Norvestor to acquire BST Group Nordic from IK Partners.

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.