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.
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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