Circura Strengthens Market Position with Acquisition of Trexab Bygg & Sanering

Livingstone has acted as advisor to the owners of Trexab Bygg & Sanering (”Trexab” or the ”Company”) in Circura’s acquisition of the Company. Trexab strengthens Circura’s position in the building services and infrastructure renewal markets, further enhancing the group’s market presence in Stockholm and surrounding areas.

Trexab provides building services in infrastructure-proximate environments, working with a wide range of major public and private clients. The Company generates approximately SEK 250 million in revenue and has around 50 employees. As part of the transaction, all shareholders and key personnel in the organization are reinvesting a portion of the proceeds from the transaction, thereby becoming shareholders in the Circura group.

Circura, founded in 2001 with Adelis Equity Partners as the principal owner, is Sweden’s leading group in property renovation and service. It operates with a decentralized, customer-centric approach, leveraging the resources of a large organization to renew and enhance Sweden’s buildings. Circura’s ambition is to unite and develop specialized companies operating on a local level.

“We at Trexab look forward to shifting to a higher gear as we become part of Circura. I am excited to continue growing alongside our clients in the future together with our new colleagues, and finding new collaborations” says Thomas Tedenström, incoming CEO of Trexab.

“Joining Circura feels like the perfect next step for Trexab, and I am convinced that our shared journey will be both rewarding and successful. It’s fantastic to give our employees the opportunity to be part of a larger organization and continue growing with Trexab and Circura” says Ronnie Gustafsson, founder of Trexab.

Livingstone’s team thereby completes another transaction in the building services and infrastructure sector, following, among others, the sale of Linotol to Accent Equity.

Closing of the transaction remains subject to customary regulatory approvals.

Livingstone served as the exclusive financial advisor and Morris Law as the legal advisor to Trexab in the sales process.