M&A Deal Summary

4Service Acquires Resco AS

On July 6, 2017, 4Service acquired business services company Resco AS

Acquisition Highlights
  • This is 4Service’s 4th transaction in the Business Services sector.
  • This is 4Service’s 4th transaction in Norway.

M&A Deal Summary

Date 2017-07-06
Target Resco AS
Sector Business Services
Buyer(s) 4Service
Deal Type Add-on Acquisition

Target

Resco AS

Oslo, Norway
Resco AS is a provider of cleaning services in the greater Oslo area, and represents an expansion into the high-end office building segment.

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Buyer(S) 1

Buyer

4Service

Oslo, Norway

Category Company
Founded 2010
Sector Business Services
Employees500
Revenue 400M NOK (2015)
DESCRIPTION

4Service is a provider of soft facility management services with focus on food (canteen and catering operation) and support services. It has gradually developed solid market positions in three business areas: (i) food & support services, (ii) onshore camps and (iii) offshore rigs, with a particularly strong position within the attractive onshore camps segment which is forecasted to grow rapidly due to many large planned and ongoing infrastructure projects. 4Service was founded in 2010 and is based in Oslo, Norway.


DEAL STATS #
Overall 4 of 4
Sector: Business Services M&A 4 of 4
Type: Add-on Acquisition M&A Deals 4 of 4
Country: Norway M&A 4 of 4
Year: 2017 M&A 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-07-06 Mint Renhold AS

Trondheim, Norway

Mint Renhold AS is a provider of cleaning services, providing geographical expansion into the greater Trøndelag-region as well as strengthened presence in the Oslo region.

Buy -