Boxflow, a rapidly growing Swedish logistics company, has secured Priveq as a growth partner to accelerate its expansion and pursue a billion-dollar valuation by 2030.

Target Information

Boxflow is a rapidly growing company specializing in contract logistics and staffing solutions. Since its inception in 2019, Boxflow has positioned itself as Sweden's fastest-growing logistics firm, achieving profitability and generating over 300 million SEK in revenue during 2023. The company has demonstrated remarkable growth in a competitive sector, signaling its strong operational capabilities and market demand.

With Priveq's involvement as a growth partner, Boxflow aims to maintain its trajectory of organic growth while also pursuing acquisitions in a relatively fragmented industry. The company's strategic vision includes becoming a billion-dollar entity by 2030 and leading the transformation towards a more sustainable logistics chain characterized by high levels of digitization and electrification.

Industry Overview

The logistics industry in Sweden has seen significant evolution over recent years, spurred by changes in consumer behavior and the demand for efficient supply chain solution

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Priveq

invested in

Boxflow

in 2023

in a Growth Equity & Expansion Capital deal

Disclosed details

Revenue: $30M

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