At PCA and Steinvender we are now


We are an independent Nordic Corporate Finance advisor with over 20 years of on-the-ground presence and advisory experience in each of our markets.

When you have complex strategic decisions to make -

we give you valuable advice. 


Get in touch

In numbers

Professionals at your service
Years of combined experience
Transactions advised
Equity-based incentives designed
International partner offices

What we do

When it’s time for your company to grow, change, and when there are tough decisions to make, we will help you. 
Our services cover all the phases of your business cycle and business development. 
With us, you’ll never walk alone.


Adviser to
on the design of long-term incentive plans
We advised Amer Sports on designing several long-term incentive plans for its key employees. Amer Sports is a sporting goods company with brands including Salomon, Arc'teryx, Peak Performance, Atomic, Suunto, Wilson, Precor, Armada, ENVE Composites, Louisville Slugger, DeMarini and Sports Tracker.
Advisor to Kistefos/NexGenTel in the merger between
and Proximo Norge
Nordhaven acted as exclusive financial advisor to Kistefos/NexGenTel in the merger between Proximo Norge AS and Bitpro AS

IT management services firm Bitpro AS to merge with the TMT player Proximo Norge AS. The transaction is the first step in the strategy to build a leading supplier of cloud-based IT communication and security solutions.

Total revenue 2019 of the two companies will amount to MNOK 260 with profitable margins. Kistefos will maintain as majority owner with an 84.8% stake. Shareholders of Bitpro will reinvest large parts of their proceeds and majority seller Trond Bjorvand will enter as new CEO of merged entity January 2020.

«Proximo and Bitpro will continue building on our extensive growth potential after the merger, in addition to realizing synergies between the two. Our continuous efforts in helping client implementing and utilizing modern cloud solutions as part of their daily business processes will be a key focus going forward» says Trond Bjorvand.

About Proximo
B2B vendor of broadband, datacom and telephony.
11 000 customers served by 40 employees located in Bergen and Oslo. Subsidiary of NextGenTel owned by Kistefos.

About Bitpro
National supplier of B2B cloud-based IT management services located in Kristiansand. Among others the first supplier in Norway of Private Cloud solutions from inhouse data centers in 2008. 150 clients served by 20 skilled employees.
Adviser to
and Sentica Partners on the sale to Celsius Holdings
Nordhaven Corporate Finance advised Func Food Group Oyj and its owners, Sentica Partners and private shareholders, on the sale of company to US-listed Celsius Holdings Inc.

Func Food is a Nordic wellness company. Func Food represents a comprehensive portfolio of well-being products which promote active and, healthy
lifestyles by investing in high-quality ingredients and best-in-class food and beverage expertise. The company markets and distributes beverages, protein bars, supplements and superfoods under the brands Celsius®, FAST Sports Nutrition, CocoVi, and FitFarm.

Celsius Holdings, Inc. (Nasdaq: CELH), is a global company with a proprietary, clinically proven formula for its CELSIUS® brand and all its sub-brands. A lifestyle fitness drink and a pioneer in the rapidly growing performance energy sector, CELSIUS has four beverage lines that each offer proprietary, functional, healthy-energy formulas clinically-proven to offer significant health benefits to its users.
Adviser to Viking Venture on the sale of
to Volpi Capital
Nordhaven Corporate Finance acted as exclusive financial adviser to Viking Venture in the sale of Asolvi to Volpi Capital. Asolvi is a European leader in field service management solutions, and Volpi Capital is a specialist European mid-market investor.

The investment will enable Asolvi to continue its expansion across Europe, with the company already having acquired five companies (Tesseract, WS Software, Purpose Software, Vantage Computing, and PC Data) since 2016. The Group is now poised for further growth outside of its core Nordic market
and well capitalized to expand organically and through acquisitions across Benelux, Germany and the UK.

