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.