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Founders divest a majority stake of the data-centre specialist NTC Services to Icon Capital

26/01/2026

Together with Stratema, we are pleased to have assisted the founders and shareholders with their divestment of NTC Services AS to Icon Capital.

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Established in 2005, NTC Services delivers a complete range of data-centre solutions from design and construction to installation, maintenance and technical support. Building on agency operations dating back several years, the company has evolved into a full-service provider offering UPS systems, energy-efficient cooling, server racks, fire suppression systems, power and cabling, backup power, physical security and monitoring. NTC also provides turnkey facilities, high-density solutions, AI-ready implementations and hosting services including co-location, virtual servers, remote desktop solutions and disaster recovery.

Icon Capital is a Norwegian private-equity investor with more than 25 years of experience focused on mid-sized companies in the Nordics. The firm manages over NOK 2 billion in committed capital and operates as an active owner with a clear focus on operational value creation. Icon pursues a collaborative ownership philosophy, working closely with management teams and existing owners as a long-term partner. The firm is currently investing from its eighth fund, with particular emphasis on companies delivering mission-critical services to business, infrastructure and industry.

Authors
Profile image of Andreas Myrstad
Andreas Myrstad
Partner
Profile image of Alexander B. Wintervold
Alexander B. Wintervold
Managing Associate
Profile image of Andreas Ihle
Andreas Ihle
Senior Associate

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