NAXS has made an investment commitment to Equip Capital Fund I LP

NAXS has made an investment commitment of NOK 20 million to the private equity buyout fund Equip Capital Fund I LP (“Equip” or the “Fund”).

Equip is a new private equity manager established by an Oslo-based team with background from Herkules Capital. NAXS is an investor in Herkules Fund III.
The Fund has a size of NOK 1.9 billion and was oversubscribed at final close. Equip will focus on the small/midcap segment in the Nordic region, primarily Norway and Sweden, with three main focus sectors: consumer services, industrials and business services.
At final close in December Equip had already invested in 6 portfolio companies, including Makeup Mekka, Holy Greens and Bastard Burgers.

Contact information:
Lennart Svantesson, CEO
Telephone: +46 73 311 00 11

This information was submitted for publication, through the agency of the contact person set out above, at 11:00 CET on December 21, 2020.