Norstat appoints Mats Beck as Head of Strategy and M&A

“We continue to follow our ambitions to strengthen our position in the market and to accelerate our growth in Europe”, says Knut Aasrud, CEO of Norstat. “We are happy to have found Mats for the position of Head of Strategy and M&A. He is not only very experienced in his field, but also highly motivated to drive the future growth and expansion of Norstat”.

Beck is an experienced Strategy and M&A professional with more than ten years in the field. He joins Norstat Group from the position as Head of M&A in GlobalConnect/IP-Only Group, a digital infrastructure provider with a business that spans across Northern Europe, with 2500 employees and revenues of 5.5 billion NOK. Here, Beck has executed an ambitious M&A agenda combined with corporate development initiatives, in a private equity setting with EQT as supportive and active owners. Beck have also been active in the boardroom, supporting the CEO and Chairman with the role as Secretary to the Board of Directors.

Before GlobalConnect, Beck was a management consultant within strategy and M&A at Capgemini Consulting. Here, he supported Nordic corporates with strategic M&A advisory and conducted buy-side commercial due diligence for private equity owners. He also worked on strategy and transformation assignments for blue chip and mid-sized clients, particularly in the ICT sector. Beck has a versatile educational background within Industrial Engineering, with a Master of Science combining Corporate Finance (major) with Information & Communication technology (minor), from NTNU (Siv.ing) and Australian School of Business.

Mats Beck comments: “I’m really looking forward to joining Norstat. As a leading company in the European market, Norstat is already in a good position to benefit from the many business opportunities. I’m keen on taking a key role in strengthening the strategic positioning of Norstat to further accelerate our growth, and together with our ambitious owners Triton look for further consolidation opportunities in the market.”