Netel

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.

Headquartered in Stockholm, Sweden, the Company also has a presence in Norway, Finland and Germany.

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.

IK Partners acquired Netel from Axcel in July 2016 and sold its stake in May 2025.

Our Value Creation Strategy

During our ownership, we worked 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.