4Service Gruppen AS (“4Service”), majority owned by Norvestor VII, L.P.,has signed
agreements to acquire Resco AS (“Resco”) and Mint Renhold AS (“Mint”). With these two acquisitions, 4Service will strengthen their presence and offering within Facility Service, and will amplify the profitable growth.

Oslo,6 July 2017 4Service and NetNordic have made three add-on acquisitions 4Service Gruppen AS (“4Service”), majority owned by Norvestor VII, L.P.,has signed agreements to acquire Resco AS (“Resco”) and Mint Renhold AS (“Mint”).

With these two acquisitions, 4Service will strengthen their presence and offering within Facility Service, and will amplify the profitable growth. Resco is a provider of cleaning services in the greater Oslo area, and represents an expansion into the high-end office building segment. Mint is also a provider of cleaning services, providing geographical expansion into the greater Trøndelag – region as well as strengthened presence in the Oslo region.Estimated 2017 revenues for Resco is c. NOK 65 million and NOK 120 million for Mint.

NetNordic has entered into an agreement to acquire Intelecom, strengthening its position as the leading system integrator of network, security, communications and cloud solutions in the Nordic enterprise market.

Intelecom is a leading Norwegian supplier of network and communications solutions. The
company has a long history and a leading position with large enterprise customers, with focus on the verticals offshore, public/governmental and hospitality. Intelecom has roots back to Alcatel Business Systems in 1990 and later mergers with Consorte and Carrot. With this acquisition, NetNordic will be passing one billion NOK in revenues, increase its competence in strategic verticals, and strengthening its platform for further growth.