Gabler was sold to private investors.

Gabler, an Oslo, Norway-based company providing pensions and investment consulting services, announced in a press release that it was acquired by private investors including Thomas Vinge Hansen.

FInancial details of the deal were not disclosed, but, according to the Norwegian media, the transaction values the company at NOK 200m.

Following the deal, Thomas Vinge Hansen, the founder of European Insurance Consolidation Group (EICG), and unnamed owners of a Swiss family office bought 70% of the group’s share capital - the holding company NIP Holding AS. The remaining equity will be owned by managers and key personnel at Gabler.

Gabler, led by CEO Aksel Bjerkvik, is a consultant and fund administrator within pension, insurance and asset management in the Norwegian market.

Thomas Vinge Hansen is a former managing director in Goldman Sachs’ European and pensions insurance division, now co founder at London-based European Insurance Consolidation Group (EICG). EICG is active in the Nordic market through NICG, which formed the Danish pensions firm Norli Pension – which specialises in buying and managing traditional with-profits pension schemes – from Skandia Livsforsiking’s pensions business, which NICG bought in 2015.