Coeli Group and Aspira Partners successfully executed a partial exit from Teqt and Qflow, raising over 850 million SEK through institutional bids, reflecting significant value creation and growth in both companies since their inception.

Target Overview

Coeli Group and their long-term investment partner, Aspira Partners, successfully executed a partial exit from their investments in Teqt Group and Qflow Group. This transaction, which involves substantial share holdings in both companies, has attracted bids from institutional investors totaling over 850 million SEK. The deal signifies a successful divestiture for Coeli, Aspira, and several other investors, predominantly comprising clients from Coeli's Wealth Management sector and investor networks.

Industry Overview

The Teqt Group, established in 2021, has quickly ascended to become a Nordic leader in roofing installations, achieving impressive revenue growth from approximately 250 million SEK to over 2 billion SEK. With a portfolio of 43 companies and more than 50 offices across Sweden, Norway, Finland, and Germany, Teqt employs over 900 staff members and provides a comprehensive range of roofing services including renovations, new constructions, metal works, maintenance, solar panels, and niche segments such as green roofs.

Qflow Group, founded in 2022, has emerged as a leading specialist firm in the technical consulting market, growing from approximately 120 million SEK to over 1.4 billion SEK in revenue. It comprises 23 c