XPartners publishes bond prospectus and applies for admission to trading of bonds on Nasdaq Stockholm

NOT INTENDED FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN THE UNITED STATES. NOT INTENDED FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, TO ANY PERSON IN ANY JURISDICTION WHERE RELEASE, PUBLICATION OR DISTRIBUTION TO SUCH PERSON IS RESTRICTED BY ANY LAW OR REGULATION APPLICABLE IN SUCH JURISDICTION. THIS ANNOUNCEMENT IS NOT AN OFFER TO SELL OR ISSUE OR INVITATION TO PURCHASE OR SUBSCRIBE FOR, OR ANY SOLICITATION OF AN OFFER TO PURCHASE OR SUBSCRIBE FOR, ANY SECURITIES.

On 26 June 2025, XPartners Group AB (publ) (“XPartners”) issued senior secured floating rate bonds due 2029 with ISIN SE0025197908 in the amount of SEK 3,000 million (the “Initial Bonds”).

On 26 January 2026, XPartners issued additional senior secured floating rate bonds due 2029 with ISIN SE0025197908 in the amount of SEK 1,000 million by way of a first tap issue, and on 9 June 2026, XPartners issued further additional senior secured floating rate bonds due 2029 with ISIN SE0025197908 in the amount of SEK 400 million by way of a second tap issue (together with the Initial Bonds, the “Bonds”), thereby bringing the total issue amount of the Bonds to SEK 4,400 million.

Pursuant to the terms and conditions of the Bonds, XPartners has undertaken to apply for admission to trading of the Bonds on the corporate bond list of Nasdaq Stockholm. For this purpose, XPartners has prepared a listing prospectus, which today has been approved by the Swedish Financial Supervisory Authority (Sw. Finansinspektionen). The prospectus is available at XPartners’ website and at the Swedish Financial Supervisory Authority’s website (www.fi.se). The application for admission to trading on Nasdaq Stockholm has been submitted and the first day of trading of the Bonds is estimated to be around 16 June 2026.

XPartners has successfully placed subsequent senior secured floating rate bonds of SEK 400 million

NOT INTENDED FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN THE UNITED STATES. NOT INTENDED FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, TO ANY PERSON IN ANY JURISDICTION WHERE RELEASE, PUBLICATION OR DISTRIBUTION TO SUCH PERSON IS RESTRICTED BY ANY LAW OR REGULATION APPLICABLE IN SUCH JURISDICTION. THIS ANNOUNCEMENT IS NOT AN OFFER TO SELL OR ISSUE OR INVITATION TO PURCHASE OR SUBSCRIBE FOR, OR ANY SOLICITATION OF AN OFFER TO PURCHASE OR SUBSCRIBE FOR, ANY SECURITIES.

XPartners Group AB (publ) (“XPartners”) has today successfully placed subsequent senior secured floating rate bonds in an amount of SEK 400 million (the “Additional Bonds”) by way of a tap issue in respect of XPartners’ outstanding senior secured floating rate bonds due 2029 with ISIN SE0025197908. The tap issue was initiated by reverse enquiries.

Following the issue of the Additional Bonds, the total outstanding amount of the bonds will increase to SEK 4,400 million. The Additional Bonds were placed at an issue price of 100.50% (plus accrued interest).

The net proceeds from the Additional Bonds will be used (directly or indirectly) to finance or refinance general corporate purposes, including acquisitions.

XPartners intends to list the Additional Bonds on the Corporate Bond List of Nasdaq Stockholm.

ABG Sundal Collier, Danske Bank and Nykredit acted as Joint Bookrunners in connection with the tap issue. BAHR acted as legal counsel to the Joint Bookrunners, and Bruun & Hjejle acted as legal counsel to XPartners.

Finnish cost management consultancy Costa Laskenta joins XPartners

XPartners Costa

XPartners continues to develop its Finnish platform and welcomes Costa Laskenta to the group. The company adds specialist expertise in cost estimation and cost management, a discipline that has so far been missing within the group and that is increasingly in demand.

Costa was founded in 2019 and is headquartered in Helsinki, with additional offices in Jyväskylä, Joensuu and Seinäjoki. The company specialises in quantity surveying and cost estimation and supports clients through all phases of construction projects, from early budget estimates to tender estimating and cost monitoring during construction. The company employs approximately 20 specialists, and revenue amounted to EUR 1.8 million in 2025.

