The technology consulting group XPartners expands the group with the specialist consulting company Acerail. The number of employees thus increases to almost 1000, and the total annual turnover is expected to reach over SEK 1,8 billion. Through the acquisition, XPartners broadens its offer with specialist services in infrastructure and sustainable solutions for civil engineering.

“It is with great joy we welcome AceRail to the XPartners family. That our collaboration platform attracts talented entrepreneurs and specialists is something we are very proud of and AceRail will fit well into our strategy for collaboration.” says, Sonny Mirborn, XPartners CEO,

Since spring 2021, XPartners has worked to develop a multidisciplinary community building platform where various specialized companies and individuals 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 within the group continues to conduct its business under its existing brand, but benefits from the advantages that group membership provides.

“XPartners is now growing with the acquisition of AceRail, a specialist consulting company in infrastructure with expertise in, among other things, track-related assignments for the public sector, which significantly strengthens the group’s offer in infrastructure. AceRail and XPartners can together develop solutions that society needs at the same time as we contribute to long-term development for our employees” say Sonny Mirborn.

“Joining XPartners is a step towards long-term cooperation to strengthen the company’s position and brand. Through the partnership, we ensure growth, create new opportunities for expansion and can better meet customers’ needs. We look forward to combining our strengths and creating an even stronger and more successful organization,” says Daniel Nilsen, CEO AceRail.

For information please contact:

• Sonny Mirborn, CEO XPartners, tel. +46 706395092
• Daniel Nilsen, CEO AceRail, tel. +46 70 636 41 00

About AceRail AB

AceRail AB is a consulting company founded in 2013 that specializes in infrastructure with services such as project management, construction management, planning, data coordination, contract inspection. AceRail has, among other things, been involved in projects such as replacement of the Söderströms bridge, expansion of a new subway, new subway and bus depots, double track extensions, and other infrastructure projects. The company has a broad customer base primarily within infrastructure in the public sector.
www.acerail.se

About XPartners

XPartners Samhällsbyggnad was founded in the spring of 2021, and previously included 26 companies
presence throughout the Nordics. The group today generates approximately SEK 1,8 billion in turnover and has approximately 1000 employees. In April 2023, the investment fund Axcel joined XPartners as a new capital-strong main owner to support the group’s growth journey, among other things by adding additional technology consulting companies to XPartners. In addition to Axcel, XPartners is mainly 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 4 billion euros. These funds have made 73 platform investments, more than 300 add-on acquisitions and 53 divestitures. Axcel currently owns 19 companies.
For more information, visit www.axcel.dk

Technology consulting group XPartners continues to grow through the acquisition of Norwegian Negota, experts in legal project consulting. The number of employees thus increases to almost 1000, and the total annual turnover is expected to reach approximately SEK 1,8 billion. Through the acquisition, XPartners enters the Norwegian market and thereby extends its reach to the entire Nordic region.

“We are very happy to announce that XPartners is taking a significant step towards becoming a Nordic group by entering the Norwegian market. Negota is a highly regarded organization that complements our business, strengthens our legal expertise and improves our customer offering with contract advice across the Nordic region,” says Sonny Mirborn, CEO at XPartners.

Since spring 2021, XPartners has worked to develop a platform for community development, where different companies and specialists collaborate to create greater synergies in the work towards a more sustainable society. The business model is based on value creation through collaboration and entrepreneurship, where each company continues to operate under its existing brand but benefits from the advantages of being part of a larger group.

“We are very pleased to welcome the entire Negota team to the XPartners family. The acquisition contributes to our work to promote a sustainable society and is fully in line with our long-term strategy to become a leading consulting platform in both the Nordics and Europe. We look forward to the collaboration and achieving new successes together,” says Sonny Mirborn.

Negota was founded in Norway and operates in both Norway and Finland. The company specializes in contract management, business legal services and offers in-house lawyers and contract managers, mainly for larger private companies.

“We are extremely happy to become part of XPartners and look forward to working together towards common goals. We will continue to focus on delivering outstanding results to our customers. I look forward to exploring new opportunities together with our employees and partners and creating an even stronger and more successful organization,” says Marie Lislerud Midtfjeld, CEO at Negota.

