Norvestor acquires NetNordic
CLP has acted as legal advisor for Agder Energi Venture AS and the other sellers in the sale of shares in NetNordic Holding AS to Norvestor VII, L.P., a fund managed by Norvestor Equity AS. Following completion of the transaction, Norvestor will hold the majority stake in NetNordic, while management and employees will continue as shareholders. CLP first advised Agder Energi Venture in its initial venture investment in NetNordic in 2007. Since then CLP has assisted the company on numerous acquisitions and strategic agreements, and we are proud to have followed the NetNordic group’s impressive growth into becoming one of the largest Nordic solution integrators. The exiting growth opportunities ahead is underpinned by Norvestor now taking over at the helm.
The CLP core team includes Anne Lise Gryte and Lars Gunnar Aas.