Advisor to
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January 2005

Verdane sold a minority stake in Beitostølen Resort

Verdane sells a minority stake in Beitostølen Resort to Steinar Hovi.

Beitostølen Resort AS owns and operates a resort that provides accommodation, leisure, dining, and entertainment services. It also hosts a spa facility. The resort is based in Beitostølen, Norway.

 

About Verdane

Verdane Capital Advisors is the Nordic market’s largest and most successful independent manager of secondary direct funds. Since 2003, Verdane has organised four secondary direct funds & co-investment pools, and the funds it advises have over €500 million of committed capital.

The funds advised by Verdane Capital Advisors have acquired seventeen portfolios with stakes in over 200 companies. With proprietary processes and investment methodology, Verdane has contributed to the success of global and local companies such as Chipcon, Opera, Reslink, Reslab, Nacre, Aquagen, Tradedoubler and Stepstone.

The funds’ main focus is buying Nordic portfolios of direct investments in attractive sectors such energy, ICT and general industries. The funds will also consider investments directly in selected smaller growth-stage companies.

To date, Verdane Capital funds have completed seventeen transactions involving significant Nordic portfolios. Verdane Capital funds’ past portfolio transactions include the acquisition of SND Invest, a portfolio of rights and holdings from Skandia Liv, Brainheart Capital, Saab Ventures, Småföretagsinvest, SINTEF, Aggregate Media, Trøndelag Vekst, Inbox Investment, Pelago, Eqvitech Technology Funds II and III, as well as taking over the management of the Industrifinans SMB III portfolio. 

Founded by Birger Nergaard in 1985 under the name Four Seasons Venture, the firm’s initial focus was on direct investments in high growth Nordic companies.