Norvestor VIII Acquires Majority Stake in Upheads AS
March 10, 2022
Norvestor VIII SCSp has signed an agreement to acquire a majority of the shares in Upheads AS, a Stavanger‑headquartered full‑service IT provider for SMEs in Norway. Norvestor will become the largest shareholder alongside the founder, management and key employees, with the partnership intended to accelerate growth, expand services (including IT security and cloud offerings) and scale the business; the transaction is expected to close in April 2022.
- Buyers
- Norvestor VIII SCSp
- Targets
- Upheads AS
- Industry
- IT Services
- Location
- Norway
- Transaction Type
- Buyout
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