Evolver and Bsv arkitekter & ingenjerer AB create a new multi-disciplinary player in Environment & Civil Engineering
On April 30, Evolver Fund I became the new majority shareholder in Värnamo-based Bsv arkitekter & ingenjerer AB. Bsv is a leading architectural and technical consulting company in southern Sweden, with a strong focus on the environment and community building. The company has a turnover of approximately SEK 110 million. The deal is the first building block in the creation of a nationwide, multidisciplinary technology consulting group within Environment & Civil Engineering through the acquisition of a local industry-leading company. The deal is the fund’s third investment.
The management of bsv, Johnny Grauengard, Mikael Rigert, Tom Eriksson and Mikael andersson, with the deal becomes a significant shareholder in the new group and continues to lead the operational work of bsv under its own brand. The ambition is to continue to grow organically and develop the customer offer together with industry-leading colleagues around Sweden.
Johnny Grauengard, CEO of bsv, sees great opportunities with the deal: “The deal gives us new tools to continue developing the brand bsv architects & engineers at a completely different pace than what we have been able to do before, which feels both gratifying and exciting at the same time. As co-founders of the new group of companies with Evolver as the main owner, we can realize bsv’s vision of becoming complete in each region, develop our current market areas and through the group become an actor in the entire Swedish market”, says Johnny Grauengaard, CEO of bsv.
“Evolver looks forward to continuing to develop the business both geographically and disciplinaryly together with the management of bsv. With its recognized driven management, wide range of skills and its clear commitment to sustainability, bsv is an excellent platform for continued consolidation. With bsv as a base, we will build a modern group of companies where local industry-leading companies gather and collaborate supported by a small and efficient group staff. The companies continue to operate their local businesses under their own brands but benefit from each other’s customer relationships, resources and domain knowledge to grow individually and as a group. We believe that the new company can and will play a central role in the transition to a sustainable society”, says Peter Lindstrom, Partner at Evolver.
For further information please contact:
• Peter Lindström, Partner Evolver, phone +358 457 344 2284
• Johnny Grauengaard, CEO bsv, phone +46 703 42 48 88
About bsv architects & engineers
Bsv is not a traditional architectural firm or construction consultancy. The company provides a customer offering representing a wide range of skills including architects, civil engineers, civil engineers, university engineers, physical planners, fire and risk engineers as well as energy and environmental engineers. By capturing, understanding and realizing the customer’s wishes and needs, bsv creates projects with a high architectural and technical standard where rooms and design contribute to the greatest quality of life. The company employs 95 employees in Värnamo, Jönköping, Borås, Motala, Kalmar, Växjö, Nässjö and Gothenburg.
www.bsv.se
About Evolver Equity
Evolver is an investment company specialized in buyout investments in small and medium-sized Nordic companies. Evolver helps owner-managed companies realize their potential by providing knowledge, tools and capital for expansion and sustainable value creation. Since 2009, Evolver has completed around thirty corporate transactions. Evolver is a manager of alternative investment funds registered with the Financial Supervisory Authority of Finland and a member of the Finnish venture capital association FVCA.
www.evolverequity.com
