Peter Andersson has been appointed as the new CFO for Xpartners. Peter has previously held leading positions in the civil engineering sector and most recently comes from a role as CFO at Netel Group and before that as CFO for Eleda Group.

– I am full of anticipation and really look forward to collaborating with the various companies and contributing to their development as well as the entire group’s development, says Peter.

Peter Andersson takes up the new position as CFO for Xpartners on April 2, 2024. With industry knowledge and experience from several companies with strong growth, and through his role on Xpartner’s board, he has both good insight into the business already today, and knows what is required for to create conditions and opportunities for Xpartners to expand.

– Peter has a background that shows a high drive, business focus and experience in creating an efficient and market-ready finance function. He will be an important addition to Xpartner’s management with exactly the experience we need in the expansive phase we are in, says Olle Bertfelt, CEO of Xpartners.

Peter has been active in the service and contracting industry for over 25 years, including the last few years as CFO at the infrastructure company Netel. Before that, Peter has worked at Peab, Strabag and Eleda, among others. During his professional activities, Peter has also been involved in IPOs as well as several acquisitions and sales processes of companies.

– This assignment will require curiosity and humility in the face of the great knowledge that the various companies possess. My task is to contribute to building structure and creating synergies, without renouncing entrepreneurship so that we can grow both quickly and profitably, says Peter and continues:

– It is a fantastic opportunity to be part of Xpartner’s journey. The company has already made several acquisitions of interesting companies and my focus will be to create an efficient and high-quality finance function that supports the group’s continued development.

About XPartners

XPartners Samhällsbyggnad was founded in spring 2021, and currently includes 15 companies with a presence in large parts of Sweden. The group today generates approximately SEK 850 million in turnover and has approximately 550 employees. In April 2023, investment fund Axcel joined XPartners as a new capital-strong majority shareholder to support XPartners in driving growth, including by adding additional technology consulting companies to XPartners. In addition to Axcel, XPartners is primarily owned by former shareholders of the respective companies that make up XPartners.

www.xpartners.se

The technology consulting group XPartners Samhällsbyggnad AB (“XPartners”) is expanding the group with two new companies Wavecon AB (“Wavecon”) and Vibroakustik Sverige AB (“Vibroakustik”) on January 16, 2024, and with this expansion will have approximately 550 employees. With this deal, we are strengthening the XPartners group in terms of resources within environmental impact and expanding geographically so that after the deal we are present in all of Sweden. The group will have a turnover of approx. SEK 850m and these companies also work actively with sustainability, which will further strengthen XPartners as a group in the area.

Since spring 2021, the XPartners group has worked to create a nationwide multidisciplinary community building platform where different companies, skills, people and cultures collaborate for higher exchange in their work with the transition to a more sustainable society. The business model is based on value creation through collaboration and entrepreneurship, where each company preserves its own identity, but benefits from the advantages that group affiliation provides. The owners of the companies that join become part-owners of XPartners together with the largest owner, which is the Nordic private equity company Axcel, and they continue the ongoing operational work of their own company under their own brand. Through our domain knowledge, digital understanding and commitment to sustainability, we will help make Sweden a leading country in the environment, social construction and infrastructure.

Olle Bertfelt, XPartners CEO, says: “It is with pleasure that we welcome Wavecon and Vibroakustik to the XPartners family. I feel proud of the collaboration platform we built in a short time, and all the talented entrepreneurs who have since joined us. With Wavecon and Vibroakustik, together with our company KMP, we become a significant player in the field of environmental impact and have the conditions to further strengthen our customer offering. With these new companies in the group, we continue our growth journey, which is completely in line with the XPartners group’s long-term strategy to become a significant consulting player with a strong focus on sustainability. Together, we can accelerate and develop what both customers, industry and society need, and also contribute to long-term development for our employees.”

Mikael Johansson, Wavecon’s CEO, says: “Our journey has been exciting and eventful in many ways. We want to move forward, we want to offer more genuine, passionate and driven people the opportunity to work with us. Our conviction is that XPartners is absolutely the right way forward. “

Tony Larsson, Vibroakustik’s CEO, says: “Becoming part of XPartners gives us a unique opportunity to expand and develop further. Through the collaboration, we gain access to significant resources and a larger market, while at the same time we can continue to focus on our core business in noise and vibration analysis. It is a strategic direction to strengthen our position and continue to deliver high-quality services to our customers.”

