Announced
Financials
Tags
Domestic
Acquisition
Sweden
Mechanical and Electrical Maintenance
Private
Single Bidder
Majority
Pending
Private Equity
infrastructure maintenance
Friendly
Synopsis
KLAR Partners-backed underground infrastructure maintenance activities of Oleter Group, a provider of property damage restoration services, and underground infrastructure maintenance activities of Swoosh, a provider of services in decontamination, trunk renovation, high-pressure flushing, inspection, advice and preventive measures, agreed to form UIM group. Financial terms were not disclosed. The group will continue to provide UIM cleaning and maintenance through flushing and inspection, as well as maintenance and repair, to commercial, residential and public customers across Sweden.
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