Advisor to Total Facade & Total Window on sale to Novedo
Norvara advised the owners of Total Famad Stockholm AB including its subsidiary Total Fönsterrenovering Stockholm AB (
About the Company
Total Facade was founded in 2015 and is a total contractor for facade maintenance and renovation in Stockholm, which includes façade, windows, balconies and roofing & sheet metal. The company's customers are primarily property owners and tenant-owner associations.
Total Farad sales in 2021 amounted to SEK 137 million with an EBITDA profit of approximately SEK 16 million.
Current management and owner will continue to operate Total Facade together with Novedo.
About the Acquirer
Novedo is a acquisitions-driven group that since 2021 has acquired and developed companies where the entrepreneur wants to sell his company and continue to operate it.
Novedo acquires Total Facade
