SATS
Making people healthier

Sectors
ConsumerWebsite
www.satsgroup.noSATS is the leading pan-Nordic health and fitness chain, operating under SATS, Elixia and Fresh Fitness brands. SATS is a full-service brand including padel, digital workouts and personal trainers. It has over approx. 700,000 members and 280 clubs in Finland, Norway, Sweden and Denmark.
Why we believe in SATS
- The Nordic fitness market is an attractive market underpinned by strong macro fundamentals
- SATS is the #1 operator in the Nordics with unparalleled scale advantage
- Attractive financial profile with multiple levers for further value creation and growth
About SATS
2022 turnover (Calendar year)
EUR 388M
Employees
10 000
Investment date
Jun 2011
Fund
Fund III
Team

Sondre Gravir | CEO
Related
Conversation | Case

Happier and healthier people
SATS, stepping up for health with challenges brought on by modern society.
Conversation | Our team

A year like no other
Altor has made a number of investments and partnerships with successful brands across the consumer sector. We sat down with our Consumer-sector team to hear their thoughts on 2022 and what they believe 2023 will bring.
Conversation | Spotlight

Meet Susanna Campbell
The Altor community is built by partner companies and the people in- and outside of Altor. One of them is industry advisor Susanna Campbell, Board Member of H2 Green Steel and Chair of the Board at NOD.
Conversation | Case

A network for Scandinavian design driven brands
Scandinavian design graces homes all over the world. Now Altor has formed a network of such companies under one umbrella: Network of Design (NOD). But, as always, the story started somewhere completely different.
Conversation | Perspective
Building the green transition
We can’t be dependent on fossil fuels in the future. Altor plans to be a part of Europe’s green transition, driving an industrial revolution and helping the whole continent decarbonize.
Conversation | Case

All about connecting
The Nordic Leisure Travel Group: Everyone on board to change.
Conversation | Case

The power of the sun
Founded on a strong belief that solar power is the best solution for most homes, Svea Solar has quickly proven the power of the sun and is ready for the next step on their journey.
Conversation | Spotlight

Meet Paul Fischbein
The Altor community consists of a set of companies and people we collaborate with daily. One of them is industry advisor Paul Fischbein, with a long-standing track record from the consumer space and e-commerce sector.
Conversation | Spotlight
Driving the green energy transition
Watch the interview with Matilda Elfving Hauan, Senior Associate, talking about partnering up with Svea Solar and OX2, two companies building new green business within the energy industry.
Conversation | Perspective

Ten years later, still going strong
Helly Hansen was Altor’s first investment in the Consumer sector. A company part of the Norwegian heritage. During our nine years of partnership, the brand reconnected with its roots, the product portfolio improving every season and the operation developed a world class apparel company.
Conversation | Case

Slow fashion – fast growth
Toteme was founded in 2014 by the Swedish couple Elin Kling and Karl Lindman. It has evolved into a strong and iconic Swedish brand focused on minimalistic trans-seasonal design based on a uniform concept.
Conversation | Case

In the mood
Located in a music studio complex in the heart of Stockholm, Audiowell comes with a combined mission to increase the quality of lifestyle music and helping more professional songwriters, musicians and creators live off their music.
Conversation | Case

Turning ordinary tap water into tasteful experiences
Starting out as an engineering and design company aiming to make everyday objects better and more beautiful, Aarke is now embarking on a journey towards a greener future with a new subscription service at its core.
Conversation | Case

Breaking the glass-ceiling
The Stockholm Stock Exchange was founded in 1863, but the first female CEO of a listed company emerged first in 1987. The first female founder taking her company public as CEO took even longer, in 2021 Pernilla Nyrensten received that title.
Conversation | Case

A community of fun-dining experiences
We can all use more social life. And the trends points to people eating out more often and at the same time enjoying entertainment and activities. Now Altor has created a community of restaurants in Social Eatertainment Group.
Conversation | Case

A brand like no other
With the factory running non-stop since 1879, Dale of Norway is one of the home country’s best-known brands. The premium outdoor apparel appealed to Norwegians and tourists alike but was hit hard when Covid shut down travel.
Conversation | Case

Charged for the future
CTEK – building the necessary charging infrastructure.
News | Press release

21 Jun 2022
Altor invests in smart energy platform Tibber
News | Press release

25 May 2022
Altor enters an equal partnership with the founders of Audiowell
News | Press release

24 Mar 2022
Altor acquires a significant minority stake in Svea Solar – continuing its growth in climate transition investments
Our Consumer community


2022 turnover
EUR 21M
Employees
41
Investment date
Nov 2020
Fund
Fund V


2022 turnover
EUR 20M
Employees
10
Investment date
Dec 2021
Fund
Fund V


2022 turnover
EUR 22M
Employees
< 100
Investment date
Dec 2017
Fund
Fund III


2022 turnover
EUR 170M
Employees
566
Investment date
Apr 2018
Fund
Fund IV


2022 turnover
EUR 46M
Employees
91
Investment date
Jul 2019
Fund
Fund IV


2022 turnover
EUR 78M
Employees
131
Investment date
Dec 2020
Fund
Fund V


2022 turnover
EUR 1069M
Employees
1677
Investment date
Oct 2019
Fund
Fund V


2022 turnover
EUR 85M
Employees
111
Investment date
Sep 2021
Fund
Fund V


2022 turnover
EUR 132M
Employees
122
Investment date
Nov 2017
Fund
Fund IV


2022 turnover
EUR 401M
Employees
1232
Investment date
Oct 2013
Fund
Fund III


2022 turnover
EUR 388M
Employees
10 000
Investment date
Jun 2011
Fund
Fund III


2022 turnover
EUR 44M
Employees
290
Investment date
Mar 2018
Fund
Fund IV


2022 turnover
EUR 184M
Employees
1070
Investment date
Mar 2022
Fund
Fund V


2022 turnover
EUR 88M
Employees
79
Investment date
Jun 2021
Fund
Fund V


2022 turnover
EUR 845M
Employees
5363
Investment date
Jun 2019
Fund
Fund IV


2022 turnover
EUR 226M
Employees
ca 2500
Investment date
May 2018
Fund
Fund IV
What we’re reading
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15 Sep 2023 — ft.com
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