M&A Deal Summary

Norvestor Equity AS Acquires SmartRetur

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

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

M&A Deal Summary

Date 2020-09-03
Target SmartRetur
Sector Transportation
Buyer(s) Norvestor Equity AS
Deal Type Buyout (LBO, MBO, MBI)

Target

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(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 68 of 85
Sector: Transportation M&A 1 of 1
Type: Buyout (LBO, MBO, MBI) M&A Deals 46 of 59
Country: Norway M&A 49 of 57
Year: 2020 M&A 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 -