Norvestor VII, L.P. and Norvestor VII OS, L.P (together “Norvestor VII”) announced today the successful closing of the divestment of a portfolio of four Norvestor VII assets (together “the Portfolio Companies”) to a newly formed fund vehicle (“SPV II” or “Norvestor SPV II”), Norvestor’s second continuation fund. This transaction will allow Norvestor, alongside the Portfolio Companies’ management teams, to continue to support the businesses over their next ownership cycle, while providing optionality to existing Norvestor VII investors.
Target – United Camping Holding AB, Veni Energy Group Holding AB, SPERRE COMPRESSORS AS, NETNORDIC GROUP AS
Buyer – NORVESTOR ADVISORY AS SPV II
Seller – NORVESTOR ADVISORY AS VII