About FSN Capital
FSN Capital is a private equity firm founded in 1999. It is primarily based in Oslo, Norway. As of Oct 2026, FSN Capital has a portfolio of 29 companies, comprising 29 funding rounds and 44 acquisitions. In the last 12 months, it has participated in 1 acquisition. The firm primarily invests in companies based in Sweden and Denmark. Its portfolio is spread across a wide range of sectors from Enterprise Applications to Consumer. Most recently it acquired stakes in SOAL Marine on Apr 01, 2026.
Overall FSN Capital portfolio has seen 3 IPOs and 9 acquisitions, namely Vizrt, Lagkagehuset and TASKING. A lot of funds co-invest with FSN Capital, with names like Verdane sharing a substantial percentage of its portfolio.
FSN Capital has a team of 72 people, including 15 partners.
Key Metrics
Founded Year
1999
Location
Oslo, Norway
Portfolio Companies
Portfolio Sectors
Acquisition Deals
Investment Deals
FSN Capital's Portfolio
FSN Capital has a portfolio of 29 companies. They have invested in a total of 29 companies. Their most recent investment was in UHL (PE round) on May 13, 2025. Here are the most recent investments by FSN Capital:Date | Company | Round | Amount | Co-Investors |
|---|---|---|---|---|
May 13, 2025 | PE | 7219 | - | |
Apr 13, 2023 | Series A | 8274 | ||
Jan 12, 2023 | Unattributed | 2325 | ||
Sep 15, 2022 | PE | 9802 | - |
FSN Capital has acquired 44 companies. Their most recent acquisition was of SOAL Marine on Apr 01, 2026. Here are the most recent acquisitions by FSN Capital:
Acquisition Date | Company | Short Description | Total Funding | Founded Year |
|---|---|---|---|---|
Apr 01, 2026 | Developer of unmanned packages, jet boards, marine technical solutions, and training | - | 2019 | |
Jan 05, 2023 | Provider of software solutions for data integration and process automation | - | 2002 | |
Dec 27, 2022 | Provider of application development, data & cloud management, and security services | - | 2002 | |
May 27, 2022 | Provider of fire detection services | - | 1987 |
Here is the portfolio snapshot of FSN Capital:
Investments by Year
The maximum number of investments were made in 2022
Acquisitions by Year
The maximum number of acquisitions were made in 2019
Portfolio by Location
Companies are primarily in Sweden and Denmark
Portfolio by Sector
Companies are primarily in Enterprise Applications
Team profile of FSN Capital
FSN Capital has a team of 72 members including 15 Partners and 8 Principals located in Norway, Germany and 7 more locations. FSN Capital's team sits on the board of 1 company.Here is a list of top team members in FSN Capital:
Name | Designation | Location | Board Memberships | Contact Details |
|---|---|---|---|---|
Partner | Oslo | - | - | |
Partner | Oslo | - | - | |
Partner | Oslo | - | ||
Partner | Norway | - | - | |
Partner | Oslo | - | - | |
Partner | Stockholm | - | ||
Partner | Copenhagen | - | ||
Partner | Stockholm | - | ||
Partner | Oslo | - | - | |
Partner | Copenhagen | - | ||
Partner | Munich | - |
Co-investors of FSN Capital
Over the past 27 years, 2 investors have co-invested in FSN Capital's portfolio companies.
- Top Co-investors of FSN Capital: 2 investors entered a company along with FSN Capital. These include investors like Verdane (2 companies).
FSN Capital News
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Prange Group Sells Remaining Shares in Adragos Pharma to FSN CapitalChemanager Online•Sep 18, 2026•FSN Capital
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InstallatørGruppen A/S Announces Major Shareholder Transaction and Holding Structure UpdateGlobeNewswire•Jul 11, 2026•FSN Capital, InstallatorGruppen
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BoldR Group Completes €110 Million Bond Issuance and RefinancingGlobal Legal Chronicle•Oct 06, 2025•White & Case, FSN Capital, https://www.boldr-group.com/
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Norcros to acquire Fibo Group for c. £45 million
DirectorsTalk Interviews•Jul 15, 2025•Norcros, FSN Capital, Fibo Investor
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FSN Capital closes new continuation fund at EUR 588 millionVenture Capital magazine•Aug 06, 2024•FSN Capital
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FSN Capital’s €400 Million Compass Fund FormationGlobal Legal Chronicle•May 20, 2024•FSN Capital, Carey Olsen, Kirkland & Ellis
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FSN becomes largest shareholder through acquisition of new Medifron sharesDigitalToday•Feb 16, 2024•Medifron, FSN Capital
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MEGABAD’s Acquisition of Le Monde du Bain and Formation of Swash GroupGlobal Legal Chronicle•Dec 12, 2023•Norton Rose Fulbright, MEGABAD, FSN Capital, Le Monde du Bain
