At a glance
Country
Luxembourg
Fund
TRITON II
Investment date
June 2006
Realised
December 2008
Sector
Business Services
Key events since Triton's investment
- Developed selection guidelines, introduced risk premiums for pricing certain projects and adjusted authorisation limits
- Embarked on a directional change to grow the Company’s service business
- Completed add-on acquisitions, expanding NVS’ geographical focus
- Introduced KPIs and benchmarking to drive change
A leading multi-discipline technical installation company based in the Nordic region
NVS was acquired by Triton Fund II in June 2006
NVS is a leading multi-discipline technical installation company based in the Nordic region. The company offers a broad range of services including heating and sanitation, service and maintenance, industrial services, fire protection and cooling and ventilation. NVS’s geographic footprint reflects its local customers who are spread across the Nordic region. The company’s strategy, focusing on smaller contracts, allowed NVS to run a low-risk, scalable business model and ensured greater revenue stability and visibility. Triton acquired NVS from the investment firm Segulah and Skandia.
Realisation:
Triton sold NVS to Imtech AG in December 2008.