IK Investment Partners acquired BST Brandskyddsteamet from Infrea.

IK Investment Partners has acquired BST Brandskyddsteamet, a leading Swedish provider of active fire protection services, from Infrea. Financial terms were not disclosed. The founders and management team will remain as shareholders. BST provides a wide range of sprinkler system services, including consultancy & design, installation and repair & maintenance. Through its strong local presence across Sweden with a full-service offering and blue-chip client base, the Company has established a solid market position. The Swedish sprinkler market has experienced strong growth historically and is expected to continue to grow at a high pace driven by favourable trends such as tightening regulation, increased safety awareness and urbanisation. “Despite its relatively young age, BST has established itself as a Swedish market leader within the fire protection market. We are truly impressed with the management team and all of BST’s employees, and we look forward to supporting the company as it continues on its growth trajectory,” Kristian Carlsson Kemppinen, IK Investment Partner.