Announced

Compass to acquire 4Service from Norvestor.

Synopsis

Compass, a holding company, agreed to acquire 4Service, a provider of food and facilities management services, from Norvestor, a private equity firm. Financial terms were not disclosed. “Working together with Tor and the management team has been a privilege and a fantastic journey, and we are very happy with their achievements during our time together. 4Service has grown rapidly and at the same time consistently delivered strong results. In this new setting, 4Service will have the opportunity to benefit from being part of one of the world’s leading providers of food services while still maintaining their customer centric, local approach. We wish them all the best in the next phase," Fredrik Korterud, Norvestor Partner.

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