For further information please contact:

• Olle Bertfelt, CEO XPartners, tel. +46 70 645 50 50
• Mikael Johansson, CEO Wavecon, tel. +46 721 884 197
• Tony Larsson, CEO Vibroakustik, phone +46 70 357 63 63

About Wavecon

Wavecon AB is a consulting company that offers qualified project and consulting services in two different areas. Environmental controls for construction projects is one, where they establish risk analyzes and manage its control programs that are followed before, during and after vibration and noise generating construction projects. Wavecon leads the entire assignment from risk analysis to the final report summarizing how the construction project affected the environment. In the company’s second unit, metrology services are performed within various construction projects, such as design measurement, construction and facility measurement, quantity calculations and track/railway measurement, etc.

www.wavecon.se

About Vibroacoustics

Vibroakustik is a consulting company specialized in reducing environmental impact and improving the work environment through its advanced measurement and analysis services. Within environmental impact, they take a holistic approach to environmental challenges, with an emphasis on risk analyses, inspections and measurement and analysis of noise and vibrations. Their work aims to ensure that major construction and infrastructure projects comply with environmental requirements and that the negative impacts on the environment are minimized. When it comes to the work environment, Vibroakustik works to identify and analyze various environmental factors that can affect workplaces and homes. They carry out measurements to map levels of noise, vibration, dust and electromagnetic radiation and develop tailor-made solutions and measures that comply with applicable laws and standards

www.vibroakustik.se

About XPartners

XPartners Samhällsbyggnad was founded in the spring of 2021, and previously included 13 companies
presence in large parts of Sweden. The group today generates approximately SEK 830 million in turnover and has approximately 530 employees. In April 2023, the investment fund Axcel joined XPartners as a new capital-strong main owner to support XPartners to drive growth, including by adding additional technology consulting companies to XPartners. In addition to Axcel, XPartners is primarily owned by former shareholders of the respective companies that make up XPartners.

www.xpartners.se

The technology consulting group XPartners Samhällsbyggnad AB (“XPartners”) expanded the group with three new companies on April 27, 2023, and with this expansion will be represented throughout Sweden, from north to south, with approximately 400 employees. With this deal, we strengthen the XPartners group both in terms of competence and resources, and our range of services is broadened within infrastructure and electrical planning. The group will have a turnover of approx. SEK 600m and all companies work actively with sustainability, which will further strengthen XPartners as a group in the area.

Since the spring of 2021, the XPartners group has worked to create a nationwide multidisciplinary community building platform where different companies, skills, people and cultures collaborate for higher exchange in their work with the transition to a more sustainable society. The business model is based on value creation through collaboration and entrepreneurship, where each company preserves its own identity, but benefits from the advantages that group affiliation provides. The owners of the joining companies become part-owners in XPartners together with the Nordic private equity company Axcel (which takes over as a new main owner in XPartners in connection with the transactions, together with former main owner Evolver), and continue the ongoing operational work in their own companies during their own brands. Through our domain knowledge, digital understanding and commitment to sustainability, we will help make Sweden a leading country in the environment, social construction and infrastructure.

Olle Bertfelt, XPartners CEO, says: “It is with pleasure that we welcome Infra Action, MSIB and Viz architects to the XPartners family. I feel proud of the collaborative platform we built in a short time together with Evolver and all talented entrepreneurs. It has been especially fun to see the interaction between the companies spontaneously develop and lead to more and better business. With these three new companies in the group, we continue to expand geographically and disciplinaryly, which is completely in line with the XPartners group’s long-term strategy to become a significant consulting player with a strong sustainability focus. Together, we can accelerate and develop what both customers, industry and society need, and also contribute to long-term development for our employees.”

Peter Lindstrom, Partner at Evolver, says: “Evolver’s vision is that every company we get involved in should reach its true potential. When XPartners is now structurally and volume-wise entering a new phase of its growth journey, the time is right to also adapt the ownership structure and give the company optimal conditions for the future. We are therefore very happy to switch over the main ownership to Axcel and continue our involvement from a minority position.”

