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New Deal


Announced

Completed

Valedo Partners-backed Norva24 completed the acquisition of MAYER Kanalmanagement.

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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Pipelines

Friendly

Majority

Acquisition

Germany

Cross Border

Single Bidder

Private

infrastructure services

Completed

Private Equity

Synopsis

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Valedo Partners-backed Norva24, a provider of industrial services in the pipe inspection, treatment, and control industry, completed the acquisition of MAYER Kanalmanagement, an operator in the field of sewer technology and maintenance of underground infrastructure. Financial terms were not disclosed. “We are very pleased to welcome MAYER Kanalmanagement to Norva24. This is an important milestone in our vision to become the clear market leader in the maintenance of underground infrastructure in Europe. We intend to continue to strengthen our position through both acquisitions and organic grows," Henrik Damgaard, Norva24 CEO.

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