Add-on Acquisition • Business Services

Nimlas Group Acquires Sandbackens

On February 8, 2021, Nimlas Group acquired business services company Sandbackens from Amplio Private Equity

Acquisition Context
  • This is Nimlas Group’s 1st transaction in the Business Services sector.
  • This is Nimlas Group’s 1st transaction in Sweden.

Explore All 10011 Add-on Acquisition Business Services Deals - Search the Database Free


M&A Deal Summary

Date February 8, 2021
Target Sandbackens
Sector Business Services
Buyer(s) Nimlas Group
Sellers(s) Amplio Private Equity
Deal Type Add-on Acquisition

Target Company

Sandbackens

Linkoping, Sweden
Sandbackens is a heating and sanitation contractor that provides alterations and renovations in all areas of plumbing, including heat pumps, district heating, and solar panels. Sandbackens was formed in 1993 and is based in Linkoping, Sweden.
Explore More Deals

Browse All 215,158 Deals

FILTER BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Search Free

Buyer Overview 1

Buyer

Nimlas Group

Stockholm, Sweden

Category Company
Sector Business Services
Employees3,000
Revenue 600M EUR (2022)
DESCRIPTION

Nimlas Group is a provider of technical installation services across the Nordic region. Nimlas Group is based in Stockholm, Sweden.


Deal Context for Buyer #
Overall 1 of 3
Sector: Business Services 1 of 2
Type: Add-on Acquisition 1 of 3
Country: Sweden 1 of 1
Year: 2021 1 of 2
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-06-24 QMG

Espoo, Finland

QMG offers technical installation and services within electricity, heating, ventilation, sprinklers and automation. QMG was founded in 2013 and is based in Espoo, Finland.

Buy -

Seller Profile 1

SELLER

Amplio Private Equity

Stockholm, Sweden

Category Private Equity Firm
Founded 1994
PE ASSETS 11.1B SEK
Size Middle-Market
Type Sector Agnostic
DESCRIPTION

Amplio Private Equity is a Swedish private equity firm specializing in buyouts of mid-sized companies across Scandinavia. Segulah seeks profitable companies with defensible market positions, strong development potential, and experienced management. The Firm targets companies with annual revenues up to SEK 2 billion. Amplio Private Equity was formed in 1994 and is based in Stockholm, Sweden.


Deal Context for Seller #
Overall 37 of 43
Sector: Business Services 4 of 6
Type: Add-on Acquisition 20 of 22
Country: Sweden 33 of 37
Year: 2021 2 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-01-01 Balco

Växjö, Sweden

Balco is a provider of glazed balcony systems. It also has a strong presence in Germany and the UK. Balco’s main customer categories are tenant associations and public and private landlords. Balco offers its customers a turnkey solution and takes responsibility for the entire value chain from design and contracting to manufacturing and mounting of balconies. Balco was formed in 1987 and is based in Växjö, Sweden.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-07-09 Conapto

Stockholm, Sweden

Conapto operates two data centers and one recovery site in the Stockholm area. The business has developed from primarily offering disaster recovery services to focusing on premium colocation services and offering related solutions such as connectivity and cloud access. Conapto is based in Stockholm, Sweden.

Sell -