Current Investments
AF V
Vintage 2019 with total commitments of EUR 210 million.
Investment focus: Senior and subordinated financing to small and medium-sized companies in Northern Europe. Buyouts, expansion financing and recapitalizations. Investment commitment per transaction range from EUR 3m to EUR 25m.
10 investments to date.

Cure Media
Tech-enabled leading provider of influencer marketing services in Northern Europe.

inopla
Provider of a B2B cloud communication platform.

ctrl QS
Specialised digital agency serving large multi-nationals and global brands with support services for rolling out and operating digital solutions.

Undisclosed
Digital marketing company.

Global Leisure Group
Provider of equipment for indoor playgrounds and other leisure related activities.

Evondos
Automated medicine dispensing services to professional home care providers.

13:e Protein Import
Provider of sports nutrition products.

Origo Group
Research services.

Undisclosed
Specialised healthcare.

Bastard Burgers
Premium burger restaurant chain.
AMF IV
Vintage 2014 with total commitments of EUR 103 million.
The investment focus is on senior and subordinated financing facilities to Nordic SMEs in relation to buy-outs, expansion and recapitalisation.
10 investments to date of which 6 fully exited.
Companies

Olivia AS
Restaurant chain with an authentic Italian concept.

Prosero Security Group AB
Installation and service of locks, alarms and surveillance solutions.

Pincho Nation AB
Theme-based restaurant chain with a unique and innovative concept.

SmartCraft
ERP systems for craftsmen.
AMF III
Vintage 2009 with total commitments of EUR 103 million.
10 investments of which 9 fully exited.
Companies

CTEK Group AB
Switch mode battery charger manufacturer.
Exited Investments
ARMADA MEZZANINE FUND IV
Vintage 2014 with total commitments of EUR 103 million.
The investment focus is on senior and subordinated financing facilities to Nordic SMEs in relation to buy-outs, expansion and recapitalisation. 10 investments to date of which 6 fully exited.
Companies

Ocab
Exit Year: 2021
Leading provider of damage control services focusing on water, fire, asbestos and mould damages.

Duett
Exit year: 2020
Leading provider of accounting software and hosting of data to the Norwegian SME market.

Holmes Place Germany
Exit year: 2020
Provider of premium health and fitness clubs in Germany.

Silmäasema
Exit Year: 2017
Provides a full range of services and products relating to eye care and vision.

Admincontrol
Exit Year: 2017
Leading provider of cloud based secure board portal solutions and virtual data room solutions in the Nordic countries.

Linas matkasse
Exit Year: 2017
European leader in the dinner bag market.
ARMADA MEZZANINE FUND III
Vintage 2009 with total commitments of EUR 103 million.
10 investments of which 9 fully exited.
Companies

WallVision
Exit Year: 2022
Wallpaper manufacturer.

Cambio Healthcare Systems AB
Exit Year: 2019
Healthcare information and management systems.

Joe & the Juice
Exit Year: 2016
Chain of juice bars with a unique concept of healthy fast food in a cool ambience.

Envirotainer
Exit Year: 2018
Active temperature-controlled air transportation solutions.

Apotek
Exit Year: 2013
The largest privately owned pharmacy retail chain in Sweden.

EET Group
Exit Year: 2016
A pan-European niche distributor of IT components and spare parts.

Ovenia
Exit Year: 2018
Provides property management services for property investors and corporate clients.
www.ovenia.fi

Inmeta Crayon
Exit Year: 2018
Services for managing corporate software and licences.

Keycast
Exit Year: 2013
Provides casted steel components.