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Announced

Nordic Capital to acquire Sortera from Summa Equity.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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recycling solutions

Majority

Single Bidder

Cross Border

Friendly

Waste and Disposal Services

Private Equity

waste solutions

Private

Sweden

Pending

Acquisition

Synopsis

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Private equity firm Nordic Capital agreed to acquire Sortera, an environmental services provider of focused recycling and waste solutions in Sweden, from Summa Equity, a thematic investment firm. Financial terms were not disclosed. "During 2020 we further strengthened our market position and continued to invest in future growth. With our recent acquisition in Finland, we have taken the first step to replicating the success in new markets. I am proud of what we have accomplished and look forward to continuing the journey together with Nordic Capital and maintaining the best interests of our employees, customers, and suppliers," Sebastian Wessman, Sortera CEO.

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