Announced

Completed

KLAR Partners completed the acquisition of Sandbäckens from Segulah.

Synopsis

KLAR Partners completed the acquisition of Sandbäckens, a provider of technical installation and servicing of sprinkler, heating and sanitation solutions for buildings, from Segulah, a Swedish private equity fund. Financial terms were not disclosed. "Sandbäckens is a typical example of a company that fits well into KLAR Partner's acquisition strategy. The company offers mission-critical technical installation and service of sprinklers, heating and sanitation, in a resilient and growing market. The company is one of the leading companies in its segment in Sweden and has a strong culture based on clear values that we want to continue to build on. I am convinced that together with the management and employees at Sandbäckens we have the right capabilities to build the Nordic region's leading technical installation and property services company," Fredrik Brynildsen, KLAR Partner.

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