Asolvi is a leading provider of service management software for small and medium-sized enterprises (SMEs) in the field service industry in Europe, employing more than 100 staff in ten offices across Europe. The company was founded in 1991 as Evatic AS in Trondheim, Norway, and has grown organically and through recent acquisitions to reach 1,500+ customers in 30+ countries. It is headquartered in Trondheim, Norway, and is a private company owned by the founders, management, Viking Venture and Volpi Capital.

Volpi Capital is a specialist European lower mid-market private equity firm. Volpi has a thesis-driven approach targeting ambitious businesses using enabling technologies to disrupt traditional B2B value chains. Volpi typically invests €25-75 million of equity in businesses with enterprise values between €50 million and €200 million and seeks to drive transformative growth through international expansion and consolidation. The firm, which was founded in 2016 by Crevan O’Grady and Marco Sodi, closed its first fund (Volpi Capital Fund I) in April 2018 with commitments of €185 million.

Asolvi CEO Pål M. Rødseth comments, “We are very excited to have Volpi Capital on board, with their investment enabling us to focus on expansion and further acquisitions, particularly across the UK, Germany, and Benelux regions. The market remains very fragmented with a number of niche players, but thanks to this investment we are in a prime position to bring some much-needed consolidation and become the leading provider of field service management systems for SMEs in Europe.”

Commenting on the transaction, Marco Sodi from Volpi Capital, said: “We are delighted to have the opportunity to work with Asolvi as they consolidate their market-leading position across Europe. The business perfectly aligns to our investment thesis of backing businesses harnessing technologies to improve productivity and efficiency within B2B value chains. Having already expanded successfully into multiple geographies, we see great potential to further internationalize Asolvi into Benelux, Germany and the UK, and look forward to supporting management to strengthen the business’ geographic footprint.”

Partner in Viking Venture and Chairman at Asolvi, Jostein Vik comments: “As the leading Nordic software investor, we at Viking Venture have backed
Asolvi´s growth through acquisitions in the Nordics and UK. Together with Volpi Capital we will continue to support the company consolidating a
fragmented software segment in Europe.”
Adviser to
and its owners on the sale to ARI-Armaturen
Nordhaven Corporate Finance advised valve manufacturer Högfors and its owners in the sale of the company to ARI-Armaturen Group, a mid-sized German valve manufacturing company. Högfors, established in 1927, is a Finnish manufacturer of high-quality valves for district heating, district cooling and process industries.
It was a pleasure to work with Nordhaven. With their help, we were able to find the best new owner for Högfors, who can support the company’s growth strategy and strengthen its international operations. We are extremely pleased with the outcome and on the way Nordhaven guided us through the process” says Pekka Karhumäki, Chairman of the Board at Högfors.
Adviser to the shareholders of
on the sale to NYSE listed DXC Technology
Nordhaven Corporate Finance acted as exclusive financial advisor to the shareholders of Syscom in the sale to DXC Technology, a Fortune 500 company.

Syscom is an independent provider of service management and security operations solutions and consulting. DXC Technology is an American multinational provider of B2B IT services with an enterprise value of NOK 150 billions. DXC Technology was founded in 2017 as the result of the spin-off of Hewlett Packard and its merger with Computer Sciences Corporation (CSC).

“We have grown Syscom with strategic and dedicated focus on driving customer innovation through service management and security operations skills, management consulting capabilities, talent development and automation,” said Pål Nome, CEO, Syscom. “In joining DXC Technology, our focus and foundation becomes even stronger, while getting global presence and profound product development and innovation. We believe that we have provided the best possible future for both our customers and employees.”

“The acquisition of Syscom greatly enhances DXC’s capabilities within service management and security operations in Norway,” said Joergen Jakobsen, vice president, Northern Europe, DXC Technology. “The addition represents another significant investment for DXC in the Nordics. In Syscom, DXC gains a strong, skilled workforce and a solid customer base – which will further extend DXC’s position as a leading IT-service provider in the Nordics.”

About Syscom:
Syscom is an independent provider of service management and security operations solutions and consulting. Through Syscom’s professional services practice they have driven customer innovation, workflow automation in a secure manner for Norway’s enterprise market for both the private and public sector. Syscom’s strategical technology partners are; ServiceNow, Splunk, BMC and Symantec.

