KLAR Partners completes acquisition of Sandbäckens
Funds advised by KLAR Partners Limited (KLAR Partners) have completed the previously communicated acquisition of Sandbäckens, a provider of technical installation and servicing of sprinkler, heating and sanitation solutions for buildings.
The company is KLAR Partners’ first acquisition in Sweden.
“We are very pleased to have completed the acquisition of Sandbäckens. We look forward to working closely with the skilled employees and management to further develop the company’s strong culture and build the leading technical installation and property services company in the Nordic region,” says Fredrik Brynildsen, Partner at KLAR.
Sandbäckens’ operations specialise in technical installations and servicing in the areas of heating and sanitation, comfort cooling, sprinklers and district heating. The company has approximately 800 employees in 30 locations in Sweden.