Zengun is a leading construction company in Stockholm providing construction contracting services to owners and developers of commercial and residential property. The majority of the construction work is carried out by quality-assured subcontractors.

Since its foundation in 2009, the management team has successfully grown Zengun into one of the leading constructors of high-end commercial property projects in the Stockholm market by winning large scale and complex projects.

Segulah V L.P. invested in Zengun in March 2016. The objective of the investment was to continue developing the Company together with Management and position Zengun for continued growth in order to challenge the larger construction companies in the region.

Fund: Segulah V
Area: Construction
Acquisition: 2016
Turnover: MSEK 1,921 (2017)
Employees: 176
CEO: Sture Nilsson
Chairman: Lennart Karlsson
Board members: Tobias Örnevik Ulf Jonsson Cecilia Safaee Gabriel Urwitz Henrik Lif Oskar Oxenstierna
Ownership: 54% through Segulah V L.P.
Responsible partner: Gabriel Urwitz
Website: www.zengun.se

Current portfolio

Case studies

Realized portfolio

  • Name Fund Area Acquisition Exit
    Docu Nordic Segulah IV20142017
    Zengun Segulah V Construction20162019
    Teknikmagasinet Segulah V Retail20152018
    Oglaend Industries Segulah IV20142017
    eTRAVELi Segulah IV20102015
    Byggfakta Scandinavia AB Segulah Information services19961998
    EKH Ekonomihuset Segulah I Pension trusts19971999
    Wilkenson Handskmakar´n AB Segulah Retail19941997
    Teli Service Segulah I Repair & logistic services19972002
    Modul-System Segulah I Vehicle interior fittings19992002
    Norfoods Segulah II Food20002004
    EEN Segulah I Music & entertainment19992004
    CCS, Clean Chemical Segulah II Skin- and eye care20032004
    NVS Installation Segulah II HVAC installation20022006
    HMS Industrial Networks Segulah II Communication technology20042007
    Previa Segulah II Occupational health20042007
    Kosan Crisplant Segulah II LPG supplies20042008
    Callenberg Group Segulah II Marine electronics20012008
    Joy Segulah III Retail20062009
    Isaberg Rapid Segulah III Office supplies20072009
    NEA-gruppen Segulah III Electrical installation20062010
    Exotic Snacks Segulah III Food20082011
    Skandinavisk Kommunalteknik Segulah III Sewage systems20082011
    InfoCare Segulah II Electrical repair20042012
    Medstop Segulah IV Pharmacies20102013
    PMC Group Segulah III Hydraulics20052015
    S:t Eriks Segulah III Building products20052015
    Kemetyl Segulah III Chemicals20072016
    Almondy Segulah III Confectionery20082015
    Scan Coin Segulah IV Cash handling20102015
    CCS Healthcare Segulah IV Healthcare20112019
    Gunnebo Industrier Segulah III, Segulah IV Industrial20082019