M&A Deal Summary

Summa Equity Acquires Holdbart

On May 6, 2021, private equity firm Summa Equity acquired e-commerce company Holdbart

Acquisition Highlights
  • This is Summa Equity’s 1st transaction in the E-Commerce sector.
  • This is Summa Equity’s 4th transaction in Norway.

M&A Deal Summary

Date 2021-05-06
Target Holdbart
Sector E-Commerce
Buyer(s) Summa Equity
Deal Type Buyout (LBO, MBO, MBI)

Target

Holdbart

Oslo, Norway
Holdbart is an online store sells groceries through payment solution Netaxept provided by NETS. Holdbart was founded in 2015 and is based in Oslo, Norway.

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Buyer(S) 1

Buyer

Summa Equity

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 2016
PE ASSETS 14.0B SEK
Size Middle-Market
Type Sector Agnostic
DESCRIPTION

Summa Equity is a private equity firm that looks to invest €10 to €50 million per transaction and pursues growing companies with significant business relations in the Nordic region. Summa Equity was formed in 2016 and is headquartered in Stockholm, Sweden.


DEAL STATS #
Overall 16 of 25
Sector: E-Commerce M&A 1 of 1
Type: Buyout (LBO, MBO, MBI) M&A Deals 7 of 10
Country: Norway M&A 4 of 6
Year: 2021 M&A 1 of 5
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-03-25 Olink

Uppsala, Sweden

Olink provides leading solutions for advanced proteomics research and development, enabling biopharmaceutical companies and leading academic researchers to quickly and efficiently understand diseases at the protein level. Olink's proprietary technology, Proximity Extension Assay (PEA), enables high-throughput protein analysis for the very large installed base of qPCR and next-generation sequencing readout systems on the market. Olink was founded in 2016 and is based in Uppsala, Sweden.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-05-16 HyTest

Turku, Finland

HyTest produces antibodies and antigens for the IVD industry for use as key components of various laboratory assays and kits. HyTest’s customer base includes a large number of companies that supply IVD equipment, including many of the global leaders in the IVD market. The company is active across the globe, including US, Asia and Europe. HyTest was founded in 1994 and is based in Turku, Finland.

Sell €545M