Case study

Stamina HOT Helse has acquired Avonova Sverige AB

Stamina HOT Helse (Stamina), the Norwegian market leader in occupational health services, announces the acquisition through public offer of a 99.2% stake in Avonova Sverige AB, from its private shareholders, for US$30 million.

Herkules Private Equity Fund III is the majority owner of Stamina through the holding company Helse Holding AS. Stamina is a national chain of gyms. The company provides a professional and academically solid offering in training, occupational health, physical therapy and nutrition.

Avonova Sverige AB is a leading private operator and supplier within the healthcare sectors, occupational health care, primary care and leadership support.

Oaklins' team in Sweden advised the buyer in this transaction and initiated an analysis of the Swedish market for occupational health care services. Our team has subsequently worked with Stamina to map out potential acquisitions in Sweden.

Tombstone image for Stamina HOT Helse has acquired Avonova Sverige AB

Key deal contacts

Sven-Åke Lewin

Sweden

Partner

View profile