Market Reports
Our market reports are developed by members of NHHS Private Equity, sometimes in collaboration with leading industry players. Each report aims to provide valuable insights into trends, transactions, and developments within the private equity and investment landscape, with a distinct Nordic focus.
​
If you have any questions or would like to learn more, please feel free to contact us:
​
​
Healthcare - Market Report
February 2026
This report covers healthcare in private equity, exploring structural demand drivers, dry powder dynamics, and valuation trends. It highlights how returns are increasingly execution-driven, favoring scaled, compliant platforms with strong governance and disciplined entry pricing.
Authors: Caroline Holme Hagen, Sander Heyn Stave, Sander Nylund, Marcus Kringlebotn
​Healthcare - Issue #1
TMT SaaS - Market Report
January 2026
NHHS Private Equity’s first Market Report of the year analyzes the TMT sector, with a deep dive into the Nordic software and SaaS markets. It highlights strong 2025 deal activity (highest since 2021), including the Grade–Talentech merger backed by Viking Growth and Verdane, reviews Visma’s buy-and-build success and possible 2026 IPO, and discusses how AI may reshape the SaaS model.
Authors: Gustav Aasehaug Bolstad, Elias Nordvik Knoff, Magnus Morsund Thorvik, Hanna Olavsdotter Øklend
​TMT - Issue #1
Energy Infrastructure - Market Report
November 2025
This issue examines the global energy infrastructure landscape and its investment outlook. A USD 64 trillion funding gap is driving opportunities across renewables and green assets, with NBIM’s untapped mandate and rising U.S. capital in Europe underscoring a shift toward stronger returns and renewed confidence in the energy transition.​​​
Authors: Erlend Hanem, Vetle V. Waldenstrøm, Truls Wigdel, Tryggve H. Johannessen, Fredrik B. Røren, Katrine Wee, Sina Dorthea E. Sverdrup
​Energy - Issue #1
Seafood - Private Dealmaking Report
October 2025
​Our first issue explores the Nordic seafood industry, a vital part of the region’s consumer landscape and global export economy. The report highlights recent market developments, investment trends, and private equity perspectives shaping the sector’s future.
​
​​​
Authors: Filip A. Gjerme, Jonathan Emmanuel, Petter S. Bugge, Elias Knoff
​Consumer Goods & Retail - Issue #1