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New Deal


Announced

Novedo to acquire Nordsign.

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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Acquisition

Friendly

Consumer Services: Other

Sweden

Single Bidder

commercial services

Domestic

Majority

Private

Pending

Synopsis

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Novedo, a group of companies that acquires and develops companies led by entrepreneurs, agreed to acquire Nordsign, a product- and installation company that delivers tailormade and complete solutions in commercial signs. Financial terms were not disclosed. ”It is going to be fun and inspiring to be a part of the Novedo Group. Together we will develop Nordsign and take it to the next stage. It feels good to be able to further build the company our way, but with the help and strategic support from Novedo. My co-workers are doing an excellent job everyday," Erik Asp, Nordsign CEO.

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