Equip, the Norwegian private equity fund who founded No Dig Alliance, has sold all its shares in NDA to Ambienta – one of Europe’s leading asset managers pioneering investment in environmental sustainability.
Ambienta is one of Europe’s leading asset managers, pioneering investments in environmental sustainability across both private and public markets, with over €4 billion ($7.17 billion AUD) in assets under management.
Ambienta focuses on investing in and scaling environmental champions and businesses driven by sustainability and has naturally incorporated the exploration of trenchless solutions into its strategy.
Ambienta founding partner and chief investment officer Mauro Roversi said the move has been on Ambienta’s radar for some time.
“We have been exploring the trenchless solutions space for over a decade, recognising the urgent need for adaptive and resilient water systems as climate change intensifies global water stress,” he said.
“Rising urbanisation, stricter regulation, and the push for climate-resilient cities are accelerating demand for cost-effective and low-emission infrastructure solutions. NDA is uniquely positioned to address these needs.”
In 2021 Equip co-founded No Dig Alliance together with Riggtech and Pollex, and over the past four years, they have developed NDA from the ground up, establishing it as the leading trenchless solutions provider in the Nordic region.
No Dig Alliance chief executive Patrik Larsson said Equip has been instrumental in the early stages of the alliance.
“From initiating the company to being committed owners. Their support gave us a strong start and a clear path toward sustainable growth,” he said.
Do you have news for the international trenchless industry? Contact journalist Gerald Lynch at gerald.lynch@primecreative.com.au
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