Stenhaga Invest

What Stenhaga Invest does

Stenhaga Invest AB is a privately held Swedish investment holding company headquartered in Vara, Sweden, operating a diversified portfolio of real estate assets and operating subsidiaries across western Sweden and Northern Europe. Its core holdings include a real estate portfolio of approximately 500,000 m2, anchored by the 395,800 m2 Stallbacka Företagspark industrial park (with multimodal highway, waterway, railway, and airport access), VCL Fastigheter in Skövde, heritage hospitality properties Bjertorp Slott (K-listed) and Bokenäs resort, the newly built Kingsport Marina, and the Stångudden lighthouse residence. The holding structure generates revenue through property rentals, hospitality operations (via Winn Hotel Group), event venue income (Tierp Arena), and specialized facilities (Kinnekulle Ring driving school and motorsport complex serving ~4,500 students annually).

The company's operating subsidiaries span fintech, modular construction, automotive retail, motorsport, horse breeding, and renewable energy. Aptic AB (130+ employees, offices in Stockholm, Skövde, Oslo, The Hague, Aarhus) provides enterprise fintech software for payments, factoring, debt collection, leasing, accounting, and credit management to Nordic banks and credit-servicing firms including SEB, Wasa Kredit, Collector Bank, Komplett Bank, Intrum, and Lowell. MedicSolution Nordic AB delivers modular construction for healthcare operating rooms, sterile centers, clean rooms, and laboratories. Bilkompaniet i Tråvad AB operates a sports and collector car dealership (~20 vehicles in showroom) outside Vara. Stenhaga Motorsport AB competed in Porsche one-make series from 2021–2025 before pausing in 2026. TL Invest holds Stenhaga's interest in a wind power park in Vara municipality developed with TL Vind.

Stenhaga Invest's business model combines long-duration real estate cash flow (recurring rental, hospitality, and event revenue) with operating-company equity returns across differentiated verticals. Go-to-market is sales-led, executed through direct engagement by senior leadership and individual portfolio company sales teams (e.g., Aptic's Nordic enterprise sales force, Bilkompaniet's showroom). The company is founder/family-controlled (associated with Svante Andersson, CEO, and the Ellhage family via Ludwig Ellhage), with Jonas Hjelmqvist as Chairman and Matilda Andreasson as CFO. No external institutional capital providers or public shareholders are identified.

Name

Stenhaga Invest

Legal name

Stenhaga Invest AB

Website

https://stenhaga.com

Company type

Private

Operating status

Operating

Headcount range

1–10 employees

Ownership category

akta.pro rank

Product category

Investment Holding Company

NAICS

Securities, Commodity Contracts, and Other Financial Investments and Related Activities (523), Lessors of Other Real Estate Property (53119), Funds, Trusts, and Other Financial Vehicles (525)

SIC

Investors, Nec (6799), Real Estate Dealers (For Their Own Account) (6532), Operators Of Nonresidential Buildings (6512)

akta.pro primary industry

Real Assets — Operating Platforms & Direct Investments (FSAAAKAL)

akta.pro secondary industry

Residential Real Estate Asset Management (BPAJAMAA)

Keywords

• Investment holding company
• Real estate portfolio
• Fintech software solutions
• Modular construction healthcare
• Industrial property leasing

Headquarters

HQ city

Vara

HQ country

Sweden

HQ region

Europe

Offices2 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Operations, Infrastructure, Personnel, Technology or R&D, Supply Chain, Marketing or Sales

Revenue model

1. Real Estate Rental Income: Revenue generated from property holdings including commercial, industrial, residential, and hospitality properties across western Sweden. Properties include Stallbacka Företagspark, VCL Fastigheter, Bokenäs, Bjertorp Slott, Kinnekulle Ring, and others totaling over 500,000 m2.
2. Portfolio Company Profits: Stenhaga earns returns from ownership stakes in operating companies including Aptic AB (fintech software), MedicSolution Nordic AB (modular healthcare construction), Bilkompaniet i Tråvad AB (sports/collector car sales), Stall Stenhaga AB (horse breeding), and Stenhaga Motorsport AB (motorsport).
3. Aptic Software Platform Revenue: Aptic generates recurring revenue from software solutions for payment processing, factoring, debt collection, leasing, accounting and credit management, serving customers across Scandinavia and Northern Europe.
4. Automotive Trading: Bilkompaniet generates revenue through wholesale and retail sales of sports cars and collector vehicles, primarily from European manufacturers.
5. Hospitality Operations: Bjertorp Slott operates as a conference and hotel venue managed by Winn Hotel Group AB.

Go-to-market motion1 record

Distribution channels3 records

Marketing channels2 records

Core offering

Stenhaga Invest AB is a Swedish private investment holding company that owns and develops approximately 500,000 square meters of real estate in western Sweden and manages a diversified portfolio of operating subsidiaries. The real estate holdings include commercial, industrial, residential, and hospitality properties such as Stallbacka Företagspark, VCL Fastigheter, Bjertorp Slott, Bokenäs, Kinnekulle Ring, and Kingsport Marina. The company also holds controlling interests in operating businesses spanning fintech software (Aptic AB), modular healthcare construction (MedicSolution Nordic AB), sports and collector vehicle dealership (Bilkompaniet i Tråvad AB), motorsport racing (Stenhaga Motorsport AB), horse breeding (Stall Stenhaga AB), and renewable wind energy (TL Invest).

