Hjo Installation

Hjo Installation is a Swedish industry leader providing multidisciplinary installation services and solutions. The company helps its customers optimise energy efficiency and is set to benefit from increasing sustainability demands in society, including the ongoing energy transition. Since being founded in 2019, the company has recorded impressive growth figures, completed a large number of acquisitions and now comprises 51 businesses all over Sweden. Hjo Installation’s innovative decentralised approach, impressive portfolio of services and strong sustainability focus have laid a solid foundation for the company’s further growth.

Company Background

• Multidisciplinary installation services provider with a diversified portfolio of companies across electricity, heating, plumbing, and ventilation
• Large portion of reoccurring revenue with a focus on service contracts and renovation engagements
• Fast-growing company with an historical organic annual growth rate of over 15 percent
• Solid foundation for further growth. Hjo Installation is well positioned to benefit from market trends, an ageing property stock in Sweden, and increasing sustainability demands from customers

Vision & Outlook

• Hjo Installation fits well into Nordic Capital’s focus on supporting growth companies with a sustainability profile
• Nordic Capital will in partnership with the company’s management and founders leverage the company’s impressive business strategy and sustainability agenda to support further growth
• Hjo Installation will also be able to draw on Nordic Capital’s deep sector expertise and extensive industry network
• Tangible value creation plan with high degree of relevance of previous Nordic Capital I&BS investments