About People Sustainability Careers News Companies Stories NEWS GNIST TO BECOME PART OF NORLANDIA PRESCHOOLS Norlandia Preschools AS (“Norlandia”) has signed an agreement to purchase the Norwegian preschool chain Gnist Barnehager AS (“Gnist”) from the founders of the chain and Altor Fund IV (“Altor”). Gnist is a private Norwegian preschool chain with a strong pedagogical platform, with a particular focus on a systematic approach to operations, supported by good practices. This ensures high and consistent quality in all Gnist preschools, with a focus on the child’s individual needs and close cooperation with highly satisfied parents. Gnist Kindergartens currently owns 17 kindergartens in Møre og Romsdal, Trøndelag, Vestland and Viken. “We are pleased that the Gnist will be part of our organization,” says Kristin Voldsnes, division director for Norlandia. “The competence and commitment that is clear among the employees bodes well for a continued, high-quality daycare operation”, Voldsnes continues. She adds: “We look forward to welcoming all Gnist employees to a community where we seek to continue the good work at Gnist, as well as further develop the daycare offer for the benefit of children, parents and employees.” “I am sure that with the professional foundation and long-term approach that has been a hallmark of Norlandia; children, employees and parents will find that this transition will be characterized by continuity and stability,” says Lill Nyseter Kortgaard, CEO of Gnist. Maria Tallaksen, partner in Altor added: “Gnist offers a great experience for 1,800 children and their parents around Norway. It has been a privilege to work with management and Kjersti and Bjørn Grønmyr to further develop this company. As part of Norlandia, Gnist will become part of an even larger professional pedagogical environment to further develop the service offer.” The transaction is subject to customary regulatory requirements and approvals. For more information, please contact: Kristin Voldsnes, Division Director Norlandia, Tel +47 416 92 791 Tor Krusell, Head of Communications, Altor, Tel +46 8 512 516 01, Mobile +46 705 43 87 47 About Altor Since inception, the family of Altor funds has raised some EUR 8.3 billion in total commitments. The funds have invested in excess of EUR 5 billion in more than 75 companies. The investments have been made in medium sized predominantly Nordic companies with the aim to create value through growth initiatives and operational improvements. Among current and past investments are OX2, Sonion, PIAB, Ålö, Dynapac, Gunnebo, and Norican Group. Author: Katarina Karlsson Date: 2021.09.15 Categories: News ALTOR ENTERS INTO PARTNERSHIP WITH RAW FURY Altor Fund V (“Altor”) has signed an agreement to acquire a majority stake in Raw Fury AB (“Raw Fury”) and enter into a partnership with the owners and management.Raw Fury was founded in 2015 by Jónas Antonsson and is a Swedish game publisher focusing on artsy, story-rich PC & console games in the ‘indie’ niche.... ALL NEWS Copyright © 2021 Altor All rights reserved Privacy and cookies policy JOIN US Join us on Facebook Join us on LinkedIn CONTACT STOCKHOLM Altor Equity Partners AB Altor Fund Manager Jakobsgatan 6 111 52 Stockholm Sweden Tel. +46 8 678 9100 Fax. +46 8 678 9101 info@altor.com HELSINKI Altor Equity Partners OY Pohjoisesplanadi 25 B 00100 Helsinki Finland Tel. +358 9 6829 470 Fax. +358 9 6829 4750 info@altor.com OSLO Altor Equity Partners AS Tjuvholmen Allé 19 0252 Oslo Norway Tel. +47 2212 8383 Fax. +47 2212 8384 info@altor.com COPENHAGEN Altor Equity Partners A/S Rosenborggade 15, II 1130 Copenhagen Denmark Tel. +45 3336 7300 info@altor.com ST. HELIER Altor Funds 11-15 Seaton Place St Helier Jersey JE4 0QH Channel Island Tel. +44 1534 833 000 info@altor.je ZURICH Altor Equity Partners AG Bellevueplatz 5 8001 Zurich Switzerland Tel. +41 76 445 68 84 info@altor.com COOKIES By continuing you give us permission to deploy cookies as per our privacy and cookies policy I UNDERSTAND