Netel

Netel is a leading Nordic service provider for communication and electrical networks, offering services ranging from planning and project management to design and maintenance.

With its project management focus, extensive sub-contractor network, and entrepreneurial heritage and culture, the company acts as a collaborative partner to telecom operators, network owners, property owners, construction companies, housing companies and cooperative housing associations.

Headquartered in Stockholm, Netel has around 340 employees and generated pro forma revenue of approximately MSEK 1,500 in 2015.

Value creation strategy
  • Organic growth in existing core segments (fixed and mobile telecom)
  • Further diversification into adjacent segments and geographies
  • Selective add-on acquisitions
  • Operational improvements
Investment history
  • Acquired from Axcel in July 2016
Country

Press releases
IK Investment Partners to acquire Netel from Axcel
Netel acquires 100% of the shares in Nett-Tjenester AS
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