Lindahl has advised EQT-backed Recover in the acquisition of Skadesanering i Stockholm AB. The acquisition strengthens Recover’s presence within damage control services in the Stockholm area.
Recover 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 into a stand-alone business six years ago the company has experienced a strong organic growth and completed over 20 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, Mikael Nagy, Edvard Gustafsson and Lisa Liljeqvist.