Nyheter

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.