Norvestor invests in 4SERVICE


A fund managed by Norvestor Equity AS has invested in the soft facility management provider 4SERVICE.

4SERVICE Gruppen AS (“4SERVICE” or the “Company”) was founded in 2011 by a senior team of managers from the Norwegian facility management industry, and has developed into one of the fastest growing contract catering and facility management companies in Norway. The Company is headquartered at Lysaker, with operations across Norway.

The Company has established a market leading position within operation of large onshore camps used primarily by contractors on road and railroad construction projects. Additionally, 4SERVICE provide food and accommodation services and general canteen operation for large corporates in Norway. The Company has historically grown on average about 50% annually, and forecast revenues of approximately NOK 400 million in 2015. The growth rate in 2016 is expected to be in line with the historical average.

“We always put our customers first, and are proud of the position and reputation our 500 dedicated employees have managed to achieve in a short time. We view Norvestor as a strong and experienced partner in our continued growth journey, and welcome them on board as new majority owner. We are truly excited about what we can achieve together in this dynamic industry.” says Tor Rønhovde, CEO of 4SERVICE.

“We are deeply impressed with the position that 4SERVICE has established since the start in 2011 within particularly attractive niches of the facility management industry in Norway. The Company fits very well with Norvestor’s experience in backing rapidly growing service companies. We look forward to supporting Tor and his team in developing its unique positions within soft facility management services, and to further develop the service offering of 4SERVICE” says Fredrik Korterud, Partner at Norvestor Equity and chairman designate at 4SERVICE.

Following the acquisition, Norvestor will become the largest shareholder in 4SERVICE with 70% of the shares. The current owners will reinvest to hold the remaining shares. The transaction is expected to close end of January 2016, subject to customary closing conditions, including approval from the Norwegian Competition Authorities.

For further information:

Fredrik Korterud, Partner at Norvestor Equity

Telephone: +47 402 11 402


Tor Rønhovde, CEO 4SERVICE Telephone: +47 916 06 204


4SERVICE Gruppen AS was established in 2011. The Company offers soft facility management services in Norway with focus on food (canteen and catering operation) and support services. It has gradually developed solid market positions in three business areas: (i) food & support services, (ii) onshore camps and (iii) offshore rigs, with a particularly strong position within the attractive onshore camps segment which is forecasted to grow rapidly due to many large planned and ongoing infrastructure projects. The Company is headquartered at Lysaker, with operations across Norway. The Company expects 2015 revenues of approximately NOK 400 million. Read more at

Norvestor Equity AS is a leading private equity company focusing on lower mid market buyouts in the Nordic region. The team has worked together since 1991 making it one of the most experienced private equity teams in Norway, having executed 57 investments and participated in 239 add-on acquisitions and divestitures. Norvestor focuses on investment opportunities in growth companies, making platform investments principally in Norway and Sweden, with potential to achieve a leading Nordic or international position either through organic growth, through acquisitions or by expanding into new countries. Funds managed by Norvestor are currently invested in the following portfolio companies; Life Europe, Johnson Metall , Sentech, Apsis, Aptilo, Cegal, Marine Aluminium, Crayon, Sortera, ABAX, Robust, iSurvey, Future Production, Nomor, PG Group, Roadworks, Permascand and Phonero. Read more at