Fund III continues Credo’s long‑term strategy of partnering with founders to scale B2B services and technology companies across Scandinavia. The fund focuses on hands‑on operational value creation, disciplined buy‑and‑build execution, and close alignment with founders, often entering as the first institutional investor at the lower end of the small‑cap market.

Managing Partner Gudmund Killi highlights the significance of the milestone:
“Closing Fund III at this size reflects the confidence our investors have in our strategy, our team, and our approach to active ownership. We are grateful for the continued support from long‑standing partners and pleased to welcome several new institutional investors from Europe and the U.S.”

Fund III has already deployed approximately NOK 600 million across multiple platform investments within IT services and industrial services. These platforms are supported by an active add‑on acquisition strategy and a strong proprietary pipeline across the region.

Partner Pål Prydz adds:
“With Fund III, we remain focused on strengthening leadership teams, fixing the fundamentals, and executing clear, sector‑specific growth plans. This model consistently creates companies with strong market positions and compelling long‑term prospects.”

Probitas Partners acted as exclusive global placement agent for the fundraising. CLP served as fund counsel.

‍About Credo Partners

Founded in 2003, Credo Partners is a Norwegian private equity firm specializing in the lower end of the small‑cap market. The firm partners with founder‑ and family‑owned companies in B2B services and technology, applying an operational ownership model to scale local champions into industry leaders. Over the past decade, Credo has completed more than 20 platform investments and over 100 strategic add‑on acquisitions, often transforming companies into new market leaders.

Credo Partners is headquartered in Oslo and has an additional office in Denmark.

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