Lakers gets acquired by Summa Equity

Norway Sweden Exit 10 September 2018
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Lakers, an Oslo, Norway-headquartered company specialized in service and sales of pumps, announced getting into an equity sales agreement with private equity company Summa Equity

The financial details of the transaction remain undisclosed. Lakers will be acquired from MVI Fund I AB, the founders and a handful of minority shareholders active in the business. The founders and the management team will remain as significant shareholders in the company.

Lakers was founded in 2016 by Carl Hall and Carl-Johan Callenholm and offers maintenance, service, development and technical consultancy for pumps, pumping stations, electrical motors and related components. The company has 130 employees across Norway, Sweden and Denmark with a revenue of SEK 280M ($31M).