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Netel

Employees
416
Countries
4
Status
Current
Country
Sweden
Sector
Business Services
Entry
Jul-16
Fund
IK VII
Website

Leading Nordic provider of infranet services

Netel 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 companies and cooperative housing associations. Headquartered in Sweden, the Company also has a presence in Norway, Finland and Germany.

IK Partners acquired Netel from Axcel in July 2016.

What Attracted Us to the Business

  • Strong market position in Nordic region
  • Diversified customer base
  • Flexible operation model

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.

Investment Team

Alireza Etemad

Partner, Industrials Sector Lead
Stockholm

Christopher Masek

Chief Executive Officer
London

Carl Jakobsson

Director
Stockholm