Firm at a glance
Fidelio Capital is a platform private equity firm founded in 2010 and headquartered in Stockholm, Sweden, per its own website [S1]. The firm maintains additional offices in London and New York [S2] and reported approximately EUR 1.1 billion in capital under its third mandate as of January 2025 [S1].
What they buy
Based on publicly disclosed holdings, Fidelio Capital appears to concentrate on consumer-facing and service-oriented businesses across Northern Europe [S3]. The firm’s portfolio spans property and home services, real estate technology, specialty retail (including menswear and beauty), food distribution, animal health, and biologic testing services [S3]. The observed pattern suggests a preference for businesses with recurring revenue characteristics or consolidation opportunities within fragmented sectors.
Portfolio
Property and Home Services
Audria (property services) [S3], KEYTO (home services) [S3], and Newsec (property services, acquired December 2024) [S4].
Real Estate Technology
iBinder (construction and real estate technology) [S3] and Odevo (real estate technology) [S3].
Consumer and Retail
NN07 (menswear) [S3], Lyko (haircare and beauty) [S3], and Greenfood (food distribution) [S3].
Healthcare and Life Sciences
Vimian (animal health) [S3] and Alphalyse (biologic drugs testing) [S3].
Recent activity (last 24 months)
* July 2026: Exit of Greenfood Fresh Produce business [S5]
* May 2026: Acquisition of Audria [S5]
* January 2026: Two strategic additions to KEYTO [S5]
* January 2026: Three strategic expansions within KEYTO [S5]
* December 2025: Two strategic investments in KEYTO [S5]
* July 2025: Acquisition of Greenfood [S5]
* December 2024: Acquisition of Newsec [S4]
How this firm fits a seller
Fidelio Capital demonstrates an active buy-and-build approach, particularly visible in its KEYTO platform where the firm completed five add-on transactions between December 2025 and January 2026 [S5]. This cadence suggests the firm provides acquisition capital and operational support for platform companies pursuing consolidation strategies. The geographic footprint spanning Stockholm, London, and New York [S2] indicates capacity to support cross-border expansion for Northern European businesses. Sellers in property services, home services, or specialty retail sectors may find sector alignment with the firm’s existing portfolio [S3].
Sources
[S1] https://fideliocapital.com/about (as of 2025-01-15)
[S2] https://fideliocapital.com (as of 2025-01-15)
[S3] https://fideliocapital.com/investments (as of 2025-01-15)
[S4] https://www.whitecase.com/news/press-release/white-case-advises-unitranche-and-revolving-lenders-fidelio-capitals-acquisition (as of 2024-12-03)
[S5] https://fideliocapital.com/news (as of 2026-07-06)
Frequently asked questions
Does Fidelio Capital buy property services businesses?
Yes, property and home services represent a visible sector focus for Fidelio Capital based on publicly disclosed investments [S3]. The firm’s portfolio includes Audria and Newsec in property services, as well as KEYTO in home services, with KEYTO receiving five add-on investments between December 2025 and January 2026 [S5].
What companies has Fidelio Capital acquired recently?
Recent platform acquisitions include Audria in May 2026, Greenfood in July 2025, and Newsec in December 2024 [S4][S5]. The firm has also completed multiple add-on acquisitions within its KEYTO home services platform throughout late 2025 and early 2026 [S5].
Where is Fidelio Capital based and how big is the firm?
Fidelio Capital is headquartered in Stockholm, Sweden, with additional offices in London and New York [S1][S2]. The firm reported approximately EUR 1.1 billion in capital under its third mandate as of January 2025 [S1].
Is Fidelio Capital still actively acquiring?
Yes, Fidelio Capital appears actively acquiring based on recent transaction history. The firm completed a platform acquisition of Audria in May 2026 and executed multiple add-on transactions in early 2026 [S5], indicating ongoing investment activity as of mid-2026.
This profile is maintained by CT Acquisitions as an independent third-party reference. CT Acquisitions is not affiliated with, endorsed by, or a representative of the firm profiled. All facts sourced from publicly available materials as of the dates cited.