Summa Equity divests Sortera to Nordic Capital
Summa Equity divests the leading environmental service provider to Nordic Capital.
Since Summa Equity’s acquisition of the company in 2016, Sortera has evolved from being a Stockholm based company focusing on collection of construction waste, to becoming a Nordic leader within collection, recycling, processing and sale of residual products from the building and construction sector.
Summa Equity is a private equity company that is specifically focused on sustainability. The divestment of Sortera is Summa Equity’s first full-exit.
The transaction is subject to customary regulatory approvals.
Summa Equity was advised by Mannheimer Swartling in the transaction.