Transactions

PenSam Pension agreed to divest its subsidiary PenSam Forsikring, a Danish P&C insurance provider, to Gjensidige Forsikring, a leading Nordic insurance group.

Sikri Group ASA, and its fully owned subsidiary Metria AB, divested Metria AB’s Planning and Surveying (P&S) business area in Sweden to Sweco Sverige AB.

Sonat, a Norwegian IT services group, sold a majority stake to VIA Equity.

Sonat, a Norwegian IT services group, sold a majority stake to VIA equity.

Nortrafo, a Norwegian producer of distribution transformers, sold a majority stake to Stedi, a fund backed by Salvesen & Thams (S&T).

Fram Insurance Brokers, the largest independent marine insurance broker in Norway, sold a majority stake to Söderberg & Partners, a leading provider of wealth management and corporate insurance services in the Nordic region and the Netherlands.

Neptune Software, a leading low-code software platform, was sold to Triton, a UK-based private-equity fund.

Convert Group, a digital marketing agency, was sold to Pearl Group.

Sogelink, a leading French provider of software solutions for infrastructure, construction, and property management, acquired Focus Software, a Norwegian software house dedicated to building information modeling (BIM).

The Pure Water Company, a provider of water purifying systems to a wide range of customers from start‐ups to large enterprises to restaurants and hotels in Norway, Denmark, Sweden and UK, was acquired by Waterlogic (backed by Castik Capital).

Dunning, Kruger & Associates, a Finnish digital product design and engineering agency, was sold to The North Alliance, a Scandinavian design and technology agency network.

1881 Group, Norway’s leading provider of personal and corporate information, acquired Tjenestetorget, a price comparison portal, from ABBH.

The Palmesus festival – Scandinavia’s biggest beach party – was acquired by Superstruct Entertainment, a live entertainment consortium. Simultaneously, Nakatomi Enterprises, the owners of Palmesus AS, reinvested a significant amount into Superstruct Entertainment.

Ryde Technology Group, a Norwegian e‐scooter operator, was sold to Equip Capital, a Norwegian private equity company.

Techstep ASA, a publicly-listed IT services provider in the Nordics, acquired the entire share capital of Famoc S.A. and affiliates, a software company based in Poland with a European customer base.

One of the leading players in the tire industry in Norway, RAC Tyres, consisting of Dekk1 and Gummi Centralen, was acquired by Nordic Tyre Group AB (NTG) / Altor.

Minimeis AS, the company behind the critically acclaimed and award-winning child shoulder-carrier MinimeisTM, received growth capital from Skarbua AS.

Xplora Mobile AS, an exclusive distributor of Xplora products and services formerly known as Pepcall AS, was sold to Xplora Technologies, whose products include smartwatches for kids and other products designed to give children safe onboarding to digital life.

Helsetelefonen, a leading Norwegian telehealth provider, was sold to Volvat.

Motimate, an employee engagement and learning app provider, was sold to Kahoot, a global learning platform.