Segulah V’s portfolio company Sandbäckens becomes majority owner in Sprincom

30 June, 2017

Sprincom is a SBSC1) certified water sprinkler contractor in Northern Sweden with 40 employees engaged in installation, and service and maintenance operations. The company was founded in 2010 by Tomas Pålsson and Nils Dahlin, who will remain with the company as owners  and continue to be active in day-to-day operations and continued development of the business.

This is Sandbäckens second strategic acquisition within the Sprinkler market and is part of the company’s continued expansion plan. The acquisition gives Sandbäckens a strengthened geographical market position within sprinkler systems in Northern Sweden.

Sprincom has a unique position in a growing sprinkler market with solid competence. Sandbäckens will support the company’s continued growth, and I look forward to developing Sprincom together with the founders”, says Håkan Bergqvist, Chairman of Sandbäckens

About Sandbäckens

Sandbäckens is a leading contractor and service provider in heating, sanitation and sprinkler systems with a growing presence in industrial service. The company was founded in Linköping in 1993, has c.550 employees and subsidiaries in 22 different locations in Sweden. Sandbäckens is owned by Segulah V L.P., management and the Board.

Sandbäckens has achieved strong organic growth through a regional expansion and acquisition strategy, and has completed a number of large projects in the growing Swedish construction market. In 2016, Sandbäckens turnover amounted to 676 million SEK.

For further information, please contact:

Håkan Bergqvist, Chairman, Sandbäckens, +46 (0)70 21 23 221

Peter Johansson, CEO, Sandbäckens, +46 (0)70 53 85 239

Percy Calissendorff, Partner, Segulah Advisor AB, +46 (0)8 402 87 06

1) SBSC (sv. Svensk Brand & Säkerhets Certifiering)

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