M&A Deal Summary

Agilitas Private Equity Acquires Recover Group

On June 9, 2013, private equity firm Agilitas Private Equity acquired environmental company Recover Group from The ISS Group

Acquisition Highlights
  • This is Agilitas Private Equity’s 1st transaction in the Environmental sector.
  • This is Agilitas Private Equity’s 1st transaction in Norway.
Investment Fate
  • Recover Group was sold to a consortium of financial buyers in 2019.

M&A Deal Summary

Date 2013-06-09
Target Recover Group
Sector Environmental
Buyer(s) Agilitas Private Equity
Sellers(s) The ISS Group
Deal Type Divestiture

Target

Recover Group

Oslo, Norway
Recover Group is a provider of property remediation and environmental services in the Nordics. Recover Nordic serves insurance companies, municipalities, industrial and commercial companies across the Nordics, helping end-customers return to everyday life as quickly as possible following property damages and unexpected events. Recover Group was founded in 2013 and is based in Oslo, Norway.

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Buyer(S) 1

DESCRIPTION

Agilitas Private Equity is a private investment group focused on acquiring European businesses exhibiting significant barriers to entry, long-term customer relationships, and differentiated resources. Agilitas will consider businesses with complex business models or transaction structures. Agilitas Private Equity was established in 2011 and is based in London.


DEAL STATS #
Overall 1 of 15
Sector: Environmental M&A 1 of 4
Type: Divestiture M&A Deals 1 of 4
Country: Norway M&A 1 of 1
Year: 2013 M&A 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2014-01-29 Impetus Waste Management

Cleveland, United Kingdom

Impetus Waste Management Ltd. operates a traditional waste management business, a waste broking business and a small vehicle fleet. It operates landfill in the North East, owning and operating two sites.

Buy -

Seller(S) 1

SELLER

The ISS Group

Middletown, New Jersey, United States

Category Company
Sector Information Technology
DESCRIPTION

ISS Group Limited delivers high quality software solutions that assist industry leaders to visualise their operations in real-time, and optimise their operational performance.


DEAL STATS #
Overall 1 of 1
Sector: Environmental M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
Country: Norway M&A 1 of 1
Year: 2013 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2007-05-23 Sanitors

San Antonio, Texas, United States

Sanitors, Inc. is a provider of janitorial and landscape services to the commercial market in the United States. Janitorial services include floor cleaning and finishing, wall and window washing, furniture polishing, rug cleaning, dusting, and refuse collection. Landscape services include design and build, general maintenance, irrigation installation and management, and lawn and tree care.

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