For further information please contact:

• Olle Bertfelt, CEO XPartners, tel. +46 70 645 50 50
• Magnus Trollius, CEO Infra Action, tel. +46 70 108 93 00
• Peter Granberg CEO MSIB, tel. +46 70 779 90 24
• Anna Lindqvist, CEO VIZ Arkitekter, tel. +46 70 371 54 45

About Infra Action
Infra Action is a value-driven group, which develops and provides customer support services for a sustainable future in the construction, construction, energy and industrial sectors. We mainly offer services in project/construction/design management and construction inspection. Today, our growing business has 120 employees in 13 locations from Kiruna in the north to Gothenburg in the south.
www.infraaction.se

About MSIB
msib was founded in 1974 and today with its 25 employees offers consulting services in electricity, telecommunications, security and lighting facilities in the construction sector. We work in all business areas with both public and private clients. We have certified projectors in all security facilities (fire alarm, UTM, burglar alarm, CCTV facilities) but also in lighting design.
www.msib.se

About VIZ Architects
The VIZ architectural office consists of around 20 employees in several areas of expertise such as architects, structural engineers, interior architects and project managers, and we also offer statements regarding accessibility, as well as KA services. VIZ arkitekter works with commercial premises, predominantly directly to property owners and often with remodeling in existing properties and tenant adaptations.
www.vizark.se

About XPartners
XPartners Samhällsbyggnad was founded in the spring of 2021, and since then includes BSV architects & engineers, Hedström & Taube, KMP, Contekton, Fidell and Toofab.
www.xpartners.se

About Evolver Equity
Evolver is an investment company specialized in buyout investments in small and medium-sized Nordic companies. Since 2009, Evolver has completed around thirty corporate transactions.
www.evolverequity.com

About Axcel
Axcel was founded in 1994 and is a Nordic private equity company that focuses on medium-sized companies in four sectors: technology, industry and services, healthcare and consumer. Axcel has a broad base of both Nordic and international investors and has raised six funds with total capital commitments of EUR 2,8 billion. These funds have made 68 platform investments, more than 200 add-on acquisitions and 48 divestitures. Axcel currently owns 20 companies and is in the process of raising its seventh fund.
For more information, visit www.axcel.dk

The technology consulting group XPartners Samhällsbyggnad AB (“XPartners”) is expanding the group with a new company B& B Bro & Betong Projektledning AB (“Bro & Betong”) on November 14, 2023, and with this expansion will have approximately 440 employees. With this deal, we strengthen the XPartners group both in terms of competence and resources, and our range of services is broadened within infrastructure and urban development. The group will have a turnover of approx. SEK 670m and all companies work actively with sustainability, which will further strengthen XPartners as a group in the area.

Since spring 2021, the XPartners group has been working to create a nationwide multidisciplinary community building platform where different companies, skills, people and cultures collaborate for higher exchange in their work with the transition to a more sustainable society. The business model is based on value creation through collaboration and entrepreneurship, where each company preserves its own identity, but benefits from the advantages that group affiliation provides. The owners of the companies that join become part-owners of XPartners together with the largest owner, which is the Nordic private equity company Axcel, and they continue the ongoing operational work of their own company under their own brand. Through our domain knowledge, digital understanding and commitment to sustainability, we will help make Sweden a leading country in the environment, social construction and infrastructure.

Olle Bertfelt, XPartners CEO, says: “It is with pleasure that we welcome Bro & Betong to the XPartners family. I feel proud of the collaboration platform we built in a short time, and all the talented entrepreneurs who have since joined us. It has been especially fun to see the interaction between the companies spontaneously develop and lead to more and better business. With this new company in the group, we continue our growth journey, which is completely in line with the XPartners group’s long-term strategy to become a significant consultancy with a strong focus on sustainability.

Together, we can accelerate and develop what both customers, industry and society need, and also contribute to long-term development for our employees.”

