Netel
Status
Realised
Country
Sweden
Strategy
Mid Cap
Sector
Entry
Jul-16
Exit
May-25
Fund
IK VII
Website
News
Sale Of Shares In Netel Holding ABNetel listed on Nasdaq StockholmNetel acquires 100% of the shares in Nett-Tje...IK Investment Partners to acquire Netel from ...
Leading Nordic provider of infranet services
Netel ("the Company") is a leading Nordic service provider for communication and electrical networks, offering services ranging from planning and project management to design and maintenance.
With its project management focus, extensive sub-contractor network and entrepreneurial heritage and culture, the Company acts as a collaborative partner to telecom operators, network owners, property owners, construction companies, housing associations and municipalities.
Headquartered in Stockholm, Sweden, the Company also has a presence in Norway, Finland and Germany.
IK Partners acquired Netel from Axcel in July 2016 and sold its stake in May 2016.
Our Value Creation Strategy
We are working alongside management to:
- Diversify the business through broadened service offering;
- Expand the Company geographically; and
- Improve project management procedures to reduce margin volatility and improve profitability.