At Quest, we believe the Nordic region offers an attractive opportunity to employ unique strategies, with over one million SMEs in Denmark, Finland, and Sweden representing a huge pool of potential business prospects. The Nordics also hold a significant competitive advantage in the thematic areas on which funds continue to focus on. For example within Europe, Sweden is ranked:
- Industrial innovation: #1 for R&D intensity and #2 for innovation
- Sustainable solutions: #1 for renewable energy share and #1 for sustainable development
- Digital conversion: #1 for digital competitiveness
The Nordics offer an attractive location in which to employ this thematic approach, on the basis that they offer:
- A world-leading industrials ecosystem, representing a significant domestic modernisation opportunity for the SMEs
- Some of the most ambitious carbon-emissions targets in the world, driving significant demand from the industry to innovate, improve productivity and become more sustainable
At Quest, we have a 15-year track record of raising money in the Nordic region, spanning 10+ funds which all closed at or above their cap
- In the first half of 2024, Quest has had over 80 meetings with Nordic clients and visited the region over 25 times, continuing a long-standing history of comprehensive coverage in the region
- We are recognised in the region as the partner-of-choice for funds looking to further expand their LP base in mainland Europe and North America.