“Costa brings specialist expertise in cost estimation and cost management that we have previously lacked within the group. It is a discipline of growing importance to both developers and contractors, and Costa delivers it with high precision in the Finnish market. The company fits well into our Finnish platform and creates clear opportunities for collaboration with several of our companies,” says Vesa Koskelainen, Managing Director of XPartners Finland.

The company’s clients span the entire construction sector. Contractors engage Costa primarily for quantity surveying and tender estimating, while developers seek early budget estimates and ongoing cost management. A central part of the offering is the company’s cost information model, which links cost estimation with BIM and keeps cost data up to date throughout the project.

“We have built Costa into a strong specialist in precise tender pricing and quantity surveying, proactive cost management and cost information modelling. As part of XPartners, we see great potential in collaborating with the other companies in the group and reaching new types of assignments, while continuing to develop our own way of working and our offering,” says Ville Jehkonen, CEO of Costa Laskenta.

About Costa Laskenta
Costa Laskenta Oy is a Finnish cost consultancy founded in 2019 and headquartered in Helsinki, with offices in Jyväskylä, Joensuu and Seinäjoki. The company specialises in cost estimation and cost management across all phases of construction projects, with services including quantity surveying, tender estimating, budget estimates, cost management, carbon estimates and cost information models. Its clients primarily include contractors, developers and technical consultants. The company employs approximately 20 specialists.

Danish specialist DEE joins XPartners

XPartners DEE

XPartners is broadening its Danish platform within infrastructure, energy and the public sector by welcoming DEE Teknisk Rådgivning to the group. DEE adds specialist expertise in commissioning, electrical and HVAC engineering as well as technical advisory across the full project lifecycle, from early planning through to operation.

Based in Støvring in Northern Jutland, DEE provides technical advisory and design within electrical, HVAC and ventilation, lighting and energy, complemented by commissioning management and client advisory. The company works as an independent advisor and supports clients throughout the entire technical construction process, from early advisory and design through to supervision, commissioning and handover, with its own specialists delivering the work.

“DEE services customers across the country based on deep customer understanding, solid technical expertise and high quality in deliveries. Its specialization in commissioning and technical advisory complements our Danish platform well and strengthens our Danish network, as well as our presence in Jutland. Having DEE as part of XPartners further expands the opportunities for collaboration across the group to the benefit of customers,” says Rasmus Ødum, Managing Director of XPartners Denmark.

“For us, this is about continuing to develop DEE with the same technical quality and close client dialogue that the business has been built on. As part of XPartners, we gain access to a broader network of specialist companies and new opportunities to take on larger and more complex assignments together,” says Kim Neumann Sørensen, Partner at DEE Teknisk Rådgivning.

About DEE Teknisk Rådgivning
DEE Teknisk Rådgivning ApS is a Danish engineering consultancy founded in 2011. The company employs twelve dedicated specialists and is headquartered in Støvring in Northern Jutland. DEE’s clients primarily include organizations across construction, industry and the public sector, with a focus on infrastructure and energy.

Dutch consultancy Flux Partners joins XPartners

XPartners Flux Partners

XPartners continues to develop its presence in the Netherlands and welcomes Flux Partners to the group. The company provides advisory and project management services to leading clients in energy and infrastructure, with particular strength in technically complex tenders. Flux Partners is the second company to join XPartners in the Netherlands, further strengthening the group’s local platform.

Flux Partners was founded in 2014 and is headquartered in Diemen outside Amsterdam. With around 100 employees, the company provides tender management to contractors and clients in technically complex tenders within energy and infrastructure, including offshore wind, power generation, tunnels, railways and roads. This is complemented by services in project management and control, contract management and procurement, sustainability and circularity, and stakeholder management and environment. Revenue amounted to EUR 13 million in 2025.

“We continue to build our presence in the Netherlands and are very proud that Flux Partners has chosen to join the group. It is a well-run company with solid expertise and a strong market position. Flux Partners shares our view on how a successful consultancy should be built, with skilled specialists, clear business accountability and a strong entrepreneurial spirit. That makes them a natural and very welcome addition to XPartners,” says Sonny Mirborn, CEO of XPartners Group.

The team has participated in more than 700 tenders over more than ten years, with a win rate of above 55 percent. Clients are primarily leading organisations within infrastructure, energy production, grid infrastructure, and the public sector.

“For many years we have worked closely with the companies driving the energy transition and infrastructure development in the Netherlands and across Europe, and seen first-hand how important it is to have the right partner by your side. Joining XPartners gives us the opportunity to continue developing Flux Partners with our own identity and expertise, while gaining access to a broad network of specialist companies and new collaborative opportunities. That creates real opportunities for both our employees and clients,” says Michel Verlaan, CEO of Flux Partners.

