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  5. Pareto AS Acquires Factor Insurance Group ASA

M&A Deal Summary

Pareto AS Acquires Factor Insurance Group ASA

On April 16, 2010, Pareto AS acquired insurance company Factor Insurance Group ASA from Reiten & Co

Acquisition Highlights
  • This is Pareto AS’s 1st transaction in the Insurance sector.
  • This is Pareto AS’s 1st transaction in Norway.

M&A Deal Summary
Date 2010-04-16
Target Factor Insurance Group ASA
Sector Insurance
Buyer(s) Pareto AS
Sellers(s) Reiten & Co
Deal Type Add-on Acquisition

Target

Factor Insurance Group ASA

Oslo, Norway
Factor Insurance Group ASA is a provider of both property & casualty (P&C) and life insurance to corporations and the public sector.

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Buyer(S) 1

Buyer

Pareto AS

Oslo, Norway
Category Company
Founded 1985
Sector Financial Services
DESCRIPTION

Pareto AS provides various financial services.

DEAL STATS #
Overall 1 of 1
Sector (Insurance) 1 of 1
Type (Add-on Acquisition) 1 of 1
Country (Norway) 1 of 1
Year (2010) 1 of 1

Seller(S) 1

SELLER

Reiten & Co

Oslo, Norway

Investor Investor 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 8 of 21
Sector (Insurance) 1 of 1
Type (Add-on Acquisition) 5 of 10
Country (Norway) 5 of 17
Year (2010) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2009-11-27 Basefarm AS

Oslo, Norway

Basefarm AS is a provider of operational services to businesses that use the internet as an important customer channel. Basefarm specialises in operating internet services with high levels of traffic and complexity, such as portals, web newspapers, streaming services, search services and online shopping solutions. Basefarm AS was founded in 2000 and is based in Oslo, Norway.

Buy Nkr255M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2011-04-12 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.

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