Balco is Scandinavia’s leading supplier of glazed balconies to tenant associations and landlords in both the private- and public sector.
Balco was founded in 1987 and has since then grown strongly in Sweden and expanded in Europe. The Company now has 300 employees and offers turnkey solutions for balcony construction with responsibility for the entire value chain.
Segulah IV L.P. invested in Balco in October 2010 to further strengthen the Company’s leading market position and to support continued growth in other European markets.
On October 6, 2017, Balco was listed on the Nasdaq Stockholm Small Cap list. Segulah IV simultaneously sold nearly 80 percent of its holding in the Company, whilst remaining as the largest shareholder with 19% of the shares until May 2019 when the holding decreased to 12%. Current ownership is 4.9%.
Fund:
Segulah IV
Sector:
Manufacturing & Industrial Goods
Acquisition:
2010
Turnover:
MSEK 1,265
Employees:
385
CEO:
Kenneth Lundahl
Chairman:
Tomas Johansson
Board members:
Mikael Andersson
IngaLill Berglund
Carl-Mikael Lindholm
Johannes Nyberg
Vibecke Hverven
Ownership:
4.9% through Segulah IV L.P.
Website:
www.balco.se
| Name | Fund | Sector | Acquisition | Exit |
|---|---|---|---|---|
| Wilkenson Handskmakar´n | AB Segulah | Retail | 1994 | 1997 |
| Byggfakta Scandinavia | AB Segulah | Information services | 1996 | 1998 |
| EKH Ekonomihuset | Segulah I | Pension trusts | 1997 | 1999 |
| Modul-System | Segulah I | Vehicle interior fittings | 1999 | 2002 |
| Teli Service | Segulah I | Repair & logistic services | 1997 | 2002 |
| CCS, Clean Chemical | Segulah II | Skin- and eye care | 2003 | 2004 |
| EEN | Segulah I | Music & entertainment | 1999 | 2004 |
| Norfoods | Segulah II | Food | 2000 | 2004 |
| NVS Installation | Segulah II | HVAC installation | 2002 | 2006 |
| Previa | Segulah II | Occupational health | 2004 | 2007 |
| HMS Industrial Networks | Segulah II | Communication technology | 2004 | 2007 |
| Callenberg Group | Segulah II | Marine electronics | 2001 | 2008 |
| Kosan Crisplant | Segulah II | LPG supplies | 2004 | 2008 |
| Isaberg Rapid | Segulah III | Office supplies | 2007 | 2009 |
| Joy | Segulah III | Retail | 2006 | 2009 |
| NEA-gruppen | Segulah III | Electrical installation | 2006 | 2010 |
| Skandinavisk Kommunalteknik | Segulah III | Sewage systems | 2008 | 2011 |
| Exotic Snacks | Segulah III | Food | 2008 | 2011 |
| InfoCare | Segulah II | Electrical repair | 2004 | 2012 |
| Medstop | Segulah IV | Pharmacies | 2010 | 2013 |
| Scan Coin | Segulah IV | Cash handling | 2010 | 2015 |
| Almondy | Segulah III | Confectionery | 2008 | 2015 |
| S:t Eriks | Segulah III | Building products | 2005 | 2015 |
| PMC Group | Segulah III | Hydraulics | 2005 | 2015 |
| eTRAVELi | Segulah IV | IT/Technology | 2010 | 2015 |
| Kemetyl | Segulah III | Chemicals | 2007 | 2016 |
| Oglaend Industries | Segulah IV | Manufacturing & Industrial Goods | 2014 | 2017 |
| Docu Nordic | Segulah IV | B2B | 2014 | 2017 |
| Teknikmagasinet | Segulah V | Retail | 2015 | 2018 |
| Zengun | Segulah V | Construction | 2016 | 2019 |
| Mitt i | Segulah IV | Media | 2014 | 2019 |
| CCS Healthcare | Segulah IV | Healthcare | 2011 | 2019 |
| Gunnebo Industrier | Segulah III, Segulah IV | Industrial | 2008 | 2019 |
| Sandbäckens | Segulah V | B2B Services | 2016 | 2021 |
| Balco | Segulah IV | Manufacturing & Industrial Goods | 2010 | 2021 |
| Conapto | Segulah V | IT/Technology | 2018 | 2021 |
| Semantix | Segulah V | B2B Services | 2015 | 2021 |
| NVBS Rail | Segulah V | B2B Services | 2020 | 2022 |
