NetNordic Group Acquires Bolero AB
August 11, 2020
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.
- Buyers
- NetNordic Group, Norvestor
- Targets
- Bolero AB
- Sellers
- Management shareholders of Bolero (including CEO Erland Fristedt)
- Platforms
- NetNordic Group
- Industry
- IT Services
- Location
- Stockholm County, Sweden
- Transaction Type
- Addon
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