Nordic Camping & Resort (Norvestor) Acquires First Camp Sverige Holding AB
January 22, 2019
Nordic Camping & Resort BidCo AB, indirectly majority owned by private equity firm Norvestor VII L.P., has signed an agreement to acquire First Camp Sverige Holding AB, an operator of 14 camping sites in Sweden and Denmark. The deal creates a new Nordic camping-site group with 40 destinations, approaching SEK 400 million in revenues, roughly 700 employees and about 2.5 million guest nights annually.
- Buyers
- Nordic Camping & Resort BidCo AB, Norvestor VII L.P.
- Targets
- First Camp Sverige Holding AB
- Platforms
- Nordic Camping & Resort BidCo AB
- Industry
- Restaurants & Hospitality
- Location
- Sweden
- Transaction Type
- Addon
Explore More
Related Acquisitions
-
Norvestor Acquires Majority Stake in CIC Hospitality AS
December 13, 2021
Restaurants & Hospitality
Norvestor VIII has signed an agreement to acquire a majority of the shares in CIC Hospitality AS, a Nordic provider of affordable, high-quality accommodation. The investment will support CIC’s growth and geographic expansion across the Nordics while retaining management, key employees and board members as shareholders.
-
Norvestor Acquires Majority Stake in Xllnc Nordic AB
February 5, 2019
IT Services
Norvestor VII L.P., managed by Norvestor Equity AS, has acquired a ~55% majority stake in Xllnc Nordic AB, a Växjö-headquartered provider of IT lifecycle management and device-as-a-service solutions. Management and employees retain the remaining shares; Xllnc has ~200 employees and reported c. SEK 1,300 million in revenue in 2018 as Norvestor supports the company's Nordic growth and service development.
-
Norvestor Acquires Majority Stake in Wint Group AB
October 25, 2024
Accounting & Tax
Norvestor IX has signed an agreement to acquire a majority of the shares in Wint Group AB, a Gothenburg-based provider of automated cloud accounting and payroll software for micro and small businesses. Wint generates over SEK 140 million in ARR, serves ~4,500 customers, employs about 100 people, and Norvestor will become the company's largest shareholder following the transaction (expected to close Q4 2024).
-
Norvestor Acquires Serwent Holding AS
June 10, 2024
Industrial Services
Norvestor IX has signed an agreement to acquire Serwent Holding AS, a market-leading underground infrastructure maintenance specialist headquartered in Oslo, Norway. The private equity firm will become Serwent’s largest shareholder alongside management and key employees; the deal is expected to close in Q3 2024 and supports Norvestor’s plan to consolidate and expand Serwent’s presence across Northern Europe.
-
Norvestor Acquires Majority Stake in BST Group from IK Partners
November 8, 2021
Industrial Services
Norvestor VIII has agreed to acquire a majority stake in BST Group Nordic AB from IK Partners' Small Cap II Fund; financial terms were not disclosed. BST, a Stockholm-based full-service active fire protection provider with ~430 employees and pro forma revenues of about SEK 900 million, will see Norvestor become the largest shareholder while management and key employees remain invested.
-
Norvestor Acquires Majority Stake in Globeteam A/S
June 15, 2021
IT Services
Norvestor VIII has agreed to acquire a majority (approximately 55%) of the shares in Globeteam A/S, a Danish IT services and consultancy firm. Norvestor will partner with co-investor Kirk Kapital while Globeteam's management reinvests and retains a stake; the deal is pending Danish competition approval and aims to support expansion in Denmark and across the Nordics.
Track M&A activity that matters to you
Get real-time deal alerts, build buyer lists with AI, and access our full acquisition database. Start your free trial today.