Infracontrol divested to Sitowise
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