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  5. Proptech Sweden Acquires Alova

M&A Deal Summary

Proptech Sweden Acquires Alova

On August 23, 2024, Proptech Sweden acquired business services company Alova

Acquisition Highlights
  • This is Proptech Sweden’s 1st transaction in the Business Services sector.
  • This is Proptech Sweden’s 1st transaction in Sweden.

M&A Deal Summary
Date 2024-08-23
Target Alova
Sector Business Services
Buyer(s) Proptech Sweden
Deal Type Add-on Acquisition

Target

Alova

Årsta, Sweden
Alova offers technical services and maintenance for properties. The company's property technicians help with supervision, care, and troubleshooting maintenance. It troubleshoots systems for heating, cooling, and ventilation. Alova is based in Årsta, Sweden.

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Buyer(S) 1

Buyer

Proptech Sweden

Vaxjo, Sweden
Category Company
Sector Business Services
Employees500
DESCRIPTION

Proptech Sweden is a one-stop shop for indoor climate, energy efficiency and other property services. Customers are property owners within industrial, public and commercial real estate. Proptech Sweden is based in Vaxjo, Sweden.

DEAL STATS #
Overall 1 of 1
Sector: Business Services M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
Country: Sweden M&A 1 of 1
Year: 2024 M&A 1 of 1
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