Evolver Equity

Evolver Equity is a Finnish private equity firm and registered Alternative Investment Fund Manager operating under the supervision of the Finnish Financial Supervisory Authority. The firm specializes in Nordic small-cap buyouts, focusing on supporting owner-led businesses in Finland and Sweden to realize their potential sustainably. Since its inception in 2009, Evolver has completed more than 40 corporate transactions, managing two buyout funds primarily funded by leading Finnish institutional investors. The firm's mission is to help businesses transition from founder-led to management-driven companies, thereby unleashing their full potential. Evolver's investment strategy emphasizes accelerating growth, internationalization, and industry consolidation.

Evolver's portfolio includes a diverse range of companies across various sectors. Notable investments include Repolar Pharmaceuticals Oy, a Finnish company specializing in resin-based treatment products for humans and animals; Rajupaja Oy, a leading event technology provider in Finland; and Spinverse Oy, a Nordic leader in innovation consulting. In August 2025, Evolver successfully exited its investment in Nordic BIM Group, achieving a return exceeding five times the initial investment. The firm's approach integrates environmental, social, and governance (ESG) considerations into its investment process, aiming to create value through sustainable practices. Evolver's commitment to sustainability is evident in its annual ESG reports, which detail efforts to integrate ESG factors across its portfolio companies.

Evolver's team comprises experienced professionals dedicated to supporting the growth and transformation of small and medium-sized enterprises. The firm's partners, including Lasse Kittelsen, Managing Partner, and Johan Porko, Partner, bring extensive expertise in private equity and a deep understanding of the Nordic market. Evolver's focus on sustainable value creation and its strategic approach to investments have established it as a significant player in the Nordic private equity landscape, committed to fostering the growth and success of its portfolio companies.