News - 25.11.2014

Herkules IV closed

The Herkules team is pleased to announce that Herkules Fund IV has held its final close at NOK 2.5 bn.

The Fund’s strategy and investment criteria are in line with the previous Herkules funds, and it focuses on five industry sectors;
• Energy
• Consumer Goods & Retail
• Healthcare & Pharma
• Services
• Specialised Industries

The Fund is supported by several Norwegian and international investors, including, 3AP Fonden, Auda, SL Capital, Pantheon, DB Private Equity, AlpInvest and Argentum.

Herkules IV has made 4 investments; Petroleum Technology Company (PTC), Didriksons, Elektroimportøren and PSW Group.

Contact:
Tore Rynning-Nielsen, Senior Partner at Herkules Capital AS
Phone: +47 22 04 80 00

Herkules is a leading Norwegian private equity firm, with an aggregated capital base of more than NOK 15 billion in committed capital from Norwegian and international investors. The funds invest in established companies with strong growth potential, either for organic growth or growth through acquisitions, and focuses on companies based in the Nordic countries. Herkules acquires majority ownership positions in the companies and has extensive experience in partnering with existing shareholders. Herkules has respect for the companies’ history, and takes an industrial approach, focusing on long-term growth.