For further information please contact:

• Olle Bertfelt, CEO XPartners, tel. +46 70 645 50 50
• Magnus Tengblad, CEO Bro & Betong, tel. +46 760 29 02 70

About Bridge & Concrete
Bro & Betong Projektledning AB is a consulting company that offers qualified project and construction management services within infrastructure and urban development. The services include several stages of the construction process, such as preliminary study, investigation, system document, construction document, production and handover, and the company works actively with continuous improvements and follows the ISO requirements for quality and environmental management.
Bro & Betong participates in many of Mälardalen’s major socially important infrastructure projects, and clients include the City of Stockholm, Ports of Stockholm, the Swedish Transport Administration and the new subway.
www.brobetong.se

About XPartners
XPartners Samhällsbyggnad was founded in the spring of 2021, and previously included 9 companies
presence in large parts of Sweden. The group today generates approximately SEK 600 million in turnover and has approximately 400 employees. In April 2023, the investment fund Axcel joined XPartners as a new capital-strong main owner to support XPartners to drive growth, including by adding additional technology consulting companies to XPartners. In addition to Axcel, XPartners is primarily owned by former shareholders of the respective companies that make up XPartners.
www.xpartners.se

About Axcel
Founded in 1994, Axcel is a Nordic private equity company that focuses on medium-sized companies in four sectors: technology, industry and services, healthcare and consumer. Axcel has a broad base of both Nordic and international investors and has raised six funds with total capital commitments of 3 billion euros. These funds have made 70 platform investments, more than 300 add-on acquisitions and 49 divestitures. Axcel currently owns 21 companies and is in the process of raising its seventh fund.
For more information, visit www.axcel.dk

The technology consulting group XPartners Samhällsbyggnad AB (“XPartners”) expanded the group with three new companies on April 27, 2023, and with this expansion will be represented throughout Sweden, from north to south, with approximately 400 employees. With this deal, we strengthen the XPartners group both in terms of competence and resources, and our range of services is broadened within infrastructure and electrical planning. The group will have a turnover of approx. SEK 600m and all companies work actively with sustainability, which will further strengthen XPartners as a group in the area.

Since the spring of 2021, the XPartners group has worked to create a nationwide multidisciplinary community building platform where different companies, skills, people and cultures collaborate for higher exchange in their work with the transition to a more sustainable society. The business model is based on value creation through collaboration and entrepreneurship, where each company preserves its own identity, but benefits from the advantages that group affiliation provides. The owners of the joining companies become part-owners in XPartners together with the Nordic private equity company Axcel (which takes over as a new main owner in XPartners in connection with the transactions, together with former main owner Evolver), and continue the ongoing operational work in their own companies during their own brands. Through our domain knowledge, digital understanding and commitment to sustainability, we will help make Sweden a leading country in the environment, social construction and infrastructure.

Olle Bertfelt, XPartners CEO, says: “It is with pleasure that we welcome Infra Action, MSIB and Viz architects to the XPartners family. I feel proud of the collaborative platform we built in a short time together with Evolver and all talented entrepreneurs. It has been especially fun to see the interaction between the companies spontaneously develop and lead to more and better business. With these three new companies in the group, we continue to expand geographically and disciplinaryly, which is completely in line with the XPartners group’s long-term strategy to become a significant consulting player with a strong sustainability focus. Together, we can accelerate and develop what both customers, industry and society need, and also contribute to long-term development for our employees.”

Peter Lindstrom, Partner at Evolver, says: “Evolver’s vision is that every company we get involved in should reach its true potential. When XPartners is now structurally and volume-wise entering a new phase of its growth journey, the time is right to also adapt the ownership structure and give the company optimal conditions for the future. We are therefore very happy to switch over the main ownership to Axcel and continue our involvement from a minority position.”

For further information please contact:

• Olle Bertfelt, CEO XPartners, tel. +46 70 645 50 50
• Magnus Trollius, CEO Infra Action, tel. +46 70 108 93 00
• Peter Granberg CEO MSIB, tel. +46 70 779 90 24
• Anna Lindqvist, CEO VIZ Arkitekter, tel. +46 70 371 54 45

About Infra Action
Infra Action is a value-driven group, which develops and provides customer support services for a sustainable future in the construction, construction, energy and industrial sectors. We mainly offer services in project/construction/design management and construction inspection. Today, our growing business has 120 employees in 13 locations from Kiruna in the north to Gothenburg in the south.
www.infraaction.se

About MSIB
msib was founded in 1974 and today with its 25 employees offers consulting services in electricity, telecommunications, security and lighting facilities in the construction sector. We work in all business areas with both public and private clients. We have certified projectors in all security facilities (fire alarm, UTM, burglar alarm, CCTV facilities) but also in lighting design.
www.msib.se

