The engineering consultancy group XPartners continues its expansion through the acquisition of the Norwegian construction consultancy company P7 Prosjekt AS. The number of employees thus increases to almost 1200, and the total annual turnover is expected to reach approximately SEK 2,3 billion. Through the acquisition, XPartners strengthens its offering within specialist services for construction management and project administration in the Nordic region.

"We warmly welcome the team from P7 Prosjekt to XPartners. With P7 Prosjekt's expertise and customer relationships, XPartners will have further opportunities to deliver added value to our customers in the Norwegian market and strengthen our platform," says Sonny Mirborn, CEO of XPartners.

P7 Prosjekt was founded in 2015 and is a construction consultancy specializing in project management within construction, infrastructure, municipal engineering and property development. The company has offices in Asker and Hønefoss in Norway and offers services within project management, construction management, inspection services and project development.

"We are proud to become part of XPartners and look forward to working together to achieve common goals. By combining our local expertise with XPartners' comprehensive offering, we can create even greater value for our customers and employees. Together we will build a stronger and more successful organization," says Ole Martin Anmarkrud, CEO of P7 Prosjekt.

Since spring 2021, XPartners has been working to develop a platform for social development where different companies and specialists collaborate to create added value and promote more sustainable social development. The business model is based on combining entrepreneurship and collaboration, where each company continues to operate under its existing brand but benefits from the advantages of being part of a larger group.

“We look forward to working closely with the team at P7 Prosjekt, which will help us step by step successfully expand the network and platform in Norway,” says Sonny Mirborn.

For more information, please contact:

• Sonny Mirborn, CEO XPartners, tel. +46 706 395 092
• Ole Martin Anmarkrud, CEO P7 Prosjekt, tel. +47 991 64 161

About P7 Project

Founded in 7, P2015 Prosjekt is a Norwegian construction consultancy firm, specializing in project management within building and construction, infrastructure, municipal engineering, and real estate development. The company provides services in project management, construction management, inspection services, and project development. With a strong focus on quality assurance, P7 Prosjekt ensures that all projects are executed in accordance with plans, regulations, and industry best practices, delivering high-quality results at every stage.
www.psju.no/

About XPartners

XPartners Samhällsbyggnad was founded in the spring of 2021, and includes 33 companies with a presence throughout the Nordics. The group today generates approximately SEK 2,3 billion in turnover and has approximately 1200 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 respective companies that make up XPartners.

www.xpartners.se

About Axcel

Axcel was founded in 1994 and is a Nordic private equity company that focuses on medium-sized companies in four sectors: industry & services, technology, healthcare and consumer. Axcel has a broad base of both Nordic and international investors and has raised seven 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.com