Summa Equity Acquires Majority Stake in Bollegraaf Group

Summa Equity (via NG Group) Acquires Fortum Recycling & Waste from Fortum

December 2, 2024

Environmental Services

Summa Equity, through its portfolio company NG Group, has completed the acquisition of Fortum Recycling & Waste from Fortum Corporation for approximately EUR 800 million on a debt- and cash-free basis. The deal combines Fortum's recycling and waste business (≈900 employees) with NG Group to create a Nordic circular-economy leader with combined revenues of about EUR 1.2 billion, ~3,500 employees and expanded hazardous-waste and recycling capabilities.

Summa Equity and Goldman Sachs Acquire Stakes in EcoOnline

February 18, 2020

Cloud & SaaS

Summa Equity Fund II and Goldman Sachs Merchant Banking Division have each agreed to acquire a 33% ownership stake in EcoOnline from selling shareholders including Summa Equity Fund I and Viking Venture, securing new capital to support the company's international expansion. The transaction, which keeps Summa Equity as a controlling shareholder, will fund organic and acquisition-based growth of EcoOnline's HSEQ SaaS platform and is subject to antitrust approval.

Summa Equity Acquires Holdbart

May 6, 2021

Food & Beverage

Summa Equity has acquired Holdbart, a Norwegian surplus-food retailer that operates multiple physical outlets and an online grocery store, to support the company's expansion and professionalization. The founders and existing management will co-invest and remain involved as Summa Equity provides capital and expertise to scale outlets, partnerships with food producers/wholesalers, and heighten visibility.

Ergon and Summa Management Acquire Summa from Gimv

July 7, 2021

Manufacturing

Ergon, together with Summa's management team, has acquired Summa from Gimv in a management buyout. Summa is a Belgium-headquartered manufacturer of digital cutting equipment that employs over 150 people and will partner with Ergon to accelerate international expansion, product development and software initiatives.

Summa Equity Acquires Majority Stake in Logpoint

March 2, 2023

Cybersecurity

Summa Equity is acquiring a majority stake in Logpoint, the Copenhagen-based cybersecurity vendor, via its EUR 2.3bn Fund III to build a European cybersecurity powerhouse. The transaction leaves Yttrium as a significant minority shareholder and is subject to final regulatory approval (expected Q2 2023).

Nordic Capital Acquires Sortera from Summa Equity

March 7, 2021

Environmental Services

Nordic Capital has agreed to acquire Swedish environmental services provider Sortera from Summa Equity, with Lightrock selling its stake and Sortera founder Conny Ryk's Ryk Group reinvesting and remaining an investor. Sortera, headquartered in Stockholm with just over 420 employees and pro forma 2020 revenues of SEK 1.4 billion, has expanded across the Nordics through organic growth and ten add-on acquisitions under Summa Equity's ownership.