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Michael E. Porter, George Serafeim and Mark Kramer share “Where ESG fails” in their latest article in the Institutional Investor


Michael E. Porter, a world-renowned economist, George Serafeim, a professor at Harvard Business School and Mark Kramer, have throughout their careers brought economic theory and strategy concepts that address the most challenging problems facing many corporations and industries. In the article “Where ESG Fails” published in the Institutional Investor 16 October 20190 the Porter, Serafeim…

Watch webinar on Sustainable Finance Management


To celebrate the launch of the special issue on Sustainable Financial Management by the Journal of Applied Corporate Finance, Hannah Jacobsen from Summa Private Equity joined a stellar line-up of speakers in a webinar about how to raise the bar in sustainable finance. Speakers included: Hannah Saltman, Manager, Governance, Ceres Brian Tomlinson, Research Director, Strategic…

Via Summa Day – A day of inspiration, reflection and tribalisation


Last week, Summa Equity gathered all our portfolio companies at the Via Summa Day. Via Summa is how Summa contributes to our portfolio companies’ journeys by connecting ideas, capital, resources, and competence. The day was designed to share trends and insights, achievements and lessons learnt as well as to grow our collective knowledge. Reynir Indahl…

SDG Impact launches standards for Private Equity to respond to the SDGs


9 September 2019, New York City – The SDG Impact, a flagship initiative of the UNDP to advance transparency and mobilise private capital to advance the Sustainable Development Goals (SDGs), launched a new set of standards for Private Equity. The UNDP SDG Impact Practice Standards for Private Equity (the Standards) are under comment and consultation…

Summa Equity publishes Portfolio Report 2018


Summa Equity’s Portfolio Report 2018 summarizes the state of our business, our approach, portfolio metrics, investment themes and our investments. “Financial uncertainties have increased, creating a more challenging market for companies and investors. From this uncertainty, Summa Equity has realized the business opportunities in UN Sustainable Development Goals (SDGs). We are therefore excited to show…

Private Equity 4.0: Using ESG to Create More Value with Less Risk


By Reynir Indahl and Hannah Gunvor Jacobsen, Summa Equity The private equity industry is evolving. When the 1980s gave birth to the first wave of leveraged buyouts, PE firms created value primarily through financial engineering. This involved the use of high leverage in combination with large equity stakes to motivate managers charged mainly with taking…

Summa Equity’s Hannah Gunvor Jacobsen is one of Norway’s top 30 leadership talents under 30


Every year, the magazine D2, distributed by the Norwegian financial paper Dagens Næringsliv, selects 30 talents under 30. This year’s nominations were devoted to talented leaders that are making the world a better place. At Summa Equity, we could not be prouder that our very own Hannah Gunvor Jacobsen made the list. Hannah was our…

Part time analyst at Summa Equity


Are you ambitious, progressive, eager to learn and want to contribute positively towards some of the most important challenges we face today? If yes, would you like to be one of us? We are a thematically focused Nordic private equity firm, focusing on Resource Efficiency, Changing Demographics, and Tech-enabled businesses. Summa was formed with the…

Summa Equity joins UN SDG Impact Initiative to accelerate SDGs


15 May 2019, Oslo – Summa Equity today announced their commitment to the United Nations’ SDG Impact initiative together with Business for Peace, EQT and LGT. This UNDP-led initiative aims to enable private sector investment by providing investors and businesses with the clarity, insights, and tools to support their contributions toward achieving the UN Sustainable Development Goals (SDGs). The…

Summa Equity wins ESG Award at the Private Equity Awards 2019


25.04.2019, London – Summa Equity won the Environmental, Social and Governance (ESG) Award at the Private Equity Awards 2019 for incorporating the Sustainable Development Goal (SDG) framework in shaping the long-term strategy of its portfolio companies, measuring the effect and innovating to address the global challenges. “We are honored to win the Environmental, Social and…

