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Castik Capital acquires majority stake in Aider

The European private equity fund Castik Capital has acquired a majority stake in the Norwegian accounting and consulting firm Aider. More than 160 employees will retain a collective 45 per cent ownership stake. We are proud to have assisted Castik Capital as legal advisors in this transaction.

Founded in 2019, Aider has rapidly grown and established itself as a leading player in accounting and advisory services. The company serves over 9,000 clients and employs more than 1,100 people. Founders Andreas Vik and Knut Grotli will continue in their roles as CEO and Chairman of the Board, respectively.

Nordic expansion ambitions

With Castik as the majority owner, Aider will gain significant access to capital to continue its growth journey, both in Norway and with ambitions to become a Nordic player. Aider has also recently secured long-term financing through a bond issue of NOK 1.6 billion.

Simen Opsal, Investment Partner at Castik, stated in a press release: "Aider has proven its ability to attract talent, clients, and future partners. In a short period, they have built a unique company culture and become leaders in their niche. We are thrilled at the opportunity to partner with the Aider team and contribute to the company’s continued growth."

Congratulations to all involved!

You can read the full press release here.

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