Ansnes Entreprenør AS
Sale of Ansnes Entreprenør to PineRock Group
Saga Corporate Finance is pleased to have assisted the owner of Ansnes Entreprenør in the sale to PineRock Group, a Swedish Renovation, Maintenance, and Improvement (“RMI”) building service provider. PineRock is majority owned by EMK Capital, a London-based private equity fund.
Founded in 1993, Ansnes Entreprenør has become a leading player with specialist competency in the fields of rehabilitation and restoration of heritage and listed buildings. Located with headquarters in Hvalstad (Asker) and 47 employees, Ansnes Entreprenør serves both public and private customers in the greater Oslo region. Previous projects include restoration of the historical Trosterud Gård, Østre Aker Kirke, and NMBU.
Ansnes Entreprenør marks PineRock’s first investment in Norway, an important step towards its goal of becoming a leading RMI player in the Nordics. The group is already present in both Sweden and Finland with ambitions to further expand. As part of PineRock, Ansnes Entreprenør will gain access to a broader Nordic network and professional support, while retaining its unique culture and identity under its already strong brand.
Do you need assistance?
Priscilla Law
Managing Partner
Maren Christine Alne
AnalystFacts
Ansnes Entreprenør is a building contractor specializing in restoration, rehabilitation, conversion, and extensions.
Client Ansnes AS
Mandate Sales mandate
Industry Building and construction
“After more than 30 years with myself as the sole owner and managing director, the company was entering a natural ownership succession. Deciding to sell Ansnes Entreprenør was a significant and important decision. I reached out to Saga based on their strong track record in advising on transactions within the construction industry. They have been a highly competent and reliable advisor with solid industry knowledge, and an important partner throughout the entire process. For me, it was crucial to find a buyer who would take care of the employees and carry the proud legacy forward — something that means even more when the company carries my name. These considerations were handled exceptionally well by Saga, and I can warmly recommend them to others .”
– Ivar Rune Ansnes, on behalf of Ansnes AS
Do you need assistance?
Priscilla Law
Managing Partner
Maren Christine Alne
Analyst