M&A Deal Summary

First Mover Group AS Acquires Relokator

On August 6, 2018, First Mover Group AS acquired business services company Relokator from Reiten & Co

Acquisition Highlights
  • This is First Mover Group AS’s 1st transaction in the Business Services sector.
  • This is First Mover Group AS’s 1st transaction in Norway.

M&A Deal Summary

Date 2018-08-06
Target Relokator
Sector Business Services
Buyer(s) First Mover Group AS
Sellers(s) Reiten & Co
Deal Type Add-on Acquisition

Target

Relokator

Oslo, Norway
Relokator is a provider of tenant consulting and relocation management services. Relokator was established in 1985 and is based in Oslo, Norway.

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Buyer(S) 1

Buyer

First Mover Group AS

Lysaker, Norway

Category Company
Founded 2006
Sector Business Services
DESCRIPTION

First Mover Group AS is a provider in a group of several brands, all of which are aimed at the market that arises when a company's lease is about to expire. First Mover Group was established in 2006 and is based in Lysaker, Norway.


DEAL STATS #
Overall 1 of 1
Sector: Business Services M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
Country: Norway M&A 1 of 1
Year: 2018 M&A 1 of 1

Seller(S) 1

SELLER

Reiten & Co

Oslo, Norway

Investor Investor Investor


Category Private Equity Firm
Founded 1992
PE ASSETS 450M EUR
Size Middle-Market
Type Sector Agnostic
DESCRIPTION

Reiten & Co is a Norwegian private equity firm that targets control investments in middle-market Scandinavian companies. Reiten looks for businesses with strong management, solid cashflow, and operating in a growing industry. The Firm's target investment size is €10 to €40 million per transaction. Reiten was formed in 1992 and began investing in 1996. The Firm is based in Oslo.


DEAL STATS #
Overall 16 of 22
Sector: Business Services M&A 3 of 3
Type: Add-on Acquisition M&A Deals 9 of 10
Country: Norway M&A 13 of 18
Year: 2018 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-09-26 Webstep

Oslo, Norway

Webstep is an IT consultancy focused on providing power supply, efficient airline booking, innovative mobile banking, and efficient cloud solutions. The company turns data information into business value and develops digitized healthcare solutions and services for vital functions in the society. Webstep was founded in 2000 and is based in Oslo, Norway.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2018-11-21 Navamedic

Oslo, Norway

Navamedic is a pharmaceutical company, markets, and sells pharmaceuticals and other health care products in Northern European region. The company's product portfolio includes generic, branded, and patented pharmaceuticals, as well as medical devices, food supplements, cosmetics, and other health care products. Navamedic was founded in 2002 and is based in Oslo, Norway.

Buy -