We are very happy to inform you that Norstat has a new owner, Triton Smaller Mid Cap Fund. An agreement was signed with the current owners, Foinco and Verdane, who have agreed to sell all their shares in Norstat. Triton Smaller Mid Cap Fund is a private equity fund specializing in small and mid-sized companies like Norstat.
"We want to support the management and employees of Norstat by investing in and supporting the continued growth and development of the company. We look forward to working together with the management team and the Board of Directors in building a stronger and more geographically diversified company", says Peder Prahl, Managing Partner and CEO of Triton.
Norstat is now ready for a new chapter, with even more focus on growth and development and we look forward to see what we are able to achieve together with Triton.