M&A Deal Summary

Norvestor Equity AS Acquires The North Alliance

On June 18, 2018, private equity firm Norvestor Equity AS acquired information technology company The North Alliance from CapMan

Acquisition Highlights
  • This is Norvestor Equity AS’s 6th transaction in the Information Technology sector.
  • This is Norvestor Equity AS’s 46th transaction in Norway.

M&A Deal Summary

Date 2018-06-18
Target The North Alliance
Sector Information Technology
Buyer(s) Norvestor Equity AS
Sellers(s) CapMan
Deal Type Secondary Buyout
Advisor(s) GP Bullhound (Financial)

Target

The North Alliance

Oslo, Norway
The North Alliance offers an integrated range of services within design, communications, and technology. The North Alliance was founded in 2014 and is based in Oslo, 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 63 of 80
Sector (Information Technology) 6 of 10
Type (Secondary Buyout) 4 of 8
Country (Norway) 46 of 54
Year (2018) 2 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-02-16 Sperre

Ellingsøy, Norway

Sperre is a world leading supplier of starting-air compressor systems for the offshore- and commercial marine markets. Sperre was founded in 1938 and is based in Ellingsøy, Norway.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2018-12-10 Stamina Group

Oslo, Norway

Stamina Group focused on providing occupational health services (OHS) with operations in Norway and Sweden. Stamina help employers to promote health and increase productivity through preemptive health and working environment programs. The company works systematically to identify organizational health issues and help its customers to create healthy work environments and strengthen the individual with the goal to reduce psychosocial related absence. Stamina Group is based in Oslo, Norway.

Buy -

Seller(S) 1

SELLER

CapMan

Helsinki, Finland

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 1989
PE ASSETS 4.9B EUR
Size Mega
Type Sector Agnostic
DESCRIPTION

CapMan is a private equity group focused on a variety of investments in Scandinavia and Russia. CapMan's buyout group looks to invest €20 to €70 million (€10 to €20 for mezzanine) of capital in unlisted companies generating €50 to €500 million in revenues. CapMan seeks control positions and does not have any sector preferences. CapMan was established in 1989 and has offices in Helsinki, Stockholm, Oslo, Luxembourg, and Moscow.


DEAL STATS #
Overall 23 of 43
Sector (Information Technology) 2 of 4
Type (Secondary Buyout) 8 of 11
Country (Norway) 2 of 5
Year (2018) 4 of 6
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-06-06 MPT Sweden AB

Eksharad, Sweden

MPT Sweden AB is a production of metal powders and crushed metals especially for the welding, steel and foundry industries. MPT Sweden AB is based in Eksharad, Sweden.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2018-07-05 Onitio

Kristiansand, Norway

Onitio supplies installation, support and maintenance of IT and technological equipment throughout the Nordic region. Onitio was founded in 1986 and is based in Kristiansand, Norway.

Sell -