DLA Piper has advised the sellers in relation to the acquisition of Swedish cloud-based communications service Efftel by NetNordic, an Oslo-based network, communications, security and cloud services provider backed by Norvestor Equity.

The deal is part of NetNordic's consolidation strategy in the Nordic countries and complements the company's existing service offering.

Following the acquisition of Efftel, NetNordic expects to have a technical platform and organisation that will contribute to its growth expectations.

The DLA Piper Corporate team was led by partner and Head of Corporate in Sweden, Anders Malmström, senior associate Henrik Nobel and associate Kajsa Nilsson.