Presto Brandsäkerhet AB has acquired the fast-growing Aptum AB and is creating a Nordic market leader with revenue of more than SEK 700 million. Thanks to Presto’s market-leading position in fire risk management and Aptum’s innovative package solutions, the new group will become a comprehensive partner in strategic fire risk management. In connection with the transaction, Adelis Equity Partners will become the new majority owner.
Founded in 1959 by Gunnar Danielson and now under the direction of CEO Anders Danielson, Presto has developed into the largest player engaged in fire safety in the Nordic region. Presto is present in more than 50 locations in Scandinavia and supplies its services and products to more than 50,000 customers via its “Fire Risk Management” concept.
Aptum was founded in 2005 by Gustav Paringer and Gustav Nord and has become a market leader in fire-fighting solutions and fire safety in northern Sweden. Aptum offers innovative and comprehensive commitments within the fire-protection, training and fall protection sectors. Aptum will continue to operate as a subsidiary of Presto and maintain its strong local presence in northern Sweden.
“For almost 60 years, my vision has been that nobody should become injured and nothing damaged as a result of fires in workplaces. All along, Presto has challenged the industry and pushed the technology forward to create value and provide safety to our customers. Now we are once again transforming the industry and, together with Aptum, we are creating the leading global supplier of risk management for fire-fighting and safety in the Nordic region,” says Anders Danielson, CEO of Presto.
“Becoming part of this group opens up unique opportunities for both Aptum’s and Presto’s customers and employees. Thanks to Presto’s broad expertise in fire risk management and its large customer base, together we will be able to offer a comprehensive concept that will contribute to a safer work environment across the Nordic region,” says Gustav Paringer, CEO of Aptum.
To further strengthen the opportunities of the new group and promote continued growth, Adelis Equity Partners will become the principal owner of the Presto Group. Anders Danielson and the founders of Aptum will remain as the other large owners in the group.
“We have been monitoring both Presto and Aptum over a long time, and we are now proud to become owners of the Nordic region’s leading fire-safety company. We are looking forward to working with the management and to continue investments in future growth and new innovative solutions on behalf of all our customers,” says Erik Hallert at Adelis.
“Adelis has a thorough experience of investing together with successful entrepreneurs and well-managed family companies. By applying a long-term perspective and a shared view on the future, we will jointly develop Presto to become an even stronger player in Scandinavia,” reveals Jan Åkesson at Adelis.
The transaction is subject to competition approval and is expected to be completed in November-December 2018.
For further information:
Anders Danielson, CEO Presto Brandsäkerhet AB, +46 708 76 01 01
Gustav Paringer, CEO Aptum AB, +46 907 80 80 02
Adelis Equity Partners: Erik Hallert, erik.hallert@adelisequity.com, +46 709 36 80 41
About Presto Brandsäkerhet
Presto Brandsäkerhet AB is a comprehensive partner operating in the “Fire Risk Management” field, and it supplies extensive safety services and products related to fire-protection products including nationwide coverage. The company was founded in Katrineholm in 1959. Today it helps all types of companies and organizations to develop customised and efficient risk management related to fire-protection. With close to 60 years of industry experience and a close local presence with more than 300 employees, Presto today is a leading industry player. Presto has operations in Sweden, Norway and Finland. For more information, visit www.presto.se.
About Aptum
Aptum AB is a comprehensive supplier of accident prevention services with its headquarters in Umeå, but it operates throughout northern Sweden. Aptum is uniquely positioned thanks to its broad training portfolio and superior fall-protection solutions. Aptum has 80+ employees in nine different locations. For more information, visit www.aptum.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 17 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.
