Creovent and Thorzelius
JANUARY 2019Sector: Industrial & Business services
Service: M&A
Our role
Exclusive financial adviser to the Evolver Investment Group on the sale of Creovent and Thorszelius to airteam
Target
Creovent and Thorszelius offer efficient climate and ventilation solutions, including service and maintenance, to a customer base consisting of property owners, construction companies as well as the public sector. The companies have offices in Stockholm and Uppsala and have approximately 85 employees. In 2017, pro forma sales amounted to approximately SEK 235 million
Buyer
airteam offers high-quality, effective ventilation solutions in Denmark and Sweden. airteam develop advanced systems for a wide range of industries and are solely focused on ventilation. The company focuses on project development, project management and procurement. Furthermore, airteam offers maintenance and service of its installed ventilation solutions. airteam is backed by the Swedish investment company Ratos since 2016
