The airplane maintenance industry in the Nordics supports a critical aspect of aviation integrity and safety. Companies in this sector offer various services, including maintenance, repair, and overhaul (MRO) for commercial and military aircraft. This industry includes specialists focused on software solutions, equipment manufacturing, and systems management integral to efficient airplane operation and maintenance. With increasing concerns over sustainability, many Northerners are advocating for greener technologies and efficient practices. Innovations like electric planes are beginning to shape the future of the industry, creating new maintenance needs and opportunities for investment.

The investor landscape in the Nordics features a mix of corporate and private equity firms, with each influencing the airplane maintenance sector. Profiles vary greatly, from long-established corporations like SKF Group, founded in 1907, to recent entrants like Nalka, established in 2015. In 2024 alone, these key players have collectively participated in over 100 investments across different deals, showcasing their commitment to advancing the aviation industry. With localities spanning Sweden, Finland, and Norway, these investors drive significant industry innovations, fostering growth for essential maintenance services.

Top 15 Airplane Maintenance 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 private equity investment firm based in Stockholm, Sweden, founded in 1994. The firm specializes in a diverse range of investment strategies, including private equity, infrastructure, real estate, growth equity, and venture capital. EQT serves institutional investors by providing expertise in managing varied investment portfolios across multiple sectors and geographies. Notably, EQT has made significant investments in the aviation sector, including the acquisition of the EIS Aircraft Group in 2015, which focuses on products and services for civil and military aviation, including maintenance services. Additionally, EQT's investment in Unilode Aviation Solutions highlights their engagement in the aviation industry, further solidifying their role as an investor in airplane maintenance.

2. Ifs

• Website: ifs.com
• Type: Corporate
• Headquarters: Sweden
• Founded year: 1983
• Headcount: 5001-10000
• Number of deals in 2024: 2
• LinkedIn: ifs

IFS is a corporate investor based in Sweden, founded in 1983, with a workforce of 5001-10000 employees. The company specializes in providing enterprise software solutions across various industries, including Aerospace, Energy, Construction, and Manufacturing. IFS's offerings, such as IFS Cloud, Asset Management, and Field Service Management, are designed to help businesses optimize operations and enhance service delivery. Notably, IFS has made significant strides in the aviation sector through its acquisition of Mxi Technologies Ltd., a prominent provider of maintenance management software for the aviation industry, which was announced on December 13, 2016. This acquisition underscores IFS's commitment to improving maintenance processes within the aerospace sector. Additionally, their recent acquisition of EmpowerMX on July 10, 2024, further indicates their ongoing investment in solutions that may benefit airplane maintenance operations. Overall, IFS serves a diverse clientele and focuses on improving efficiency and decision-making through integrated software solutions, making them a relevant player in the airplane maintenance industry.

3. 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 specializes in 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 several acquisitions that highlight its strategic focus on technical expertise and industrial solutions. Among these, the acquisition of Bailey Morris Ltd in 2014 stands out, as it is a leading propshaft manufacturer, which plays a crucial role in the aerospace industry. This acquisition, along with others like Tidyco and ALH Systems Ltd, showcases Indutrade's commitment to enhancing its portfolio with companies that provide innovative industrial products, potentially including those relevant to airplane maintenance.

4. Kongsberg Maritime

• Website: kongsberg.com
• Type: Corporate
• Headquarters: Kongsberg, Buskerud, Norway
• Founded year: 1814
• Headcount: 5001-10000
• Number of deals in 2024: 1
• LinkedIn: kongsberg-maritime

Kongsberg Maritime, part of Kongsberg Gruppen, is a technology provider founded in 1814, specializing in advanced solutions across defense, aerospace, maritime, and digital sectors. With a workforce of 5001-10000 employees, Kongsberg operates globally, focusing on sustainable practices and collaboration with stakeholders. A significant transaction in their portfolio is the acquisition of Aerospace Industrial Maintenance Norway AS (AIM) from the Norwegian Ministry of Defence, where Kongsberg holds a 50.1% majority stake. This acquisition, announced on December 13, 2018, aims to enhance Kongsberg's capabilities in military aircraft and helicopter maintenance, highlighting their strategic interest in the airplane maintenance sector. Additionally, Kongsberg has made other acquisitions, such as Hydroid and Naxys Technologies, but AIM is particularly relevant to the airplane maintenance context.

