Lindahl has advised EQT-backed Recover in the acquisition of SWE Skadeteknikgruppen based in the Stockholm area. The acquisition strengthens Recover’s presence within water damages and environmental investigations.
Recover is a Nordic market leader in property remediation and environmental services, primarily serving insurance companies, municipalities, industrial- and consumers. Following the separation of Recover into a stand-alone business seven years ago the company has experienced a strong organic growth and tripled its turnover. Recover is a Nordic group with national presence in Norway, Sweden, Denmark and Finland. Recover has more than 2,500 employees in 104 offices across the Nordic region.
EQT owns the Recover group together with the company’s management team. EQT is one of Europe’s leading private equity companies with a 25-year history of investing in, owning and developing companies. EQT has currently 16 active funds which has invested in 140 companies across the world, with over 159,000 employees.
Lindahl’s team consisted of responsible partner Henrik Nobel and the associates Nicklas Bexelius, Mikael Nagy and Asta Schulz.