Acquisition of Buildercom

Storskogen

Posted on

2 Sep

2021

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Fast facts

Status:

Ongoing

Cross-border:

Yes

Jurisdictions:

Sweden and Finland

Deal value:

SEK 900m

We acted as Finnish counsel to Storskogen on the acquisition of Buildercom from Ceder Capital.

Storskogen has agreed to acquire from Ceder Capital and several minority shareholders the majority of the shares in Buildercom, Adero, SoVent, Viametrics and Persson Innovation. The companies had a combined turnover of approximately SEK 900 million in 2020.The five companies that Storskogen has agreed to acquire are currently among the holdings in the investment company Ceder Capital’s first fund.

The Finnish company Buildercom is a provider of cloud-based information management solutions for property owners and construction companies. Buildercom’s platform offers information management and archiving services that are used during a property’s entire life cycle.

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