About DXC Technology:
DXC Technology, the world’s leading independent, end-to-end IT services company, manages and modernizes mission-critical systems, integrating them with new digital solutions to produce better business outcomes. The company’s global reach and talent, innovation platforms, technology independence and extensive partner network enable more than 6,000 private- and public-sector clients in 70 countries to thrive on change.

Adviser to Confirma Software, backed by Abry Partners
on the aquisition of Compilo AS
Nordhaven acted as exclusive financial advisor to Confirma Software, backed by Abry Partners, in the acquisition of Compilo AS

Confirma Software is pleased to announce the acquisition of Compilo AS, their fourth transaction in the Nordic enterprise software market.

“The acquisition of Compilo significantly strengthens our presence in the public sector vertical. With this acquisition, we now serve more than 330 Nordic municipalities with critical management systems. We look forward to supporting the Compilo management team in expanding their presence across the Nordic market, and to introduce our existing public sector solutions to the Compilo customers”, says CEO Jarle Mørk of Confirma Software.

With the acquisition of Compilo, Confirma Software will have 2019 revenue of more than 18 MEUR and 132 employees.

Compilo AS is a provider of quality management solutions for the municipal sector. The systems support the implementation and review of required procedures and processes in operating a municipality. In using Compilo´s solutions, the municipalities are compliant with laws and regulations. The systems are currently supporting the operation of more than 220 municipalities.

Confirma Software is a provider of vertical enterprise software solutions across the Nordics. The subsidiaries continue independent operations under current management. Confirma Software will drive value generation through sharing of best practices and resources across the target companies. The company is headquartered in Stockholm. The majority investor in Confirma Software is Abry Partners.

Abry Partners is one of the most experienced and successful sector-focused private equity investment firms in North America. Since their founding in 1989, the firm has completed over $80 billion of leveraged transactions and other private equity or preferred equity placements. Currently, the firm manages over $5.0 billion of capital across their active funds.
Adviser to
on the sale to Equip Capital
Nordhaven Corporate Finance acted as exclusive financial advisor to Parc Invest AS and its shareholders in the sale to Equip Capital
Parc Invest AS is the largest operator of indoor trampoline parks in Norway. Since establishment in 2016, the Company has opened five “Rush” parks in Norway’s largest cities; Oslo, Bergen, Stavanger, Trondheim and Drammen. The company will open two additional parks in Hamar and Haugesund during the next 12 months.
A majority of visitors are between 6-14 years old and the parks are popular venues for birthday parties and other social events.
With backing from Equip Capital, Parc Invest will accelerate its organic expansion, both domestically and abroad.
The founders of Parc Invest, Petter Haagaas and Otto Vinje, will continue in their current roles in Parc Invest, in addition to remaining significant shareholders in the company.
“We are very excited to have Equip Capital as a new majority shareholder in Parc Invest. The Equip team has an unparalleled track-record within the Nordic retail / FMCG sector. We are confident that Equips capabilities and financial resources will enable Parc Invest to solidify and build on its #1 position in Norway and open the door for geographic expansion.” Petter Haagaas, Founder and CEO of Parc Invest
Co-Founder and Chief Development Officer of Parc Invest, Otto Vinje, adds: “Parc Invest lends its success to a targeted roll-out of a well-proven concept. Opening new Rush Parks in Norway’s largest cities will continue at an even faster pace with the support of Equip.”


International Network

At Nordhaven, we have been the exclusive Nordic partner of Clairfield International since 2012, and we have partners in over 20 countries.

Clairfield network
  • Helsinki
  • Eteläranta 12
  • +35 8 207 613 910
  • Oslo
  • Hieronymus Heyerdahls gate 1
  • +47 901 07 708
  • Stockholm
  • Birger Jarlsgatan 14
  • +46 72 318 48 50
Contact LinkedinPrivacy Policy
Website by Almedialt