Readings

Why Collaboration is Key to Achieving the 17 SDGs

John W MacArthur is Senior Fellow and Director of the Centre for Sustainable Development at the Brookings Institution, and co-founder and co-chair of 17 Rooms, a partnership between the Center for Sustainable Development at Brookings and The Rockefeller Foundation.

7 min read

Strategy for Impact in the World of Sustainable Investing with Zoe Bulger

With a background in the social sector focused on supporting mission-oriented founders and organizations, Zoe Bulger, Impact Manager at Summa Equity, is all about integrating impact and ESG across the investment process and across portfolio companies, as well as the reporting side of it.

7 min read

New company, Velsera, represents Summa Equity’s vision to improve global health outcomes

Stockholm, 12 January 2023 – New company Velsera was announced today at the J.P. Morgan Healthcare Conference in San Francisco, California. The vision for Velsera is supported by thematic-focused impact fund Summa Equity (“Summa”).

5 min read

Reframing Mindset to Help Build Better Leaders with Roberto Verganti

Roberto Verganti is Professor of Leadership and Innovation at the Stockholm School of Economics, and Design Theory and Practice at the Harvard Business School. Roberto firmly believes that reframing is the most advanced leadership skill leaders can possess. But what is reframing?

7 min read

Summa Equity, Verdane, and Kinnevik invest NOK 1.5 bn in Norwegian online grocery store Oda

Summa Equity partners with investment companies Verdane and Kinnevik as co-investors in Norwegian Oda to solidify its position as a leading, profitable, and sustainable online grocery store. This means that even more customers in Norway, Finland, and Germany will get access to affordable grocery products, delivered to their doorstep.

4 min read

Why We Need a Common Standard for Sustainable Reporting with Conor Kehoe

Having spent the majority of his career at McKinsey & Co, Conor Kehoe lived the intergenerational, integrated thinking that is so desperately needed in public companies. Now, as Chair of the International Integrated Reporting Council (IIRC), Conor is championing for integrated reporting and accounting practices to become mainstream.

7 min read

Why Unity and Collaboration are Key to Saving the World with Gro Harlem Brundtland

Dr. Gro Harlem Brundtland is a physician, politician, and the former Prime Minister of Norway, as well as former Director General of the World Health Organization. In 1983, the World Commission on Environment and Development, known as the Brundtland Commission, was established and chaired by Gro. Then, in 1987, they published a report called The Brundtland Report.

6 min read

Summa Equity won two awards at the Private Equity Exchange and Awards 2022

For the third time in a row, Summa Equity won the award for best Nordic LBO fund and Best ESG Private Equity Initiatives.

1 min read

Why Impact Investing is a Sustainable Solution to Global Challenges with H.S.H. Prince Max von und zu Liechtenstein

H.S.H. Prince Max von und zu Liechtenstein is chairman of the wealth and asset manager, LGT group, managing over $300 billion US dollars worth of client assets from offices in 20 of the world’s key financial centers.

But what motivates Prince Max, a member of the Liechtenstein Princely Family, a family that has been entrepreneurial for centuries and today runs a company portfolio ranging from agriculture and forestry to the production of alternative energies and the financial industry?

Let’s find out.

7 min read

Bertrand Camus joins Summa Equity

Stockholm, 22 September 2022: Summa Equity (“Summa”, www.summaequity.com) welcomes Bertrand Camus, the former CEO of French multinational utility company SUEZ, as a thematic partner.

3 min read

Why Businesses Need to be Challenged on Their Social & Environmental Efforts with Tariq Fancy

Tariq Fancy, founder of Rumie Initiative, an education tech company using innovative mobile based micro learning to bring free digital learning and to close learning gaps, last year wrote a manifesto outlining how he had gone from evangelizing sustainable investing for the world’s largest investment firm BlackRock, to criticizing sustainable investing as a dangerous placebo that harms the public interest.

8 min read

Highlights from Impact/Return

As part of Stockholm Impact Week, Summa Equity (“Summa”) co-hosted Impact/Return, together with the Norrsken Foundation. The event is all about how the world’s greatest challenges are also the world’s greatest opportunities for impact investors (something Summa can get behind!).

