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.”

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

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

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

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

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

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

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

About XPartners

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

www.xpartners.se

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

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

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

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

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

For further information please contact:

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

About Wavecon

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

www.wavecon.se

About Vibroacoustics

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

www.vibroakustik.se

About XPartners

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

www.xpartners.se

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

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

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

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

For further information please contact:

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

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

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

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

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

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

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

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

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

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

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

For further information please contact:

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

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

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

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

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

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

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

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

For further information please contact:

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

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

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

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

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

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

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