SA Konstruktion & Bygg ("SA") specializes in construction services for both public and private real estate companies, primarily in Borås and Gothenburg. The company has a turnover of approximately EURO 25 million and approximately 60 employees. The three shareholders will continue in their current operational roles and reinvest a large portion of the purchase price in connection with the transaction, making them shareholders in the Circura Group.
SA becomes the 16th company within Circura, a group that specializes in building rehabilitation services in Sweden. SA strengthens Circura's position on the construction service market in Västra Götaland, where the Circura group established itself earlier this year with two acquisitions of Sjövalla and Gevab. The transaction also includes SA's subsidiaries SA K&B i Göteborg AB and Osdal Projektpartner AB.
Circura is the market-leading provider of building rehabilitation services in Sweden. Circura consists of a group of leading rehab companies, specialised in their respective local markets. They operate a decentralized and customer-oriented business model, whilst having benefits and strength of a larger group, to rehabilitate and renew buildings with modern and sustainable methods.
Circura is owned by Adelis, a financial growth partner for well-positioned, Nordic companies. Adelis partners with management and/or owners to build businesses in growth segments and with strong market positions.
Louise Strömbäck, CEO Circura, comments:
"It is with great pleasure that I welcome SA and their employees to Circura and our newly started region West! SA fits perfectly into what we are building on the West Coast, a cluster of companies specializing in construction services and insurance claims, which will be able to benefit tremendously from cooperating with each other."
Stefan Almgren, CEO SA, comments on the new owner:
"I and everyone here at SA are looking forward to becoming part of Circura and being able to participate in the development of Circura's region West. It will be fun to continue developing the business in a larger context together with new colleagues, I think that SA will fit very well into the group and that we will be able to contribute to the whole."
Andreas Anderberg, Partner at IMAP and Project Manager in the Process:
"IMAP has had the privilege of acting as an advisor to SA in this transaction. SA is a company that places great emphasis on quality and takes a long-term perspective in everything it does. It was crucial to find a buyer who shares this approach.
When we step back and view the entire process from an external perspective, it becomes evident just how well SA Bygg aligns with Circura and how much Circura will gain from SA Bygg’s expertise and experience. We wish everyone involved the very best of luck and look forward to following their shared journey ahead."
Stefan Almgren, CEO of SA, comments on the process:
"IMAP has been a patient and supportive partner throughout our sales process. They have demonstrated great dedication, and we have truly felt their commitment to ensuring the deal was the right fit for us. They have been attentive to our needs and provided valuable advice whenever we needed it."
IMAP advised the sellers throughout the process.
