About Herkules Capital
Herkules Capital is a private equity firm founded in 2004. It is primarily based in Oslo, Norway. As of Oct 2026, Herkules Capital has a portfolio of 26 companies, comprising 26 funding rounds and 16 acquisitions. The firm primarily invests in companies based in Norway and Sweden. Its portfolio is spread across a wide range of sectors from Enterprise Applications to Consumer Goods. Most recently it acquired stakes in Eterni on Dec 20, 2017.
Overall Herkules Capital portfolio has seen 2 IPOs and 19 acquisitions, namely Nevion, Seagull and Beerenberg.
Herkules Capital has a team of 1 people.
Herkules Capital's Portfolio
Herkules Capital has a portfolio of 26 companies. They have invested in a total of 26 companies. Their most recent investment was in Linas Matkasse (Series B round) on Jul 23, 2015. Here are the most recent investments by Herkules Capital:Date | Company | Round | Amount | Co-Investors |
|---|---|---|---|---|
Jul 23, 2015 | Series B | 3327 | - | |
Aug 2011 | PE | 7480 | - | |
Sep 2010 | PE | 5336 | - | |
Oct 2008 | PE | 9370 | - |
Herkules Capital has acquired 16 companies. Their most recent acquisition was of Eterni on Dec 20, 2017. Here are the most recent acquisitions by Herkules Capital:
Acquisition Date | Company | Short Description | Total Funding | Founded Year |
|---|---|---|---|---|
Dec 20, 2017 | Provider of recruitment services | - | 2011 | |
Jul 11, 2017 | Manufacturer of ergonomically designed school backpacks | - | - | |
Dec 22, 2015 | Italian Restaurant in Norway | - | 2006 | |
May 13, 2019 | E-learning content for the maritime industry | - | 1996 |
Here is the portfolio snapshot of Herkules Capital:
Acquisitions by Year
The maximum number of acquisitions were made in 2017
Portfolio by Location
Companies are primarily in Norway and Sweden
Portfolio by Sector
Companies are primarily in Enterprise Applications
Team profile of Herkules Capital
Herkules Capital has a team of 1 member.Herkules Capital News
•
Linas Matkasse Holding II AS, owned by Herkules Private Equity Fund, has sold all its remaining shares in LMK Group AB (publ)Cision•Mar 02, 2023•LMK Group, Herkules Capital, Pareto Securities
•
•
E. J. McKay advises Norwegian Private Equity Fund Herkules Capital on the sale of Beckmann AS to Shanghai M&G Stationery GroupPR Newswire•Aug 17, 2021•Herkules Capital, Beckmann, E.J. McKay
•
ODLO sportswear acquired by Monte RosaCyclingIndustry•May 15, 2020•Odlo, MONTEROSA SPORT, Herkules Capital, Monterosa and 1 other
•
KVH Announces the Sale of Videotel for $90 Million to Focus on Core Strategic InitiativesKVH•May 13, 2019•KVH, Oakley Capital, Videotel, Seagull and 3 others
•
Oakley Capital Buys Majority Stake In Two Maritime E-Learning FirmsMorningstar•May 13, 2019•Oakley Capital, Herkules Capital, KVH, Videotel and 1 other
•
•
Adelis Equity Partners’ Acquisition of DidriksonsGlobal Legal Chronicle•Sep 03, 2018•Adelis Equity Partners, Didriksons, Herkules Capital
•
Nokia wins its largest-ever GSM-Railway contract with Polish PKP Polskie Linie Kolejowe to modernize critical communications networkPressreleasepoint•Mar 29, 2018•Nokia, Herkules Capital, WASKO, PKP