For more information, please contact:
· Sonny Mirborn, Group CEO XPartners, tel. +46 706395092
· Marie Lislerud Midtfjeld, CEO Negota AS, tel. +47 97066049

About Negota AS

Negota are experts in legal project consultancy and operate in Norway and Finland. The company offers its customers support in contract management and business legal issues during the implementation of the project and works for both clients and suppliers. Negota has offices in Halden, Oslo and Helsinki.

www.negota.no

About XPartners

XPartners was founded in spring 2021 and consists of 24 companies with operations in Sweden, Finland, Denmark and Norway. The group currently generates around SEK 1,8 billion in turnover and has around 1000 employees. In April 2023, the investment fund Axcel became the new majority shareholder in XPartners to support the group’s growth journey, including adding additional technology consulting companies to XPartners. Apart from Axcel, XPartners is mainly owned by the former shareholders of the respective companies that make up XPartners.
www.xpartners.se

About Axcel

Axcel was founded in 1994 and is a Nordic private equity company that focuses on medium-sized companies within
four sectors: technology, industrial 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 4
billion euros. These funds have made 73 platform investments, more than 300 add-on acquisitions and 53
divestments. Axcel currently owns 19 companies.
For more information, visit www.axcel.dk

The technology consulting group XPartners grows further with Aqvila and M& E Engineering (M& E) joining the group. The number of employees thus increases to over 970 and the total turnover is expected to reach approximately SEK 1.7 billion. Through the acquisitions, XPartners takes the step into the Danish market and broadens its presence in the Nordic region.

“Together with Aqvila and M& E, we can continue to accelerate and develop the solutions that our customers and society need. Through our services, we create the conditions to drive the transition forward and maximize the effect of sustainable initiatives“, say Olle Bertfelt, XPartners CEO.

Since the spring of 2021, XPartners has worked to create a nationwide multidisciplinary community building platform where different companies, skills and people 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 continues to conduct its business under the same brand as it did before, but benefits from the advantages that group membership provides.

“We are very pleased to welcome Aqvila and M& E to the XPartners family. Through these acquisitions, we broaden our offer while at the same time taking the step into the Danish market. The acquisitions are fully in line with our long-term strategy to become a leading consultancy throughout the Nordics.” say Olle Bertfelt.

Aqvila was founded in Århus in 2010, and is active in Denmark and the rest of Europe. The company specializes in delivering complete solutions and advice, from initial planning to project management for mainly larger industrial projects.

“It is with great joy and enthusiasm that we look forward to becoming part of the XPartners group, and to working together towards common goals. We will continue to focus on delivering outstanding results to our customers and look forward to working with our employees and partners to explore new opportunities and create an even stronger and more successful organization.”, says Morten Johansen, CEO Aqvila.

M& E Engineering was founded in 1998 and has a comprehensive range of expert services in electric power. The company operates in several major projects, including bridge and tunnel construction as well as house building projects.

“We are pleased to continue our success story with a new owner. Together with our new colleagues, we will continue to develop our business and create added value for both our customers and employees. We see great opportunities to grow and strengthen our position in the market together with XPartners, and I am convinced that we are facing an exciting growth journey”, says Jan Moller Hansen, CEO M& E Engineering.

For information please contact:

• Olle Bertfelt, CEO XPartners, tel. +46 70 645 50 50
• Morten Johanssen, CEO Aqvila A/S, tel. +45 53 71 51 30
• Jan Møller Hansen, CEO M& E Engineering A/S, tel. +45 2023 1955

About Aqvila A/S

Aqvila is a well-known construction consultancy company in Denmark that carries out assignments both in Denmark and the rest of Europe. The company offers its customers full service projects and consultation, all the way from planning to construction project management for mainly larger industrial projects and within Life Science. Aqvila consists of Aqvila Construction A/S and Aqvila Consult Hungary Kft and has its headquarters in Aarhus, as well as local offices in both Copenhagen and Budapest.

