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New Deal


Announced

Norvestor to acquire BST Group Nordic from IK Partners.

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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Security Services

Pending

Acquisition

Private

Single Bidder

Sweden

Private Equity

Majority

fire protection services

Friendly

Cross Border

Synopsis

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Norvestor, a private equity firm, agreed to acquire BST Group Nordic, a full-service provider of active fire protection services, from IK Partners, a European private equity firm. Financial terms were not disclosed. "We look forward to working towards our goal of establishing a Nordic leader within active fire protection. In addition to continuing our organic growth journey, consolidation of the Nordic market will remain key to our strategy. I am delighted to see Norvestor joining us as a partner for continued growth. Norvestor adds valuable experience from their extensive experience of building Nordic business service champions, which aligns well with our ambitions for BST," Peter Bühler, BST CEO.

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