The structural engineering industry in the Nordics thrives on innovation and sustainability. Companies here specialize in a range of services including design, consulting, and management for various infrastructure projects—from bridges and buildings to energy solutions. Many firms balance traditional engineering techniques with cutting-edge digital tools, addressing environmental challenges and regulatory demands. With increasing investments in renewable energy and urban development, the industry is poised for growth. Notably, the emphasis on eco-friendly designs is reshaping engineering practices, encouraging firms to adopt sustainable methodologies that align with global climate goals.

This list features an array of prominent investors, including private equity firms and corporate giants. Headquartered in cities like Stockholm, Helsinki, and Oslo, these investors vary in size and founding years. Notably, EQT Group and Indutrade Life Science exemplify this investment category with 30 and 14 deal counts in 2024, respectively. Collectively, they demonstrate a strong commitment to the structural engineering field, actively seeking opportunities to finance and enhance engineering capabilities across the Nordics.

Top 12 Structural Engineering Investors in the Nordics

1. EQT Group

• Website: eqtgroup.com
• Type: Private Equity
• Headquarters: Stockholm, Stockholm, Sweden
• Founded year: 1994
• Headcount: 1001-5000
• Number of deals in 2024: 30
• LinkedIn: eqt-partners

EQT Group is a prominent investment firm based in Stockholm, Sweden, specializing in private equity, infrastructure, real estate, growth equity, and venture capital. Founded in 1994, EQT serves institutional investors by managing diverse investment portfolios across multiple sectors and geographies. Notable transactions include the acquisition of Aker Solutions in December 2013, which provides engineering services to the energy sector, and Osmose Utilities Services in January 2019, a company focused on utility infrastructure. These transactions highlight EQT's engagement in sectors that require structural engineering capabilities, reinforcing their position as a relevant investor in this domain.

2. Afry

• Website: afry.com
• Type: Corporate
• Headquarters: Stockholm, Stockholm, Sweden
• Founded year: 1895
• Headcount: 10001+
• Number of deals in 2024: 1
• LinkedIn: afry

AFRY AB is a consulting and engineering firm based in Stockholm, Sweden, founded in 1895. The company provides a wide range of services, including sustainability consulting, digital solutions, and project management across various industries. Notably, Afry has made strategic acquisitions to bolster its capabilities in structural engineering and related fields. For instance, the acquisition of INSUCO in August 2021 enhances their railway design offerings, which is a critical aspect of structural engineering. Additionally, their focus on digital solutions through acquisitions like Numerola Oy and Cubiq Analytics demonstrates their commitment to integrating advanced technologies into their engineering services. This positions Afry as a significant player in the structural engineering landscape, catering to businesses and organizations seeking to improve efficiency and sustainability in their operations.

3. Etteplan

• Website: etteplan.com
• Type: Corporate
• Headquarters: Espoo, Uusimaa, Finland
• Founded year: 1983
• Headcount: 1001-5000
• Number of deals in 2024: 3
• LinkedIn: etteplan-group

Etteplan is a technology service company based in Espoo, Finland, specializing in providing engineering solutions and software services to various industrial sectors, including aerospace, automotive, and medical technology. Founded in 1983, the company has grown to employ between 1001 and 5000 people and has been active in expanding its engineering expertise through strategic acquisitions. Notably, in 2023, Etteplan acquired LAE Engineering GmbH, which specializes in electrical planning and industrial automation, marking a significant step in enhancing their engineering services. Additionally, they acquired High Vision Engineering AB, a Swedish engineering service company, to strengthen their automotive expertise and expand their presence in Sweden. These transactions reflect Etteplan's strategy to enhance its engineering capabilities, which may include structural engineering services, thereby positioning them as a relevant player in the structural engineering investment landscape.

4. Addnode Group AB

• Website: addnodegroup.com
• Type: Corporate
• Headquarters: Stockholm, Stockholm, Sweden
• Founded year: 2003
• Headcount: 1001-5000
• Number of deals in 2024: 4
• LinkedIn: addnode-group-ab

Addnode Group AB, founded in 2003 and based in Stockholm, Sweden, is a corporate investor specializing in digital solutions for various sectors, including construction and manufacturing. The company focuses on enhancing operational efficiency and project management through its software solutions. Notably, Addnode Group has made several strategic acquisitions to bolster its presence in the engineering sector. For instance, the acquisition of Symetri, a UK-based provider of IT solutions for design and engineering businesses, and Optimec, which specializes in Computer-Aided Engineering technologies, highlight their commitment to supporting engineering activities. Furthermore, their acquisition of Intrinsys, a leading provider of PLM software and services, and the combined acquisition of SSA and Simuleon, a simulation specialist, further demonstrate their focus on enhancing their software and services for engineering and design. These transactions collectively position Addnode Group as a significant player in the structural engineering software market.

