BHG Group Acquires Nordic Nest from Nordstjernan

NetNordic Group Acquires Bolero AB

August 11, 2020

IT Services

NetNordic Group, majority owned by Norvestor, has acquired Bolero AB, a Swedish provider of cloud, cybersecurity, analytics, network and data centre services. The add-on deal expands NetNordic's competence and capacity in Sweden; Bolero (80 employees, SEK 270 million revenue last fiscal year) will have its management shareholders reinvesting and continue to operate within the NetNordic platform.

North Castle Partners Acquires Majority Stake in NEST New York from Eurazeo

November 7, 2022

Consumer Products

An investor group led by North Castle Partners will purchase a majority ownership position in NEST New York from Eurazeo in a transaction that values NEST at approximately $200 million. Eurazeo and founder Laura Slatkin will retain minority stakes; the deal is expected to close at the end of November. North Castle plans to partner with management to scale the fragrance lifestyle brand across categories and geographies.

Nordstjernan Sells Nordstjernan Growth AB to Buyers Led by Caspar Callerström and Thomas von Koch

March 13, 2025

Financial Services

Nordstjernan has sold its Nordstjernan Growth AB unit to a company co-owned by Caspar Callerström and Thomas von Koch. The divestiture transfers a five-company growth portfolio (Mentimeter, Roaring, Insurello, Zimpler and Oden Technologies) to the new owners so Nordstjernan can focus on larger investments.

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.

Bergs Timber Acquires Hedlunda Holding AB

June 29, 2023

Manufacturing

Bergs Timber AB has acquired all shares in Hedlunda Holding AB, a manufacturer of wooden furniture and components with production sites in Lycksele, Sweden and Skoczów, Poland. The acquisition (purchase price ~SEK 140 million for the shares; total purchase price SEK 225 million on a cash- and debt-free basis) expands Bergs's wood-processing capabilities and creates a new Furniture & Components product area; Hedlunda reported ~SEK 620 million in trailing twelve-month sales and employs about 400 people.

Saks Global (HBC) Acquires Neiman Marcus Group for ~$2.65 Billion

July 4, 2024

Retail

Hudson's Bay Company (HBC) — through its newly created Saks Global business — has agreed to acquire Neiman Marcus Group (NMG) to form a multi-brand luxury retail and real estate platform. The combined company will pair iconic retail brands (Neiman Marcus, Bergdorf Goodman, Saks Fifth Avenue and Saks OFF 5TH) with technology, first-party data and strategic investors (including Amazon, Rhône Capital, Insight Partners and Salesforce) to drive personalized omnichannel experiences and unlock real estate value.