Xllnc acquires Lin Solutions


Summa Equity has decided to take the next step in focusing Lin Education’s operations. Lin Solutions – the business area that focuses on digital tools, with related services and pedagogy – is acquired by the independent IT company Xllnc. Summa Equity will remain as the main owner of the software business in Lin Software, and…

Internship at Summa Equity Oslo


Are you ambitious, progressive, eager to learn and to contribute positively towards some of the most important challenges we face today? If yes, would you like to be one of us for a period? We are a thematically focused Nordic private equity firm, focusing on Resource Efficiency, Changing Demographics, and Tech-enabled businesses. Summa was formed…

Internship at Summa Equity Stockholm


Are you ambitious, progressive, eager to learn and to contribute positively towards some of the most important challenges we face today? If yes, would you like to be one of us for a period? We are a thematically focused Nordic private equity firm, focusing on Resource Efficiency, Changing Demographics, and Tech-enabled businesses. Summa was formed…

Lakers continues Nordic expansion with four acquisitions


Stockholm, 22 March 2019 – Lakers Group, the leading independent water pump service company in the Nordic region, continues its Nordic expansion. It has completed four acquisitions during the last months. The new companies joining Lakers Group are Elmotorservice Syd and Öhbergs Pumpeservice in Sweden, A & J Pumpservice in Finland and Elmodan in Denmark,…

Summa Equity acquires Olink Proteomics


Summa Equity acquires Olink Proteomics, a Swedish life science company that has developed a unique technology for human biomarker discovery, targeting the global biopharma and academic research and discovery markets. Olink’s purpose is to enable precision medicine through proteomics, thereby contributing to advancing healthcare worldwide. Summa Equity is excited to support this development, and to…

Summa expands footprint in Smart Energy market with investment in Metry


Stockholm, 5 March 2019 – Swedish energy tech company Metry, whose platform helps the real estate sector digitise and structure energy data to become more energy efficient, is announcing a rights issue and investment of 14 million SEK. The funds will support the continued development of the company’s position as an unbiased/independent actor in the…

Summa Summarum


While we are all worried about the state of the world, we are also seeing positive changes. One particular encouragement is the widening investor-recognition that companies incorporating solutions to environmental, social and governance challenges, will show stronger growth and returns, while having lower risk.   In this letter, we share what we have learnt from…

Summa Equity closes its Fund II with SEK 6.5 billion to invest to solve global challenges


Stockholm, 26 February 2019 – Summa Equity announced today that it has raised further capital to continue to invest to solve global challenges. Summa Equity Fund II closed at hard cap with investor commitments of SEK 6.5 billion (c. EUR 610 million). With Fund I and II, Summa Equity now manages aggregated capital commitments of…

Summa Equity acquires Infobric AB


Summa Equity has signed an agreement to acquire Infobric AB (“Infobric”), a provider of software and hardware for attendance systems, access control, asset monitoring, and energy efficiency on construction sites.   Summa Equity has made its first move into the construction industry, with the acquisition of the Swedish based software and hardware company, Infobric. Infobric…

LOGEX, Ivbar, and Prodacapo join forces to create a European market leader in advanced costing and quality analytics for healthcare


With the aim of strengthening their ability to inform and support sustainable quality improvements, transparency and efficiency in healthcare LOGEX, Ivbar, and Prodacapo have decided to join forces through the new LOGEX Group. This will create a European market leader in advanced software for analysing outcomes and costs in healthcare.   Today, the three companies…

Summa Equity acquires Lakers


Summa Equity has signed an agreement to acquire Lakers Holding AB (“Lakers”), a Nordic group operating within the water, wastewater, building services and industry segments. The transaction is subject to regulatory approval and is expected to be completed in October 2018.   The Nordic water and wastewater infrastructure is ageing and has large inefficiencies. Growing…

