News

Longship became majority owner of Sensio in 2018. Through this transaction Longship is fully realizing the investment from Fund I and is making a new investment from its latest Fund III. Longship will continue their active ownership involvement and, in cooperation with Nordic Capital, support the company in the next stage of Nordic and international expansion.

Longship Fund III ("Longship") has entered into an agreement to acquire (60%) of the shares in Onsagers AS. Onsagers is the leading IP law firm and IP management consulting firm in Norway, with a particularly strong position in consulting related to patents, trademarks and the use of intellectual assets. The investment is made from Longship Fund III and establishes a partnership between Longship, partners and the employees of Onsagers. Employees will own (40%) of the shares after the transaction.

Longship Fund III (“Longship”) has acquired a majority stake in Star Information Systems AS (“STAR”), a global maritime software solution provider. Existing shareholders will stay on as minority investors.

The regional leading diving companies Dykkerteknikk AS, IMC Diving AS, EB Marine AS, Anleggsdykk AS, and Olav Erik Hagen AS with their subsidiary Norwegian Tunnel Inspection AS have formed a new, nationwide diving services group. The group will become one of Norway’s leading players within shallow water diving and adjacent subsea services, with the highest quality in the marked on both safety and deliverability.

Longship Fund I (“Longship”) has, as of June 30th, 2023, divested 100% of its shares in Garda Sikring Holding AS and its subsidiaries (“Garda”) to EMK Capital (“EMK”).

Longship announces first and final close of its third fund at NOK 2.1 billion hard cap in less than four months, despite challenging market backdrop.

Longship Fund II LP («Longship») has as of the 1st of December 2022 acquired 51% of the shares in Move AS («Move»), joining forces with existing shareholders and management in supporting the company’s continued growth journey.

Longship Fund II (“Longship”) will as of April 1st, 2022, own 57.12% of the shares in Hydor AS, after a combination of share purchase from the two founders, Johan Gjernes and Morten Skomsøy, and injection of new capital for further growth.

Longship Fund I (“Longship”) has as of July 11th, 2021, entered into an agreement to divest 100% of its shares in Ecura Holding AS and its subsidiaries (“Ecura”) to Ecura management and Karbon Invest AS (“Karbon”). The management team and key employees will take a leading role in the continued development of the company, backed by Karbon.

Longship brings Summa Equity on board as an investor in Nofitech, a leading turn-key supplier of recirculating aquaculture systems (RAS), to support growth opportunities in land-based fish farming.

Longship Fund II (“Longship”) has as of June 23rd, 2021 entered into an agreement with the shareholders of The Cloud People AS (“TCP”) to invest growth capital into the company. Following the acquisition, Longship will own the majority of the shares, and the management team and key employees will hold the remaining shares. As of June 25th, Swedish Verano SpringStep was confirmed as the first add-on acquisition.

Longship Fund I (“Longship”) has as on April 13th, 2021 divested 100% of its shares in Norian Topco AS and its subsidiaries (“Norian”) to the Norwegian accounting and IT company ECIT AS. The management team will continue to work in Norian, and will retain an ownership stake in Norian as well as reinvest part of the proceeds in ECIT. Norian is the second exit from Longship Fund I in 2021.

Longship Fund II (“Longship”) has as of March 20th, 2021 agreed to acquire 100% of the shares in Westcon Power & Automation AS (“WPA”) from Westcon Group AS (“Westcon”).

Longship Fund II (“Longship”) has as of February 19th, 2021 acquired 100% of the shares in Gexcon AS from NORCE Norwegian Research Centre AS (“NORCE”).

Longship Fund I (“Longship”) has as of January 15th, 2021 together with Founder Helge Rustand and the employees divested 100% of the shares in HRP AS and its subsidiary HR Prosjekt AS (“HRP”) to the Swedish investment company Broviken AB.

Longship, the Norway based lower mid-market buyout specialist, has closed its second buyout fund. The fund held its first and final closing on November 4th, at the hard cap of 1.7 billion (c. EUR 160 million). The announcement of Fund II comes less than five years after Fund I closed. Longship now manages NOK 3.1 billion (c. EUR 300 million) in aggregated capital commitments across its two funds.