Companies
Business Services
The very glue of the commercial world, Business Services, is one of the most diverse sectors – and in our opinion, one of the most attractive. From logistics to construction and from wholesalers to specialized consulting, business services companies support their fellow businesses in adjacent sectors and are instrumental to their success. We believe that business services companies have their own distinct operational logics and characteristics, often with numerous employees at the heart of the business, which offers unique avenues for value creation. Read moreBy engaging at a size where we create the most impact, the flexible Altor mandate lets us apply the tools and managerial expertise necessary to lift strong service companies to the forefront of the global market. All with an agility and openness that few can match. Typically, we build the companies in close partnership with founders and management. Together we have been able to grow the companies both organically and through M&A, to boost productivity and to transform industries across the sector. Successful investments in OX2, Eleda, NTG, Dustin and Transcom demonstrate our long experience in building sustainable market preference. Many companies are investing in a green transition; supporting that journey has become one of our specialties. With a strategic understanding of roll-up and digitalization, we empower companies to compete and win in the broadest possible market, where our established network of advisors and specialists create a valuable community for all sector companies.
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Current companies

Eleda
Infrastructure built for the future

Flex IT
Making hardware circular

Iyuno
Bringing you the stories of the world

KAEFER
The most reliable and efficient provider of technical industrial services

Ludvig & Co
Sweden’s most local advisors

Nordic Climate Group
For a better climate

Nordic Tyre Group
When rubber meets the road

OptiGroup
All essentials for business

Retta
Responsible Property Management

Transcom
Brilliance in Customer Experience

VTU
Engineering to rely on

Wrist Ship Supply
Provisions for the marine supply chains


2022 turnover
EUR 1050M
Employees
2590
Investment date
Jun 2020
Fund
Fund V


2022 turnover
EUR 128M
Employees
ca 287
Investment date
Mar 2016
Fund
Fund IV


2022 turnover
EUR 479M
Employees
ca 2 897
Investment date
Aug 2017
Fund
Fund IV


2022 turnover
EUR 2063M
Employees
30225
Investment date
Dec 2021
Fund
Fund V


2022 turnover
EUR 117M
Employees
1242
Investment date
May 2018
Fund
Fund IV

2022 turnover
EUR 250M
Employees
1000
Investment date
Jun 2022
Fund
Fund V

2022 turnover
EUR 368M
Employees
325
Investment date
Jul 2019
Fund
Fund IV


2022 turnover
EUR 1652M
Employees
1632
Investment date
Jan 2010
Fund
Fund II


2022 turnover
EUR 114M
Employees
ca 1451
Investment date
Jun 2016
Fund
Fund IV


2022 turnover
EUR 717M
Employees
26 670
Investment date
Mar 2015
Fund
Fund IV

2022 turnover
EUR 173
Employees
1200
Investment date
Feb 2023
Fund
Fund VI


2022 turnover
EUR 724M
Employees
1517
Investment date
Aug 2007
Fund
Fund II
Past companies

Centralpoint

Constructor

Curato

Euro Cater

Gnist Barnehager

Norsk Gjenvinning

ONE

OW Bunker

OX2

Relacom

TGS (prev. Spectrum)

Vatus
Business Services sector team

Andreas Kaldhussaeter
Senior Associate

Bengt Maunsbach
Partner

Caroline Eriksson
Associate

Daniel Reimann
Principal

Daniel Tufte-Kristensen
Director

Didrik Hauglund Berge
Associate

Frederik Serup
Associate

Giovanna Maag
Partner

Gustav Martinsson
Associate

Håkon Falck Nordskar
Senior Associate

Jonas Aspelin Ramm
Senior Associate

Karl Svenningsson
Director

Linda Nyberg
Executive Assistant

Maria Tallaksen
Partner

Mario Hagmann
Senior Associate

Marit Annink
Associate

Nicolai Kjær Jacobsen
Senior Associate

Petter Samlin
Partner

Philipp Schleuning
Associate

Stian Tuv
Principal

Tor Herman Smedsrud
Director