Private Equity, Venture Capital at Work in Norway (Invest Europe)
Summary
- Private equity and venture capital backed companies employed 151,390 people in Norway in 2024.p.1
- PE and VC backed employment represents 5.5% of Norway's total 2.8 million workforce.p.1
- A total of 511 companies in Norway were backed by PE and VC in 2024, of which 411 were SMEs employing 18,553 people.p.1
- Net job creation reached +5,598 jobs in 2024, reflecting a employment growth rate of +4.8%.p.2
- Job growth in backed companies (+4.8%) significantly outpaced the overall Norwegian economy growth rate of +0.5%.p.2
- Private equity and venture capital investments contributed 0.2% to Norway's GDP and have totaled €35.6 billion since 2007.p.2
Key insights
- Private equity and venture capital backed companies supported 151,390 employees in Norway in 2024, representing 5.5% of the country's 2.8 million total workforce.p.1
- Small and medium-sized enterprises (SMEs) accounted for 411 of the 511 backed companies in Norway, employing 18,553 people.p.1
- Norwegian PE and VC backed companies generated a net total of +5,598 new jobs in 2024.p.2
- The +4.8% workforce growth rate in backed businesses far exceeded the +0.5% employment growth observed across Norwegian companies overall.p.2
- SMEs backed by PE and VC achieved +4% more new jobs created in 2024.p.2
- Private equity and venture capital investments contributed 0.2% to Norway's GDP.p.2
- A total of €35.6 billion has been invested in Norwegian portfolio companies by private equity and venture capital firms since 2007.p.2
Topics and entities
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