M&A Deal Summary

MVI Acquires Nordic Drives Group

On January 1, 2021, private equity firm MVI acquired electrical equipment company Nordic Drives Group

Acquisition Highlights
  • This is MVI’s 1st transaction in the Electrical Equipment sector.
  • This is MVI’s 6th transaction in Sweden.

M&A Deal Summary

Date 2021-01-01
Target Nordic Drives Group
Sector Electrical Equipment
Buyer(s) MVI
Deal Type Consolidation

Target

Nordic Drives Group

Stockholm, Sweden
website
Nordic Drives Group specializes in electric drive and power systems and are experts in electric motors, frequency converters and industrial automation. Nordic Drives Group was founded in 2021 and is based in Stockholm, Sweden.

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Buyer(S) 1

DESCRIPTION

MVI is a growth capital and buyout firm focused on working with companies throughout Scandinavia. MVI does not have any sector preferences and is a 'hands on' investor group when working with portfolio companies. MVI dates back to 1992 and is headquartered in Stockholm.


DEAL STATS #
Overall 8 of 9
Sector (Electrical Equipment) 1 of 1
Type (Consolidation) 3 of 3
Country (Sweden) 6 of 7
Year (2021) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-01-01 Freedom Group

Stockholm, Sweden

Freedom Group is an accounting group in Sweden, with a vision to help entrepreneurs grow. By having efficient and digitized processes, Freedom can spend time where it matters most for its clients, being there and providing advice to help them develop their businesses. Freedom Group was formed in 2021 and is based in Stockholm, Sweden.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-11-16 Stangby

Lund, Sweden

Stangby is a plant nursery in B2B-market for plant material. Stangby was founded in 1978 and is based in Lund, Sweden.

Buy -