5. Indutrade Life Science

• Website: indutrade.se
• Type: Corporate
• Headquarters: Stockholm, Stockholm, Sweden
• Founded year: 1978
• Headcount: 1001-5000
• Number of deals in 2024: 14
• LinkedIn: indutrade-life-science

Indutrade Life Science is a corporate investor based in Stockholm, Sweden, founded in 1978. The company is part of an industrial group that focuses on developing and acquiring companies with high technical expertise across various technology and industrial sectors. Indutrade emphasizes long-term relationships with its customers and operates through a decentralized structure, allowing its subsidiaries to maintain independence while benefiting from the group's resources. Notably, Indutrade has made significant acquisitions relevant to the structural engineering field, including Ingenjörsfirman Geotech Aktiebolag, which specializes in geotechnical field equipment, and Stabalux, a company focused on profile systems for facades. These transactions highlight Indutrade's commitment to expanding its portfolio in areas that intersect with structural engineering, thereby enhancing its capabilities in providing innovative industrial solutions.

6. Rejlers

• Website: rejlers.com
• Type: Corporate
• Headquarters: Stockholm, Stockholm, Sweden
• Founded year: 1942
• Headcount: 1001-5000
• Number of deals in 2024: 1
• LinkedIn: rejlers

Rejlers is a prominent engineering consultancy based in Stockholm, Sweden, founded in 1942. The firm provides a diverse range of services, including project management, digital solutions, and sustainable energy consulting, catering to both businesses and public authorities. With operations across the Nordic region and the UAE, Rejlers is committed to delivering innovative solutions to modern challenges. In recent years, Rejlers has made strategic acquisitions to enhance its service offerings in structural engineering. For instance, the acquisition of Karl Knudsen AS, a Norwegian consulting company known for its expertise in building and civil engineering, demonstrates Rejlers' commitment to strengthening its capabilities in this field. Additionally, their acquisition of HydroTerra Ingenjorer and Eurocon Consulting AB further illustrates their growth strategy in engineering consultancy, which includes structural engineering services.

7. Intera Partners

• Website: interapartners.fi
• Type: Private Equity
• Headquarters: Helsinki, Uusimaa, Finland
• Founded year: 2007
• Headcount: 11-50
• Number of deals in 2024: 2
• LinkedIn: intera-partners

Intera Partners is a private equity firm based in Helsinki, Uusimaa, Finland, founded in 2007. The firm specializes in investment management and advisory services, focusing on growing and internationalizing Finnish and Swedish companies with revenues between €10-200 million. Intera Partners emphasizes responsible investing and building strong partnerships with business owners. Notably, they have made several acquisitions in the structural engineering sector, including Sitowise Oy, a company that provides engineering services, and Kreate, which specializes in infrastructure construction. Additionally, they acquired Normek Group, further solidifying their presence in the engineering and construction industry. These transactions highlight Intera Partners' active role in the structural engineering field, aligning with their investment strategy.

8. Instalco

• Website: instalco.se
• Type: Corporate
• Headquarters: Stockholm, Stockholm, Sweden
• Founded year: 2014
• Headcount: 1001-5000
• Number of deals in 2024: 2
• LinkedIn: instalco

Instalco is a corporate investor based in Stockholm, Sweden, specializing in installation and consulting services across plumbing, electrical, ventilation, and industrial sectors. Founded in 2014, Instalco operates through a decentralized model, allowing local companies to maintain their identity while benefiting from shared resources and best practices. In recent years, Instalco has made strategic acquisitions to expand its capabilities in various industries. Notably, they acquired Processus AB in March 2023, an engineering firm that specializes in project management and automation, which enhances their engineering expertise relevant to structural projects. Additionally, their acquisition of Teampipe Sweden AB, which specializes in welding and pipe installations, further demonstrates their commitment to expanding their operational scope in sensitive environments, potentially including structural applications. These transactions highlight Instalco's active role in the engineering landscape, making them a relevant player in the structural engineering sector.

9. Multiconsult

• Website: multiconsult.no
• Type: Corporate
• Headquarters: Oslo, Oslo, Norway
• Founded year: 1908
• Headcount: 1001-5000
• Number of deals in 2024: 1
• LinkedIn: multiconsult

Multiconsult ASA is a prominent consulting and engineering firm based in Oslo, Norway, founded in 1908. The company provides a wide range of services across various sectors, including construction, renewable energy, and environmental management. They cater to a diverse clientele, including government agencies and private developers, by offering expertise in project planning, engineering solutions, and compliance with environmental regulations. In recent years, Multiconsult has made several strategic acquisitions to bolster its engineering capabilities. Notably, they acquired A-Lab AS in June 2023, which enhances their architectural and engineering service offerings. Other acquisitions include Roar Jørgensen AS and T-2 Prosjekt Vest AS, both of which further expand their engineering expertise. These transactions demonstrate Multiconsult's commitment to strengthening its position in the engineering sector, particularly in areas relevant to structural engineering.

