Eltera
Powering what comes next
Sectors
Business ServicesWebsite
elteragruppen.noEltera Gruppen is a leading provider of electrical installation and service solutions, to a broad and diversified customer base. Eltera Gruppen’s success to date is a result of strong local entrepreneurship, a decentralized operating model and close cooperation across selected areas such as procurement, systems, performance management and sharing of expertise. Eltera has a track record of profitable growth and acquisitions and is well positioned to continue consolidating the fragmented electrical installation market.
Why we believe in Eltera
- Winning player in the market outpacing growth while maintaining leading margins and a strong customer franchise
- Proven platform and operating model driving synergies in M&A and scale benefits while safeguarding local entrepreneurship
- Highly attractive and resilient business model with high and stable margins over time
- Ample runway to drive further consolidation both in Norway and through geographical expansion
About Eltera
2025 turnover (CY)
>200
Employees
>1000
Investment date
May 2026
Fund
Fund VI
Team
Thorleif Haug | CEO
Related
News | Press release
24 Mar 2026
Altor partners with management and acquires a majority stake in Eltera
Altor will support the company and existing management to accelerate its growth journey into both current and new markets. Eltera's management will reinvest in the company.
News | Press release
11 May 2026
Altor to acquire a majority stake in Sertion, partnering with management and entrepreneurs
Altor will partner with Sertion’s management and entrepreneurs to support continued above-market growth and expansion into new geographies.
News | Press release
11 May 2026
Altor to acquire a majority stake in Sertion, partnering with management and entrepreneurs
On May 8, Altor Fund IV (“Altor”) signed an agreement to acquire a majority stake in Sertion AB (“Sertion” or the “Group”) from Consolid Equity (“Consolid”), as well as from entrepreneurs and members of management. Entrepreneurs and management will reinvest meaningfully and remain key owners, partnering with Altor to accelerate the Group’s next phase of growth across existing markets and into new geographies.
Conversation | Spotlight
Grow bigger. Stay special.
Acquiring local champions is the key to Nordic Climate Group’s enviable growth over the past four years. A deep and enduring respect for the entrepreneurs who built those champions has been essential to winning their trust and building strong relationships that fuel further expansion.
Conversation | Our team
You grow and get to learn by doing
Urvi highlights responsibility as one of the themes from her internship and and how trust from the team made her excited to take it on.
Conversation | Case
An innovative partnership
Transcom enters collaboration with Silo AI to implement the opportunities of AI in the digital customer service industry.
Conversation | Case
Driving success
The leading tyre distributor Nordic Tyre Group reports strong growth accelerated by Electrical Vehicle transition.
Conversation | Perspective
Building the green transition
We can’t be dependent on fossil fuels in the future. Altor plans to be a part of Europe’s green transition, driving an industrial revolution and helping the whole continent decarbonize.
Conversation | Case
OX2 – the wind of change
There is an urgent need to change our habits and energy-use, as society increasingly moves away from high-carbon energy sources - the demand for alternative sources increase. Wind and solar farms are critical for this shift.
Conversation | Spotlight
Driving the green energy transition
Watch the interview with Matilda Elfving Hauan, Director, talking about partnering up with Svea Solar and OX2, two companies building new green business within the energy industry.
Conversation | Case
Supplying the supply chain
Starting out small in Aalborg, Denmark in the early 1950’s – Wrist Ship Supply has grown to become a true global leader with offices across the globe. Today, Wrist is creating digital solutions previously unknown to the shipping world.
Conversation | Case
Never ending energy
Sailing on strong tailwinds, OX2 has taken on one of the great challenges of our time. To make renewable energy available while generating benefits for both environment and investors.
Conversation | Case
Bringing torque to the tyre industry
Building an international platform for the tyre distribution industry might not sound like the most exciting journey. But bear with us, this story is about how a shift in software development and transportation revolutionized everything.
News | Press release
22 Jan 2021
Altor-backed Iyuno Media Group enters agreement to acquire SDI Media
Creating the Media and Entertainment Industry’s Largest, Most Comprehensive Global Localization Services Company LOS ANGELES – January 22, 2021 – Iyuno Media Group, a market leader in localization services to the media and entertainment industry, today announced it has entered into an agreement with Imagica Group Inc. to acquire 100% of SDI Media. This transaction, which is subject to review and approval from relevant authorities, brings together two companies with the shared mission of supporting, innovating and leading the art of global storytelling. Terms of the transaction were not disclosed.
Our Business Services community
2024 turnover (Calendar year)
EUR > 1000M
Employees
> 3500
Investment date
Jun 2020
Fund
Fund V
2025 turnover (Calendar year)
>200
Employees
>1000
Investment date
May 2026
Fund
Fund VI
2024 turnover (Calendar year)
EUR > 100M
Employees
> 200
Investment date
Mar 2016
Fund
Fund IV
2024 turnover (Calendar year)
EUR > 200M
Employees
> 1500
Investment date
Aug 2017
Fund
Fund IV
2024 turnover (Calendar year)
EUR > 2000M
Employees
> 30000
Investment date
Dec 2021
Fund
Fund V
2024 turnover (Calendar year)
EUR > 100M
Employees
> 1000
Investment date
May 2018
Fund
Fund IV
2024 turnover (Calendar year)
EUR > 400M
Employees
> 1500
Investment date
Jun 2022
Fund
Fund V
2024 turnover (Calendar year)
EUR > 1000M
Employees
> 2000
Investment date
Jan 2010
Fund
Fund II
2024 turnover (Calendar year)
EUR > 700M
Employees
> 30 000
Investment date
Mar 2015
Fund
Fund IV
2024 turnover (Calendar year)
EUR > 100M
Employees
> 1000
Investment date
Feb 2023
Fund
Fund VI