Product overview

Stenhaga Invest AB is a diversified investment holding company whose portfolio consists of real estate holdings and operating subsidiaries across industry, IT/fintech, and services. The core real estate operations are organized under Stenhaga Fastigheter AB (with ~500,000 m2 portfolio), VCL Fastigheter (~15,000 m2 in Skövde), and Perveni AB (specialized properties). Key subsidiaries include: Aptic AB (Nordic fintech software for payments, factoring, leasing, and credit management), MedicSolution Nordic AB (modular construction for healthcare and research), Stenhaga Motorsport AB (Porsche racing team), Bilkompaniet i Tråvad AB (sports/collector car dealership), Stall Stenhaga AB (horse breeding), TL Invest (wind energy), Kinnekulle Ring (motor racing and training), Tierp Arena (multi-purpose events), and Bjertorp Slott (conference/hotel). Properties include Bokenäs resort, Kingsport Marina, Stallbacka Företagspark (industrial business park), and Stångudden lighthouse residence.

Differentiator

Problem solved

Functional benefit

Brands

• MedicSolution Nordic AB: Modular construction company specializing in healthcare (operating rooms, sterile centers) and research (clean rooms and laboratories) facilities.
• Stenhaga Cannabiz
• Kingsport Marina

Products and services

• Stenhaga Fastigheter AB Real Estate Portfolio
• Stallbacka Företagspark
• Aptic AB Fintech Software
• MedicSolution Nordic AB Modular Construction
• Bilkompaniet i Tråvad AB Sports Car Dealership
• Tierp Arena Event Venue
• Bjertorp Slott Conference and Hotel
• Bokenäs Holiday Resort
• Kingsport Marina
• Kinnekulle Ring Motor Racing Facility
• Stenhaga Motorsport Racing Team
• Stall Stenhaga AB Horse Breeding
• TL Invest Wind Energy

Named customers7 records

Segments4 records

Ideal customer profiles5 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Two partnerships are on record, tiered core.

• Winn Hotel Group ABcoreStrategic or Co-development PartnerWinn Hotel Group AB operates the conference and hotel business at Bjertorp Slott, a historic property owned by Stenhaga's subsidiary Perveni AB. This partnership allows Bjertorp Slott to operate as a hospitality venue while Stenhaga maintains property ownership.
• Kinnekulle RingcoreOthersKinnekulle Ring motor racing facility is owned and operated within the Stenhaga portfolio. The facility includes a racetrack, driving school, and safety training grounds serving approximately 4,500 driving school students annually.

Scale indicators2 records

Recent moves6 records

Expansion highlights5 records

Broad incumbents

• Investor AB: Sweden's largest holding company with controlling stakes in major Nordic listed businesses. Provides a benchmark for diversified Nordic holding structures although operating at materially larger scale than Stenhaga.
• Stena AB: Swedish privately held diversified group with major real estate operations plus shipping, energy and other ventures. Comparable as a Swedish family-controlled private multi-asset holding.
• L E Lundbergföretagen AB: Swedish family-controlled investment company with significant listed holdings and real estate. Comparable long-duration, family-driven Nordic investment approach.

Direct peers

• Storskogen Group AB: Listed Swedish diversified holding company that acquires and develops profitable Nordic SMEs across industrial, digital and consumer services. Closely comparable to Stenhaga's model of holding many small-to-mid operating businesses under one corporate umbrella.
• Ratos AB: Swedish investment company that owns and develops operating businesses across construction, services and consumer sectors. Comparable in holding diversified portfolio companies that are developed over multi-year horizons.
• Svolder AB: Swedish investment company focused on listed Nordic small- and mid-cap holdings. Comparable as a focused Nordic investment vehicle with similar geographic and operational scope.
• Latour AB: Swedish family-controlled investment company operating industrial and real estate holdings. Similar long-duration, multi-sector Nordic holding structure with both operating businesses and property assets.
• Kinnevik AB: Listed Swedish investment company with diversified ownership in consumer, fintech and other growth sectors. Comparable as a Nordic multi-sector investment holding with both operating and minority stakes.

Emerging players

• Volati AB: Swedish industrial/consumer holding company that acquires and develops niche operating businesses. Smaller scale than Storskogen but applies a similar buy-and-develop holding model to diversified Nordic SMEs.
• Traction AB: Small Swedish investment company focused on listed Nordic small- and mid-cap equities. Comparable Nordic multi-sector investment approach with similar long-term horizon.

Market position

Strengths4 records

Weaknesses5 records

Competitive moat4 records

Key risks5 records

Key highlights5 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Profiles8 records

Subsidiaries7 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Stenhaga Invest