KLAR Partners-backed Sandbäckens to acquire QMG from Adelis.

KLAR Partners-backed Sandbäckens, a Swedish heating and sanitation contractor, agreed to acquire QMG, a provider of technical installation and services within electricity, heating, ventilation, sprinklers and automation, from private equity firm Adelis. Financial terms were not disclosed. "KLAR Partners is an owner with deep sector expertise and experience in developing companies in our industry. We also look forward to forming a significant Nordic player together with Sandbäckens, which gives us the best conditions for our continued growth journey," Kimmo Liukkonen, QMG CEO.