www.aqvila.dk

About M& E Engineering A/S

M& E is an established consulting company in Denmark and offers its customers a wide range of expert services in electric power, and operates in several large bridge, tunnel and house construction projects. The company has around 20 employees with expertise in electric power and offers services such as planning of low and high voltage installations, project management, consultancy, analysis and commissioning.

www.mee.dk

About XPartners

XPartners Samhällsbyggnad was founded in spring 2021 and includes 24 companies, with a presence in both Sweden and Finland. The group today generates approximately SEK 1.7 billion in turnover and has approximately 970 employees. In April 2023, the investment fund Axcel joined XPartners as a new capital-strong main owner to support the group’s growth journey, among other things 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/en

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 4 billion euros. These funds have made 73 platform investments, more than 300 add-on acquisitions and 51 divestitures. Axcel currently owns 22 companies.
For more information, visit www.axcel.dk

The technology consulting group XPartners Samhällsbyggnad AB (“XPartners”) is expanding the group with a new company Ensucon AB (“Ensucon”) on August 15, 2024, and with this expansion there will be approximately 690 employees in Sweden. With this deal, the XPartners group is strengthened with services in the areas of environment, work environment and sustainability. The group has a turnover of approx. SEK 1,35 billion with approx. 900 employees in Sweden and Finland, and all companies work actively with sustainability, which further strengthens XPartners as a group in the area.

Since spring 2021, the XPartners group has worked to create a nationwide and Nordic 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: “We are very happy to welcome Ensucon to XPartners, and I am very proud of the collaboration platform we have quickly built, and of all the talented entrepreneurs who have joined us. It has been particularly fun to see how the interaction between the companies have grown spontaneously and led to more and better business. XPartners is now growing with the acquisition of Ensucon, a competent consulting company with a focus on the environment, work environment and sustainability, which is completely in line with our long-term strategy. Together, we can accelerate and develop solutions that both customers, industry and society need, while at the same time contributing to long-term development for our employees“

Richard Sallermo, CEO Ensucon, tells; “Ensucon is excited about the opportunity to become part of the Xpartner family and all its family members. Through this, Ensucon gets the opportunity to develop and develop with a genuine and committed partner in Environment and Sustainability. Our vision is to be the most in-demand employer and consultant within Environment and Sustainability, and our business model will give Xpartner a new dimension to be able to offer our customers. Together with other sister companies within the group, we will be able to offer a serious and forward-looking social construction actor, with a clear focus on sustainable development both within our projects and in our role as an employer. No one can do everything, but everyone can do something, so let’s do it together.” says Rickard Sallermo, CEO Ensucon.

“Continuing to have fun at work and to feel good, while delivering good and fun projects to our customers, is a prerequisite for our business model. This gives us the opportunity to further develop within the Xpartner family” says co-founder Gustav Johansson.

For information please contact:

• Olle Bertfelt, CEO XPartners, tel. +46 70 645 50 50
• Rickard Sallermo, CEO Ensucon, tel. +46 79 337 99 83

About Ensucon AB

Ensucon AB offers services in five different technology areas, where the main focus is on Sustainability; Permits and Waste; Contaminated areas; Water, Air and Natural Environment; Acoustics and vibrations.

Ensucon’s customer base spans a wide range of different clients, and where assignments are found within industry, public clients and infrastructure.

www.Ensucon.se

About XPartners

XPartners Samhällsbyggnad was founded in the spring of 2021, and previously included 19 companies
presence in Sweden and Finland. The group today generates approximately SEK 1,3 billion in turnover and has approximately 800 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 4 billion euros. These funds have made 71 platform investments, more than 300 add-on acquisitions and 50 divestitures. Axcel currently owns 21 companies.
For more information, visit www.axcel.dk

The technology consulting group XPartners Samhällsbyggnad AB (“XPartners”) is expanding the group with a new company Ensucon AB (“Ensucon”) on August 15, 2024, and with this expansion there will be approximately 690 employees in Sweden. With this deal, the XPartners group is strengthened with services in the areas of environment, work environment and sustainability. The group has a turnover of approx. SEK 1,35 billion with approx. 900 employees in Sweden and Finland, and all companies work actively with sustainability, which further strengthens XPartners as a group in the area.

