Bluestep Bank to acquire Bank2

Bluestep Bank has entered into an agreement to acquire Bank2, a Norwegian specialist mortgage bank and refinancing services provider.

Bank2, established in 2005, is under the supervision of the Norwegian Financial Supervisory Authority and has a loan portfolio of approximately NOK 4.5 billion per Q1 2023.

Bluestep Bank, owned by EQT, has entered into an agreement with the largest shareholders in Bank2 and all other shareholders of Bank2 will receive an offer to sell their shares in Bank2 to Bluestep Bank on corresponding terms and conditions. The agreed purchase price amounts to around NOK 1 billion.

The transaction is subject to customary approvals.

Bluestep Bank was advised by Mannheimer Swartling with respect to Swedish law matters in the transaction.


This website uses cookies to perform certain functions and help you navigate the site efficiently. A cookie is a text file with a small amount of information that is stored on your device. We share some of the information we obtain through these cookies with third parties. We only use cookies that are necessary for the site to function correctly and they therefore cannot be turned off. For further information, see Information on the use of cookies.