
Nord buys two companies, creates Norwegian healthcare group
Norwegian GP Nord Kapitalforvaltning has acquired healthcare specialists Privat Omsorg Nord and Opptreningssenteret i Finnmark.
The two companies will become part of Helsepartner Nord-Norge – a new healthcare group created by the GP – while operating as separate and independent units. The group will have a staff of 300 employees and provide services to 1,300 patients.
Nord Kapitalforvaltning managing partner Bjørn Hesthamar will be appointed chair of Helsepartner Nord-Norge, while Privat Omsorg Nord founder and manager Trude Wester will reinvest in the new group and become CEO. Svein Mjøen, founder of Opptreningssenteret i Finnmark, will sell all his shares and exit the business.
These acquisitions are part of the GP's buy-and-build strategy aimed at creating a pool of Norwegian companies specialising in the healthcare sector, with a focus on personal assistance, care, rehabilitation and corporate health services.
Company
Privat Omsorg Nord is based in Tromsø, while Opptreningssenteret i Finnmark is headquartered in Alta. The companies specialise in providing healthcare services, including rehabilitation, personal assistance and care for the disabled and elderly. The two companies are expected to reach a combined turnover of NOK 130m in 2018, according to local press reports.
People
Nord Kapitalforvaltning – Bjørn Hesthamar (managing partner).
Helsepartner Nord-Norge – Trude Wester (CEO).
Latest News
Stonehage Fleming raises USD 130m for largest fund to date, eyes 2024 programme
Multi-family office has seen strong appetite, with investor base growing since 2016 to more than 90 family offices, Meiping Yap told Unquote
Permira to take Ergomed private for GBP 703m
Sponsor deploys Permira VIII to ride new wave of take-privates; Blackstone commits GBP 200m in financing for UK-based CRO
Partners Group to release IMs for Civica sale in mid-September
Sponsor acquired the public software group in July 2017 via the same-year vintage Partners Group Global Value 2017
Change of mind: Sponsors take to de-listing their own assets
EQT and Cinven seen as bellweather for funds to reassess options for listed assets trading underwater