This is Verdane
We have helped tech-enabled companies accelerate their growth and scale their businesses internationally since 2003, and our funds have close to EUR 1.8 billion in total committed capital. Our latest fund, Verdane Capital X, closed at EUR 580 million in January 2019.
This is Verdane
Our goal is to be the preferred growth partner to tech-enabled businesses in Northern Europe. We invest in high-growth companies in the e-commerce, software, energy technology and advanced industrial sectors.
What sets us apart is our growth experience, flexible investment mandate and our ability to provide hands-on support through local teams based out of six locations in Northern Europe.
More than half of our partners are former entrepreneurs and a significant number of our investment professionals are former operators. We represent a diverse set of backgrounds, experiences and perspectives.
We pioneered the portfolio investment strategy in Europe in 2003 and have a uniquely flexible investment model. We can acquire majority or minority positions, buy existing shares or provide primary funding.
We typically invest between EUR 10 and 150 million into companies in growth or buy-out stages, either as a single company or as part of a broader portfolio. When needed, we mobilise special purpose vehicles for much larger investments, backed by our long-standing investors.
Our team of over 40 people works from offices located in Berlin, Copenhagen, Helsinki, London, Oslo and Stockholm.
Bjarne Kveim Lie, Managing Partner
Verdane’s roots go back to Four Seasons Venture (“Four Seasons”), founded in Oslo by Birger Nergaard in 1985 and joined by Gunnar Rydning in 1986. The firm raised three funds between 1986 and 2000, pursuing an early stage direct investment strategy in the ICT sector.
Bjarne Kveim Lie joined Four Seasons in 2001. Recognising the need to scale and to move the focus towards more mature growth assets, he and Thomas Falck drove the acquisition of a portfolio of 96 growth companies from the Norwegian government in 2003. A new fund, initially called Four Seasons Venture IV (later Verdane Capital IV), was raised to finance the transaction. The team spun out of Four Seasons Venture into a separately managed advisory firm, that became the starting point for what is today known as Verdane.