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Announced

22 Jan 2020

Completed

22 Jan 2020

Norva24 completed the acquisition of LGT: s högtryck.

Synopsis

Norva24, a provider of industrial services in the pipe inspection, treatment, and control industry, completed the acquisition of LGT: s högtryck, a firm that delivers services in the maintenance of water and sewage systems for property owners, property managers and tenant-owner associations. Financial terms were not disclosed.

Principals

target

Lgt:s Hogtryck

bidder

Norva 24

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Market Context

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Seller Team (1)

david tillgren

CEO at LGT:S HOGTRYCK

Manager

target

Deal

n/a

Total Value

Bidder Team (5)

stein yndestad

CFO at NORVA 24

Manager

bidder

Deals

£ 538 M

Total Value

henrik damgaard

CEO at NORVA 24

Manager

bidder

Deals

£ 13 M

Total Value

vidar meum

Chairman at NORVA 24

Manager

bidder

Deal

n/a

Total Value

per forsberg

Founder and CEO at VALEDO PARTNERS

Investor

bidder

Deals

£ 35 M

Total Value

nils forsberg

Founder and CEO at VALEDO PARTNERS

Investor

bidder

Deals

n/a

Total Value

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