Norvestor Acquires Majority Stake in Colmec Holding AB

Norvestor Acquires Majority Stake in PHM Group

March 11, 2020

Professional Services

Norvestor has signed an agreement to acquire a majority of the shares in PHM Holding Oy (PHM), a Finland-headquartered residential and commercial property maintenance services provider. The transaction backs PHM's Nordic expansion and consolidation strategy alongside existing owner Intera Fund III Ky and management, with PHM reporting ~€120m revenue and ~1,200 employees.

Norvestor Acquires Majority Stake in Pearl Group

December 28, 2020

IT Services

A fund advised by Norvestor Advisory AS has agreed to acquire a c.52% majority stake in Pearl Group, a Nordic IT solutions and ERP partner headquartered in Lysaker, Norway. The investment provides Pearl with expansion capital to grow organically and via M&A while the existing management and key employees retain a significant minority stake and reinvest proceeds.

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 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 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 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.