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Announced

Completed

Sitowise completed the acquisition of Karlsson & Segelstrom Construct.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Merger

Construction Services

Majority

Single Bidder

Private Equity

Private

Completed

Sweden

Acquisition

residential builders

Cross Border

Friendly

Synopsis

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Sitowise, a construction services provider, completed the acquisition of Karlsson & Segelstrom Construct, Swedish residential builders. Which will be merged with Byggnadstekniska Byrån Sverige, Sitowise's Swedish subsidiary. Financial terms were not disclosed. “We believe that Byggnadstekniska Byrån Sverige's broader experience of for example hospitals combined with Karlsson & Segelström Construct AB's strong local presence will allow expansion in structural engineering in the Örebro area," Juha Korteniemi, Sitowise Business Area Director, International Operations.

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