5. SKF Group

• Website: skf.com
• Type: Corporate
• Headquarters: Stockholm, Stockholm, Sweden
• Founded year: 1907
• Headcount: 10001+
• Number of deals in 2024: 3
• LinkedIn: skf

AB SKF is a manufacturing company founded in 1907, specializing in the production of bearings, seals, and lubrication systems. With a global presence and a vast distributor network, SKF serves various industries, enhancing machinery performance and reliability. Notably, SKF has made strategic acquisitions to bolster its capabilities in maintenance and repair services. In 2023, SKF USA Inc. acquired Precision Balancing & Analyzing, a spindle repair and upgrade company, which expands their Certified Spindle Service Network and enhances their service offerings in the maintenance sector. Additionally, their acquisition of Laser Cladding Venture in 2022 aims to support remanufacturing and service offerings, aligning with a circular economy approach. These transactions highlight SKF's commitment to enhancing their maintenance capabilities, making them a relevant player in the airplane maintenance industry.

6. Sentica

• Website: sentica.fi
• Type: Private Equity
• Headquarters: Helsinki, Uusimaa, Finland
• Founded year: 2004
• Headcount: 11-50
• LinkedIn: sentica-partners

Sentica is a private equity firm based in Helsinki, Uusimaa, Finland, founded in 2004. The firm specializes in investment management services, focusing on providing capital and strategic support to businesses seeking growth or restructuring through private equity investments. Sentica's portfolio includes notable acquisitions such as Coptersafety, which they acquired on November 6, 2015, indicating their involvement in the aviation sector, particularly in maintenance and training services for helicopters. Additionally, they have acquired other companies like FinnSonic, Tammermatic Group, and Arme Oy, showcasing their diverse investment strategy across various industries, but with a notable interest in aviation through Coptersafety.

7. 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 Finnish technology service company founded in 1983, specializing in engineering solutions and software services for industrial businesses. With a workforce of 1001-5000 employees, Etteplan focuses on enhancing efficiency and sustainability through innovative technologies. Their client base spans various sectors, including aerospace, automotive, and medical technology, requiring advanced technical expertise and support. In recent years, Etteplan has made several strategic acquisitions to bolster its capabilities. Notably, they acquired LAE Engineering GmbH, which specializes in electrical planning and industrial automation, potentially relevant to the aerospace sector. Additionally, their acquisition of Cognitas GmbH enhances their market leadership in technical documentation, which is crucial for compliance and maintenance in the aviation industry. These transactions reflect Etteplan's commitment to expanding its expertise and services in sectors that intersect with airplane maintenance.

8. Saab

• Website: saab.com
• Type: Corporate
• Headquarters: Stockholm, Stockholm, Sweden
• Founded year: 1937
• Headcount: 10001+
• Number of deals in 2024: 1
• LinkedIn: saab

Saab AB is a leading aerospace and defense company based in Stockholm, Sweden, founded in 1937. The company specializes in providing advanced military defense systems and civil security solutions, serving a global market with innovative technologies in aviation, radar, and missile systems. Saab operates in over 30 countries, focusing on enhancing security and defense capabilities worldwide. Notably, Saab has made strategic acquisitions to bolster its capabilities in the aerospace sector, including the acquisition of Aerospace Monitoring and Systems (Pty) Ltd in South Africa, which enhances their avionics business, particularly in safety, monitoring, and digital recording systems. This acquisition is particularly relevant to airplane maintenance as it indicates Saab's commitment to improving aircraft safety and operational efficiency. Additionally, their acquisition of naval companies like Muskövarvet AB and ThyssenKrupp Marine Systems reflects their broader defense strategy, but their involvement in avionics positions them as a relevant investor in the airplane maintenance industry.

