Majority sale of NOX Consulting AB

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November 2019 – Majority sale of NOX Consulting AB

About the deal

In 2019 Bryan, Garnier & Co acted as sole financial advisor to the selling shareholders of NOX Consulting AB in their sale of a majority stake in NOX Consulting AB to Broviken Gruppen AB.

Pernilla Ramslöv, CEO of NOX Consulting says “the gig economy is growing at a rapid pace, which opens up more opportunities for NOX. We have now partnered up with Broviken, who will support NOX on this exciting journey. Together we will take NOX to the next phase in the company’s development.

NOX is a really interesting growth case. We liked the company the first time we met them and this feels like a perfect match based on our values and ambitions. There is huge expansion potential in the service sector. I believe that with our experience we can support and accelerate NOX’s growth journey,” says Per Granath, Partner and CEO of Broviken Gruppen AB.

Deal team

Anna Sundin | Director | Stockholm | Investment Banking | asundin@bryangarnier.com

Mathias Maier | Analyst | Stockholm | Investment Banking | mmaier@bryangarnier.com

 

About NOX Consulting

NOX Consulting AB is Stockholm’s fastest growing freelancing platform with over 5000 IT consultants in its network.

NOX has managed to gain a very attractive position in Stockholm’s freelancer community through the development of a matching platform where not only competence and experience, but also personality are matched to the assignments.

About Broviken Gruppen

Broviken Gruppen AB invests in Swedish companies in the service sector driven by strong entrepreneurs and management groups.

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