Xynteo, an Oslo, Norway-based strategic advisory firm dedicated to providing sustainability and energy transition services, received a majority investment from Leon Capital.
The amount of the deal was not disclosed.
The family of the founder Osvald Bjelland remains a minority shareholder. The agreement includes the creation of an employee partnership model, with senior employees now becoming owners of the business.
Xynteo is a strategic advisory firm dedicated to providing sustainability and energy transition services to some of the world’s largest companies. Over the last two decades, the firm has served some of the world’s leading businesses and their leaders to achieve planet positive and inclusive growth, tackle complex systemic challenges, and incubate green supply chains. They provide a range of professional services in strategy and innovation, leadership and culture and systems collaboration, including cross sector and value chain-based coalition models. The company operates globally, with offices in the UK, Norway, and India, and serves many of the world’s leading businesses such as ABB, BP, Hindalco, HUL, JLL, Mastercard, SAP, Shell, Tata, Unilever, Verizon, and Visa.
Henrik Madsen, former CEO of DNV, will remain Chairman of Xynteo, and Thorhild Widvey, former Minister of Petroleum and Energy, and Minister of Culture in Norway, will remain on the board of directors.
FinSMEs
22/02/2023