About VIZ Architects
The VIZ architectural office consists of around 20 employees in several areas of expertise such as architects, structural engineers, interior architects and project managers, and we also offer statements regarding accessibility, as well as KA services. VIZ arkitekter works with commercial premises, predominantly directly to property owners and often with remodeling in existing properties and tenant adaptations.
www.vizark.se

About XPartners
XPartners Samhällsbyggnad was founded in the spring of 2021, and since then includes BSV architects & engineers, Hedström & Taube, KMP, Contekton, Fidell and Toofab.
www.xpartners.se

About Evolver Equity
Evolver is an investment company specialized in buyout investments in small and medium-sized Nordic companies. Since 2009, Evolver has completed around thirty corporate transactions.
www.evolverequity.com

About Axcel
Axcel was founded in 1994 and is a Nordic private equity company that focuses on medium-sized companies in four sectors: technology, industry and services, healthcare and consumer. Axcel has a broad base of both Nordic and international investors and has raised six funds with total capital commitments of EUR 2,8 billion. These funds have made 68 platform investments, more than 200 add-on acquisitions and 48 divestitures. Axcel currently owns 20 companies and is in the process of raising its seventh fund.
For more information, visit www.axcel.dk

Stockholm-based Toofab AB has on May 31 joined the technology consulting group XPartners Samhällsbyggnad AB. Toofab becomes the sixth company to join the group, and with the deal, the XPartners group is further strengthened in terms of competence and resources and grows to roughly 230 employees and almost SEK 340 million in turnover, and is now established in twelve locations in Sweden. The owners of Toofab become partners in XPartners and continue the operational work in their own company under their own brand. The capital investment company Evolver Equity is behind the XPartners group

The deal closely follows the investments in Bsv arkitekter & ingenierer, Hedström & Taube, KMP, Contekton and Fidell, and constitutes another important step in Xpartner’s ambition to create a nationwide multidisciplinary community building operator with a focus on sustainability and diversity in the built environment. XPartners will continue to expand geographically and disciplinaryly, both organically and through additional acquisitions, and the business model is based on value creation through collaboration and intrapreneurship, where each company maintains its own identity but benefits from the advantages that group membership provides.

Olle Bertfelt, XPartners CEO, is happy about the deal: “Toofab is a very well-structured company with clear leadership, and where they have developed a work process that delivers with high quality, and which will become an additional strong partner within the Xpartners group. We continue our expansion and strengthen and broaden the group’s knowledge and expertise through our collaboration. Together, we develop and deliver what both the customers and the industry need, and contribute to the sustainable development of our employees, companies and the entire society.”

Magnus de Verdier, CEO of Toofab, sees great prospects for exchange and business opportunities with XPartner’s investment: “Becoming part of this context means that we can partly share our approach to creating a sustainable industry, and partly continue to develop and strengthen the Toofab brand at a completely different pace than we have been able to before. Today, we stand firmly on a platform with fantastically competent employees, and the company breathes forward thinking and development more than ever. Today we have assignments from Skellefteå in the north to Lund in the south, and becoming part of XPartner means that we can staff our assignments with key competence from the group’s other companies, which feels extremely satisfying. In addition, during the past four years we have worked actively to develop the company’s business management system and ISO-certified ourselves, which I see as a significant contribution to XPartner, when it comes to the group’s requirements according to the ESG criteria, for example.”

“Evolver think it is important to invest in a sustainable built environment. The market for technology consulting services is facing a large demand driven by urbanization, digitalization and the transition to sustainability. We look forward to continuing to develop XPartners geographically and disciplinaryly together with the management and are convinced that the company will play a prominent role in the sustainability transition. We are inspired and proud to be part of and contribute to that development”, says Peter Lindstrom, XPartners chairman of the board and Partner at Evolver.

For further information please contact:
• Olle Bertfelt, CEO, [XPartners], tel. +46 70 645 50 50
• Peter Lindström, Partner Evolver Equity, tel. +358 457 344 22 84
• Magnus de Verdier, CEO Toofab, tel. +46 773 381 42 08

About Toofab

Toofab’s vision is to be the obvious partner for Sweden’s property owners.
Toofab assists private and public utility clients with competence and experience to plan, implement and realize projects from idea to finished product. The services are linked to public environments, residential and commercial properties.
The project portfolio includes assignments from the pre-study stage to planning, calculation, procurement, implementation, financial follow-up, handover and follow-up of real estate development projects. Our roles in these consist of, for example, agent, project developer, project, planning and construction manager as well as installation coordination, “due diligence” tasks, control responsibility (PBL), construction environment coordination and more.
The company’s quality and environmental management system is certified according to ISO 9001:2015 and ISO 14001:2015, which is a key factor for the company’s success.
www.toofab.se

