Sverre Bjerkeli

Overview

Sverre Bjerkeli is a Norwegian businessman and investor, best known for his significant stake in Webstep ASA, a leading Norwegian technology and consulting company. He co-founded Hvaler Invest AS in 2004, a family-owned investment firm, and served as its CEO until his retirement in 2021. Under his leadership, Hvaler Invest achieved a 30% compound annual growth rate (CAGR) return to shareholders and a 20% CAGR return on equity (ROE). The firm's portfolio grew organically to approximately 12 billion NOK, maintaining a combined ratio below 92%. Hvaler Invest focuses on long-term value investments, typically holding fewer than ten assets. The firm emphasizes prudent capital management and a strong commitment to environmental, social, and governance (ESG) principles. While dividends are not a primary objective, the firm ensures that capital management aligns with its investment philosophy. Hvaler Invest is open to investments and board positions in select medium-sized, listed companies, particularly those that are undervalued or overlooked by other investors. In addition to his role at Hvaler Invest, Sverre Bjerkeli has been closely associated with Webstep ASA, serving as a board member. Hvaler Invest has made several significant investments in Webstep ASA, including the purchase of 697,250 shares at an average price of NOK 21.50 per share on February 15, 2024, and 290,534 shares at an average price of NOK 23.50 per share on May 24, 2024. These transactions highlight his active involvement and confidence in Webstep ASA's growth and strategic direction.