9. Nalka

• Website: nalka.com
• Type: Private Equity
• Headquarters: Stockholm, Stockholm, Sweden
• Founded year: 2015
• Headcount: 11-50
• Number of deals in 2024: 1
• LinkedIn: nalka

Nalka is a private equity investment firm based in Stockholm, Sweden, founded in 2015. The firm specializes in developing independent companies in the Nordic and DACH regions, providing investment management and strategic support to small- and medium-sized businesses. Nalka emphasizes sustainability and responsible ownership in its investment approach. Notably, Nalka recently acquired Airteam a/s on March 18, 2025, for $168,163,869, which is a significant transaction in the aviation sector. This acquisition suggests Nalka's commitment to investing in companies that may be involved in airplane maintenance and related services, further highlighting its relevance in this industry. Other transactions include investments in various sectors, but the acquisition of Airteam a/s stands out as a direct link to the airplane maintenance context.

10. Ratos

• Website: ratos.se
• Type: Private Equity
• Headquarters: Stockholm, Stockholm, Sweden
• Founded year: 1866
• Headcount: 11-50
• LinkedIn: ratos

Ratos is a private equity investment company based in Stockholm, Sweden, founded in 1866. The firm operates across various sectors, including construction, manufacturing, and consumer goods, with a focus on providing technological and infrastructure solutions that emphasize sustainability and efficiency. Notably, Ratos acquired EuroMaint AB in 2007, a company that specializes in maintenance services for the railway and aviation industries, for approximately $64.3 million. This acquisition highlights Ratos's involvement in the maintenance sector, which is relevant to airplane maintenance. Additionally, Ratos has made other acquisitions, such as a 70% stake in Airteam a/s, a Danish ventilation services company, and a joint acquisition of Aibel, a company focused on offshore wind and energy services. While these transactions showcase Ratos's diverse investment portfolio, their direct connection to airplane maintenance is primarily through EuroMaint AB.

11. Securitas Group

• Website: securitas.com
• Type: Corporate
• Headquarters: Stockholm, Stockholm, Sweden
• Founded year: 1934
• Headcount: 10001+
• LinkedIn: securitas-group

Securitas Group, founded in 1934 and headquartered in Stockholm, Sweden, is a leading security services company that provides a wide range of security solutions, including advisory services, on-site guarding, and technology-driven security. The company serves various industries, including aviation, construction, and retail, helping clients protect their assets and ensure safety through tailored security measures. Notably, Securitas has made significant strides in the aviation sector, exemplified by its acquisition of Global Elite Group in January 2019 for approximately $22 million. This acquisition was part of Securitas's strategy to enhance its service offerings in the aviation industry, indicating a focus on expanding its footprint in aviation security services. While Securitas's primary business is security, its involvement in aviation security positions it as a relevant player in the broader aviation maintenance context.

12. Pale blue dot

• Website: paleblue.vc
• Type: Venture Capital
• Headquarters: Malmo, Skåne, Sweden
• Founded year: 2020
• Headcount: 1-10
• Number of deals in 2024: 9
• LinkedIn: palebluedot-vc

Pale Blue Dot is a venture capital firm based in Malmo, Skåne, Sweden, founded in 2020. The firm specializes in early-stage investments aimed at addressing climate change solutions. They provide funding and support to visionary founders, helping them scale their businesses across various industries with an emphasis on sustainability and innovation. Notably, in 2024, Pale Blue Dot led a seed funding round for Cosmic Aerospace, which raised $4.5 million for the development of its long-range, all-electric regional airplane called Skylark. This investment highlights their commitment to supporting advancements in the aviation sector that align with their sustainability goals. Additionally, they have made several other investments, including Brineworks, but the focus on Cosmic Aerospace is particularly relevant to the airplane maintenance context.

