The technology consulting group XPartners Samhällsbyggnad AB ("XPartners") is expanding the group with a new company Ensucon AB ("Ensucon") on August 15, 2024, and with this expansion there will be approximately 690 employees in Sweden. With this deal, the XPartners group is strengthened with services in the areas of environment, work environment and sustainability. The group has a turnover of approx. SEK 1,35 billion with approx. 900 employees in Sweden and Finland, and all companies work actively with sustainability, which further strengthens XPartners as a group in the area.

Since spring 2021, the XPartners group has worked to create a nationwide and Nordic multidisciplinary community building platform where different companies, skills, people and cultures collaborate for higher exchange in their work with the transition to a more sustainable society. The business model is based on value creation through collaboration and entrepreneurship, where each company preserves its own identity, but benefits from the advantages that group affiliation provides. The owners of the companies that join become part-owners of XPartners together with the largest owner, which is the Nordic private equity company Axcel, and they continue the ongoing operational work of their own company under their own brand. Through our domain knowledge, digital understanding and commitment to sustainability, we will help make Sweden a leading country in the environment, social construction and infrastructure.

Olle Bertfelt, XPartners CEO, says: "We are very happy to welcome Ensucon to XPartners, and I am very proud of the collaboration platform we have quickly built, and of all the talented entrepreneurs who have joined us. It has been particularly fun to see how the interaction between the companies have grown spontaneously and led to more and better business. XPartners is now growing with the acquisition of Ensucon, a competent consulting company with a focus on the environment, work environment and sustainability, which is completely in line with our long-term strategy. Together, we can accelerate and develop solutions that both customers, industry and society need, while at the same time contributing to long-term development for our employees"

Richard Sallermo, CEO Ensucon, tells; "Ensucon is excited about the opportunity to become part of the Xpartner family and all its family members. Through this, Ensucon gets the opportunity to develop and develop with a genuine and committed partner in Environment and Sustainability. Our vision is to be the most in-demand employer and consultant within Environment and Sustainability, and our business model will give Xpartner a new dimension to be able to offer our customers. Together with other sister companies within the group, we will be able to offer a serious and forward-looking social construction actor, with a clear focus on sustainable development both within our projects and in our role as an employer. No one can do everything, but everyone can do something, so let's do it together.” says Rickard Sallermo, CEO Ensucon.

"Continuing to have fun at work and to feel good, while delivering good and fun projects to our customers, is a prerequisite for our business model. This gives us the opportunity to further develop within the Xpartner family" says co-founder Gustav Johansson.

For information please contact:

• Olle Bertfelt, CEO XPartners, tel. +46 70 645 50 50
• Rickard Sallermo, CEO Ensucon, tel. +46 79 337 99 83

About Ensucon AB

Ensucon AB offers services in five different technology areas, where the main focus is on Sustainability; Permits and Waste; Contaminated areas; Water, Air and Natural Environment; Acoustics and vibrations.

Ensucon's customer base spans a wide range of different clients, and where assignments are found within industry, public clients and infrastructure.

www.Ensucon.se

About XPartners

XPartners Samhällsbyggnad was founded in the spring of 2021, and previously included 19 companies
presence in Sweden and Finland. The group today generates approximately SEK 1,3 billion in turnover and has approximately 800 employees. In April 2023, the investment fund Axcel joined XPartners as a new capital-strong main owner to support XPartners to drive growth, including by adding additional technology consulting companies to XPartners. In addition to Axcel, XPartners is primarily owned by former shareholders of the respective companies that make up XPartners.

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 4 billion euros. These funds have made 71 platform investments, more than 300 add-on acquisitions and 50 divestitures. Axcel currently owns 21 companies.
For more information, visit www.axcel.dk