Building Contractor for Sale in Bergen, Norway
| Established | 1-5 year(s) |
| Employees | 10 - 50 |
| Legal Entity | Limited Liability Company (LLC) |
| Reported Sales | USD 1.86 million |
| Run Rate Sales | USD 5.2 million |
| EBITDA Margin | 0 - 10 % |
| Industries | Building Contractors |
| Locations | Bergen |
| Local Time | 9:55 PM Europe / Oslo |
| Listed By | Business Owner / Director |
| Status | Active |
- Vendor qualification: Registered in StartBANK, supporting procurement eligibility with major contractors and professional buyers.
- Scale and footprint: Approximately 35 employees, with operations across Western Norway and Oslo, enabling both regional delivery and national expansion. Also engages contractual employees on a project‑to‑project basis, ensuring flexibility.
- Revenue model: Primarily project-based contracting via tenders, direct requests, and subcontracting from main contractors. Demand is driven by refurbishment/conversion projects and regulated demolition/remediation requirements.
- Commercial traction: Confirmed order backlog of ~NOK 35 million, providing visibility and supporting near-term scaling.
- Client base: Work delivered for public-sector and institutional buyers, as well as major contractors and property stakeholders. Client names and contract details are shared under NDA only.
- Founder/operator-led execution: Founder remains in an executive operating role under a 5-year management agreement, focusing on delivery excellence, estimating growth and expansion, while the investor holds governance control through the board.
- Transaction readiness: Seeking a 100% buyout combined with capital injection at closing and a performance-based earn-out, aligning incentives while protecting investor downside.
- The business holds a valid registration certification, reinforcing compliance, credibility, and operational legitimacy in the market.
Operational tools and site equipment required for daily project execution. A significant portion of the equipment is owned by a third-party company and is made available to the company as rent-free under an existing arrangement.
Under this arrangement, there is a one-time settlement / purchase obligation of approximately NOK 2.5 million that becomes payable upon change of ownership. The buyer can settle this at closing and thereby obtain ownership/transfer of the equipment (details and documentation provided under NDA).
Any company-owned minor assets (office equipment, IT, inventory) are included as part of the share transfer (full list under NDA).
Intangible assets (included in the transaction):
- Certifications and authorizations enabling regulated works (including TK3 and asbestos abatement – interior and exterior) and the company’s established compliance/HSE framework and documentation routines.
- StartBANK registration and vendor prequalification status supporting procurement with professional buyers.
- Operating processes and know-how for regulated demolition and environmental remediation (methods, HSE systems, risk assessments, checklists, and reporting templates).
- Workforce and organizational capability (trained teams, supervisors, HSE routines), subject to normal employment terms.
- Commercial pipeline and order backlog, and the company’s market position and brand reputation in its operating regions.
- Supplier and disposal/processing relationships relevant to compliant handling of regulated waste streams.
Note: Client names, detailed contracts, and the full asset register are shared under NDA as part of the transaction process.
The setup is designed for project-based mobilization with teams and equipment deployed to client sites. Facilities are located in Bergen (HQ) and Oslo, with lease terms that are renewable and scalable depending on growth and capacity requirements.
- Debt/loans: The company has no interest-bearing debt or bank loans outstanding. Working-capital items (trade payables/taxes) arise in the normal course of business.
- Shareholders/ownership: The company is primarily promoter‑owned, with one shareholder holding 90% of the equity. The remaining 10% of shares are held by a key employee.
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2 weeks, 1 day agoM&A Advisor, London, M&A Advisor connected with the Business
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Earlier than 15 daysFounder, Architectural Firm, Tirana, Individual Investor / Buyer connected with the Business
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Earlier than 15 daysManaging Director, Scrap Metal, Żejtun, Individual Investor / Buyer connected with the Business