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Sortera

Investment date: May 2012

Industry: Business Services

Fund: Fund VI

Exit Date: April 2016

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As a Norvestor company, Stockholm-based Sortera grew to become a leading waste collection provider. At the time of Norvestor’s 2012 investment in Sortera, the business offered a strong entry point into the fast-growing builder bag niche amidst a positive outlook for the Nordic building and renovation market. Under Norvstor ownership the company completed a series of expansion initiatives and made investments in facilities, services and sales capabilities. The company expanded within Sweden and entered the Norwegian market. Norvestor exited Sortera in April 2016.