B&B Bro & Betong Projektledning AB joins XPartners
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
