Norwegian private equity firm Bluefront Equity has added another company to its portfolio with the acquisition of a majority stake in Anteo.
Anteo provides software solutions for the aquaculture industry, providing both planning and logistics optimization. services The company delivered revenue of roughly NOK 27 million (USD 2.8 million, EUR 2.5 million) in 2025, which is equivalent to 20 percent growth compared to the prior year.
“Anteo has developed a logistics optimization software that feed suppliers, operators of service vessels and feed barges, as well as fish farmers, derive significant value from,” Bluefront Investment Manager Johan Kostveit said. “We strongly believe in solutions that make the aquaculture industry more cost-efficient while reducing its environmental footprint. That is why we are investing in the company.”
Anteo creates “decision-support” systems for the aquaculture value chain, and according to Bluefront, its core product is a platform for planning and coordinating the logistics of a fish-farming operation. Through the platform, operators get a real-time view of vessels, operations, fish farming sites and resources, and aggregated data from sensors and systems in a centralized overview.
“This enables improved decision-making, more efficient use of resources, and simplified documentation of logistics related to feed, fish silage, fuel, wellboats, and service vessels,” Bluefront said.
Anteo Managing Director Sverre Marvik said that the company was getting to a size where it made sense to bring in outside assistance.
“We are more than 10 years old and have reached a size where it feels right to bring in a professional investor to support the next development phase,” Marvik said. “The main objective of bringing in Bluefront is to strengthen our organization so that we can deliver even better services and support our customers even more closely. We also see synergies with other software companies in the Bluefront portfolio.”
Bluefront will now own 54 percent of Anteo, purchased mainly from early-phase investors. The exact value of the purchase was not disclosed.
