Norvestor Acquires Majority Stake in Langer & Laumann

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 Colmec Holding AB

May 31, 2023

Trucking & Fleet

A fund advised by Norvestor Advisory has signed an agreement to acquire a majority stake in Colmec Holding AB, a leading provider of sustainable tire solutions for commercial vehicle fleets across the Nordics and Poland. The Eckerström family will remain a minority shareholder alongside management; Norvestor plans to accelerate growth organically and via acquisitions while driving digitalization and further investing in environmentally friendly offerings.

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.

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 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 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.