Summa Equity acquires Finnish antibody manufacturer HyTest


Summa Equity will become majority shareholder of the Finnish company HyTest, producer of antibodies and antigens for the diagnostic industry. The growing company operates in a global market where growth is driven by an aging population, innovation and increasing investments in medical care. The investment is Summa Equity’s first in the Finnish market.   ”Antibodies…

Anna Ryott new Chairperson of Summa Equity


Anna Ryott, Deputy CEO at Norrsken Foundation and former CEO of Swedfund International, has been elected as working chairperson of Summa Equity. The election of Ryott strengthens Summa Equity’s expertise and experience in the area of sustainability. Ryott’s Board of Directors will include several newly elected members with strong backgrounds in value creation, investments and…

Summa Equity acquires Norsk Gjenvinning


On the 20th of December, Summa Equity Fund I (Summa) entered into an agreement to acquire Norsk Gjenvinning from Altor Fund III (Altor). The transaction is subject to government approval and is expected to be completed in Q1 2018.   Norsk Gjenvinning is Norway’s largest and leading recycling company, with approximately 1,200 employees and annual…

Sortera Group AB acquires DT Recycling AB


With its acquisition of DT Recycling AB in Malmö, Sortera Group AB – the Swedish building waste collection and sorting provider – will provide services to Sweden’s four largest metropolitan areas and nearly 75% of the Swedish population.   “The future belongs to those who dare to think big and bold, and in our industry…

Summa Equity acquires Milarex


Summa Equity has acquired 75% of Milarex, a value-added processing company in the salmon industry, from the founder, Jerzy Malek. Summa Equity is a thematically-focused private equity investor with Seafood as one of the focus areas within its “Resource Scarcity” theme.   “With a growing global population amidst global climate issues, the world needs healthy…

Summa Equity acquires EcoOnline AS


Summa Equity acquires EcoOnline AS, a Nordic software company helping customers optimize safe handling of chemicals. Summa Equity becomes the majority shareholder. Viking Venture and management will remain invested alongside Summa Equity.   Christian Melby, Partner at Summa Equity, said: “Nearly all sectors use chemicals and are thereby required to comply with universal legislation and…

Sortera Group AB acquires BIG BAG Group AB


Sortera Group AB acquires 100% of the shares in BIG BAG Group AB and thereby strengthens its position as one of the leading companies in the industry for collection and recycling of construction waste in Sweden.   “The industry is undergoing a period of significant change and it is now time for BIG BAG to…

Summa Equity builds platform for big-data enabled businesses


Summa Equity establishes Summa Digital – a platform for big data enabled businesses with ground breaking technologies within their respective field. The platform holds three businesses that Summa Equity has added to its portfolio.   Summa Equity has invested in Swedish IVBAR Institute AB, Norwegian Documaster AS and UK-based Qlearsite Ltd. All three companies are…

Summa Equity invests in Pagero Group


Summa Equity invests in Pagero Group, a company that develops and markets Pagero Online, a cloud-based network platform for communication of business documents within the purchase-to-pay, order-to-cash and logistic-to-pay (TMS) processes. Summa Equity becomes the largest shareholder. CEO Bengt Nilsson and management will remain invested alongside Summa Equity.   Christian Melby, Partner at Summa Equity, said: “In our…

Summa Equity acquires Lin Education


Summa Equity has acquired Linfre Education AB from the founder and a handful of private investors. The founder and CEO Josef Lind will reinvest the majority of his proceeds, and the management team will also invest alongside Summa Equity.   Tommi Unkuri, Partner at Summa Equity, said: “We are very excited about concluding Summa Equity’…

Summa Equity’s first fund closes at SEK 4.5 billion


Summa Equity today announces that its first fund, Summa Equity Fund I, has closed with commitments of SEK 4.5 billion, exceeding the initial target of SEK 3.3 billion after being significantly oversubscribed. The fund size was limited to SEK 4.5 billion despite oversubscription.   Summa Equity was founded in 2016 by five partners brought together…