Norvestor Acquires Majority Stake in Smartvatten (Envera Ltd.)
February 26, 2021
A fund advised by Norvestor Advisory AS has agreed to acquire a ~60% majority stake in Envera Ltd., the company behind the Smartvatten water-monitoring solution. Smartvatten is a hardware-enabled SaaS provider for real-time water consumption monitoring across 7,000+ buildings in the Nordics and Benelux, headquartered in Espoo, Finland with ~40 employees; existing shareholders including Taaleri Circular Economy Fund and the founders will reinvest and retain the remaining equity.
- Buyers
- Norvestor Advisory AS (fund)
- Targets
- Envera Ltd. (Smartvatten)
- Sellers
- Existing shareholders (including Taaleri Circular Economy Fund, founders and employees)
- Industry
- Environmental Services
- Location
- Uusimaa, Finland
- Transaction Type
- Buyout
Explore More
Related Acquisitions
-
Telenor Acquires Enivest to Expand Fiber Broadband in Western Norway
June 12, 2026
Telecommunications
Telenor has agreed to acquire Enivest, a leading fiber operator in Western Norway, in a transaction valued at NOK 2.5 billion. The deal includes Enivest’s fiber network and about 28,000 customers, along with a 34% stake in Årdalsnett, and is expected to close in 2026 subject to Norwegian Competition Authority approval.
-
Ramboll Acquires Envidan from Waterland
January 7, 2026
IT Services
European private equity firm Waterland has agreed to sell its majority stake in Envidan to Ramboll. The deal follows Waterland’s five-year buy-and-build strategy that transformed Envidan from a Danish consulting engineering firm into a leading Nordic water specialist with advisory services and software solutions.
-
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 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.
-
Wind Point Partners Acquires Envera Systems
November 18, 2022
Professional Services
Chicago-based private equity firm Wind Point Partners has acquired Envera Systems, a Coconut Creek, Florida-headquartered provider of automated and software-enabled security, access control, visitor management and remote video monitoring solutions for homeowners associations and gated communities. Wind Point is partnering with Envera's existing management team, which will remain in place and retain a meaningful ownership stake, to scale the business geographically and expand its solutions and monitoring capabilities.
-
VertexOne Acquires WaterSmart Software
May 6, 2020
Cloud & SaaS
VertexOne, a portfolio company of DFW Capital, has acquired WaterSmart Software to expand its cloud-based customer engagement and analytics offerings for utilities. The deal broadens VertexOne’s SaaS platform across water, electric and gas markets and reinforces its position as a leading 100% SaaS provider to North American utilities.
Build a buyer list for your deal
Find active buyers from recent acquisition patterns and move straight into outreach.