M&A Deal Summary

Tyréns AB Acquires Consultec Arkitekter & Konstruktörer AB

On October 22, 2015, Tyréns AB acquired business services company Consultec Arkitekter & Konstruktörer AB from Eleco for 11M SEK

Acquisition Highlights
  • This is Tyréns AB’s 1st transaction in the Business Services sector.
  • This is Tyréns AB’s largest (disclosed) transaction.
  • This is Tyréns AB’s 1st transaction in Sweden.

M&A Deal Summary

Date 2015-10-22
Target Consultec Arkitekter & Konstruktörer AB
Sector Business Services
Buyer(s) Tyréns AB
Sellers(s) Eleco
Deal Type Divestiture
Deal Value 11M SEK

Target

Consultec Arkitekter & Konstruktörer AB

Bjuv, Sweden
Consultec Arkitekter & Konstruktörer AB is a provider of consultancy services and involved in architecture of all sizes from urban planning, buildings, interior design and furnishing. Company plan offices, homes, schools, hotels, restaurants, commercial and industrial premises, museums, community centres, bridges, etc.

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Buyer(S) 1

Buyer

Tyréns AB

Stockholm, Sweden

Category Company
Founded 1942
Sector Business Services
DESCRIPTION

Tyrens is one of Europe's major engineering consultancies, and specialises in planning and infrastructure solutions that promote sustainable development in Sweden and international markets, including the United Kingdom, Denmark, Estonia and the USA.


DEAL STATS #
Overall 1 of 1
Sector (Business Services) 1 of 1
Type (Divestiture) 1 of 1
Country (Sweden) 1 of 1
Year (2015) 1 of 1
Size (of disclosed) 1 of 1

Seller(S) 1

SELLER

Eleco

London, United Kingdom

Category Company
Founded 1895
Sector Software
Employees273
Revenue 28M GBP (2023)
DESCRIPTION

Eleco is a specialist international provider of software and related services to the architectural, engineering, construction and digital marketing industries from centres of excellence in the UK, Sweden, Germany and the US. Eleco's market leading software solutions are developed by teams in the United Kingdom, Sweden and Germany; and its software programs cover project management, construction site management, estimating, timber engineering, 3D design and visualisation, and cloud based digital marketing solutions. Eleco was incorporated in 1895 and is based in London, United Kingdom.


DEAL STATS #
Overall 8 of 8
Sector (Business Services) 1 of 1
Type (Divestiture) 8 of 8
Country (Sweden) 1 of 1
Year (2015) 1 of 1
Size (of disclosed) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2013-06-03 Downer Cladding Systems

United Kingdom

Downer Cladding Systems Ltd. is a provider of rain screen wall cladding and facade systems for the building industry in the United Kingdom.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-10-17 Integrated Computing & Office Networking

Whiteman Lane Curepe, Trinidad and Tobago

ICON is a Software as a Service ("SaaS") provider of building information and related data management and storage systems, principally to the UK retail sector. ICON is a profitable software business with a high profile blue-chip customer base which includes seven of the top ten UK retailers, namely, ASDA, Boots, the Central England Co-operative, John Lewis, Morrisons, Sainsbury's and Waitrose.

Buy £2M