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

Sonny Mirborn has been appointed as the new Group CEO for XPartners Samhällsbyggnad AB (“XPartners”). Sonny has previously held several leading positions in companies with strong growth and has good experience in leading and implementing a strong and profitable expansion, often driven by acquisitions. He comes most recently from a role as Group CEO for listed Alcadon Group AB, and has previously held leading positions within the serial acquirer Addtech, as well as companies such as CTM Lyng and Rutab.

-“I look forward to this assignment with great confidence and am honored by the trust I have received, to contribute to XPartner’s continued success”, says Sonny Mirborn.

Sonny Mirborn will take over as CEO of XPartners in October 2024. With his experience as CEO of several companies with a clear acquisition agenda and in strong growth, in both listed and unlisted environments, he knows what is required to create the conditions for XPartners to grow in a fast acquisition rate and expand according to a clear plan in a decentralized environment.

– “The background that Sonny has shows a high drive and a strong business focus and experience in leading companies through an expansive journey. We look forward to his contribution to securing XPartner’s development towards the target image and vision we have for the entire company”, says Mats Paulsson, Chairman of the Board of XPartners, and continues: “I also want to thank current CEO Olle Bertfelt, who will remain until Sonny takes over, for his excellent work in laying the foundation for a solid XPartners.”

Current Group CEO Olle Bertfelt will continue to be involved in XPartner’s future development by stepping into the role of regular board member.
– “I feel positive and confident that Sonny will step in as the new CEO, and have full confidence that he will take XPartners forward according to the plan for expansion and to develop our decentralized business model. ” says Bertfelt.

During his career, Sonny has been involved in building and developing businesses in Europe and has completed many acquisitions, integrations and sales processes.
– “The group’s development is impressive, and it will be very interesting to work closely with entrepreneurs and management to further develop XPartners”, says Sonny. “With humility, I note that a solid foundation has been laid through a well-functioning decentralized organization, built from some of the strongest companies in the industry, which creates the conditions for continued positive development.”

About XPartners

XPartners Samhällsbyggnad was founded in spring 2021, and currently includes 19 companies with a presence in large parts of Sweden and Finland. The group today generates approximately SEK 1,3 billion in turnover and has approximately 800 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

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 seven 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

Hugo Tullberg Wengholm has been appointed as the new Head of M& A for Xpartners Samhällsbyggnad AB. Hugo has previously held several leading positions within M& A and business development, and has good experience in leading and implementing acquisitions through the entire M& A process. He most recently came from a role as CSO Strategy Manager with responsibility for M& A and business development group management at Layer Group AB, and before that for several years in leading roles within M& A at the listed Coor Service Management.

– I am really looking forward to becoming part of Xpartners and to working together with the entrepreneurs in the companies, the central team, and the owners, to contribute to the entire group’s development and expansion. I really like the decentralized model in Xpartners, where the entrepreneurs who sell their companies become co-owners – it’s a good basis for finding positive cooperation effects from being in the same boat. Retaining well-established brands after the acquisitions is also something that is close to my heart because I have seen how important it can be in a local market, says Hugo

Hugo will take up the new position as Head of M& A for Xpartners in August 2024. With Hugo’s experience as an M& A advisor and M& A manager in several companies with strong growth, he knows what is required to create the conditions and opportunities for Xpartners to grow at a rapid pace of acquisition and to expand.

– Hugo has a background that shows a high drive and a strong business focus and experience in identifying and acquiring the type of profitable small and medium-sized companies of high quality that fit into Xpartner’s platform. 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.

Hugo has been active in M& A and expansion for most of his career and has held both operational and strategic roles over the past 10+ years. During his professional activities, Hugo has been involved in building up new businesses across the Nordic region and completed a large number of acquisitions, integrations and sales processes of companies.

– This assignment should be a lot of fun, and I feel both curious and humbled to get to know the entrepreneurs in the group and to take part in the great knowledge that the various companies possess. My task will be to lead the acquisition work together with the team and continue the fine expansion with several acquisitions of the best companies in the industry. The focus will simply be to look for and court profitable and sustainable companies with good leadership and a desire to develop – when you find it, it’s a fantastic combination, says Hugo and continues:

– It’s a very fun opportunity to be part of Xpartner’s journey right after a professional owner like Axcel stepped in as a new main investor. I have seen from afar how Xpartners has already made several acquisitions of attractive companies and my focus will be to continue the strong expansion and support the group’s continued development.

About XPartners

XPartners Samhällsbyggnad was founded in spring 2021, and currently includes 17 companies with a presence in large parts of Sweden. The group today generates approximately SEK 950 million in turnover and has approximately 600 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 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.”