Lindahl has advised EQT and Recover Nordic in the acquisition of MISAB Gruppen. The acquisition strengthens Recover’s presence within damage control services in Mälardalen in Sweden.
MISAB Gruppen was established in 1992, is divided into eight companies and has a yearly turnover of approximately MSEK 150. MISAB has offices on three different locations in Sweden.
Recover Nordic is a Nordic market leader in property remediation and environmental services, primarily serving insurance companies, municipalities, industrial- and commercial clients. Following the separation of Recover Nordic into a stand-alone business six years ago the company has experienced a strong organic growth and completed 19 add-on acquisitions. Recover Nordic is headquartered in Oslo, Norway, with more than 90 branches and 2,100 employees across Norway, Sweden, Denmark and Finland.
EQT is the owner of Recover Nordic Group. EQT is one of Europe’s leading private equity companies with a 25-year history of investing in, owning and developing companies. EQT has currently 19 active funds which has invested in 140 companies across the world, with over 158,000 employees.
Lindahl’s team consisted of responsible partner Henrik Nobel and the associates Nicklas Bexelius, Gustav Ahlgren, Edvard Gustafsson, Lisa Liljeqvist and Ola Svanberg.