M&A Deal Summary

Norvestor Equity AS Acquires NetNordic

On June 27, 2017, private equity firm Norvestor Equity AS acquired communications company NetNordic

Acquisition Highlights
  • This is Norvestor Equity AS’s 3rd transaction in the Communications sector.
  • This is Norvestor Equity AS’s 43rd transaction in Norway.

M&A Deal Summary
Date 2017-06-27
Target NetNordic
Sector Communications
Buyer(s) Norvestor Equity AS
Deal Type Buyout (LBO, MBO, MBI)

Target

NetNordic

Lysaker, Norway
NetNordic is a vendor of telecommunications systems. Company deliver Service Provider networking equipment, as well as production platforms for voice and video applications. As the "Best Companion" NetNordic shall contribute to realize customer’s business potential through efficient use of solutions and services. NetNordic was founded in 2001 and is based in Lysaker, Norway.

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Buyer(S) 1

Buyer

Norvestor Equity AS

Oslo, Norway

Investor Investor Investor Investor Investor

Category Private Equity Firm
Founded 1993
PE ASSETS 2.1B EUR
Size Large
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 is based in Oslo with an additional office in Stockholm.

DEAL STATS #
Overall 60 of 80
Sector (Communications) 3 of 3
Type (Buyout (LBO, MBO, MBI)) 44 of 55
Country (Norway) 43 of 54
Year (2017) 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-05-26 Abax

Peterborough, United Kingdom

Abax is a designer and manufacturer of electronic trip logs that continuously and automatically write the triplog for the vehicle users. Abax was founded in 2003 and is based in Peterborough, United Kigdom.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-09-12 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.

Buy -
Mergr

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