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My Evli

Infracontrol divested to Sitowise

Name: Evli
Price range: $

Divestment to Sitowise

July 2021

Sector: Industrial & Business services

Service: M&A

Our role

Exclusive financial adviser to the owners of Infracontrol on the sale to Sitowise Group (publ)

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

Infracontrol is an independent system integrator, specialising in IT solutions for traffic and infrastructure, and is a true smart city player. Infracontrol has approx. 30 employees and sales of approx. SEK 75 million. Headquartered in Mölndal, Sweden and local offices in Stockholm, Lisbon and Madrid