Since spring 2021, the XPartners group has worked to create a nationwide and Nordic 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: “We are very happy to welcome Ensucon to XPartners, and I am very proud of the collaboration platform we have quickly built, and of all the talented entrepreneurs who have joined us. It has been particularly fun to see how the interaction between the companies have grown spontaneously and led to more and better business. XPartners is now growing with the acquisition of Ensucon, a competent consulting company with a focus on the environment, work environment and sustainability, which is completely in line with our long-term strategy. Together, we can accelerate and develop solutions that both customers, industry and society need, while at the same time contributing to long-term development for our employees“

Richard Sallermo, CEO Ensucon, tells; “Ensucon is excited about the opportunity to become part of the Xpartner family and all its family members. Through this, Ensucon gets the opportunity to develop and develop with a genuine and committed partner in Environment and Sustainability. Our vision is to be the most in-demand employer and consultant within Environment and Sustainability, and our business model will give Xpartner a new dimension to be able to offer our customers. Together with other sister companies within the group, we will be able to offer a serious and forward-looking social construction actor, with a clear focus on sustainable development both within our projects and in our role as an employer. No one can do everything, but everyone can do something, so let’s do it together.” says Rickard Sallermo, CEO Ensucon.

“Continuing to have fun at work and to feel good, while delivering good and fun projects to our customers, is a prerequisite for our business model. This gives us the opportunity to further develop within the Xpartner family” says co-founder Gustav Johansson.

For information please contact:

• Olle Bertfelt, CEO XPartners, tel. +46 70 645 50 50
• Rickard Sallermo, CEO Ensucon, tel. +46 79 337 99 83

About Ensucon AB

Ensucon AB offers services in five different technology areas, where the main focus is on Sustainability; Permits and Waste; Contaminated areas; Water, Air and Natural Environment; Acoustics and vibrations.

Ensucon’s customer base spans a wide range of different clients, and where assignments are found within industry, public clients and infrastructure.

www.Ensucon.se

About XPartners

XPartners Samhällsbyggnad was founded in the spring of 2021, and previously included 19 companies
presence in Sweden and Finland. The group today generates approximately SEK 1,3 billion in turnover and has approximately 800 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 4 billion euros. These funds have made 71 platform investments, more than 300 add-on acquisitions and 50 divestitures. Axcel currently owns 21 companies.
For more information, visit www.axcel.dk

The technical consulting group XPartners Samhällsbyggnad AB (“XPartners”) is expanding the group with a new company Teknikkonsulterna i Sundsvall AB (“Tekab”) on June 18, 2024, and with this expansion there will be approximately 615 employees in Sweden. With this deal, the XPartners group is strengthened both geographically and in terms of resources, and in electrical engineering. The group has a turnover of approximately SEK 1,3 billion with over 800 employees in Sweden and Finland, and all companies work actively with sustainability, which further strengthens XPartners as a group in the area.

Olle Bertfelt, XPartners CEO, says: “We are very pleased to welcome Tekab to the XPartners family. I feel great pride in the collaboration platform we have quickly built, and in all the talented entrepreneurs who have joined us. It has been particularly fun to see how the interaction between the companies has developed spontaneously and led to more and better business. XPartners is now growing with the acquisition of Tekab, a competent electrical engineering company based in northern Sweden, which is completely in line with our long-term strategy to become a significant consultant in the entire country. Together, we can accelerate and develop solutions that both customers, industry and society need, while at the same time contributing to long-term development for our employees”

Daniel Östling, CEO Tekab, tells; “This merger is a step towards a long-term collaboration to strengthen the company’s position on the market and also create new opportunities for growth and expansion. It is with great joy and enthusiasm that we look forward to integrating our strengths and working together towards common goals. By becoming part of the XPartners group, we not only strengthen our market position but also our commitment to deliver quality, innovation and sustainable growth. We will continue to focus on our core values ​​of delivering the right product at an attractive cost profile and on time. We look forward to exploring new opportunities together with our employees and partners and creating an even stronger and more successful organization.

