Eqvitec

Eqvitec Partners was a prominent privately owned and independent Nordic private equity firm based in Helsinki, Finland, with a long history stretching back to the late 1980s. The firm advised six funds, accumulating a total capital base that exceeded €300 million, which translates to over $420 million based on historical exchange rates. Eqvitec primarily focused on growth equity investments, targeting established, profitable companies within the Nordic region. Their strategy involved taking significant minority or majority stakes in businesses poised for expansion and internationalization.

The firm's investment thesis centered on partnering with companies that demonstrated strong market positions and growth potential, often those with annual revenues typically ranging from €10 million to €100 million, or approximately $14 million to $140 million. Eqvitec's typical first cheque for these growth-stage companies ranged from €5 million to €20 million, equating to roughly $7 million to $28 million. They sought to provide capital for strategic initiatives such as organic growth, acquisitions, and international market entry, leveraging their operational expertise to support portfolio companies.

While Eqvitec Partners played a significant role in the Nordic private equity landscape for several decades, their active investment period largely concluded in the early 2010s. Their last reported fund activity dates back to 2007, and public records indicate their last exits occurred around 2014. Consequently, Eqvitec Partners is no longer actively making new investments or raising new funds, functioning more as a legacy firm managing its remaining portfolio. Their historical contributions include fostering growth in various sectors, including technology, industrial, and services, across the Nordic countries.