Trill Impact has acquired a majority share in Nordomatic, a leading independent partner for property owners in building automation, focusing on “smart buildings” and energy efficiency with a presence in Sweden, Denmark and Norway. Trill Impact, based in Stockholm, is a private equity firm targeting mid-sized companies in Northern Europe with the potential to accelerate value creation while contributing to the Sustainable Development Goals.
Nordomatic offers Building Management Systems (BMS) for new projects, retrofits, upgrades and services, including cloud-based smart systems. The company has experienced substantial growth in recent years and generated pro-forma revenues of about SEK 880m (EUR 85m) in 2019. Nordomatic was founded in 1967 and is headquartered in Stockholm with more than 400 full-time employees at 20 locations in Sweden, Denmark and Norway.
CODEX Partners supported the commercial due diligence of Nordomatic for Trill Impact.
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