For information please contact:

• Olle Bertfelt, CEO XPartners, tel. +46 70 645 50 50
• Daniel Östling, CEO Tekab, tel. +46 70 696 53 41

About the Technical Consultants in Sundsvall AB

Teknikkonsulterna i Sundsvall AB was founded in 2011, and is a consulting company that specializes mainly in project planning within electricity, telecommunications and control systems for properties. Tekab mainly focuses on planning in the areas of power, lighting, telecom/data and security, and also offers services such as production calculations, energy measurement, inspections and calculations. The company’s customers are mainly entrepreneurs, property owners and municipalities.

www.tekab.nu

About XPartners

XPartners Samhällsbyggnad was founded in the spring of 2021, and previously included 19 companies
presence in Sweden and Finland. The group today generates approximately SEK 1,3 billion in turnover and has approximately 800 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 4 billion euros. These funds have made 71 platform investments, more than 300 add-on acquisitions and 50 divestitures. Axcel currently owns 21 companies.
For more information, visit www.axcel.dk

The technology consulting group XPartners Samhällsbyggnad AB (“XPartners”) is expanding the group with a new company Rakennuttajatoimisto HTJ Holding OY (“HTJ”) on June 7, 2024, and with that step into the Finnish market. With this acquisition, XPartners will be expanded to more than 800 employees and will have a turnover of approximately SEK 1,3 billion. The deal strengthens the XPartners group both in terms of competence and resources, and the range of services is broadened within the Nordic region.

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 membership 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 the Nordic region a leader in the environment, community building and infrastructure.

Olle Bertfelt, XPartners CEO, says: “We are very pleased to welcome HTJ to the XPartners family. I feel great pride in the collaboration platform we have quickly built, and in all the talented entrepreneurs who have joined us. That XPartners expands to Finland with the acquisition of HTJ, a competent company with services mainly in project management, is completely in line with our long-term strategy to become a significant consulting player in the entire Nordic region. The acquisition of HTJ is a good platform for continued growth in the Finnish market. Together, we can accelerate and develop solutions that both customers, industry and society need, while at the same time contributing to long-term development for our employees”

Janne Ketola, CEO HTJ, tells “This merger is a step towards a long-term vision to strengthen HTJ’s position in the market and also create new opportunities for growth and innovation. It is with great joy and enthusiasm that we look forward to becoming part of the XPartners group, and to working together towards common goals. By becoming part of the XPartners group, we strengthen our opportunity for both organic and acquisition-driven expansion in Finland. We will continue to focus on delivering outstanding results to our customers and look forward to working with our employees and partners to explore new opportunities and create an even stronger and more successful organization.”

For information please contact:

· Olle Bertfelt, CEO XPartners, tel. +46 70 645 50 50
· Janne Ketola, CEO HTJ OY, tel. +358 40 7664 110

About HTJ OY Finland

HTJ is one of the leading construction consulting companies in Finland and offers its customers a wide range of expert services in construction management, energy and environmental consulting and project management. The company has over 200 employees with expertise in several areas, including construction, infrastructure, and industry, and today has a turnover of approximately 26 million euros. The company is one of the largest independent construction consultants in Finland, and is established all over the country with local offices from north to south, with the head office in Vantaa outside Helsinki.

www.htj.fi

About XPartners

XPartners Samhällsbyggnad was founded in the spring of 2021, and previously included 17 companies
presence in large parts of Sweden. The group today generates approximately SEK 950 million in turnover and has approximately 600 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/en

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 4 billion euros. These funds have made 71 platform investments, more than 300 add-on acquisitions and 50 divestitures. Axcel currently owns 21 companies.
For more information, visit www.axcel.dk

The technology consulting group XPartners Samhällsbyggnad AB (“XPartners”) is expanding the group with a new company Net Solution Partner Sweden AB (“NSP”) on May 21, 2024, and with this expansion will have approximately 600 employees. With this deal, the XPartners group is strengthened both in terms of competence and resources, and the range of services is broadened within infrastructure and the telecom industry. The group will have a turnover of approx. SEK 950m and all companies work actively with sustainability, which further strengthens 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 NSP 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.”

