AF Gruppen Acquires Majority Stake in H.A. Bygg Entreprenad AB

Afinitas Acquires Haala Industries

November 21, 2022

Manufacturing

Afinitas has acquired Haala Industries, a Sleepy Eye, Minnesota-based manufacturer of steel-fabricated products used in precast concrete and drainage applications. The deal expands Afinitas' concrete accessories portfolio and manufacturing capabilities as part of its strategy to build a leading platform of concrete technologies.

H.I.G. Capital Acquires Majority Stake in Infratech Bau GmbH

May 10, 2021

Infrastructure

An affiliate of H.I.G. Capital has signed a definitive agreement to acquire a majority stake in Infratech Bau GmbH, a Meppen-based general contractor that builds FTTH broadband networks across northern and western Germany. The founders will remain in management and retain a significant share; H.I.G. said it will support Infratech's nationwide growth organically and through selected acquisitions.

Bergs Timber Acquires Hedlunda Holding AB

June 29, 2023

Manufacturing

Bergs Timber AB has acquired all shares in Hedlunda Holding AB, a manufacturer of wooden furniture and components with production sites in Lycksele, Sweden and Skoczów, Poland. The acquisition (purchase price ~SEK 140 million for the shares; total purchase price SEK 225 million on a cash- and debt-free basis) expands Bergs's wood-processing capabilities and creates a new Furniture & Components product area; Hedlunda reported ~SEK 620 million in trailing twelve-month sales and employs about 400 people.

Swegon Group AB Acquires HC Groep

July 3, 2024

HVAC & Mechanical

Swegon Group AB has acquired HC Groep, a Netherlands-based market leader in indoor climate technology, bringing HC Groep’s ten business labels and ~386 employees into Swegon’s global platform. The deal — completed with HC Groep’s previous investor Gilde Equity Management exiting — strengthens Swegon’s presence in the Dutch market and expands its ventilation, HVAC and building automation capabilities.

Stirling Square, TA Associates and Macquarie Capital Complete Buyout of Byggfakta

January 5, 2024

Data & Analytics

A consortium of private investors — Stirling Square, TA Associates and Macquarie Capital (via Giant BidCo) — has completed a recommended public offer to acquire Byggfakta, taking the Swedish construction data and software company private. Byggfakta, headquartered in Ljusdal, Sweden, serves over 50,000 customers, has more than 2,000 employees and will be positioned to accelerate international growth and strategic M&A under the consortium's ownership.

Renta Group Acquires Gustafssons Uthyrning AB

September 28, 2023

Industrial Services

Renta Group Oy has agreed to acquire Gustafssons Uthyrning AB, a Swedish general equipment rental company with three depots in Oskarshamn, Västervik and Vimmerby. Gustafssons, which has 19 employees and annual revenues of approximately SEK 45 million, will continue local operations while benefiting from Renta's broader product range and digital solutions to strengthen Renta's presence in eastern Sweden.