10. FSN Capital Partners

• Website: fsncapital.com
• Type: Private Equity
• Headquarters: Oslo, Oslo, Norway
• Founded year: 1999
• Headcount: 51-200
• LinkedIn: fsn-capital

FSN Capital Partners is a private equity investment firm based in Oslo, Norway, founded in 1999. The firm focuses on managing investments across various sectors, including services, green transition, industrials, and technology, with a commitment to driving growth and transformation in its portfolio companies. Notably, FSN Capital has made significant investments in companies relevant to the structural engineering sector, such as the acquisition of Instalco in March 2014, a company that provides installation services in the construction industry, and ViaCon in September 2018, which specializes in infrastructure solutions. These transactions highlight FSN Capital's strategic interest in companies that contribute to the structural engineering landscape, catering primarily to institutional investors and pension funds seeking sustainable returns.

11. CapMan

• Website: capman.com
• Type: Private Equity
• Headquarters: Helsinki, Uusimaa, Finland
• Founded year: 1989
• Headcount: 51-200
• Number of deals in 2024: 4
• LinkedIn: capman

CapMan Oyj is a private equity investment management firm based in Helsinki, Finland, founded in 1989. The firm specializes in private equity, real estate, infrastructure, and natural capital investments, serving institutional investors with diverse strategies aimed at achieving sustainable returns. CapMan has a strong presence in the Nordic markets and leverages its expertise to manage funds effectively. Notably, CapMan has made significant investments in companies relevant to the structural engineering sector, including the acquisition of NYAB for over $52 million in December 2022, which is involved in construction and engineering services. Additionally, CapMan acquired Aro Systems Oy, further expanding its portfolio in the engineering domain. The firm also invested in Marinetek Group, which, while primarily focused on marina solutions, operates within the broader construction and engineering landscape. These transactions highlight CapMan's active role in the structural engineering industry, making it a key player in driving growth and innovation in this sector.

12. Caverion

• Website: caverion.com
• Type: Corporate
• Headquarters: Vantaa, Uusimaa, Finland
• Founded year: 1912
• Headcount: 10001+
• LinkedIn: caverion

Caverion is a corporate investor based in Vantaa, Uusimaa, Finland, founded in 1912. The company specializes in technical services that enhance building performance, maintenance, and lifecycle management. Caverion offers a wide range of services, including technical installations, project management, and smart solutions tailored for the construction and real estate sectors. In recent years, Caverion has made several strategic acquisitions to bolster its capabilities in relevant areas. For instance, they acquired VVS Teknikk Møre AS, a company focused on ventilation, piping, and building automation, which is essential for structural engineering projects. They also signed an agreement to acquire TMV Service Oy, part of a group specializing in substation and transmission line services, further emphasizing their commitment to infrastructure development. These transactions highlight Caverion's active role in enhancing efficiency and sustainability in built environments, making them a significant player in the structural engineering landscape.

Structural Engineering Insights: Key Investors in the Nordics

Investor	Headquarter	Size	Founded	Deals 2024
EQT Group	Stockholm, Stockholm, Sweden	1001-5000	1994	30
Afry	Stockholm, Stockholm, Sweden	10001+	1895	1
Etteplan	Espoo, Uusimaa, Finland	1001-5000	1983	3
Addnode Group AB	Stockholm, Stockholm, Sweden	1001-5000	2003	4
Indutrade Life Science	Stockholm, Stockholm, Sweden	1001-5000	1978	14
Rejlers	Stockholm, Stockholm, Sweden	1001-5000	1942	1
Intera Partners	Helsinki, Uusimaa, Finland	11-50	2007	2
Instalco	Stockholm, Stockholm, Sweden	1001-5000	2014	2
Multiconsult	Oslo, Oslo, Norway	1001-5000	1908	1
FSN Capital Partners	Oslo, Oslo, Norway	51-200	1999	0
CapMan	Helsinki, Uusimaa, Finland	51-200	1989	4
Caverion	Vantaa, Uusimaa, Finland	10001+	1912	0

Want to find more investors focusing on the structural engineering industry?

If you want to find more investors that are active in the structural engineeringindustry, you can do that with Inven. We built this list and analysis throughInven's Investor Search, and there are a lot more private equity, venturecapital, and corporate investors like these globally.

With Inven, you'll also get to know:

• Deal History: Number of deals and their sizes.
• Portfolio: Companies they've invested in.
• Contact data: Key dealmakers, including their emails and phonenumbers.
• ...and much more!