Company lists · Data refreshed September 2026

Top 25 Upper middle market private equity firms based in Norway

RevenueBase identified 63 upper middle market private equity firms headquartered in Norway as of September 2026 and tracks 900 professional contacts across them, including 226 with verified work emails. Oslo is the largest hub.

This list covers upper middle market private equity firms headquartered in Norway, matched on what each company actually does as described in its own words. Ranked by team size, largest first. Every row shows the company's own description, its RevenueBase Smart Search rating, and when it was last checked. Data refreshed September 21, 2026.

Published by RevenueBase, a B2B data infrastructure company. This list was built with RevenueBase Smart Search, the natural-language company search RevenueBase customers use to build their own targeted lists and unlock verified emails and direct dials at the companies on them. How these lists are built and judged.

How to read this list HQ checked on every row RevenueBase Smart Search rating on every row Refreshed Sep 21, 2026 86% judged on-target in blind review
63Companies
900Contacts tracked
226Verified emails
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The 25 largest upper middle market private equity firms based in Norway

Ranked by team size
Top 25 of 63 upper middle market private equity firms based in Norway, ranked by team size, largest first. Data refreshed Sep 21, 2026. RevenueBase Smart Search rates how each company's information relates to upper middle market private equity firms: strong evidence (its own description names it), partial (names part of it), indirect (matched on the rest of its profile rather than the description shown). Click a contact count to view that company's people.
#CompanyRevenueBase Smart SearchHeadquartersEmployeesContacts
1Indirect evidenceOslo, NorwayHQ checked Sep 21, 202610001+432 contacts →

Indirect evidence

“Orkla ASA is a leading industrial investment company.”

Source: RevenueBase Database · checked Sep 21, 2026
2Strong evidenceOslo, NorwayHQ checked Sep 21, 202651-200126 contacts →

Strong evidence

“Established in FSN Capital Partners is a leading Northern European private equity firm and investment advisor to the FSN Capital Funds.”

Source: RevenueBase Database · checked Sep 21, 2026
3Strong evidenceOslo, NorwayHQ checked Sep 21, 202651-20056 contacts →

Strong evidence

“Norvestor Advisory is a leading private equity company focusing on mid-market buyouts in the Nordic region.”

Source: RevenueBase Database · checked Sep 21, 2026
4Indirect evidenceOslo, NorwayHQ checked Sep 21, 202611-5026 contacts →

Indirect evidence

“Kistefos AS is an investment firm with investments in offshore, shipping, financial services, IT/telecom and real estate.”

Source: RevenueBase Database · checked Sep 21, 2026
5Indirect evidenceOslo, NorwayHQ checked Sep 21, 2026201-50016 contacts →

Indirect evidence

“A driver for innovation and growth As owners, we are engaged and active.”

Source: RevenueBase Database · checked Sep 21, 2026
6Partial evidenceOslo, NorwayHQ checked Sep 21, 202611-5016 contacts →

Partial evidence

“Canica is one of the largest privately owned investment companies in Norway.”

Source: RevenueBase Database · checked Sep 21, 2026
7Indirect evidenceLysaker, NorwayHQ checked Sep 21, 202611-5015 contacts →

Indirect evidence

“Akastor is an oil-services investment company with a portfolio of industrial holdings and other investments.”

Source: RevenueBase Database · checked Sep 21, 2026
8Strong evidenceOslo, NorwayHQ checked Sep 21, 20261-1011 contacts →

Strong evidence

Equip Capital was founded in 2018 by five experienced private equity professionals with its headquarter in Oslo, Norway.”

Source: RevenueBase Database · checked Sep 21, 2026
9Indirect evidenceOslo, NorwayHQ checked Sep 21, 20261-109 contacts →

Indirect evidence

“Monte Rosa Capital is focused on investing in and developing mid-sized companies either through accelerated growth or through turning underperforming businesses into healthy ones.”

Source: RevenueBase Database · checked Sep 21, 2026
10Indirect evidenceOslo, NorwayHQ checked Sep 21, 20261-108 contacts →

Indirect evidence

“A partner of choice in helping growth companies and entrepreneurial management teams to excel.”

Source: RevenueBase Database · checked Sep 21, 2026
11Indirect evidenceBergen/stavanger/oslo, NorwayHQ checked Sep 21, 20261-107 contacts →

Indirect evidence

“Vi investerer i selskaper innenfor media, teknologi og tjenester.”

