Grevstad & Tvedt

Bergen, Norway Founded: 2018 • Age: 8 yrs Acquired By Instalco
Provider of professional plumbing services
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About Grevstad & Tvedt

Grevstad & Tvedt is a company based in Bergen (Norway) founded in 2018 was acquired by Instalco in August 2022.. The company has 68 employees as of December 31, 2022. Grevstad & Tvedt offers products and services including Nybygg Services, Service and Rehabilitation, Sanitær Services, Varme og Kjøling, and Sprinkler and VA Systems. Grevstad & Tvedt operates in a competitive market with competitors including VVS Kontakten, Maeland Ror, Energitec, ALTiVA and Lillestrom, among others.

  • Headquarter Bergen, Norway
  • Employees 68 as on 31 Dec, 2022
  • Sectors
    Business Services
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Grevstad & Tvedt Vvs As
Operational Areas
Business Services → Professional & Consulting Services
Key Metrics
  • Annual Revenue
    $16.37 M (USD)
    42
    as on Dec 31, 2022
  • Net Profit
    $1.13 M (USD)
    10
    as on Dec 31, 2022
  • EBITDA
    $1.44 M (USD)
    9
    as on Dec 31, 2022
  • Latest Funding Round
  • Investors
  • Employee Count
    68

    as on Dec 31, 2022

  • Acquired by
    Instalco

    (Aug 10, 2022)

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Products & Services of Grevstad & Tvedt

Grevstad & Tvedt offers a comprehensive portfolio of products and services, including Nybygg Services, Service and Rehabilitation, Sanitær Services, Varme og Kjøling, and Sprinkler and VA Systems. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

Plumbing and HVAC installations for new buildings and projects.

Repairs and upgrades of existing plumbing and heating systems.

Installation and maintenance of sanitary fixtures and pipelines.

Systems for heating, cooling, and climate control solutions.

Fire suppression and water supply infrastructure services.

Funding Insights of Grevstad & Tvedt

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Grevstad & Tvedt

Grevstad & Tvedt has secured backing from 1 investor. Prominent investors backing the company include Instalco. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Investor Description Founded Year Domain Location
Provider of electrical, plumbing, ventilation, and industrial installation services
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Grevstad & Tvedt

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - Grevstad Tvedt

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Grevstad & Tvedt Comparisons

Employees
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Competitors of Grevstad & Tvedt

Grevstad & Tvedt operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as VVS Kontakten, Maeland Ror, Energitec, ALTiVA and Lillestrom, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Provides rørleggertjenester and VVS services for private and commercial clients.
domain founded_year HQ Location
Plumbing services for heating systems, sanitary facilities, and bathroom renovations.
domain founded_year HQ Location
Offers plumbing, heating, and maintenance for residential and commercial clients.
domain founded_year HQ Location
Provides pipe inspection, cleaning, renovation, and water management services in Norway.
domain founded_year HQ Location
Delivers comprehensive plumbing services for residential and commercial clients.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Grevstad & Tvedt

Frequently Asked Questions about Grevstad & Tvedt

When was Grevstad & Tvedt founded?

Grevstad & Tvedt was founded in 2018.

Where is Grevstad & Tvedt located?

Grevstad & Tvedt is headquartered in Bergen, Norway. It is registered at Bergen, Vestland, Norway.

How many employees does Grevstad & Tvedt have?

As of Dec 31, 2022, the latest employee count at Grevstad & Tvedt is 68.

What is the annual revenue of Grevstad & Tvedt?

Annual revenue of Grevstad & Tvedt is $16.37M as on Dec 31, 2022.

What does Grevstad & Tvedt do?

Grevstad Tvedt, founded in 2018 in Bergen, Norway, focuses on consumer, professional consumer services, home-services, maintenance repair, and plumbing. Provider of professional plumbing services. The company is dedicated to excellence, innovation, and customer satisfaction, ensuring sustainable practices and long-term success in its sectors.

Who are the top competitors of Grevstad & Tvedt?

Grevstad & Tvedt's top competitors include VVS Kontakten, Maeland Ror and Energitec.

What products or services does Grevstad & Tvedt offer?

Grevstad & Tvedt offers Nybygg Services, Service and Rehabilitation, Sanitær Services, Varme og Kjøling, and Sprinkler and VA Systems.

Who are Grevstad & Tvedt's investors?

Grevstad & Tvedt has 1 investor. Key investors include Instalco.

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