PE-backed Fasadgruppen expands in Norway through the acquisition of DVS
September 23, 2020
Fasadgruppen, a highly acquisitive supplier of sustainable facade solutions and a portfolio firm of Connecting Capital, has acquired façade renovation company DVS Entreprenør based in Norway for an undisclosed price. The acquired company has approx. 70 FTEs and had sales of NOK 163m in 2019, with EBIT of NOK 16.8m. Moreover, it was reported two days ago that Fasadgruppen has mandated Carnegie for its IPO process. Tomas Stahl is investment responsible.
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