Go to deals
TMT

Devellum Design & Development AB has been acquired by Projektengagemang i Stockholm AB

Peter Wallin, owner of Devellum Design & Development AB (Devellum), has sold the company to Projektengagemang i Stockholm AB (Projektengagemang) for an undisclosed consideration.

Founded in 1994, Devellum focuses on product development, mechanical design and project management in the manufacturing industry. A large part of the ownership has been distributed among the employees in connection with the disposal. Going forward, the company will continue to be based in Kalmar but intends to grow both in Sweden as well as internationally through Projektengagemang’s contact network.

Projektengagemang is a consulting group operating within infrastructure, buildings, energy and industry. The group comprises a number of subsidiaries that offer holistic solutions as well as specialist skills.

Oaklins' team in Sweden advised the seller in this transaction, managing the implementation of a generational shift and development opportunities for Devellum and its employees, as well as the seller’s preferences of a fair value of the company.

Parties

Talk to the deal team

 Johan  Wiström

Johan Wiström

Associate Partner
Stockholm, Sweden
Oaklins Sweden

Related deals

Perkbox has been acquired by Great Hill Partners
Private Equity | TMT

Perkbox has been acquired by Great Hill Partners

Molten Ventures has sold Perkbox to Great Hill Partners.

Learn more
Arculus Cyber Security has been acquired by Bridewell
Private Equity | TMT

Arculus Cyber Security has been acquired by Bridewell

The shareholders of Arculus Cyber Security (Arculus) have sold the business to Bridewell. The deal will bolster Bridewell’s growing roster of accreditations as well as strengthen its public sector footprint, enabling the expansion of its end-to-end cyber security offering for clients across the globe.

Learn more
PCI Pal has completed an equity raise
Financial Services | TMT

PCI Pal has completed an equity raise

PCI Pal has completed a fundraising. Funds will be allocated towards several key areas, with a significant portion directed towards supporting its continued expansion in the US, focusing on marketing efforts, product marketing and enhancing engagement with key partners.

Learn more