Verdane has signed a binding agreement with Vend Marketplaces ASA (“Vend”) to buy its skilled trades marketplace portfolio (“Mittanbud”): Mittanbud (Norway), Servicefinder (Sweden), Remppatori (Finland), and 3byggetilbud.dk (Denmark).
Max Carlsén, Principal at Verdane, said: “We are excited to partner with the Mittanbud Marketplaces team to help drive the next phase of its growth across the European home services market. Mittanbud has built a leading position in the Nordics, grounded in strong customer trust and a clear value proposition for both homeowners and skilled professionals in the large and under-digitalised home improvement market. With Verdane’s experience in scaling digital consumer platforms and marketplaces, we look forward to supporting the team as they enter the next chapter.”
Christian Printzell Halvorsen, CEO of Vend, comments: “This is a truly exciting new chapter for Mittanbud. Since its launch in 2009, Mittanbud has delivered an impressive growth journey. What began as a small Norwegian start-up within Schibsted has evolved into the leading marketplaces for skilled trades in the Nordics, connecting millions of homeowners and professionals every year. We are proud of what the team has achieved and look forward to following Mittanbud’s continued success under new ownership.”
The sale of Mittanbud marks another important milestone in Vend’s strategic simplification journey. It reflects the Company’s focus on sharpening its marketplace portfolio and further streamlining the organisation.
“We’re deeply grateful for everything we’ve achieved together with Schibsted and Vend over the past 16 years. Mittanbud has grown from a small start-up into a leading Nordic skilled-trades marketplace, thanks to a dedicated team. With Verdane as our new owner, we’re excited to build on this strong foundation and accelerate our growth,” comments Håvard Bungum, CEO Mittanbud.
The parties have signed the final transaction agreements, with completion expected at the beginning of 2026, subject to customary regulatory approvals and closing conditions.
Vend follows a disciplined capital allocation strategy. While maintaining a conservative balance sheet, any surplus capital will be returned to shareholders over time.
About Verdane
Verdane is a specialist growth buyout investment firm that partners with tech-enabled and sustainable businesses that help to digitalise and decarbonise the European economy. The flexible mandates of Verdane funds allow it to invest as a majority or minority control investor, replacement or growth capital, in single companies or in portfolios of companies.
Verdane has raised €9 billion in capital and its funds have made more than 200 investments in fast-growing businesses since 2003. Verdane’s team of over 150 investment professionals and operating experts is based out of Berlin, Copenhagen, London, Helsinki, Munich, Oslo and Stockholm, and combines deep sector expertise with long-standing local networks and presence in core European markets.
Verdane is also a certified B Corporation, the most ambitious sustainability accreditation globally. The firm only backs businesses that pass its 2040 test, which indicates whether the company can thrive in a more sustainable future economy.
Verdane is partly owned by the Verdane Foundation, which is focused on two areas: climate change and more equitable and inclusive local communities.
More info: www.verdane.com
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