The technology consulting group XPartners expands the group through the acquisition of the consulting company CS Projekt. The number of employees thus exceeds 1100, and the total annual turnover is expected to reach over SEK 2 billion. Through the acquisition, XPartners broadens its offer with specialist services within waste disposal.

"We are happy to welcome CS Projekt to XPartners. With their competence and experience, we see great opportunities to develop our business through collaboration, which is completely in line with our long-term strategy," says Sonny Mirborn, CEO at XPartners.

CS Projekt offers a wide range of services to both public and private actors in construction and project management, planning, feasibility studies and investigations with a focus on waste management and in particular garbage collection systems. The company also provides services such as inspection, technical support, calculation and calculation of rates as well as production of program, system and construction documents.

"By joining XPartners, we strengthen our market position and open up new opportunities for growth, innovation and sustainable development. Together, we look forward to combining our strengths and building an even stronger and more successful organization," says David Collin, CEO of CS Projekt.

Since spring 2021, XPartners has worked to develop a platform for community development, where different companies and specialists collaborate to create greater synergies in the work towards a more sustainable society. The business model is based on value creation through collaboration and entrepreneurship, where each company continues to operate under its existing brand but benefits from the advantages of being part of a larger group.

"CS Projekt adds valuable specialist expertise that strengthens the group's offering and our platform. When CS Projekt becomes part of XPartners, we together create new opportunities for continued growth and development, with a clear focus on creating added value for our customers." says Sonny Mirborn.

For information please contact:

• Sonny Mirborn CEO at Xpartners tel +46 706395092
• David Collin, CEO at CS project, phone +46 761484785

About CS projekt AB

CS Projekt offers a wide and comprehensive range of services to both public and private actors. The company has extensive expertise in construction and project management, and is specialized in planning, project and construction management of garbage collection systems. They mainly offer services such as preliminary studies and investigations, technical support, calculation, production of program, system and construction documents as well as procurement of garbage collection systems in both small and large exploitation projects. CS Projekt has its office in Stockholm and employs eight employees.

About XPartners

XPartners Samhällsbyggnad was founded in the spring of 2021, and includes 31 companies with a presence throughout the Nordics. The group today generates approximately SEK 2 billion in turnover and has approximately 1100 employees. In April 2023, the investment fund Axcel joined XPartners as a new capital-strong main owner to support the group's growth journey, including by adding additional technology consulting companies to XPartners. In addition to Axcel, XPartners is primarily owned by former shareholders of the companies that make up XPartners today.
www.xpartners.se

About Axcel

Founded in 1994, Axcel is a Nordic private equity company that focuses on medium-sized companies in four sectors: technology, industry and services, healthcare and consumer. Axcel has a broad base of both Nordic and international investors and has raised six funds with total capital commitments of SEK 45 billion. These funds have made 73 platform investments, more than 400 add-on acquisitions and 53 divestitures. Axcel currently owns 19 companies.
For more information, visit www.axcel.dk