List of 3 software private equity funds from Norway [2023]

Norwegian private equity firms have raised a record high of 20 Billion NOK. Only in 2016, the investment firms from Scandinavia have raised more capital.
In this article, we are introducing three interesting software-focused private equity funds from our keyword crawler-based software private equity investors list.

1. Norvestor (Oslo)

Norvestor, an Oslo-based private equity company, mainly invests in medium-sized companies recording revenues in the range of 20-300 Million €. The success of Norvestor relies on focusing on markets and sectors where the firm has its deepened experience and expertise. In consideration of its sustainability concept, the Norwegian firm invests in companies that match their principles such as Position Green. Position Green Group is the Nordic leader in ESG software and consulting and was included in Fund VIII of Norvestor in April 2022.

2. Longship AS (Oslo)

Longship operates as a private equity firm with its focus on long-term investments, concentrating on small- to medium-sized Norwegian companies. Longship co-invests with prior owners, management, or staff members and desires majority ownership stakes. Recently in 2023, the investment firm closed its third fund Longship Fund III. This fund aims to the sectors of health and care, sustainability, technology & solutions, and quality of life.

3. Herkules Capital (Oslo)

Herkules Capital is considered a leading Norwegian private equity firm and invests in Nordic, mainly Norwegian companies. Since 2004, the company established four funds focusing on the areas of energy, industrial technology, services, consumer goods & retail, and healthcare & pharma. Recently the firm acquired a majority stake of 99x, a fast-growing software engineering company, whose rapid growth has been totally organic until now.

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