Frontit has partnered with Priveq Investment to enhance its growth potential and further establish its market presence in the consultancy sector.
Information on the Target
Frontit is a prominent consultancy firm that specializes in management, project, and program management as well as training services targeting both the private and public sectors. The company is headquartered in Sweden and has established a robust presence with offices in Stockholm, Sundsvall, Västerås, Örebro, Norrköping, and Malmö. With approximately 190 employees, Frontit is committed to assisting organizations in effectively managing operational changes and enhancing business performance. Under the leadership of Pierre Bjurhager since its inception in 2007, Frontit has built a reputation as one of Sweden's best workplaces, earning the 'Great Place to Work' designation for seven consecutive years. In 2017, the company recorded a turnover of SEK 188.5 million.
As a value-driven organization, Frontit places great emphasis on an open and inclusive corporate culture, with the vision of developing both individuals and enterprises to achieve their utmost potential. The company is now poised for further growth by partnering with Priveq Investment, a reputed investment firm, which will become the main stakeholder while acknowledging the contributions of its previous ownership.
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Industry Overview in Sweden
The consulting industry in Sweden has witnessed a steady growth trajectory in recent years, fueled by an increasing demand for professional services in management and IT consulting. Companies are seeking external expertise to navigate complex operational
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Priveq Investment
invested in
Frontit
in 2023
in a Growth Equity & Expansion Capital deal
Disclosed details
Revenue: $22M