Afshin Monazam, CEO NSP, tells, “This merger is a step towards a long-term vision to strengthen the company’s position in the market and also create new opportunities for growth and innovation. It is with great joy and enthusiasm that we look forward to integrating our strengths and working together towards common goals. By becoming part of the Xpartners group, we not only strengthen our market position but also our commitment to deliver quality, innovation and sustainable growth. We will continue to focus on delivering outstanding results to our customers and look forward to working with our employees and partners to explore new opportunities and create an even stronger and more successful organization.”

For information please contact:

• Olle Bertfelt, CEO XPartners, tel. +46 70 645 50 50
• Afshin Monazam, CEO NSP, tel. +46 70 882 70 00

About Net Solution Partner Sweden AB

Net Solution Partner Sweden AB was founded in 2010, and is a consulting company that focuses primarily on construction and project management as well as planning in the telecom industry. NSP offers expertise and support for projects in three business areas: telecom, energy and real estate, and has a comprehensive service portfolio that includes construction and project management, planning, feasibility studies, contract management, network operation, inspection and optimization, etc. The company’s customers consist of operators, network owners, property owners, system owners and consulting companies, and among the customers are companies such as Tre, Telenor, Cellnex, Huawei, Tele2, and Transtema and others.

www.nspartner.se

About XPartners

XPartners Samhällsbyggnad was founded in the spring of 2021, and previously included 17 companies
presence in large parts of Sweden. The group today generates approximately SEK 950 million in turnover and has approximately 600 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”) is expanding the group with a new company Theta engineering AB (“Theta”) on May 7, 2024, and with this expansion will have approximately 580 employees. With this deal, the XPartners group is strengthened both in terms of competence and resources, and the range of services in rock and construction is broadened. The group will have a turnover of approx. SEK 920m and all companies work actively with sustainability, which further strengthens 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 Theta 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 deals. 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 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.”

Linus Levinson, CEO Theta, tells, “This merger is completely in line with our long-term strategy to connect important partners to us. We see a great advantage to be part of XPartner and its network, it both strengthens us and also enables a bright future as our expertise can be used in the best way in the market. Theta will now become an actor that, both on its own, and together with our partners, will be able to satisfy the market with both niche and specialized competence.”

For information please contact:

• Olle Bertfelt, CEO XPartners, tel. +46 70 645 50 50
• Linus Levinson, CEO Theta, tel. +46 70 632 07 47

About Theta

Theta Engineering AB was founded in 2015, and is a consulting company that complements the market with unique experience of being able to deliver projects under budget and ahead of schedule during the construction phase. Theta offers key personnel with unique expertise in the areas of project management, mining and construction, project management with planning, calculation and cost control, as well as technology. Theta participates in several of the largest infrastructure projects and is specialized in rock and construction, both during the preparation of documents and plans, but above all during implementation. The company has broad competence regarding all project management activities in order to deliver a project together with the customer that complies with the contract, finance, schedule and quality.

www.thetaengineering.se

About XPartners

XPartners Samhällsbyggnad was founded in the spring of 2021, and previously included 16 companies
presence in large parts of Sweden. The group today generates approximately SEK 920 million in turnover and has approximately 580 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 technical consulting group XPartners Samhällsbyggnad AB (“XPartners”) is expanding the group with a new company Projektkompaniet i Motala AB (“Projektkompaniet”) on April 9, 2024, and with this expansion will have approximately 565 employees. With this deal, we are strengthening the XPartners group both in terms of resources and geographically within architecture, construction planning and project management. The group will have a turnover of approx. SEK 890m and all companies work actively with sustainability, which further strengthens 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 Projektkompaniet 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 deals. 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 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.”

Orvar Kristinsson, CEO Projektkompaniet, tells: “We are pleased to announce that we are now part of XPartners. By merging with XPartners, Projektkompaniet takes a strategic step towards new heights and a safer future. Through this partnership, we will strengthen our customer collaboration and ensure resources, quality and sustainability in our projects. The project company will further be able to strengthen its market position with the possibility of a larger and broader customer base, while at the same time we can make our own operations even stronger and safer and give our employees even better conditions and participation.”