Eleda's management and the largest owners, Johan Halvardsson and Peter Condrup, agreed to acquire a stake in Eleda, a group focusing on civil engineering, contract, and other infrastructure services, from Triton, a private equity investment firm. Financial terms were not disclosed. “Through the creation of Eleda, our Nordic Triton Smaller Mid-Cap team and the company’s board have in a joint effort with management succeeded in transforming four companies leading in their respective regional geographies into a national platform with a corporate culture marked by a strong entrepreneurial spirit and coherent processes. We are happy that the management team, who have remained significant shareholders throughout TSM’s ownership, are ready to continue this successful journey,” Andi Klein, Investment Advisory Professional and Triton Smaller Mid-Cap Fund responsible.