4 bolt-on acquisitions acquired by Sitowise
Four bolt-on acquisitions
June 2022
Sector: Industrial & Business services
Service: M&A
Our role
Financial adviser to Sitowise on four bolt-on acquisitions during 2020-2022: Technology for Infrastructure Projects Sweden AB, Stockholms VVS-Kompetens AB, Mavacon Mark & VA Consult AB, and E60 Elkonsult AB
Buyer
Sitowise Group Oyj (publ) is a Nordic expert in the built environment that offers sustainable design and consulting services. Group sales of approx. EUR 160 million in 2020 with over 1,900 experts. Sitowise is listed on Nasdaq Helsinki since March 2021
Target
Technology for Infrastructure Projects Sweden AB is a technical installation consultant offering comprehensive solutions within infrastructure, community building and industry. Stockholms VVS-Kompetens AB is a Swedish based technical consultancy firm offering services primarily within HVAC installations, including investigations, design, and inspections. Mavacon Mark & VA Consult AB is a consultant in infrastructure and community construction. E60 Elkonsult AB is a consulting company focused on electrical design