Source: RevenueBase Database · checked Sep 21, 2026
12Indirect evidenceOslo, NorwayHQ checked Sep 21, 20261-106 contacts →

Indirect evidence

“Papillon was set up to serve as vehicle to achieve long-term, viable, sustainable growth for primarily European based vertical software companies.”

Source: RevenueBase Database · checked Sep 21, 2026
13Indirect evidenceStavanger, NorwayHQ checked Sep 21, 20261-106 contacts →

Indirect evidence

“Camar er et familie-eiet investeringsselskap, etablert i 1994 i Stavanger.”

Source: RevenueBase Database · checked Sep 21, 2026
14Indirect evidenceOslo, NorwayHQ checked Sep 21, 20261-106 contacts →

Indirect evidence

“Inin Group is an industrial owner that follows a vertical-focused buy-and-build strategy in order to identify and invest in profitable niches with potential for development and…”

Source: RevenueBase Database · checked Sep 21, 2026
15Strong evidenceKristiansund, NorwayHQ checked Sep 21, 20261-106 contacts →

Strong evidence

“Bølgen Invest is a private equity firm founded in 2004, located in Kristiansund, Trondheim and Oslo.”

Source: RevenueBase Database · checked Sep 21, 2026
16Indirect evidenceOslo, NorwayHQ checked Sep 21, 20261-106 contacts →

Indirect evidence

“Selmer Capital Partners is a family owned investment company.”

Source: RevenueBase Database · checked Sep 21, 2026
17Indirect evidenceStavanger, NorwayHQ checked Sep 21, 20261-106 contacts →

Indirect evidence

“HAVN Capital partners with innovative companies to advance decarbonisation across Europe.”

Source: RevenueBase Database · checked Sep 21, 2026
18Partial evidenceOslo, NorwayHQ checked Sep 21, 20261-105 contacts →

Partial evidence

“BlueCorp is a private corporate advisory and investment company, focused on providing business-critial advice to companies by taking an active role in the top-management.”

Source: RevenueBase Database · checked Sep 21, 2026
19Indirect evidenceBergen, NorwayHQ checked Sep 21, 20261-105 contacts →

Indirect evidence

“Tertnes Holding er et aktivt investeringsselskap med langsiktig eierskap i selskaper på tvers av bransjer.”

Source: RevenueBase Database · checked Sep 21, 2026
20Indirect evidenceOslo, NorwayHQ checked Sep 21, 202611-504 contacts →

Indirect evidence

“Montin er et aktivt investeringsselskap med hovedfokus på eiendomsrelaterte investeringer.”

Source: RevenueBase Database · checked Sep 21, 2026
21Indirect evidenceOslo, NorwayHQ checked Sep 21, 202651-2003 contacts →

Indirect evidence

“BTG is an active investment company that focus on operational management and development of its subsidiaries.”

Source: RevenueBase Database · checked Sep 21, 2026
22Indirect evidenceOslo, NorwayHQ checked Sep 21, 20261-103 contacts →

Indirect evidence

“Moxie AS, established in is located in Oslo, Norway.”

Source: RevenueBase Database · checked Sep 21, 2026
23Indirect evidenceOslo, NorwayHQ checked Sep 21, 20261-103 contacts →

Indirect evidence

“Coretech Capital is an investment company looking to break new grounds.”

Source: RevenueBase Database · checked Sep 21, 2026
24Indirect evidenceKristiansand, NorwayHQ checked Sep 21, 20261-102 contacts →

Indirect evidence

“LTL AS is an investment company with head office at Vige in Kristiansand.”

Source: RevenueBase Database · checked Sep 21, 2026
25Indirect evidenceOslo, NorwayHQ checked Sep 21, 20261-102 contacts →

Indirect evidence

“Saga Management søker aktivt bransjer, bedrifter eller grupper av selskaper som står overfor strategiske, finansielle og/eller operasjonelle utfordringer og som søker…”

Source: RevenueBase Database · checked Sep 21, 2026

Showing 25 of 63 upper middle market private equity firms based in Norway

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Upper middle market private equity firms based in Norway at a glance

As of Sep 21, 2026
25.1%Verified-email coverage
14.3Average contacts per company
1-10Median size (employees)
60.3%Largest-city concentration · Oslo
Sep 21, 2026Page data refreshed

Companies by employee count

1-10
49
11-50
8
51-200
4
201-500
1
10001+
1

Email recency for this list is measured worldwide rather than for Norway, so it is reported there. Company counts and contact totals on this page are exact for Norway, over 63 companies.

