Norvestor VII, L.P. has agreed to divest 4Service Holding AS to Compass Holding Norway AS, supporting 4Service's growth through access to global resources and operational enhancements.

Target Company Overview

4Service Holding AS, alongside its subsidiaries, has established itself as a frontrunner in food and facilities management services in Norway. The company operates through three primary divisions: Food and Facilities, Cleaning and Maintenance, and Accommodation. Since its investment by Norvestor in January 2016, 4Service has undergone significant growth, leveraging innovative and customer-centric service models. With a workforce of over 6,500 dedicated employees, 4Service is recognized for its commitment to high service standards and operational efficiency, underpinned by a robust digital platform.

Sustainability is a cornerstone of 4Service's operations, promoting healthy eating, reducing food waste, and minimizing environmental impact. This focus enables clients to provide superior meal services and office management while optimizing resource usage and lowering carbon footprints. Under Norvestor's investment, 4Service's revenues skyrocketed from NOK 417 million in 2015 to NOK 4,400 million in 2023, reflecting a remarkable 34% annual growth rate driven by organic expansion and strategic acquisitions.

Industry Overview in Norway

The food and facilities management industry in Norway has experienced significant transformation in recent years, driven by increasing demand for innovative and customized services. The growth in urban populations and the expansion of commercial enterprises have fueled this demand, fo