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Litorina
Litorina is a Nordic lower-mid-market private equity firm led by managing partner Pelle Mattsson, with approximately EUR 1.2 billion raised since 2009.
Litorina
LITORINA V ADVISOR AB is an SEC-registered investment adviser in STOCKHOLM, registered since 2018. It is headquartered in Sweden. The firm advises clients on investment matters.
General information
Firm type
Asset Manager
Year founded
2009
AUM
EUR 1-2.5 billion (Altss estimate)
Location
Region
Europe
Country
Sweden
City
Stockholm
Corporate office
Stockholm, Sweden
Additional offices
Copenhagen · Oslo · Helsinki
Principals
Pelle Mattsson
Managing Partner
Johan Lindberg
Partner
Sector focus
Frequently asked questions
Who runs investment decisions at Litorina?
Investment decisions are led by managing partner Pelle Mattsson, who founded the firm in 2009, and the partnership. The firm operates with a lean decision-making structure typical of Nordic lower-mid-market buyout firms, with sector and deal teams having significant autonomy.
How does Litorina source proprietary deal flow?
Litorina sources transactions primarily through its network of Nordic entrepreneurs, management teams, and advisors rather than through auction processes. The firm's partnership structure and long-term presence in the region help it access off-market deals, particularly in family-owned businesses seeking a partner for growth.
What investment stages does Litorina typically target?
Litorina targets control or co-control buyouts in the lower-mid-market, typically with enterprise values between EUR 50 million and EUR 250 million. It focuses on growth-oriented companies with potential for operational improvement and add-on acquisitions, often partnering with founding families or management.
Is Litorina structured as a family office or a private equity firm?
Litorina operates as an independent private equity firm, not a family office. It raises committed capital from institutional investors across Europe and North America. The firm is structured as a partnership, and its principals' wealth origin is not publicly disclosed.
Which sectors does Litorina explicitly avoid?
Litorina does not publicly disclose a list of sectors it avoids, but based on its portfolio it has not invested in real estate, infrastructure, or venture-stage technology. The firm focuses on B2B services, industrial tech, healthcare, and software — industries with recurring revenue or defensible market positions.
Does Litorina participate in fund commitments or only direct deals?
Litorina invests exclusively through direct buyout transactions, not through fund-of-funds or external manager allocations. The firm may use co-investment structures alongside its funds, allowing LPs to participate in specific deals.
How is Litorina related to Nordic Capital?
Litorina was founded by Pelle Mattsson, a former partner at Nordic Capital, but it is an independent firm with no current ownership or operational ties to Nordic Capital. Litorina operates with a distinct strategy focused on smaller enterprise value ranges than Nordic Capital.
Profile maintained by Altss using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.
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