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05/2026

Tomagruppen acquired by ISS INTERNATIONAL SERVICE SYSTEM

NORWAY Facility Management EV 1b - 4b NOK

Context

ISS (International Service System) has announced the signing of a definitive agreement to acquire Tomagruppen, a Norwegian integrated facility management services provider. The transaction supports ISS’s growth strategy in the Nordic region and strengthens its position in a market increasingly driven by demand for comprehensive building management, technical services and workplace solutions. The acquisition represents a strategic step for ISS in Norway, complementing its existing presence across the Nordic markets, particularly in Sweden and Denmark. By combining Tomagruppen’s local expertise, established customer relationships and complementary service capabilities with ISS’s international platform, the transaction is expected to enhance ISS’s ability to deliver integrated solutions to a broader range of clients. The combination reflects wider trends in the facility management sector, where organisations are increasingly seeking partners capable of providing consolidated services supported by digital tools, operational efficiency and sustainability expertise. Tomagruppen’s capabilities in property services, technical maintenance and workplace solutions will strengthen ISS’s offering and create additional opportunities across corporate, public-sector and industrial customer segments. Following completion, the companies plan to implement a phased integration programme focused on aligning operational processes, optimising support functions and extending ISS’s digital capabilities across Tomagruppen’s activities. This includes leveraging asset management platforms and building analytics technologies to improve service monitoring, efficiency and customer outcomes. The transaction is expected to create a stronger Nordic facility management platform, combining broader geographic coverage, complementary expertise and enhanced capabilities to address growing demand for sustainable and technology-enabled building services.

Tomagruppen, which reported an EBITDA margin of LOGIN in 2025, is valued in this transaction at an EV/EBITDA multiple of LOGIN, representing a LOGIN to the average currently observed in the Business Services sector (11.1x).

Note that this data is based on contribution from our growing community, composed of M&A and Private Equity professionals, and has been verified by our team to ensure its accuracy.

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Target

Tomagruppen is a Norwegian-origin integrated facility management services provider operating across Scandinavia and selected European markets. The company supports organisations in managing, maintaining and optimising their buildings through an integrated approach combining technical expertise, operational services and support functions under a single contractual framework. Tomagruppen’s service offering covers a broad range of capabilities, including HVAC design and maintenance, electrical infrastructure management, industrial cleaning, landscaping, security services, waste handling and energy optimisation solutions. By consolidating multiple facility requirements within one provider, the company helps customers improve operational efficiency, simplify supplier management and enhance the long-term performance of their assets. The group serves a diversified customer base including commercial real estate owners, industrial companies, public sector organisations, as well as large retail and hospitality operators. Through a network of regional service centres and digital asset management solutions, Tomagruppen provides real-time monitoring, predictive maintenance capabilities and support to ensure compliance with health, safety and sustainability requirements.

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Historical Financials (NOK)

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REFERENCES

Valuation range: EV 1b - 4b NOK

Revenue range: 1b - 3b NOK

EBITDA range: 100M - 200M NOK

Note: This page provides detailed data on a private equity M&A transaction. Detailed and exact financial metrics for the acquisition of Tomagruppen by ISS INTERNATIONAL SERVICE SYSTEM are reserved for mynth community members. Register for free to unlock full data.

Authors: verified mynth contributor (mynth data is contributed by M&A / PE professionals and systematically cross-verified with private deal documents and official press releases).

Press release: view release

Target: tomagruppen

Acquirer: iss international service system