May 24, 2024
Translink Corporate Finance in Sweden advised the shareholders of Newsafe, a prominent provider of comprehensive security system solutions, on the sale to SELATEK, a portfolio company of Amplio Private Equity.
With strategically located offices in Stockholm, Västerås, and Gävle, Newsafe has become a market leader in the Swedish security industry, generating revenues of approximately 150 million SEK and employing nearly 60 people. With a well-established customer base and highly skilled employees, Newsafe has achieved impressive growth with strong and sustained profitability over the years. The current owners will continue to serve in their operational roles as well as owners within the joint group.
Magnus Löfgren, CEO of SELATEK, says, “We are enthusiastic about welcoming Newsafe to SELATEK. Newsafe is known for its high-quality fire- and security solutions as well as its technical expertise and will significantly strengthen our existing offering within security solutions. Newsafe demonstrates strong synergies with both our electrical segment and our current security offering, and the acquisition is an important strategic milestone for SELATEK. We see great opportunities with Newsafe in the Group and look forward to growing and further developing the business area together.”
Joakim Lorenz, CEO of Newsafe, says, “We are pleased to become part of SELATEK and to take the next step in our growth journey. As a company we will continue to build on our strong company culture, while enjoying the resources and synergies in a larger group with both electrical installations and security capabilities. Together with our new colleagues, we look forward to fortifying our market position and service offering, ultimately delivering greater value to our customers.”
“We are very satisfied with Translink Sweden’s efforts in the sale of Newsafe. Their constant availability and structured focus on us as owners have provided assurance throughout the entire process. The team has demonstrated great experience and professionalism in finding the right partner who understands our core values and corporate culture,” Lorenz added.
Joseph Baudtler, Associate at Translink Sweden, says, “It has been a great pleasure to work with Newsafe, with its strong position in the Swedish security industry. The owners, together with their employees, have achieved a fantastic growth journey, and it will be exciting to follow Newsafe’s continued success as a part of the SELATEK group.”
Contact our Team Members advising in this transaction:
Translink Corporate Finance is a world leader in cross-border mid-market M&A advisory services, specialising in transactions ranging from €10M to €250M. Established in 1972, with over five decades of experience, we get the deal done. We are a trusted global group with over 400 experts worldwide, and a proven track record with long-standing clients and deep sector specific knowledge. At Translink Corporate Finance, we are easy to approach, and our core ethos revolves around the pursuit of sustainable value creation for our clients – whose best interests always come first.
Anecta Translink, our partner in Sweden, is a M&A advisor working with national and cross-border transactions. The company’s success in this segment is based on a wide industrial network and the fact that many of the team members have backgrounds as executives in Swedish industrials.
