Valeris Advisory has acted as advisor to Bolero's owner Erland Fristedt in the sale of Bolero AB to NetNordic, a Norwegian IT-company owned by Norvestor and employees. Through long-term work with solid quality thinking, Bolero has established itself as a dominant player in IT consulting services within infrastructure and security in the Stockholm area, with very strong customer relationships. Bolero was founded in 1989 but shaped its current focus when Erland joined the company in 1999. Bolero has since then built up its position in the operation of business-critical infrastructure, combined with high competence in applications and tools for AI and security. Bolero has sales of approximately SEK 270 million with strong profitability.
“The company, with the competence and experience we have built up through the years, will have the opportunity to continue to develop in a larger Nordic context. I look forward to the continued development together with NetNordic in an international platform, both for the company and my own part.”
- Erland Fristedt, CEO and owner of Bolero.
“In an environment currently characterized by great change and uncertainty, we are happy to have contributed to a good solution with a very exciting future. We look forward to follow NetNordic's future development in the Nordic region, together with Bolero.”
- Håkan Berntsson, Partner at Valeris.
For further information please contact:
Håkan Berntsson, Founding Partner Johan Simonsson, Founding Partner
Valeris Advisory AB Valeris Advisory AB
Phone: +46 70 759 77 00 +46 706 26 72 38
E-mail: hakan.berntsson@valeris.se johan.simonsson@valeris.se