Ljung & Sjöberg partners with Priveq Investment to enhance its growth and leadership in addressing workplace addiction issues in Sweden.
Target Company Overview
Ljung & Sjöberg is a leading private training and care provider focused on addressing alcohol and drug-related issues within the corporate sector in Sweden. Established in 2005, the company collaborates with approximately a hundred employers, particularly large organizations, to deliver programs aimed at prevention, intervention, and rehabilitation. With a dedicated team of around 40 employees, Ljung & Sjöberg has built a reputation for helping businesses effectively manage substance abuse challenges and improve workplace productivity. The company's headquarters is located in Stockholm, and its services extend across the entirety of Sweden.
Currently, an estimated 20% of Sweden's population engages in harmful alcohol or drug use. The economic impact of substance abuse is significant, with annual costs estimated at 3-5% of the country's total wage expenditure, amounting to roughly SEK 45 billion. These costs arise from various factors including mistakes, reduced productivity, poor decision-making, and increased sick leave. Ljung & Sjöberg stands as the market leader in this specialized niche, attributed to its proactive approach, distinctive treatment processes, and comprehensive service offerings that effectively address these critical issues.
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Industry Overview in Sweden
In Sweden, the societal impact of alcohol and drug use poses considerable challenges, not only for individuals but also for businesses and the economy at large. The increasing prevalence of substance abuse has necessitated a robust response from employers, particularly since it directly influenc
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Priveq Investment
invested in
Ljung & Sjöberg
in 2023
in a Growth Equity & Expansion Capital deal