About Xpartners

XPartners Samhällsbyggnad was founded in the spring of 2021, and is a multidisciplinary collaboration platform for sustainable building and is based on the basic philosophy of “the big little company”, where value creation takes place through collaboration between autonomous companies. Behind XPartners is the capital investment company Evolver Equity.
www.xpartners.se

About Evolver Equity

Evolver Equity is an investment company specialized in buyout investments in small and medium-sized Nordic companies. Evolver helps owner-managed companies realize their potential by providing knowledge, tools and capital for expansion and sustainable value creation. Since 2009, Evolver has completed around 30 corporate transactions. Evolver is a manager of alternative investment funds registered with the Financial Supervisory Authority of Finland and a member of the Finnish Venture Capital Association.
www.evolverequity.com

On November 19, Stockholm-based Fidell AB joined the technology consulting group XPartners Samhällsbyggnad AB. Fidell is the fifth company to join the group. With the deal, the XPartners group is further strengthened in terms of competence and resources and grows to almost SEK 300 million in turnover. The employees of Fidell become partners in XPartners and continue the operational work in their own company under the Fidell brand. The capital investment company Evolver Equity is behind the XPartners group.

The deal closely follows the investments in Bsv arkitekter & ingenierer, Hedström & Taube, KMP and Contekton and constitutes another important step in XPartners’ ambition to create a nationwide multidisciplinary civil engineering actor with a focus on sustainability and diversity in the built environment. After the deal, the XPartners group has a combined pro forma turnover of approximately SEK 300 million, just over 200 employees and a broad customer offering with establishments in twelve locations in the southern, western and eastern parts of the country. XPartners will continue to expand geographically and disciplinary, both organically and through add-on acquisitions.

XPartner’s business model is based on the basic philosophy of “the big little company” and value creation through collaboration and intrapreneurship, where each company maintains its own identity but benefits from the advantages that group membership and a common service organization provide in areas such as personnel development and financial management.

Olle Bertfelt, XPartners’ CEO is happy about the deal: “Fidell is a high-performing company with value-driven leadership and a commitment to sustainability that resonates with what we are inspired by at XPartners. We are off to a flying start and have established a strong foundation for continued expansion. Through collaboration, we leverage our collective knowledge to meet customer needs and continue to grow, individually and as a group.”

Daniel Eriksson, CEO of Fidell, sees great opportunities with the deal: “The deal gives us new tools to continue developing the Fidell brand at a completely different pace than we have been able to before, which feels both gratifying and exciting at the same time. We are now becoming more competent within our region and through the group become an actor in the entire Swedish market. The customer is given access to the best excellence and through the sovereignty of the brands we believe that the top personalities can continue to be available to them. I am proud to have the opportunity to challenge the industry’s consolidation and development in this way,” says Daniel Eriksson, CEO at Fidell.

“Evolver thinks it is important to invest in a sustainable built environment. The market for technology consulting services is facing a large demand driven by urbanization, digitalization and the transition to sustainability. We look forward to continuing to develop XPartners geographically and disciplinaryly together with the management and are convinced that the company will play a prominent role in the sustainability transition. We are inspired and proud to be part of and contribute to that development,” says Peter Lindstrom, XPartners chairman of the board and Partner at Evolver.

For further information please contact:
• Olle Bertfelt, CEO, XPartners, tel. +46 70 645 50 50
• Peter Lindström, Partner Evolver Equity, tel. +358 457 344 22 84
• Daniel Eriksson, CEO Fidell, tel. +46 72 979 90 41

About Fidell
Fidell is a technical consulting company specializing in real estate and industries based on benefit in society and creating a sustainable future for everyone. The focus is to work with data centers, community buildings and property development. The market is meeting with project management services that are particularly focused on installation. Fidell leads processes with solutions and systems that make buildings work – for real! Fidell is run and developed by its staff and has been appointed DI-Gasell 2 subsequent years.
www.fidell.se

