Sortera Skandinavian Holding

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Sortera Skandinavian Holding

Country Sweden
Region Stockholm
Investor Norvestor Equity

When Norvestor Equity took a majority stake in Sortera Skandinavian Holding in 2012, the business provided waste collection and disposal services for construction and renovation sites in the greater Stockholm area. Over the next four years, Norvestor helped the business grow rapidly and it now also operates in Uppsala, Gothenburg and Oslo, employing 95 people across four offices and two sorting facilities.

Along with providing great customer services, the company focuses on reducing the environmental impact of the waste it collects by running environmentally friendly vehicles, recycling waste through sorting for re-use or conversion to new products or energy. With the business firmly in growth mode, Norvestor sold its stake to Summa Equity in 2016.

Norvestor has been an important partner in defining and supporting Sortera in executing our growth strategy and focusing on environmental solutions.

Henrik Westoo CEO, Sortera

What did the business need?

  • Investment to expand the business beyond Stockholm
  • Support for growth organically and through selected acquisitions
  • Owner with experience in Nordic expansion

How did private equity backing create lasting value?

  • Supported SEK 40 million investment in new sorting facility and sales office in North Stockholm
  • Assisted with two acquisitions, MELAB and Åkerisäcken, to boost company growth
  • Implemented advanced ESG policies and procedures

What outcomes did private equity investment achieve?

  • Expanded into Gothenburg and Oslo
  • Grew compound annual sales by over 29% and EBITDA by over 60% between 2012 and 2015
  • Introduced new services, such as bins and hazardous waste collection
  • Increased employee numbers from 45 to 95 over four years
  • Established second sorting facility on the north side of Stockholm to expand geographical reach and reduce transportation of waste


compound annual sales growth 2012-2015


new jobs in 4 years

Case study image

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