It had revenues of NOK 281 million in 2021, and has a strong growth and profitability record over many years. Nextron has supplied more than 30,000 servers to technologically demanding customers such as universities, research centres, engineering firms, cloud operators, etc.
– We are delighted to get Axxelerator onboard as owners. Their long-term perspective and extensive experience will make us well poised for further development and growth, says Nextron founder and CEO, Geir Elstad.
Axxelerator Capital is a Norwegian investment company that invests in established and profitable SMEs headquartered in Norway. Axxelerator generally adopts an indefinite time horizon, with a focus on developing long-term value. Axxelerator seeks to contribute to company growth and profitability in partnership with company management. The Axxelerator team has more than 80 years’ experience from direct investment in, and active ownership of, SMEs.