Investment Banking
The leading investment bank in the Nordic region with more than 350 professionals across Stockholm, Oslo, Copenhagen, Helsinki, London, New York and the Asia Pacific. We advise companies, owners and investors on mergers and acquisitions, equity capital markets, debt capital markets transactions. DNB Carnegie offers an unmatched product offering across advisory and the capital structure to secure a successful outcome of any transaction.
Our Services
Mergers & Acquisitions (M&A)
Advising companies, business owners and investors on acquisitions, divestments, mergers, public takeover bids and other strategic transactions across the Nordic region.
Equity Capital Markets (ECM)
Advising companies and shareholders on equity capital markets transactions across the Nordic region, supporting clients through IPOs, public listings, follow-on offerings, rights issues and private placements.
Debt Capital Markets (DCM)
Advising companies on debt financing solutions and sourcing capital across corporate, leveraged finance, infra-linked financing and high yield and investment grade bonds.
Selected Transactions
Datec AS
- Country:
- Norway
- Sector:
- TMT
- Category:
- M&A
- Type:
- Sell-side
- Size:
- Undisclosed
- Role:
- Financial adviser
- Year:
- 2026
Hexagon
- Country:
- Norway
- Sector:
- Industrials
- Category:
- ECM
- Type:
- Private placement
- Size:
- NOK 550 million
- Role:
- Joint Bookrunner
- Year:
- 2026
Elkem
- Country:
- Norway
- Sector:
- Industrials
- Category:
- ECM
- Type:
- Private placement
- Size:
- NOK 1.5 billion
- Role:
- Joint bookrunner
- Year:
- 2026
Solid Energy
- Country:
- Norway
- Sector:
- Services
- Category:
- M&A
- Type:
- Sell-side
- Size:
- Undisclosed
- Role:
- Financial adviser
- Year:
- 2026
Rana Gruber ASA
- Country:
- Norway
- Sector:
- Industrials
- Category:
- M&A
- Type:
- Buy-side
- Size:
- NOK 2,930 million
- Role:
- Sole financial adviser
- Year:
- 2026
GK Danmark AS
- Country:
- Denmark
- Sector:
- Technical installation
- Category:
- M&A
- Type:
- Sell-side
- Size:
- Undisclosed
- Role:
- Financial adviser
- Year:
- 2026
NTE Elektro
- Country:
- Norway
- Sector:
- Technical installation
- Category:
- M&A
- Type:
- Sell-side
- Size:
- Undisclosed
- Role:
- Financial adviser
- Year:
- 2026
Teneo
- Country:
- Norway
- Sector:
- TMT
- Category:
- M&A
- Type:
- Buy-side
- Size:
- Undisclosed
- Role:
- Financial adviser
- Year:
- 2025
Sector teams
Through our sector teams we offer unmatched breadth and depth in sector knowledge with well-established relationships and networks. We believe in specialisation in order to deliver value-add to our clients. We have dedicated sector teams with Consumer, Ocean Energy, Seafood, Financial Services, Real Estate, Shipping, Healthcare, Renewables & Infrastructure, Technology Media & Telecom and Industrials & Business Services.
Our sectors
Consumer
DNB Carnegie is a leading global investment bank for the consumer sector.
Financial Services
DNB Carnegie is a leading global investment bank for the financial services sector.
Industrials & Business Services
DNB Carnegie is a leading global investment bank for the industrials and business services sectors.
Ocean Energy
DNB Carnegie is a leading global investment bank for the Ocean Energy sectors.
Real Estate
DNB Carnegie is a leading global investment bank for the real estate sector.
Renewable Infrastructure & Transition
DNB Carnegie is a leading global investment bank for renewable infrastructure and energy transition.
Seafood
DNB Carnegie is a leading global investment bank for the seafood industry.
Shipping
DNB Carnegie is a leading global investment bank for the shipping industry.
Technology, Media & Telecommunications
DNB Carnegie is a leading global investment bank for the TMT sector.
Financial Sponsors
DNB Carnegie is a leading global investment bank for financial sponsors.
Global platform – a bridge to international capital and buyers
By combining leading local market expertise with global reach through our offices in London, New York and Singapore, we help clients access capital, execute strategic transactions and connect with investors and buyers worldwide. In sectors such as Shipping, Ocean Energy and Seafood, we hold globally leading positions, providing clients with deep industry insight and unmatched market access.
“The best client relationships are not defined by a single deal, but by years of working together.”
Peter Behnke
Global Co-Head of Investment Banking
Nordic market leadership
#1 Nordics
For Corporate Finance according to Kantar Sifo Prospera's independent client survey.
#1 in Sweden
For Corporate Finance, ECM and M&A according to Kantar Sifo Prospera's independent client survey.
#1 Norway
For Corporate Finance, M&A and ECM according to Kantar Sifo Prospera's independent client survey.
#1 in Finland
For Corporate Finance according to Kantar Sifo Prospera's independent client survey.
#1 in Denmark
For Corporate Finance according to Kantar Sifo Prospera's independent client survey.
#1 in Europe - IPO
By number of IPOs advised, according to Bloomberg.
DNB Carnegie has a leading position in the Nordic region and has unique insights into all capital sources through an unmatched continuous deal flow
Johan Flintull
Global Co-Head Investment Banking
Who we serve
The leading Nordic investment bank for financial sponsors
As the largest financial sponsors team in the Nordics, our relationships span private equity funds, sovereign wealth funds, investment companies and family offices houses, supporting sponsors through the entire investment lifecycle, from platform acquisition to exit.
Other services
Equities
We are the leading Nordic equities broker for professional and corporate clients.
Fixed income, currencies and commodities
Risk management, credit research, trading, financing and advisory solutions
Research
Our research combines deep sector expertise, independent analysis and local market knowledge.
Securities Services
Custody, investor and issuer services to help you operate efficiently across the Nordic region.