The technology consulting group XPartners Samhällsbyggnad AB ("XPartners") is expanding the group with a new company Rakennuttajatoimisto HTJ Holding OY ("HTJ") on June 7, 2024, and with that step into the Finnish market. With this acquisition, XPartners will be expanded to more than 800 employees and will have a turnover of approximately SEK 1,3 billion. The deal strengthens the XPartners group both in terms of competence and resources, and the range of services is broadened within the Nordic region.

Since the spring of 2021, the XPartners group has worked to create a nationwide 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 membership 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 the Nordic region a leader in the environment, community building and infrastructure.

Olle Bertfelt, XPartners CEO, says: "We are very pleased to welcome HTJ to the XPartners family. I feel great pride in the collaboration platform we have quickly built, and in all the talented entrepreneurs who have joined us. That XPartners expands to Finland with the acquisition of HTJ, a competent company with services mainly in project management, is completely in line with our long-term strategy to become a significant consulting player in the entire Nordic region. The acquisition of HTJ is a good platform for continued growth in the Finnish market. 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"

Janne Ketola, CEO HTJ, tells "This merger is a step towards a long-term vision to strengthen HTJ's position in the market and also create new opportunities for growth and innovation. It is with great joy and enthusiasm that we look forward to becoming part of the XPartners group, and to working together towards common goals. By becoming part of the XPartners group, we strengthen our opportunity for both organic and acquisition-driven expansion in Finland. We will continue to focus on delivering outstanding results to our customers and look forward to working with our employees and partners to explore new opportunities and create an even stronger and more successful organization.”

For information please contact:

· Olle Bertfelt, CEO XPartners, tel. +46 70 645 50 50
· Janne Ketola, CEO HTJ OY, tel. +358 40 7664 110

About HTJ OY Finland

HTJ is one of the leading construction consulting companies in Finland and offers its customers a wide range of expert services in construction management, energy and environmental consulting and project management. The company has over 200 employees with expertise in several areas, including construction, infrastructure, and industry, and today has a turnover of approximately 26 million euros. The company is one of the largest independent construction consultants in Finland, and is established all over the country with local offices from north to south, with the head office in Vantaa outside Helsinki.

www.htj.fi

About XPartners

XPartners Samhällsbyggnad was founded in the spring of 2021, and previously included 17 companies
presence in large parts of Sweden. The group today generates approximately SEK 950 million in turnover and has approximately 600 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/en

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