About Flux Partners
Flux Partners is a Dutch consultancy founded in 2014, headquartered in Diemen outside Amsterdam. The company specialises in tender management, project management and control, contract management and procurement, sustainability and circularity, and stakeholder management within energy, infrastructure and non-residential construction.

Danish port engineering consultancy A1 Consult joins XPartners

XPartners A1 Consult

XPartners is expanding its Danish platform within infrastructure and welcomes A1 Consult to the group. The company adds deep specialist expertise in port and marine engineering, coastal protection and climate adaptation, and strengthens XPartners’ position within marine and civil engineering in Denmark.

A1 Consult was founded in 2007 and is headquartered in Randers. The company specialises in ports, coastal protection, climate adaptation, infrastructure and utilities, and provides technical advisory across all project phases, from feasibility studies and design through permitting, construction management and operational follow-up. Clients include public authorities, municipalities, industrial ports and contractors across Denmark. The company employs around twenty people.

“A1 Consult has built a well-regarded position in a segment where technical depth and long experience are decisive. Their expertise complements our Danish platform in a concrete way and strengthens our overall offering within infrastructure. We see good opportunities for collaboration with other companies in the group and look forward to welcoming A1 to XPartners,” says Rasmus Ødum, Managing Director of XPartners Denmark.

The company works on complex civil and marine engineering projects and has solid experience from assignments in port environments and along the Danish coastline.

“We have worked in ports and marine engineering since 2007 and know what it takes in that type of assignment. Becoming part of XPartners gives us access to a broader network and better conditions to take on more complex projects, without losing what makes A1 who we are: a strong culture, specialist technical expertise and a firm focus on delivery,” says Ulrik Max Jørgensen, CEO of A1 Consult.

About A1 Consult
A1 Consult A/S is a Danish engineering consultancy founded in 2007 and headquartered in Randers. The company specialises in port and marine engineering, coastal protection, climate adaptation, infrastructure and utilities, and provides advisory across all project phases. Clients include public authorities, municipalities, industrial ports and contractors across Denmark. The company employs around twenty people.

Swedish consultancy SiO Signalteknik joins XPartners

XPartners SiO Signalteknik

XPartners welcomes Swedish technical consultancy SiO Signalteknik to the group, further strengthening its offering within railway infrastructure. Through SiO, the group adds specialist expertise in signalling systems and traffic control.

SiO Signalteknik provides consultancy services to the railway sector, with a focus on signalling systems and traffic control. Its service offering includes design, internal and safety reviews, commissioning inspections, site supervision (BPU), assessment, Factory Acceptance Testing (FAT), and training services. The company is a well-established player with long-standing client relationships and recurring assignments. Founded in 2011, SiO is headquartered in Hedemora and has local offices in Borlänge and Gothenburg. The company has 14 employees and generated revenue of approximately SEK 22 million in 2025.

“We are very pleased to welcome SiO Signalteknik to XPartners. The company adds specialist expertise in an attractive niche area and strengthens our offering within the railway sector in a very good way,” says Magnus Trollius, Managing Director of XPartners Sweden.

The company operates across Sweden and has experience from projects in, among other locations, Nyköping, Hallsberg, Sundsvall, Uppsala, Björkliden and Kiruna.

“Through XPartners, we gain new opportunities for collaboration and knowledge-sharing with other specialist companies. This supports our continued development and strengthens our offering to clients within railway infrastructure,” says Hans Holmberg, CEO of SiO Signalteknik.

About SiO Signalteknik
SiO Signalteknik is a Swedish technical consultancy within railway infrastructure, specialising in signalling systems and traffic control. Founded in 2011, the company is headquartered in Hedemora and has local offices in Borlänge and Gothenburg. SiO provides services including design, internal and safety reviews, commissioning inspections, site supervision (BPU), assessment, Factory Acceptance Testing (FAT), and training services.

Swedish Jezierski & Fors joins XPartners

XPartners Jezierski & Fors

XPartners continues to strengthen its platform within engineering and design and welcomes Jezierski & Fors to the group. The company is a fast-growing technical consultancy with specialist expertise in project management, structural engineering, scanning and 3D modelling, with a clear focus on infrastructure.

