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New Deal


Announced

Completed

Apave completed the acquisition of Trainor from EV Private 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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eLearning platform

Education Services

Cross Border

Private

Private Equity

Friendly

Norway

Acquisition

Majority

Completed

Single Bidder

Synopsis

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Apave, a specialist in risk management, completed the acquisition of Trainor, a Norwegian company specialising in professional training activities using cutting-edge digital techniques, from EV Private Equity, a Norwegian investor powering the decarbonisation of the energy sector. Financial terms were not disclosed. “We are incredibly excited about the potential that our integration into the Apave group will unlock for Trainor. Our integration into the group should enable us to develop faster and make Trainor even more competitive by leveraging the scale and resources of the Apave Group. Our complementary expertise should enable us both to broaden our portfolio of services and offer our customers more comprehensive and innovative service offerings. Apave has great respect for the business we have built and for our fantastic team, and we are confident that this decision and time is right for Trainor,” Stian Martinsen, Trainor Managing Director.

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