Verdane Capital Advisors’ presence in three Nordic countries, and experience from companies with global client bases, matches the geographic footprint and global ambitions of the companies in the transaction. Among the holdings are Napatech, the Danish manufacturer of network adapters; Eniram, the Finnish provider of software systems that help vessels reduce fuel consumption and Aspiro, which owns the Norwegian music streaming service Wimp.
“The companies acquired have global ambitions and are active in the software and energy sectors. Verdane funds already own more than 20 companies in different niches in those sectors. We will draw on our existing knowledge base and network to help the new holdings reach their full potential” says Lars B. Thoresen, Managing Partner at Verdane Capital Advisors.
The transaction takes place following a strategic decision by Ferd Capital to focus on investments in larger and more mature companies.
“This is a classic win-win situation. We know that the companies will benefit from Verdane’s expertise and ability to fund new investments on their continued journey. At the same time, the transaction frees up valuable time and resource for Ferd”, comments Trond Solberg, Investment Director at Ferd Capital.
Verdane and Ferd know each other well, following the joint investment in Nacre, the intelligent hearing systems company. Nacre was sold in 2007 to Bacou-Dalloz and both Verdane and Ferd made significant returns on this joint investment.
“Ferd has built many successful venture companies over the years, such as ShipEquip and of course Nacre. We are very pleased with the outcome and believe this transaction brings good value to all parties” concludes Lars B. Thoresen.
About Ferd
Ferd is a family-owned Norwegian industrial and financial group that is an active and long-term owner of strong companies with international potential and carries out financial activities through investments in a broad range of asset classes. In addition to the group’s purely commercial activities, Ferd has an extensive involvement in social entrepreneurship.
About Verdane
Verdane is a specialist growth investment firm that partners with tech-enabled and sustainable European businesses. Verdane can invest as a minority or majority investor, either in single companies or through portfolios of companies, and looks to deploy inside two core growth themes; digitalisation and decarbonisation.
Verdane funds hold over €6 billion in total commitments and have made over 400 investments in fast-growing businesses since 2003. Verdane’s team of over 140 investment professionals and operating experts, based out of Berlin, Munich, Copenhagen, Helsinki, London, Oslo and Stockholm, is dedicated to being the preferred growth partner to tech-enabled and sustainable businesses in Europe.
Verdane is also a certified B Corporation, the most ambitious sustainability accreditation globally. The firm only backs businesses that pass its 2040 test, which indicates whether the company can thrive in a more sustainable future economy.
Verdane is partly owned by the Verdane Foundation, which is focused on two areas: climate change and more equitable and inclusive local communities.
More info: www.verdane.com
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