Summa Equity

Summa Equity owned myneva Group continues its growth journey with the acquisition of DM EDV Matthias Fink, Partner at Summa Equity comments: "I am impressed by the strong development of myneva under the leadership of CEO Dieter Weisshaar. With this strategic acquisition, the company further strengthens its market position as a leading software provider in the European social care sector, therewith helping to address the many pressing challenges the care sector faces." Read more here: https://lnkd.in/d7pnbuJh Deal team: Matthias Fink, Fabian Schmidt, Vanessa McKay Reynir Indahl

Happy New Year from Summa Equity! In 2024, we welcomed five new platform investments into our portfolio, made two add-on investments, and completed two exits, all aligned with our three investment themes. The support from our LPs, advisors, portfolio management teams, and Summates has been instrumental in reaching these milestones, reaffirming the strength of our portfolio. We look forward to continue our mission to solve global challenges in the coming year!

The Summa Foundation support the charitable organization Right To Play Norge. As an independent charitable foundation, Summa Foundation receives part of the surplus from Summa Equity and its funds. This support is integral to Summa Equity's values and aligns with our commitment to fostering a strong impact culture. This Christmas, Right to Play’s fundraiser focuses on their crucial work in crisis and conflict areas, aiming to help the 72 million children worldwide who have been deprived of their right to education. Every child deserves the right to education and the right to play. Learn more about this year’s most valuable Christmas gift here (In Norwegian): https://lnkd.in/d6cNJaqD

Measuring what matters: How impact accounting redefines sustainability measurement 💚 We're excited to share our journey on impact accounting and the key concepts that drive our mission to solve global challenges. Click on the link below to learn more about how we focus on outcomes and impact instead of activities and outputs, how we piloted the project with Harvard Business School, how we are now partnering with the International Foundation For Valuing Impacts (IFVI) to advance the standardization of impact accounting practices, and how we have taken steps to apply impact valuation across more value chain aspects. https://lnkd.in/dur9gjVG #ImpactAccounting #IFVI #ValuingImpact

🚨 Glioblastoma is the most common brain cancer in adults and is known for its high treatment resistance and recurrence. Sadly, patient survival remains under 2 years. In a groundbreaking study, UPenn researchers have personalized cell therapies using Axion BioSystems’ Maestro Impedance platform. Patient-derived tumor organoids acted as avatars to predict treatment response. Published in Cell Stem Cell, this study highlights the promise of 3D disease models. Future studies will validate these exciting results. 💡Are you interested in learning more? Read more through the links below: ➡️ 2023 Portfolio Report, p. 28-29, in which we have synthesized our Theory of Change on more predictive biology: https://lnkd.in/dxQEZmFx ➡️ Cell Stem Cell: https://lnkd.in/dtZqMWd6

🌍 How can we ensure a sustainable food supply for our health, society, and planet? 🍽️ Over 300 million people are underfed, while over 300 million are overfed. One-third of all food is wasted, and nearly one-third of all CO2 emissions come from the current food system. By 2025, we need 60% more food to feed the world. 🌱 Nutris, the leading plant-based protein provider, is transforming the food industry by providing sustainable, plant-based protein solutions for the fava bean. Fava beans have the lowest #CO2footprint of all plant-based proteins. 🎥Click on the video below to learn more about Nutris and Summa's approach to tackling the food system from Kees Kruythoff, our Thematic Chair Sustainable Foods. Jacob Frandsen

At Summa, we are committed to empowering our portfolio companies with the knowledge and tools to excel in corporate sustainability – including navigating EUs Corporate Sustainability Reporting Directive (CSRD). On November 19th, we hosted an interactive CSRD workshop with impact representatives from our portfolio companies. It was a day filled with collaboration and insightful discussions, focusing on the value chain and double materiality assessments. We also welcomed an auditor sharing their perspective. A special thanks to Rik Keppel from Bollegraaf and Lubo Recycling Solutions for sharing invaluable insights and learnings from their CSRD process! 💚

Our Impact Manager Alexander Bjørklund will be representing Summa Equity at The Upright Project’s launch webinar of their impact database for PE today! 💚 To hear Alexander’s insights into managing impact in PE, register for the webinar through the link below. 📅 Tuesday, Dec 3 🕒 15:00-16:00 CET / 09:00-10:00 EST Register now: https://lnkd.in/dCCnJ4xA

Summa Equity completes EUR 800m Fortum Recycling & Waste - Part of NG Group, combining with NG Group: “We are creating the Nordic leader in the circular economy” Bertrand Camus, Partner at Summa and Chairman of the Board, NG Group, comments: "Fortum Recycling & Waste recently stunned the industry by successfully creating the world’s first biodegradable plastic produced from CO2 emissions. By joining forces with NG Group, we are uniting our strengths to become a vital component of the Nordic industrial infrastructure. Waste-to-resources will be one of the most attractive investment opportunities in private equity over the next ten years.” Read the press release here: https://lnkd.in/dQt5ySAs Reynir Indahl, Bertrand Camus, Aurélia CARRERE, Silje Lambrechts, Annette Roth, Johan Carlsson, Martin Collin, Sundeep Singh Hannah Jacobsen

Leaders can’t escape the global imperative to reduce the contributions businesses make to environmental degradation, but deep down, many harbor doubts: Can a profit-driven organization also be sustainable? 💭 We are happy to share that our Founder and Managing Partner, Reynir Indahl, has been featured in the MIT Sloan School of Management Review article: Make a Stronger Business Case for Sustainability. 🌍 Written by Karel Cool, Atalay Atasu, and Nathan Furr, this insightful piece explores how businesses can balance profitability with sustainable practices, and Reynir's approach is highlighted as a key example. Read the full article here: https://lnkd.in/gBgDj7Ed Happy reading!