13. EQT Ventures

• Website: eqtventures.com
• Type: Venture Capital
• Headquarters: Stockholm, Stockholm, Sweden
• Founded year: 2015
• Headcount: 11-50
• Number of deals in 2024: 28
• LinkedIn: eqt-ventures

EQT Ventures is a venture capital firm based in Stockholm, Sweden, founded in 2015. The firm specializes in investing in early-stage tech startups, providing not only financial support but also operational assistance to entrepreneurs. EQT Ventures connects startups with a global network of industry experts and resources to foster growth and innovation. Notably, EQT Ventures has participated in significant funding rounds for Heart Aerospace, a Swedish hybrid-electric airplane manufacturer. They were involved in a $107 million Series B funding round in February 2024, which aims to advance the development and certification of the ES-30 hybrid-electric aircraft. Additionally, they participated in earlier funding rounds for Heart Aerospace, including a $35 million Series A round in 2021 and a seed round in 2019. These transactions highlight EQT Ventures' engagement in the aviation sector, particularly in technologies that could influence airplane maintenance and operational efficiency.

14. Summa Equity

• Website: summaequity.com
• Type: Private Equity
• Headquarters: Stockholm, Stockholm, Sweden
• Founded year: 2016
• Headcount: 51-200
• Number of deals in 2024: 6
• LinkedIn: summa-equity

Summa Equity is a private equity firm based in Stockholm, Sweden, founded in 2016. The firm specializes in thematic investments that address global challenges, focusing on sustainable investment solutions across various sectors, including resource efficiency and technology. Summa Equity's clients include institutional investors and companies seeking capital for growth, emphasizing a commitment to aligning financial returns with positive societal impact. Notably, Summa Equity has been involved in several funding rounds for ZeroAvia, a company pioneering hydrogen-electric engines for aviation. Their investments in ZeroAvia, including a significant participation in Series C funding rounds, highlight their interest in innovative technologies that could transform the aviation industry, particularly in terms of sustainability and maintenance practices.

15. Course Corrected

• Website: cc.vc
• Type: Venture Capital
• Headquarters: Stockholm, Stockholm, Sweden
• Founded year: 2021
• Headcount: 1-10
• Number of deals in 2024: 6
• LinkedIn: course-corrected

Course Corrected is a venture capital fund based in Stockholm, Sweden, founded in 2021. The firm specializes in climate impact investments, supporting entrepreneurs and startups that develop scalable solutions to combat climate change. By providing funding and advisory services, Course Corrected aims to drive innovation in sustainability and help businesses achieve their growth potential. In 2024, they participated in a significant seed funding round for Cosmic Aerospace, which raised $4.5 million for the development of its long-range, all-electric regional airplane called Skylark. This investment highlights Course Corrected's commitment to supporting advancements in the aviation sector, particularly those that align with their focus on sustainability and climate impact.

Airplane Maintenance Insights: Key Investors in the Nordics

Investor	Headquarter	Size	Founded	Deals 2024
EQT Group	Stockholm, Stockholm, Sweden	1001-5000	1994	30
Ifs	Sweden	5001-10000	1983	2
Indutrade Life Science	Stockholm, Stockholm, Sweden	1001-5000	1978	14
Kongsberg Maritime	Kongsberg, Buskerud, Norway	5001-10000	1814	1
SKF Group	Stockholm, Stockholm, Sweden	10001+	1907	3
Sentica	Helsinki, Uusimaa, Finland	11-50	2004	0
Etteplan	Espoo, Uusimaa, Finland	1001-5000	1983	3
Saab	Stockholm, Stockholm, Sweden	10001+	1937	1
Nalka	Stockholm, Stockholm, Sweden	11-50	2015	1
Ratos	Stockholm, Stockholm, Sweden	11-50	1866	0
Securitas Group	Stockholm, Stockholm, Sweden	10001+	1934	0
Pale blue dot	Malmo, Skåne, Sweden	1-10	2020	9
EQT Ventures	Stockholm, Stockholm, Sweden	11-50	2015	28
Summa Equity	Stockholm, Stockholm, Sweden	51-200	2016	6
Course Corrected	Stockholm, Stockholm, Sweden	1-10	2021	6

Want to find more investors focusing on the airplane maintenance industry?

If you want to find more investors that are active in the airplane maintenanceindustry, 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!