Extract from M&A Insights

The below story was originally featured in our daily M&A Insights Newsletter. Selected stories, including this one, are posted to our website with some weeks of delay.
Province Equity Partners invests in Norway’s Øyafestivalen
August 10, 2018

The American private equity firm Province Equity Partners has acquired a majority stake in Øyafestivalen through its portfolio company Superstruct Entertainment. Øyafestivalen, one of the biggest festivals in Norway and will be the fourth added festival brand to Superstruct’s expanding roster of European events. The bottom line of the Øyafestivalen fell to NOK 1.90m in 2017, from NOK 2.81m the year before. The purchase price and exact stake size are currently unknown.

ⓘ This story was originally featured in our daily M&A Insights newsletter.
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