Viaplay Group Acquires Remaining 50% Stake in Allente Group

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.

Telia Acquires Telness MVNO From Nordic Communications Group AB

April 8, 2026

Telecommunications

Telia has agreed to acquire Telness, a Swedish mobile virtual network operator (MVNO), from Nordic Communications Group AB. Telia plans to become the first mobile network operator (MNO) to deploy Telness Tech’s Seamless OS platform, with Telness continuing to operate under its existing brand as part of Telia’s Swedish B2B business.

Altor Fund VI Acquires Eltera Gruppen AS from Valedo Partners

March 26, 2026

Industrial Services

Valedo Partners III AB divested Eltera Gruppen AS (an electrical installation services group in Norway) to Altor Fund VI. During Valedo’s ownership, Eltera grew to become Norway’s largest independent electrical installation services company with more than 1,000 employees and 30+ operating units. The transaction is subject to approval by the Norwegian Competition Authority and terms were not disclosed.

HitecVision Acquires 50% Stake in Altibox Carrier from Lyse

July 8, 2025

Telecommunications

HitecVision has acquired a 50% ownership stake in Altibox Carrier, a subsidiary carved out from Lyse, to create an independent Nordic platform for high-capacity fiber infrastructure serving data centers and cloud providers. The joint venture will remain headquartered in Stavanger and will focus on developing existing subsea and terrestrial routes, building new strategic routes, and pursuing acquisitions of smaller Nordic fiber operators to meet rising data-traffic demand.

Rantalainen Group Acquires Norway-based Value Group

October 30, 2024

Accounting & Tax

Rantalainen Group (majority-owned by Norvestor) has agreed to acquire Value Group, a fast-growing Norwegian accounting, payroll and HR services provider that generates NOK 200 million in revenue and employs about 180 professionals. The add-on deal — expected to close in Q4 2024 — furthers Rantalainen's Nordic expansion and strengthens its capabilities for consolidation across the region.

SDC Capital Partners Acquires 48% Stake in ALLO Communications

October 15, 2020

Telecommunications

Funds managed by SDC Capital Partners have acquired a 48% interest in ALLO Communications, with Nelnet retaining a 45% stake and ALLO management holding 7%. The investment provides capital and new third‑party debt financing to support ALLO's expansion of its all‑fiber network across additional Midwestern communities.