Current portfolio

Recover Nordic

A leading provider of property remediation and environmental services in the Nordics.

Recover Nordic serves insurance companies, municipalities, industrial and commercial companies across the Nordics, helping end-customers return to everyday life as quickly as possible following property damages and unexpected events.

11

Private Capital

Recover Nordic

  • Societal Contribution

  • 11Sustainable cities and communities
  • 12Responsible consumption and production
  • 13Climate action

About Recover Nordic
A majority of the company’s operations relate to property remediation activities following i.e. water or fire damages.The company also offers a variety of environmental services, including pipe cleaning, industrial cleaning, sludge management and dry suction. Recover Nordic was founded in 2013 and is headquartered in Oslo, Norway. The company operates around 100 branches across Norway, Sweden, Denmark and Finland and employs c. 2,100 employees.

Market Trends & Drivers
Recover Nordic provides mission critical services in attractive and defensive markets.Property remediation and environmental services have limited exposure to theeconomic cycle and both markets are supported by megatrendssuch as urbanization, more extreme weather and wear & tear of buildings and infrastructure.

Investment Potential
EQT will support Recover Nordic’s management team in strengthening the company’sposition as the leading property remediation and environmental services player in theNordics. EQT will support Recover Nordic with further investments in digitalization,professionalization and sustainable processes, as well as a continued M&A strategy.