Hjo Installation Foto 1

Hjo Installation

Multidisciplinary installation services and solutions

Hjo Installation is a Swedish industry leader providing multidisciplinary installation services and solutions. The company helps its customers optimise energy efficiency and is set to benefit from increasing sustainability demands in society, including the ongoing energy transition. Since being founded in 2019, the company has recorded impressive growth figures, completed a large number of acquisitions and now comprises 51 businesses all over Sweden. Hjo Installation’s innovative decentralised approach, impressive portfolio of services and strong sustainability focus have laid a solid foundation for the company’s further growth.

 

Company Background

  • Multidisciplinary installation services provider with a diversified portfolio of companies across electricity, heating, plumbing, and ventilation
  • Large portion of reoccurring revenue with a focus on service contracts and renovation engagements
  • Fast-growing company with an historical organic annual growth rate of over 15 percent
  • Solid foundation for further growth. Hjo Installation is well positioned to benefit from market trends, an ageing property stock in Sweden, and increasing sustainability demands from customers

Vision & Outlook

  • Hjo Installation fits well into Nordic Capital’s focus on supporting growth companies with a sustainability profile
  • Nordic Capital will in partnership with the company’s management and founders leverage the company’s impressive business strategy and sustainability agenda to support further growth
  • Hjo Installation will also be able to draw on Nordic Capital’s deep sector expertise and extensive industry network
  • Tangible value creation plan with high degree of relevance of previous Nordic Capital I&BS investments
Hjo Installation Bla╠È RGB

SECTOR

Services & Industrial Tech

REVENUES 2023

EUR 245 million

EMPLOYEES

1,085

OWNERSHIP

Evolution

INVESTMENT DATE

2023

HEAD OFFICE

Hjo, Sweden

MANAGEMENT

Christoffer Olbrich

CEO

Lennart Spraud

CFO

RESPONSIBLE ADVISOR

Joakim Lundvall

Partner, Co-Head of Evolution advisory

Nordic Capital's Industrial & Business Services focus

Nordic Capital is a leading Industrial & Business Services investor in the Nordics, with particular experience in Business Services and Manufacturing. We invest selectively in companies that benefit from robust underlying growth trends and an expanding market position.

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