Hemma Bäst Gruppen has acquired Driftia Förvaltning and Driftia El, consolidating its position in the Stockholm property management market with a combined revenue nearing SEK 250 million.

Information on the Target

Hemma Bäst Gruppen has acquired Driftia Förvaltning and Driftia El, two well-established companies based in Stockholm. Driftia Förvaltning was founded in 1993 and has since been dedicated to providing property management services within the Stockholm market. Over the years, the company has experienced substantial growth, currently generating approximately SEK 80 million in revenue and employing around 70 staff members. The previous owners of Driftia, primarily comprising the company's founders and key employees, will reinvest in Hemma Bäst Gruppen and become significant stakeholders in the combined entity.

This acquisition strengthens Hemma Bäst Gruppen's position in the property management market, specifically within housing cooperatives (BRF) in the Stockholm area. Following the acquisition, Hemma Bäst Gruppen's total revenue will approach SEK 250 million. Additionally, Driftia will now be able to leverage the group's comprehensive service offerings, including financial management, and utilize the leading IT platform, Realnode, to better serve their clients.

Industry Overview in Sweden

The property management sector in Sweden, particularly in urban centers like Stockholm, has witnessed significant evolution over the past decade. With a growing demand for efficient, technology-driven management services, companies in this sector are increasingly