Recover

Oslo, Norway Founded: 2013 • Age: 13 yrs Acquired By EQT
Property remediation and environmental services are provided for infrastructure restoration.

About Recover

Recover is a Government & Social Sector company based in Oslo (Norway) founded in 2013, and was acquired by EQT in December 2019. Property remediation and environmental services are provided for infrastructure restoration. It operates on a Professional Services model in Government & Social Sector and Business Services sectors. The company has 855 employees. Recover has completed 1 acquisition, including KloAgger. Its chief executive, as recorded, is Vegar Kristoffersen. Recover offers products and services including Property Remediation and Environmental Services. Its focus areas include Environmental Services, Property Remediation and Non-Discretionary Services. Its legal entity is Recover Group.

Company details

Recover is established as the market leader in non-discretionary property remediation and environmental services across the Nordic region, with operations in Norway, Denmark, and Sweden. The company is focused on delivering sustainable solutions that prioritize everyday life and planetary health. Services are provided to ensure resource efficiency and societal impact, supporting long-term business success. The commitment to sustainability is aligned with the United Nations Sustainable Development Goals (SDGs).

  • Headquarters Oslo, Norway
  • Employees 855
  • Stage Acquired
  • Sectors
    Government & Social Sector
    Business Services
  • Email
    β€’β€’β€’β€’β€’β€’β€’β€’
  • Website recovergroup.com
  • Social LinkedIn
  • Acquired by EQT (Dec 2019)
  • Legal Name Recover Group
Key Metrics
  • Annual Revenue
    $173.09 M (USD)
    4
    as on Dec 31, 2022
  • Net Profit
    -$1.67 M (USD)
    -220
    as on Dec 31, 2022
  • EBITDA
    -$7.83 M (USD)
    -220
    as on Dec 31, 2022
  • Investors
  • Employee Count
    855
  • Investments & Acquisitions
  • Acquired by
    EQT

    (Dec 2019)

Products & Services of Recover

Recover offers a comprehensive portfolio of products and services, including Property Remediation and Environmental Services.

Property Remediation
Environmental Services

Property remediation services are provided for non-discretionary needs.

Environmental Services
Environmental Solutions

Environmental services are offered for sustainable resource management.

Investors in Recover

Recover has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include EQT.

All
Venture Fund
InvestorDescriptionFounded YearDomainLocation
EQT is recognized as a global investment organization focused on value creation.
1994eqtgroup.comStockholm, Sweden
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Investor details for Recover

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  • Complete investor list
  • Round participation
  • Investor portfolios
  • Co-investor network

Verified entity values are shown only after access is granted.

People of Recover

1 people are tracked at Recover (1 in leadership); the tracked headcount is 855.

NameRoleGroup
Vegar Kristoffersen
CEOLeadership
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Complete people profiles for Recover

Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.

  • Full employee list
  • Team structure
  • Board tenure
  • Professional contacts

Verified entity values are shown only after access is granted.

Investments & Acquisitions by Recover

Recover has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include KloAgger.

Acquisitions
Company NameDescriptionDomainLocationFoundedAcquiredAmount
Waste management services are provided in Denmark since 2012.
kloagger.dkHvidovre, Denmark2012Apr 2022β€’β€’β€’β€’
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Complete acquisition details for Recover

Acquired stakes, deal sources and the complete acquisition history require an active premium plan.

  • Acquired stakes
  • Deal sources
  • Complete history
  • Exports

Verified entity values are shown only after access is granted.

Timeline of Recover

3 dated milestones of Recover across 9 years, from founding to its latest funding, stage changes and deals.

  1. Founded Recover is founded.
  2. Exit Acquired by EQT.
  3. Acquisition Acquires KloAgger.

Web traffic of Recover

The website of Recover (recovergroup.com) receives about 2.4K visits a month.

  • Monthly visits
    2.4K

    ▲ 182.2% vs previous month

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Frequently Asked Questions about Recover

Recover was founded in 2013.

Recover is headquartered in Oslo, Norway. It is registered at Oslo, Oslo, Norway.

Vegar Kristoffersen is the CEO of Recover, as recorded in our data.

Recover has 855 employees.

Annual revenue of Recover is $173.09M as on Dec 31, 2022.

Recover is established as the market leader in non-discretionary property remediation and environmental services across the Nordic region, with operations in Norway, Denmark, and Sweden. The company is focused on delivering sustainable solutions that prioritize everyday life and planetary health. Services are provided to ensure resource efficiency and societal impact, supporting long-term business success. The commitment to sustainability is aligned with the United Nations Sustainable Development Goals (SDGs).

Recover offers Property Remediation and Environmental Services.

Recover has made 1 acquisition, including KloAgger.

Recover has 1 investor. Key investors include EQT.

Recover operates through Recover Group.

Yes. Recover was acquired by EQT in December 2019.

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