The Summa Equity
Portfolio Report 2020

Investing to solve global challenges - 2020

Why Summa?

As the population and economy are growing, and technology transforms society, we are faced with increasing challenges. These challenges, however, provide tremendous opportunities as making the world more future-proof require us to adopt new and innovative solutions.

Summa seeks to invest in and develop companies that provide these solutions. Through their products or services, these companies aim to reduce climate change, mitigate resource scarcity, improve education, health and well-being or provide sustainable energy sources.

Summa at a glance

Sector

Private Equity

Established

2016

Market Position

Mid Cap

Funds

2

Assets under mgmt

14 SEKbn

Portfolio companies

13

Investment Strategy

Thematic

Employees

~40

Recent highlights

#acquisition

Summa Equity acquires G-CON Manufacturing, the leading US-based provider of POD® cleanroom solutions

Through its acquisition of G-CON, Summa Equity enters the rapidly growing biopharmaceutical manufacturing market, including cell and gene therapy manufacturing.
#acquisition

Summa Equity acquires Axion BioSystems

Axion BioSystems is a leading life science tools company focused on developing and commercializing label-free, bioelectronic assays used to study the function of live cells in vitro, to enable drug discovery, and disease modeling.
#aquisition

Summa Equity and Longship join forces in land-based fish farming

Longship brings Summa Equity on board as an investor in Nofitech, a leading turn-key supplier of recirculating aquaculture systems (RAS), to support growth opportunities in land-based fish farming.
#acquisition

Summa Equity acquires myneva

Summa Equity Fund II, has made its first investment in Germany, acquiring myneva, one of the leading European software providers for the social care sector.
#news

Summa Equity publishes Portfolio Report 2020

We are excited to release Summa’s fourth Annual Portfolio Report! Here, we wish to showcase Summa’s culture of constant improvement – we are continuously looking to enhance the way in which we analyze and communicate the link between financial performance and value creation impact.
#aquisition

Lakers Group acquires Norsk Pumpeservice 

The acquisition is expected to close in August.
#news

Successful placement of inaugural sustainability-linked bond

Lakers Group has successfully completed a senior secured sustainability-linked bond issue of NOK 750 million.
#exit

Summa Equity has agreed to sell HyTest to Mindray for €545 million

Summa Equity has signed a definitive agreement to sell HyTest to Mindray, a leading global medical technology company.
#acquisition

Summa Equity acquires Holdbart, Norway’s leading surplus food retailer

Summa Equity enters the rapidly growing surplus food industry.
#via summa

From vision to action – how Infobric is driving demand with sustainability

We met Marie and David at Infobric to see how they created a concrete business plan using sustainability as the driver.
#award

Summa Equity is a double winner at Private Equity Exchange Awards

Summa Equity has been honoured by the Private Equity Exchange Awards for the second year in a row, winning Best ESG Private Equity Initiatives.
#ipo

Olink listed on Nasdaq

Summa Equity is pleased to announce that on 24 March 2021, portfolio company Olink, the proteomics platform, successfully priced its initial public offering on the Nasdaq Global Market under the ticker symbol “OLK”. The offering closed on 29 March, after fulfilling customary closing conditions.
#ipo

EcoOnline lists on Euronext Growth Oslo

We’re excited to announce Summa’s first IPO!
#news

IWMAC and Egain merge

The companies will drive sustainability in building energy management.
#exit

Sortera sold to Nordic Capital

Since Summa Equity’s acquisition of the company in 2016, Sortera has evolved from being a Stockholm based company focusing on collection of construction waste, to becoming a Nordic leader within collection, recycling, processing and sale of residual products from the building and construction sector.
#article

Reynir in IPE: PE must work towards measuring impact of sustainable investing

While EU regulation is a positive development, which will bring greater standardisation to ESG reporting, investors, organisations and regulators must aim to go further.
#aquisition

ULTCO becomes part of Milarex

ULTCO becomes part of Milarex, acquiring foothold and strengthening growth prospects in the attractive North American market.
#acquisition

Infobric closed acquisitions

Infobric closed the acquisitions of Equipmentloop and Buildsafe, two Swedish construction software companies.
#acquisition

Lakers expands into the UK through acquisition of entry platform Pump Supplies Ltd

The acquisition will take Lakers annual revenue to ca. NOK 900 million.
#award

Norsk Gjenvinning Norway’s Smartest Industrial Company

According to the panel, Norsk Gjenvinning is a leading star for sustainable solutions.
#interview

Meet the new Summates

We are excited to welcome three new Summates; Sebastian Greve Sunde, Marika Vitiä and Martin Gjølme. Why did they want to join Summa, and what was the last book they read?
#our view

2020 Highlights

2020 was a challenging year but also brought us many memorable moments. Here are three of our highlights.
#article

Reynir in Financial Times

In a Letter to the Editor of The Financial Times, Reynir Indahl responded to Robert Armstrong’s criticism of ESG investing.
#our view

How to build a modern and value-creating board

Although diversity and different perspectives are key to building and sustaining a value-creating board, there is one thing all board members must have in common. Learn what exactly by reading this interview with Reynir Indahl.
#article

Reynir in Real Deals

Summas' founder say it’s time to ask whether your business is part of the problems facing the world or part of the solution.
#award

Summa awarded by Real Deals

The award recognizes the overall achievement of buyout houses focused on a particular region of the Continental market.

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