Nordstjernan Invests in engcon (5% Stake) Ahead of Nasdaq Stockholm Listing

Nordstjernan Invests in Insurtech Insurello

July 9, 2021

Insurance

Nordstjernan, via its Nordstjernan Growth initiative, has made a growth investment in Stockholm-based insurtech Insurello and will become a partner to the founders and existing shareholders. Insurello, founded in 2016, offers a scalable, automated claims-management platform that helps individuals identify policies and secure fair compensation; Nordstjernan cited potential to expand the service into additional geographies and verticals.

Nordstjernan Sells Nordstjernan Growth AB to Buyers Led by Caspar Callerström and Thomas von Koch

March 13, 2025

Financial Services

Nordstjernan has sold its Nordstjernan Growth AB unit to a company co-owned by Caspar Callerström and Thomas von Koch. The divestiture transfers a five-company growth portfolio (Mentimeter, Roaring, Insurello, Zimpler and Oden Technologies) to the new owners so Nordstjernan can focus on larger investments.

Volvo Construction Equipment Completes Acquisition of Swecon (Including Entrack) for 7 Billion SEK

February 1, 2026

Industrial Services

Volvo Construction Equipment (Volvo CE) has completed its acquisition of Swecon’s business operations in Sweden, Germany, and the Baltics (including Entrack) from Lantmännen for an enterprise value of 7 billion SEK. The deal brings Swecon’s retail, rental, aftermarket services, offices, workshop facilities, and about 1,400 employees under Volvo CE ownership, strengthening Volvo CE’s direct control over the end-to-end customer experience across key European markets.

Norvestor Acquires Majority Stake in Xllnc Nordic AB

February 5, 2019

IT Services

Norvestor VII L.P., managed by Norvestor Equity AS, has acquired a ~55% majority stake in Xllnc Nordic AB, a Växjö-headquartered provider of IT lifecycle management and device-as-a-service solutions. Management and employees retain the remaining shares; Xllnc has ~200 employees and reported c. SEK 1,300 million in revenue in 2018 as Norvestor supports the company's Nordic growth and service development.

Generac Holdings Signs Agreement to Acquire Enercon Engineering

February 23, 2026

Energy

Generac Holdings Inc. has signed a definitive agreement to acquire Enercon Engineering, Inc., a manufacturer of generator enclosures and UL-certified switchgear for mission-critical applications. The acquisition is intended to expand Generac’s Commercial & Industrial capabilities and support growing demand for backup power in data center and other mission-critical markets, with closing anticipated in Q2 2026 subject to regulatory approvals.

Oaktree Acquires Stake in Enercon Services from AE Industrial Partners

February 8, 2023

Engineering Services

Funds managed by Oaktree Capital Management have made a significant investment in Enercon Services, Inc., partnering with management to support the company's growth and strategic plans. AE Industrial Partners sold its stake in Enercon as part of the transaction; terms were not disclosed.