M&A Deal Summary

Aars Acquires OneCo

On January 1, 2019, family office Aars acquired business services company OneCo

Acquisition Highlights
  • This is Aars’ 1st transaction in the Business Services sector.
  • This is Aars’ 8th transaction in Norway.

M&A Deal Summary

Date 2019-01-01
Target OneCo
Sector Business Services
Buyer(s) Aars
Deal Type Buyout (LBO, MBO, MBI)

Target

OneCo

Kristiansand, Norway
OneCo is an industrial group with core activities in electronics, automation, electricity and telecom. The company carries out projects, operations, maintenance and emergency response throughout Norway. OneCo was founded in 2011 and is based in Kristiansand, Norway.

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Buyer(S) 1

Buyer
DESCRIPTION

Aars is a family-backed private investment firm focused on a variety of direct and other alternative investments. The Firm's direct investment group is sector agnostic and will consider opportunities throughout Scandinavia. Aars looks for businesses with strong company cultures and situations where strategic expertise can help with growth. Aars was originally established in 1936 and is based in Oslo, Norway.


DEAL STATS #
Overall 9 of 10
Sector: Business Services M&A 1 of 1
Type: Buyout (LBO, MBO, MBI) M&A Deals 5 of 5
Country: Norway M&A 8 of 9
Year: 2019 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-07-05 Onitio

Kristiansand, Norway

Onitio supplies installation, support and maintenance of IT and technological equipment throughout the Nordic region. Onitio was founded in 1986 and is based in Kristiansand, Norway.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-03-20 Iterate

Oslo, Norway

Iterate is a company builder platform that has succeeded in creating an innovative and playful environment, where employees use their working time to both develop their own ideas, and solve customers' challenges. Furthermore, Iterate has built its own setup of tools for start-up companies. Iterate was founded in 2007 and is based in Oslo, Norway.

Buy -