Nordomatic offers BMS solutions for new projects, retrofits, upgrades and services including cloud-based smart systems. The company has experienced substantial growth in recent years and in 2019 generated pro-forma revenues about SEK 880m (EUR 85m). Nordomatic was founded in 1967 and is headquartered in Stockholm with more than 400 full-time employees at 20 locations in Sweden, Denmark and Norway.
Nordomatic’s services and products actively contribute to reducing energy consumption and improving indoor climate for property owners. As a leader in Impact Private Equity, Trill Impact will endeavour to support Nordomatic’s continued expansion and accelerate the company’s already strong impact footprint.
“We believe Nordomatic offers an ideal platform to pursue our impact and commercial ambitions, which we fundamentally see as being closely interlinked. Management has done a great job in creating a Nordic champion in an industry which we think will experience strong growth going forward.” commented Samir Kamal, Partner at Trill Impact.
"I welcome Trill Impact as the new majority owner of Nordomatic. Together, we will further develop the business and strengthen our international competitiveness. Realizing and measuring energy efficiency and other sustainability goals in close collaboration with our customers feels value-creating, meaningful and modern. We strive to become an ‘impact leader’”, stated Olov Schagerlund, CEO of Nordomatic.
The parties have agreed not to disclose the financial terms of the transaction.
1. Sustainable Development Goals: www.un.org/sustainabledevelopment/sustainable-development-goals/
2. Data from European Commission 2030 Climate & Energy Framework
This material has been prepared for informational purposes only. All statements and opinions included herein are subject to change as economic and market conditions dictate. There can be no assurance that any views, outlooks, or forward-looking statements will come to pass.