How this list was built

Company categories are rarely black and white. RevenueBase reads each company's own description of its business to decide whether it belongs among upper middle market private equity firms, so some rows will be adjacent to the category rather than pure plays. The description and RevenueBase Smart Search rating on every row are there so you can check each match yourself.

Source
The RevenueBase company graph: 60 million companies and 398.9 million professional contacts resolved from primary sources, queried with RevenueBase Smart Search, the natural-language company search available to every RevenueBase user.
What qualifies
Companies headquartered in Norway whose own description of what they do matches “upper middle market private equity firms”. Matching reads each company's description, not its industry code or its name.
RevenueBase Smart Search
RevenueBase Smart Search is how this list is assembled and how each row is rated. RevenueBase's data engine and AI assess a company's LinkedIn profile, information supplied directly by the company, its website and other publicly available information, then relate it to a category defined in a user's own words. Each row is rated strong evidence (its own description names upper middle market private equity firms), partial evidence (it names part of the category) or indirect evidence (the description shown names none of it and the match rests on the rest of the company's profile). The description supporting each rating is quoted on the row.
What we exclude
Companies whose own description does not clearly place them among upper middle market private equity firms, and records with no verified work email. Companies headquartered outside Norway are excluded even when they keep an office there.
Match quality
In blind human judging of this matching method, 86% of matched companies were on target. Expect roughly 1 in 7 rows to be adjacent to the category rather than a pure play. Every row shows the company's own description and its RevenueBase Smart Search rating so you can judge each match yourself. Read the full methodology: how the lists are built, how the judging worked, and what the figure means.
Ranking
Team size, largest first: companies are ordered by the number of professionals RevenueBase tracks at each one. Employee ranges shown are reported bands, for context.
Verification
Every listed company carries at least one verified work email, 226 across the full list. Contacts re-verify on a rolling cadence, and each contact's own verification date is shown inside RevenueBase.
Refresh
This page's figures were pulled from the company graph on September 21, 2026. Lists refresh periodically as the graph is re-checked.
Corrections
Wrong category, wrong headquarters, or a company that has closed? Use “Report an issue” on any row. Reports go to the RevenueBase Data Team and feed back into the company graph.

Upper middle market private equity firms by metro

  • Upper middle market private equity firms in Oslo38

Frequently asked

What is RevenueBase Smart Search?

RevenueBase Smart Search is how RevenueBase decides which companies belong on this list and how strongly each one fits. Its data engine and AI assess a company's LinkedIn profile, information supplied directly by the company, its website and other publicly available information, then relate it to the category the list is about. Each row is rated strong evidence when the company's own description names upper middle market private equity firms, partial evidence when it names part of the category, and indirect evidence when the description shown names none of it and the match rests on the rest of the company's profile.

How many upper middle market private equity firms are there based in Norway?

RevenueBase identified 63 upper middle market private equity firms headquartered in Norway as of September 2026, matched on each company's own description of what it does rather than its industry code.

What is the largest company on this list?

Orkla ASA, headquartered in Oslo, tops this list with the largest team on record.

Which city has the most upper middle market private equity firms?

Oslo leads with 38 headquartered companies, followed by Stavanger (4) and Bergen (2).

How do I get contact information for these companies?

A free RevenueBase account lets you run this exact search and work the top results, verified emails and direct dials included. Upgrading unlocks all 226 verified decision-maker contacts tracked across these 63 companies.

How current is this list?

The list refreshes periodically as the company graph is re-checked. This page's figures were pulled on September 21, 2026.

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About this data

RevenueBase is a B2B data infrastructure company. Its company graph covers 60 million companies and 398.9 million professional contacts, with emails verified on a rolling cadence rather than scraped once and left to decay. These company lists are generated directly from that graph with RevenueBase Smart Search, the same natural-language company search every RevenueBase user has: describe a market in plain words, get the companies that match, and add verified emails and direct dials for the people at them. It is the same data that powers RevenueBase's B2B data products, and a free account includes 500 credits to start. How these lists are built and judged.