Tracked deals
36
36 tracked deals across 2019-2025.
Private Equity Firm
Financial Services
Norvestor
Oslo, Norway
Norvestor is a Nordic private equity firm focused on mid-market buyouts and growth investments. Its funds invest in Nordic growth companies, supporting organic expansion, add-on acquisitions, and geographic growth.
- Focus Areas
- Private equity, Nordic mid-market buyouts, Growth investments
- Website
- norvestor.com
Recent pace
0
0 tracked deals announced in the last 12 months.
Deal mix
Buyout
18 buyout · 14 addon · 3 divestiture
Norvestor Acquisition Volume by Year
Last 7 years
Supporting Data
Recent Transactions
Showing the 12 most recent of 36 tracked deals for Norvestor.
-
October 16, 2025
- Buyer
- Norvestor IX SCSp, Norvestor Advisory
- Target
- Norautron
- Seller
- Embron Group AS, Broch family (via Embron)
- Industry
- Industrial Services
- Location
- Norway
- Type
- Buyout
Norvestor IX SCSp has signed an agreement to acquire Norautron from Embron Group AS. Norautron, a full-service electronics manufacturing services (EMS) company headquartered in Horten, Norway, will be acquired with the Broch family (via Embron) continuing as a minority shareholder. The transaction is subject to regulatory approvals and is expected to close no later than January 2026.
-
July 15, 2025
- Buyer
- Norvestor SPV III SCSp, Norvestor IX SCSp, Carlyle AlpInvest, Ardian, HarbourVest Partners, Lexington Partners
- Target
- PHM Group Oy, Sperre Air Power AS
- Seller
- Norvestor VIII SCSp, Norvestor SPV II SCSp
- Industry
- Real Estate
- Location
- Uusimaa, Finland
- Type
- Divestiture
Norvestor created a continuation vehicle (Norvestor SPV III), supported by commitments from Norvestor IX and a syndicate of institutional investors, to acquire PHM Group Oy and Sperre Air Power AS from earlier Norvestor funds (Norvestor VIII and Norvestor SPV II). The transaction provides liquidity/options to existing investors while preserving follow-on capital and strategic support for the two companies’ growth and M&A agendas.
-
March 10, 2025
- Buyer
- MG Link AS, Norvestor VIII SCSp (Norvestor)
- Target
- PCS Modulsystem AB
- Industry
- Construction
- Location
- Sweden
- Type
- Addon
MG Link AS, majority-owned by Norvestor VIII, has agreed to acquire 100% of PCS Modulsystem AB, a Swedish provider of wood-based modular building solutions for schools, healthcare facilities and offices. The acquisition will form a new standalone group focused on modular construction for the Nordic market and is expected to close end of Q1 2025 / beginning of Q2 2025, subject to customary conditions.
-
March 3, 2025
- Buyer
- Norvestor IX SCSp (Norvestor)
- Target
- Neuver Maritime
- Seller
- Kongsberg Maritime (KONGSBERG)
- Industry
- Manufacturing
- Location
- Møre og Romsdal, Norway
- Type
- Divestiture
Norvestor IX has completed the acquisition of Kongsberg Maritime's steering gear and rudder business and established the new company Neuver Maritime. The carve-out, headquartered in Brattvåg, Norway with ~160 employees, positions Neuver as a dedicated lifecycle partner for maneuvering solutions with a focus on aftermarket, service and product expansion under Norvestor ownership.
-
October 30, 2024
- Buyer
- Rantalainen Group (RAN Group Oy), Norvestor (Norvestor VIII SCSp and Norvestor IX SCSp)
- Target
- Value Group
- Industry
- Accounting & Tax
- Location
- Norway
- Type
- Addon
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.
-
October 25, 2024
- Buyer
- Norvestor IX SCSp (Norvestor)
- Target
- Wint Group AB (Wint)
- Seller
- Neudi Kapital AB, Other existing shareholders
- Industry
- Accounting & Tax
- Location
- Västra Götaland County, Sweden
- Type
- Buyout
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).
-
July 3, 2024
- Buyer
- Norvestor IX SCSp (Norvestor)
- Target
- glueckkanja AG
- Seller
- PRIMEPULSE SE
- Industry
- IT Services
- Location
- Hesse, Germany
- Type
- Buyout
Norvestor IX has acquired a majority stake in glueckkanja AG from PRIMEPULSE SE. Glueckkanja, a Microsoft-focused cloud managed service provider headquartered in Offenbach, Germany, has ~180 employees and generated close to EUR 30 million in sales in 2023; Norvestor will be the largest shareholder alongside management and key employees and plans to accelerate geographic expansion across the Nordics and Europe.
-
June 10, 2024
- Buyer
- Norvestor IX SCSp (Norvestor)
- Target
- Serwent Holding AS
- Seller
- Recover Group, EQT (fund manager)
- Industry
- Industrial Services
- Location
- Norway
- Type
- Buyout
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.
-
September 22, 2023
- Buyer
- PHM Group, Norvestor
- Target
- Sefbo Holding AS
- Seller
- Valedo Partners (fund managed by Valedo Partners III AB), Employees and management of Sefbo
- Industry
- Real Estate
- Location
- Oslo, Norway
- Type
- Addon
PHM Group has agreed to acquire Sefbo Holding AS from a fund managed by Valedo Partners, subject to Norwegian Competition Authority approval. The deal is an add-on to PHM's Nordic platform (majority-owned by Norvestor) and expands PHM's footprint and service offering in Norway; Sefbo is headquartered in Oslo with ~560 employees and NOK 730 million in revenue.
-
September 1, 2023
- Buyer
- Rantalainen Group, Norvestor
- Target
- Klara Consulting Holding AB
- Seller
- Ceder Capital, Fifty key employees / certain key employees
- Industry
- Accounting & Tax
- Location
- Stockholm County, Sweden
- Type
- Addon
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.
-
June 19, 2023
- Buyer
- Nordic Capital, Norvestor (fund)
- Target
- Foxway
- Seller
- Norvestor VII, Other owners
- Industry
- IT Services
- Location
- Sweden
- Type
- Buyout
Nordic Capital has signed an agreement to acquire a majority share in Foxway from Norvestor VII and other owners, with completion expected in Q3 2023 subject to customary closing conditions. Nordic Capital will partner with Foxway management and alongside Norvestor to support continued growth, international expansion and Foxway’s focus on circular IT services; Foxway is a Sweden‑headquartered provider of device refurbishment, asset recovery and lifecycle services with over 1,000 employees and SEK ~7.6bn in revenue (2022).
-
June 15, 2023
- Buyer
- Norvestor (fund advised by Norvestor Advisory)
- Target
- Langer & Laumann
- Seller
- Odewald KMU, Company founders
- Industry
- Industrial Services
- Location
- North Rhine-Westphalia, Germany
- Type
- Buyout
A fund advised by Norvestor Advisory has acquired a majority stake in Langer & Laumann, a German provider of elevator door aftermarket repair kits and spare parts. Norvestor will become the largest shareholder (acquiring from Odewald KMU and the company founders) and plans to support international expansion and buy-and-build initiatives across the Nordics and other European markets; the deal closed on 15 June 2023.
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