3 min read

Bringing Heart, Healing, Soul & Courage to Business with Raj Sisodia

Raj Sisodia is Distinguished University Professor of Conscious Enterprise, Tecnológico de Monterrey; co-founder of the Conscious Capitalism movement and co-author of The Healing Organisation. But what is conscious capitalism and how can it help us evolve to where we need to go?

10 min read

The Importance of Culture and Leadership with Mirja Lehmler-Brown

After many years in the finance industry, including a spell at Goldman Sachs, Mirja Lehmler-Brown, founding Managing Director and partner at Hayfin Capital Management Private Equity, decided to set up her own company.

As an incredibly value driven individual, Mirja found that in too many larger organizations collaboration, diversity and a sense of responsibility get lost.

But when you start your own business from scratch, she says, you get to set the culture, set the purpose, determine the behaviors that link to the purpose. There’s no legacy to bear in mind, and every single person you hire should have the same values or be driven by the same sense of purpose that you are.

8 min read

Reshaping the Relationship Between Purpose and Profit with George Serafeim

Harvard Business School Professor, George Serafeim, is known as the rockstar of ESG. He’s the man blazing the trail, measuring, driving and communicating corporate performance and social impact – a passion he developed growing up in Athens, Greece.

“I witnessed the value of meritocracy and what happens when you don’t have meritocracy in a society, in an environment, and why it is extremely important to be able to give opportunities to people that deserve those opportunities.”

8 min read

Europe's largest impact fund, Summa Equity, opens a North America office

Europe’s largest impact fund, the Nordic-born Summa Equity (“Summa”), is opening an office in Palo Alto this summer. The California office is Summa’s first outside of Europe, and follows just a few months after Summa announced a USD 2.4 billion impact fund

3 min read

How the Private Equity Industry is Helping Solve Global Challenges with EQT CEO, Christian Sinding

We have little time to change the incoming tide that is the climate crisis, but failure to act at all will only expose us to extreme weather events, acute food and water insecurity, biodiversity loss, and economic and social instability. We all need to act now – we all have a part to play.

But how?

7 min read

Why Creating a Win-Win Economy is Better for Everyone with Reynir Indahl

On this inaugural episode of Summa & Friends, the podcast for people with the courage to care for a wiser future, is Reynir Indahl, founder and managing partner of Summa Equity.

Summa Equity is a private equity firm set up in 2016 to invest in companies and help solve global challenges. Because the imminent challenges the world faces are not faced by a few individuals, they’re going to affect every single one of us.

The very heart of humanity, what we are and what we want is threatened on so many levels, says Reynir. It’s vital to have a platform where people can learn not only about these problems, but realize they are solvable – we can do it, we just all need to play our part.

6 min read

Summa Equity publishes Portfolio Report 2021

We are excited to release Summa Equity’s (“Summa”) fifth 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.

1 min read

TBAuctions and Swedish Klaravik to join forces to meet demand in the European online auction space

TBAuctions, a Summa Equity portfolio company and the parent company of multiple online auction platforms, including Troostwijk Auctions (B2B) and BVA Auctions (B2C), is joining forces with Klaravik AB, based in Karlstad, Sweden. This intended merger complements the European growth ambitions of both TBAuctions and Klaravik to become one of the leading online auction platforms in Europe. The declaration of intent was signed Friday, May 27th.

4 min read

Summa Equity Fund II to sell its shares in EcoOnline to APAX Partners LLP

June 2nd, 2022, Stockholm: A company owned by funds advised by Apax Partners LLP (“Apax”), has reached an agreement with EcoOnline Holding AS (“EcoOnline”), the European EHS SaaS company listed on Euronext Growth (OSE ticker: ECO), to launch a recommended cash tender offer (the “Offer”) for all the issued and outstanding shares of EcoOnline. Summa Equity Fund II (“Summa”), through a wholly owned subsidiary, has signed a pre-acceptance undertaking to sell its shares in EcoOnline.

3 min read

Summa Equity Fund II awarded as Best Buyout Manager (fund size up to $2.5bn)

Summa Equity Fund II (“Summa”) has been awarded as the Best Buyout Manager (fund size up to $2.5bn) by the Private Equity Wire European Awards 2022.

1 min read