About XPartners
XPartners Samhällsbyggnad was founded in the spring of 2021 through a number of business deals where Värnamo-based Bsv arkitekter & ingenjörer AB, Stockholm-based Hedström & Taube AB and KMP Konsult AB and Vänersborg-based Contekton Fyrstad AB joined the group. XPartners is a multidisciplinary collaboration platform for sustainable construction and is based on the basic philosophy of “the big little company”, where value creation takes place through collaboration between autonomous companies. Behind XPartners is the capital investment company Evolver Equity.
www.xpartners.se

About Evolver Equity
Evolver Equity is an investment company specialized in buyout investments in small and medium-sized Nordic companies. Evolver helps owner-managed companies realize their potential by providing knowledge, tools and capital for expansion and sustainable value creation. Since 2009, Evolver has completed around 30 corporate transactions. Evolver is a manager of alternative investment funds registered with the Financial Supervisory Authority of Finland and a member of the Finnish Venture Capital Association.
www.evolverequity.com

On April 30, Evolver Fund I became the new majority shareholder in Värnamo-based Bsv arkitekter & ingenjerer AB. Bsv is a leading architectural and technical consulting company in southern Sweden, with a strong focus on the environment and community building. The company has a turnover of approximately SEK 110 million. The deal is the first building block in the creation of a nationwide, multidisciplinary technology consulting group within Environment & Civil Engineering through the acquisition of a local industry-leading company. The deal is the fund’s third investment.

The management of bsv, Johnny Grauengard, Mikael Rigert, Tom Eriksson and Mikael andersson, with the deal becomes a significant shareholder in the new group and continues to lead the operational work of bsv under its own brand. The ambition is to continue to grow organically and develop the customer offer together with industry-leading colleagues around Sweden.

Johnny Grauengard, CEO of bsv, sees great opportunities with the deal: “The deal gives us new tools to continue developing the brand bsv architects & engineers at a completely different pace than what we have been able to do before, which feels both gratifying and exciting at the same time. As co-founders of the new group of companies with Evolver as the main owner, we can realize bsv’s vision of becoming complete in each region, develop our current market areas and through the group become an actor in the entire Swedish market”, says Johnny Grauengaard, CEO of bsv.
“Evolver looks forward to continuing to develop the business both geographically and disciplinaryly together with the management of bsv. With its recognized driven management, wide range of skills and its clear commitment to sustainability, bsv is an excellent platform for continued consolidation. With bsv as a base, we will build a modern group of companies where local industry-leading companies gather and collaborate supported by a small and efficient group staff. The companies continue to operate their local businesses under their own brands but benefit from each other’s customer relationships, resources and domain knowledge to grow individually and as a group. We believe that the new company can and will play a central role in the transition to a sustainable society”, says Peter Lindstrom, Partner at Evolver.

For further information please contact:
• Peter Lindström, Partner Evolver, phone +358 457 344 2284
• Johnny Grauengaard, CEO bsv, phone +46 703 42 48 88

About bsv architects & engineers
Bsv is not a traditional architectural firm or construction consultancy. The company provides a customer offering representing a wide range of skills including architects, civil engineers, civil engineers, university engineers, physical planners, fire and risk engineers as well as energy and environmental engineers. By capturing, understanding and realizing the customer’s wishes and needs, bsv creates projects with a high architectural and technical standard where rooms and design contribute to the greatest quality of life. The company employs 95 employees in Värnamo, Jönköping, Borås, Motala, Kalmar, Växjö, Nässjö and Gothenburg.
www.bsv.se

About Evolver Equity
Evolver is an investment company specialized in buyout investments in small and medium-sized Nordic companies. Evolver helps owner-managed companies realize their potential by providing knowledge, tools and capital for expansion and sustainable value creation. Since 2009, Evolver has completed around thirty corporate transactions. Evolver is a manager of alternative investment funds registered with the Financial Supervisory Authority of Finland and a member of the Finnish venture capital association FVCA.
www.evolverequity.com

Vänersborg-based Contekton Arkitekter Fyrstad AB and Stockholm-based Hedström & Taube and KMP Konsult AB have on June 23 joined the newly formed technical consulting group XPartners Samhällsbyggnad AB. Through the additional acquisitions, the group is strengthened in terms of competence and geography and grows to almost a quarter of a billion kroner in turnover. The companies’ key personnel become partners in the XPartners group and continue to lead the operational work in each company under their own brand. The capital investment company Evolver Equity is behind the XPartners group.

