Buyout (LBO, MBO, MBI) • Transportation

Norvestor Equity Acquires SmartRetur

On September 3, 2020, private equity firm Norvestor Equity acquired transportation company SmartRetur

Acquisition Context
  • This is Norvestor Equity’s 1st transaction in the Transportation sector.
  • This is Norvestor Equity’s 49th transaction in Norway.

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M&A Deal Summary

Date September 3, 2020
Target SmartRetur
Sector Transportation
Buyer(s) Norvestor Equity
Deal Type Buyout (LBO, MBO, MBI)

Target Company

SmartRetur

Langhus, Norway
SmartRetur is a reverse logistics of reusable packaging, has differentiated itself by a comprehensive warehouse infrastructure and digital solutions to create cost effective and reliable logistics services. Its services include handling, trading, transport and storage of pallets and miscellaneous reusable packaging formats. The company is a facilitator of the circular economy, helping customers to reduce costs while reducing the environmental footprint of logistics. SmartRetur was founded in 2001 and is based in Langhus, Norway.
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Buyer Overview 1

Buyer

Norvestor Equity

Oslo, Norway

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 1989
PE ASSETS 8.3B EUR
Size Mega
Type Sector Agnostic
DESCRIPTION

Norvestor Equity is an independent private equity group focused on opportunities throughout Norway and the nearby Nordic region. Norvestor generally looks to acquire control positions in businesses with strong market positions, clear potential for sales and earnings growth, and motivated management. Sectors of interest include engineering/technology, food/beverage, IT, telecommunications, maritime equipment, oil services, power/energy, retail, and services/outsourcing. The Firm's investment size is €10 to €45 million in companies with enterprise values of €20 to €125 million. Norvestor Equity was founded in 1989 and is based in Oslo, Norway.


Deal Context for Buyer #
Overall 68 of 88
Sector: Transportation 1 of 1
Type: Buyout (LBO, MBO, MBI) 46 of 62
Country: Norway 49 of 58
Year: 2020 2 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-06-04 Wexus Gruppen AS

Stavanger, Norway

Wexus Group focuses on the sale and rental of modular buildings for public projects, infrastructure, construction, and oil & gas sectors in Norway and Sweden. Wexus provides flexible solutions to its customers using its modern factory in Estonia that has its own Technical Approvals from Sintef. Wexus was formed in 2014 and is based in Stavanger, Norway.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2020-10-01 Aptilo Networks AB

Stockholm, Sweden

Aptilo Networks AB is a cloud based software company and a market ruler in solutions to manage data services to control internet access over wireless networks. Aptilo Networks was founded in 2001 and is based in Stockholm, Sweden.

Sell -