Founded in 2012 by brothers Daniel and David Skalin, NVBS is a challenger in the Nordic rail infrastructure market.

NVBS has a full-service offering covering all rail-related services (groundwork, track, electric, signal and telecom) combined with best-in-class project management provided across both projects and maintenance. The Company operates in a market with significant underlying growth, driven by the need to maintain and upgrade rail infrastructure assets. NVBS has approximately 100 employees and is headquartered in Stockholm, Sweden.

Segulah V invested in NVBS Rail AB in April 2020 to back the founders and the management team in the continued growth journey targeting above market organic growth and M&A.