The three deals closely follow Evolver’s investment in Värnamo-based Bsv arkitekter & ingénjerer AB on April 30, a deal that formed the starting point for the plan to build a nationwide multidisciplinary civil engineering player with a focus on the sustainability of the built environment through the acquisition of locally leading architectural and technical consulting companies. With a combined proforma turnover of SEK 235 million, 170 employees, a broad customer offering and operating locations in twelve locations in southern, western and east-central Sweden, the companies form a solid platform for continued acquired and organic growth.

XPartner’s business model is based on the basic philosophy of “the small big company” and value creation through collaboration and intrapreneurship, where each company preserves its identity but benefits from the advantages that group affiliation and the support of a joint service organization provide in areas such as personnel development and financial management.

Olle Bertfelt, XPartners CEO, is happy about the deals: “KMP, Contekton and Hedström & Taube are all established, high-performing companies with value-driven leadership and a commitment to sustainability that resonates with what we are inspired by at XPartners. We’ve gotten off to a flying start and have established a good foundation for continued expansion. Through collaboration, we leverage our collective knowledge to meet customer needs and continue to grow, individually and as a group.”
“Evolver thinks it is important to invest in a sustainable built environment. The market for technology consulting services is facing a large demand driven by urbanization, digitalization and the transition to sustainability. We look forward to continuing to develop XPartners geographically and disciplinaryly together with the management and are convinced that the company will play a prominent role in the sustainability transition. We are inspired and proud to be part of and contribute to that development,” say Peter Lindstrom, XPartners chairman of the board and Partner at Evolver.

For further information please contact:
• Olle Bertfelt, CEO, XPartners, tel. +46 70 645 50 50
• Peter Lindström, Partner Evolver Equity, phone +358 457 344 22 84
• Anders Patriksson/Peter Bergmann, Contekton, tel. +46 70 826 87 04/70 826 87 02
• Jonas Rondin, CEO, Hedström & Taube, tel. +46 70 641 11 57
• Magnus Johansson KMP Consultant, tel. +46 70 090 48 56
• Johnny Grauengaard, CEO Bsv, tel. +46 703 42 48 88

About KMP Konsult
KMP Konsult AB, founded in 1999, delivers control, measurement and project management services with emphasis on surrounding environmental impact in connection with construction and civil engineering works. The company operates nationwide from Stockholm and Örebro, has roughly 20 employees and in 2020 had a turnover of approx. SEK 38m with good profitability.
www.kmpkonsult.se

About Hedström & Taube
The Hedström & Taube group, founded in 1996, offers all types of project management in construction. The company operates in Stockholm and Uppsala, has approx. 30 employees and in 2020 had a turnover of approx. SEK 56m with good profitability.
www.htprojekt.se

About Contekton Architects
Contekton Arkitekter Fyrstad AB, founded in the mid-1970s in Vänersborg, offers qualified services in all types of architectural assignments, has approx. 25 employees and had a turnover of approx. SEK 2020m in 31 with good profitability.
www.contekton.com

About bsv architects & engineers
Bsv Arkitekter & Ingenjörer AB, founded in 1969, is an architectural and technical consulting company with a focus on the environment and community planning. The company is located in eight locations in southern and central Sweden with headquarters in Värnamo, has approx. 95 employees and had a turnover of approx. SEK 2020m in 111 with good profitability.
www.bsv.se

About XPartners
XPartners is a new technology consultancy group in the civil engineering sector. The group is a collaborative platform where different companies, skills, people and cultures work together to create a more sustainable society. The X in XPartners is a symbol of the collaboration that pervades the group. With “the X as a forum”, the Xpartner companies add breadth, knowledge and competence to their customer offering, which is particularly important for meeting the global environmental and sustainability challenges.

About Evolver Equity
Evolver is an investment company specialized in buyout investments in small and medium-sized Nordic companies. Evolver helps owner-managed companies realize their potential by providing knowledge, tools and capital for expansion and sustainable value creation. Since 2009, Evolver has completed around 30 corporate transactions. Evolver is a manager of alternative investment funds registered with the Financial Supervisory Authority of Finland and a member of the Finnish Venture Capital Association.
www.evolverequity.com