Add-on Acquisition • Business Services

Ascenco Acquires Stockholms Hiss-Service

On June 13, 2025, Ascenco acquired business services company Stockholms Hiss-Service

Acquisition Context

This is Ascenco’s 1st transaction in the Business Services sector.
This is Ascenco’s 2nd transaction in Sweden.

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M&A Deal Summary
Date	June 13, 2025
Target	Stockholms Hiss-Service
Sector	Business Services
Buyer(s)	Ascenco
Deal Type	Add-on Acquisition

Target Company

Stockholms Hiss-Service

Kungsängen, Sweden

Stockholms Hiss-Service is an elevator service company that offers repair, service, and maintenance, as well as new installations, for all elevator models available on the market. Stockholms Hiss-Service is based in Kungsängen, Sweden.

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Buyer Overview 1

Buyer

Ascenco

Stockholm, Sweden

Category	Company
Founded	2023
Sector	Construction

DESCRIPTION

Ascenco provides services of critical infrastructure to benefit both the individual and society. Ascenco was formed in 2023 and is headquartered in Stockholm, Sweden.

Deal Context for Buyer	#
Overall	2 of 2
Sector: Business Services	1 of 1
Type: Add-on Acquisition	2 of 2
Country: Sweden	2 of 2
Year: 2025	2 of 2

PREVIOUS DEAL

DATE	TARGET	DEAL TYPE	VALUE
2025-02-03	Hiss-Craft Östersund, Sweden Hiss-Craft provides elevator service. Hiss-Craft was formed in 2008 and is headquartered in Östersund, Sweden.	Buy	-

DATE

TARGET

DEAL TYPE

VALUE

2025-02-03

Hiss-Craft

Östersund, Sweden

Hiss-Craft provides elevator service. Hiss-Craft was formed in 2008 and is headquartered in Östersund, Sweden.

Buy

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