Hantverksdata strengthens ownership structure to accelerate growth. Adelis becomes new majority owner.
Hantverksdata has successfully grown and developed its business in the Nordic region over many years. The digitalization of the building services industry is however happening faster than ever. The company is now strengthening its ownership structure by bringing in Adelis as a majority owner in order to entrench its position as the leading ERP provider in the Nordic Region focused on the building services industry.
Hantverksdata is a leading provider of administrative software developed for craftsmen in the Nordic region. The company is leading within the electricity, HVAC, painting and glass segments with its modular system, but also active within other service and contracting segments such as alarms, flooring, plating, refrigeration, elevators and construction. Hantverksdata has around 4,000 corporate customers and 35,000 users.
“This is a forward-looking move for Hantverksdata to be able to capitalize on the opportunities available to us in the craftsmen industries in the coming years. Adelis has proven experience in developing companies both in the IT and the building services sectors. This makes them the perfect partner for us as we take the next step in building our company. Basically all current owners have chosen to continue as shareholders. This is proof of our strong belief in the future journey for Hantverksdata,” says Mikael Viotti, CEO at Hantverksdata.
“Through its software applications Hantverksdata delivers great value to its customers in an industry that is digitalizing. We are impressed by Hantverksdata’s management team and skilled employees and by the company’s strong development both in Sweden and in other Nordic countries. We are looking forward to supporting Hantverksdata on its growth journey,” says Joel Russ at Adelis.
The board of Hantverksdata will be significantly strengthened in connection with the transaction. Both Anders Böös, previously chairman of IFS, and Petter Håkanson, previously CEO of Assemblin, will join the board.
Anders Böös, incoming chairman of the board at Hantverksdata remarks: “Hantverksdata has through a first-rate product and a well-defined customer offering, built a leading market position. I am excited by the company’s opportunities, and I am looking forward to contributing to its continued growth and expansion.”
Hantverksdata has more than 45 years of experience of marketing ERP systems to the building services inudstry. Hantverksdata currently has 100 employees in Sweden, Finland, Norway and Denmark and has a turnover of around SEK 165 million. The company has around 4,000 corporate customers and 35,000 users. For further information please visit www.hantverksdata.se.
About Adelis Equity Partners
Adelis is an active partner in creating value at medium sized Nordic companies. Adelis was founded with the goal of building the leading middle market private equity firm in the Nordics. Since raising its first fund in 2013, Adelis has been one of the most active investors in the Nordic middle-market, acquiring 15 platform investments and making more than 40 add-on acquisitions. Adelis now manages approximately €1 billion in capital. For more information please visit www.adelisequity.com.