About Karnell
Karnell is a private equity firm founded in 2008. It is primarily based in Solna, Sweden. As of Jul 2026, Karnell has a portfolio of 26 companies, comprising 26 funding rounds and 7 acquisitions. The firm primarily invests in companies based in Sweden and Finland. Its portfolio is spread across a wide range of sectors from Industrial Goods and Manufacturing to Real Estate and Construction. Most recently it acquired stakes in Sasco on May 09, 2025.
Overall Karnell portfolio has seen 2 IPOs and 11 acquisitions, namely Bravida, KGH Customs and Lekolar.
Karnell has a team of 9 people, including 4 partners.
Key Metrics
Karnell's Portfolio
Karnell has a portfolio of 26 companies. They have invested in a total of 26 companies. Their most recent investment was in Nordic Vehicle (Series B round) on Jun 2011. Here are the most recent investments by Karnell:Date | Company | Round | Amount | Co-Investors |
|---|---|---|---|---|
Jun 2011 | Series B | 9856 | - |
Karnell has acquired 7 companies. Their most recent acquisition was of Sasco on May 09, 2025. Here are the most recent acquisitions by Karnell:
Acquisition Date | Company | Short Description | Total Funding | Founded Year |
|---|---|---|---|---|
May 09, 2025 | Manufacturer of reusable and single-use medical plasticware | - | - | |
Sep 22, 2022 | Provider of industrial welding, laser cutting, edging, machining, assembly, and painting services | - | 1999 | |
Mar 04, 2019 | Manufacturer of putty, glue, and joint | - | 1974 | |
Oct 19, 2020 | Manufacturer of material handling systems | - | 1967 |
Here is the portfolio snapshot of Karnell:
Acquisitions by Year
The maximum number of acquisitions were made in 2019
Portfolio by Location
Companies are primarily in Sweden and Finland
Portfolio by Sector
Companies are primarily in Industrial Goods and Manufacturing
Team profile of Karnell
Karnell has a team of 9 members including 4 Partners and 4 Principals located in Sweden, Finland and 1 more location. Karnell's team does not sit on the board of any company as of now.Here is a list of all team members in Karnell:
Name | Designation | Location | Board Memberships | Contact Details |
|---|---|---|---|---|
Partner | Stockholm | - | ||
Partner | Stockholm | - | ||
Partner | Stockholm | - | ||
Partner | Sweden | - | ||
Principal | London | - | ||
Principal | Espoo | - | ||
Principal | Stockholm | - | ||
Principal | Finland | - | ||
Associate | Stockholm | - |
Karnell News
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Precision engineering firm targeting growth following acquisitionInsider Media•Jul 16, 2024•Neengineeringltd, Karnell
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Verdane acquires Silva and Nordic Vehicle from KarnellUnquote•Jun 30, 2021•Verdane, Silva Sweden AB, Nordic Vehicle, Karnell
