We acted as the legal advisor to the sellers and Netcontrol Group in the structured sale process of Netcontrol. The company was acquired by Procuritas, a Swedish Private Equity house whose Procuritas Capital Investors VI fund purchased the majority stake in Netcontrol. Netcontrol is a well-reputed provider of solutions, systems and services for real-time monitoring, control and automation of utility networks with a leading position in the Nordics and a broad international presence.
Netcontrol, founded 1991, is a technology provider of intelligent utility network automation solutions. The company is headquartered in Helsinki, Finland, with offices in Sweden, Norway and the UK. Customers include electricity companies, renewable energy producers, electric railways, energy intensive industry plants, and district heating plants and pumping stations. Group employs ca. 80 automation professionals and had revenues of around MEUR 19 in 2017.
Procuritas Capital Investors VI is a private equity fund focusing on mid-sized companies in the Nordic region. PCI VI launched in 2017, with ca. MEUR 318 in committed capital. With a passion for business, extensive industrial experience and an over thirty-year track record covering a large variety of transactions, Procuritas has supported over 40 companies with the aim to accelerate their growth and realise their true business potential.
