26
Waterland Private Equity Fund IX (WPEF IX) · 2023 vintage · deploying · check €70-525M
48 platform investments since the 2023 vintage · largely deployed vs its usual 19 per fund.
Backed Heliox, 2018 · Mobility, Netherlands
12. Bridgepoint (52.5% majority stake) SponsorVery High77
27 platform investments in Industrials · 13 in Sweden · 36 deals 2024–26
AUM €86.6B · Europe VIII (BE VIII) · 2026 vintage · deploying · check €120-900M
4 platform investments since the 2026 vintage · early in deployment vs its usual 20 per fund.
Backed Comrod, 2025 · Industrials, Norway
13. Bridgepoint BE VII + General Atlantic SponsorVery High77
27 platform investments in Industrials · 13 in Sweden · 37 deals 2024–26
AUM €86.6B · Europe VIII (BE VIII) · 2026 vintage · deploying · check €120-900M
4 platform investments since the 2026 vintage · early in deployment vs its usual 20 per fund.
Backed Comrod, 2025 · Industrials, Norway
14. Bridgepoint Capital SponsorVery High77
27 platform investments in Industrials · 13 in Sweden · 36 deals 2024–26
AUM €86.6B · Europe VIII (BE VIII) · 2026 vintage · deploying · check €120-900M
4 platform investments since the 2026 vintage · early in deployment vs its usual 20 per fund.
Backed Comrod, 2025 · Industrials, Norway
15. Bridgepoint Capital Developpement SponsorVery High77
27 platform investments in Industrials · 13 in Sweden · 36 deals 2024–26
AUM €86.6B · Europe VIII (BE VIII) · 2026 vintage · deploying · check €120-900M
4 platform investments since the 2026 vintage · early in deployment vs its usual 20 per fund.
Backed Comrod, 2025 · Industrials, Norway
16. Bridgepoint Development Capital (with Paluel-Marmont Capital & LT Capital) SponsorVery High77
27 platform investments in Industrials · 13 in Sweden · 36 deals 2024–26
AUM €86.6B · Europe VIII (BE VIII) · 2026 vintage · deploying · check €120-900M
4 platform investments since the 2026 vintage · early in deployment vs its usual 20 per fund.
Backed Comrod, 2025 · Industrials, Norway
17. Helix Kapital SponsorVery High77
7 platform investments in Industrials · 17 in Sweden · 5 deals 2024–26
Helix III · 2023 vintage · deploying
7 platform investments since the 2023 vintage · largely deployed vs its usual 6 per fund.
Backed Lundaman Instrument, 2026 · Industrials, Sweden
18. Ardian SponsorVery High76
137 platform investments in Industrials · 8 in Sweden · 51 deals 2024–26
AUM €196.0B · Ardian Expansion Fund VI · 2025 vintage · deploying · check €64-480M
13 platform investments since the 2025 vintage · mid-deployment vs its usual 15 per fund.
Backed 2i Aeroporti, 2015 · Mobility, Italy
19. Ardian, Finint Infrastrutture SponsorVery High76
126 platform investments in Industrials · 8 in Sweden · 43 deals 2024–26
AUM €196.0B · Ardian Expansion Fund VI · 2025 vintage · deploying · check €64-480M
13 platform investments since the 2025 vintage · mid-deployment vs its usual 15 per fund.
Backed 2i Aeroporti, 2015 · Mobility, Italy
20. PAI Partners SponsorVery High76
33 platform investments in Industrials · 6 in Sweden · 26 deals 2024–26
AUM €33.0B · PAI Mid-Market Fund II · 2025 vintage · deploying
12 platform investments since the 2025 vintage · largely deployed vs its usual 10 per fund.
Bought Mecaer Aviation Group from Fondo Italiano d'Investimento SGR, 2026 · Aerospace & Defence, Italy
21. Sodero Gestion, CENCD SponsorVery High76
16 platform investments in Industrials · 22 deals 2024–26
AUM €350M · Transmettre & Pérenniser III · 2025 vintage · deploying · check €2-15M
12 platform investments since the 2025 vintage · largely deployed vs its usual 10 per fund.
Backed CO2 Démolitions, 2026 · Construction, France
22. Priveq SponsorVery High76
6 platform investments in Industrials · 20 in Sweden · 7 deals 2024–26
Priveq Investment VII · 2024 vintage · deploying · check €5-39M
7 platform investments since the 2024 vintage · largely deployed vs its usual 6 per fund.
Backed Scanreco, 2026 · Industrials, Sweden
23. IGI Private Equity SponsorVery High76
18 platform investments in Industrials · 8 deals 2024–26
AUM €169M · IGI Sustainable Transition Fund · 2024 vintage · deploying
Accelerating: 6 deals in the last 2 years vs 1.3/yr before.
Backed WeBlade, 2026 · Industrials, Italy
24. Arkea Capital, BNP Paribas Developpement and IRD Invest SponsorVery High75
47 platform investments in Industrials · 25 deals 2024–26
AUM €1.3B · Arkea Capital 3 · 2025 vintage · deploying · check €1-11M
11 platform investments since the 2025 vintage · mid-deployment vs its usual 15 per fund.
Backed Fountaine Pajot, 2020 · Mobility, France
25. Arkea Capital Partenaire SponsorVery High75
46 platform investments in Industrials · 25 deals 2024–26
AUM €1.3B · Arkea Capital 3 · 2025 vintage · deploying · check €1-11M
11 platform investments since the 2025 vintage · mid-deployment vs its usual 15 per fund.
Backed Fountaine Pajot, 2020 · Mobility, France
Scores and facts derive from verified deal records only; sample floors and thresholds are published on the methodology page. Figures marked with a tilde are bands, not disclosures.