Segulah II, L.P. has sold NVS Installation AB to the European Private Equity investment firm Triton.
NVS is the leading HVAC-installer in Sweden and Norway with 80 offices and app. 2 200 employees. The company revenues 2005 were 2,650 MSEK.
Segulah acquired 61 % of NVS from NCC AB in January 2002, together with Skandia Investment KB 39 % (managed by Priveq).
“NVS is no doubt a stronger and better performing company today than when we acquired the company. With a strong management team NVS is well-positioned for the future. The NVS investment has been an excellent investment for Segulah II, L.P.” comments Sebastian Ehrnrooth, Partner at Segulah.
For further information, please contact:
Sebastian Ehrnrooth, Partner Segulah
Phone: +46 (0)8-442 89 52, mob. +46 (0)733-60 42 05,
e-mail: ehrnrooth@segulah.se
