Net Solution Partner Sweden AB joins XPartners
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.
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.
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
