Rantalainen Group Acquires Norway-based Value Group

Norvestor Acquires Majority Stake in Rantalainen Group Oy

January 23, 2023

Accounting & Tax

Norvestor VIII SCSp has signed an agreement to acquire a majority of the shares in Rantalainen Group Oy, Finland’s largest provider of outsourced accounting and payroll services. Rantalainen, headquartered in Hyvinkää, serves about 20,000 SMEs, employs ~1,200 people across 60 locations and generated over EUR 100 million in 2022; Norvestor will become the largest shareholder following the acquisition from Intera Fund III Ky and Oona Capital and aims to pursue a Nordic buy-and-build strategy.

Rantalainen Group Acquires Klara Consulting in Sweden

September 1, 2023

Accounting & Tax

Rantalainen Group, majority-owned by funds managed by Norvestor, has acquired Klara Consulting Holding AB, a leading Swedish accounting, payroll and HR services provider. The add-on deal — Rantalainen's largest to date — closed on 1 September 2023, increases Rantalainen's presence in Sweden, and leaves Ceder Capital and certain key employees as minority shareholders.

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 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.

Renta Group Acquires Gustafssons Uthyrning AB

September 28, 2023

Industrial Services

Renta Group Oy has agreed to acquire Gustafssons Uthyrning AB, a Swedish general equipment rental company with three depots in Oskarshamn, Västervik and Vimmerby. Gustafssons, which has 19 employees and annual revenues of approximately SEK 45 million, will continue local operations while benefiting from Renta's broader product range and digital solutions to strengthen Renta's presence in eastern Sweden.

Renta Group Acquires Näs Rondellen AB

February 26, 2024

Construction

Renta Group Oy has agreed to acquire Näs Rondellen AB, a Swedish general rental company with four depots serving the greater Gothenburg area. The acquisition strengthens Renta's geographic presence around Gothenburg and adds traffic safety capabilities; Rondellen has over 45 employees and annual revenues above SEK 130 million.