Ekonord Invest AB

Overview

Ekonord Invest AB is a private equity firm based in Östersund, Sweden, focusing on green industries. Established in 2008, Ekonord Invest specializes in investing in small and medium-sized companies that contribute to the development of green businesses, including sectors such as soil, forest, garden, tourism, renewable energy, environmental technology, food, and health. The firm primarily operates in the seven northernmost counties of Sweden and does not invest in the earliest stages of business development. Ekonord Invest provides capital, expertise, and a network to its portfolio companies, with investments ranging between 2 to 25 million SEK in equity capital and convertible loans. The firm requires an ownership stake of at least 15%, board representation, and shareholder agreements, striving to become the single largest external owner in its investments. The evaluation process considers factors such as management experience, market size, competition, customer value, business model scalability, technological advancements, environmental profile, and exit strategy. The firm's portfolio includes companies like Blåland AB, Z-forestab AB, Crancab AB, and Scandinavian Biogas AB. Ekonord Invest was founded by Inlandsinnovation, Länsförsäkringar, Sveaskog, Milko/Arla, LRF, ICA, and E.ON, with their combined expertise guiding the firm's investment areas. Please note that the information provided is based on available sources and may be subject to change.