Jezierski & Fors was founded in 2015 and has more than 25 employees, with its head office in Malmö and an office in Solna. The company provides services including construction and project management, contract inspection, structural engineering, scanning and 3D modelling, and construction health and safety coordination. Its clients are primarily active in infrastructure, residential and commercial real estate. Annual revenue amounts to just over SEK 35 million.

“Jezierski & Fors is a strong specialist company with a relevant service offering in several areas where we continue to see solid demand. Their expertise complements our group well and further strengthens our position in infrastructure, residential and commercial real estate alike. We also see strong potential for collaboration with other companies within XPartners,” says Magnus Trollius, Managing Director of XPartners Sweden.

“We have built Jezierski & Fors with a focus on quality, long-term client relationships and a clear specialist profile. Becoming part of XPartners feels like a natural next step for us. We gain a platform for continued development, new opportunities for collaboration and access to a broader context, while continuing to run the business with the same commitment and close client relationships,” says Morgan Larsson, CEO of Jezierski & Fors.

About Jezierski & Fors
Jezierski & Fors is a technical consultancy specialising in construction and civil engineering, with a clear focus on infrastructure. The company provides services in construction and project management, contract inspection, structural engineering, scanning and 3D modelling, and construction health and safety coordination. Jezierski & Fors was founded in 2015, has over 25 employees, and is headquartered in Malmö with an office in Solna.

Finnish project and construction management consultancy Proviko joins XPartners

XPartners Proviko

XPartners continues to develop its Finnish platform and welcomes Proviko to the group. Based in Tampere, the company offers project management and construction consultancy with strong expertise in demanding public procurement and large infrastructure projects.

Founded in 2019, Proviko is headquartered in Tampere and has an office in Helsinki. The company offers services in project management, project planning, public procurements, design management and construction management, focusing on large and demanding public infrastructure projects. Its operations are particularly focused on transport infrastructure, the water and wastewater sector, and ports. Proviko has around 30 employees.

– Proviko brings strong expertise in public infrastructure project and construction management services and is an important addition to our Finnish platform. The company has a clear market role, a strong entrepreneurial spirit and a stable customer base. Proviko strengthens our presence in a strategically important area and creates good opportunities for cooperation with other group companies, says Vesa Koskelainen, Managing Director of XPartners Finland.

Proviko has established a strong position in large public projects in Finland and works closely with public sector clients throughout the full lifecycle of projects.

– We have built Proviko with great care for both the quality of our services and how we develop our people. Through XPartners, we gain access to a broader context and new opportunities for collaboration. We will continue to develop the company based on our own culture, way of working and high-quality project management expertise, says Hannu Kokkonen, co-founder of Proviko.

About Proviko
Proviko is a Finnish project and construction management consultancy specialising in large and demanding public infrastructure projects. The company was founded in 2019, is headquartered in Tampere, and has an office in Helsinki. Its service offering includes project management, project planning, public procurement, design and construction management, and management consulting. Its operations are particularly focused on transport infrastructure, the water and wastewater sector, and ports.

Norwegian technical consulting firm VIAM joins XPartners

XPartners VIAM

XPartners is strengthening its Norwegian platform within technical project management by welcoming VIAM Norge AS to the group. The company adds specialist expertise in technical project management and ITB, complemented by a broader offering in technical advisory and project support.

Based in Kjellstad outside of Drammen, VIAM provides services within technical project management and ITB, as well as procurement and contracts, project support, requirement and functional specifications, follow-up of commissioning, due diligence and technical construction management. The company also offers services within design management, energy management and energy certification. Revenue in 2025 amounted to more than NOK 25 million.

“VIAM adds specialist expertise that fits well with the continued development of our Norwegian platform. The company has a strong offering within technical project management and ITB, complemented by services that broaden the group’s capabilities in Norway,” says Christian Nørgaard Madsen, Managing Director of XPartners Norway.

Founded in 2021, VIAM helps customers create structure and coordination in technically demanding projects, with services spanning planning, procurement, commissioning follow-up and technical construction management.

“Becoming part of XPartners marks an exciting new chapter for VIAM. We look forward to continuing to develop our business as part of a broader group of specialist companies and to contributing with our expertise in technical project management and ITB,” says Rune Gulbrandsen, co-founder of VIAM.

About VIAM
VIAM is a technical consulting firm based in Kjellstad outside of Drammen. Founded in 2021, the company provides services within technical project management and ITB, including procurement and contracts, project support, requirement and functional specifications, follow-up of commissioning, due diligence, technical construction management, design management, and energy-related advisory services.