Ratos

Ratos is a private equity firm based in Stockholm, Sweden, specializing in the investment and development of unlisted medium-sized companies in the Nordic region. The firm focuses on mature private enterprises across various sectors, aiming to foster long-term, sustainable growth within its portfolio. Ratos actively engages as a partner, providing capital, strategic insight, and access to networks to unlock business opportunities and enhance value. By prioritizing the attraction and development of talent and building strong relationships, Ratos seeks to create a balanced portfolio that delivers healthy returns over time.

Christian Johansson Gebauer

President Business Area Construction and Services

Jonatan Gustafsson

Investment Manager

Anders Slettengren

Executive Vice President

Oscar Tydén

Director of Operations

Jonas Wiström

President and CEO

Jonas Ågrup

CFO

21 past transactions

Vestia Construction

Acquisition in 2021
Vestia Construction is a modern contracting company based in Mölndal, Sweden, specializing in a range of construction services. The company offers construction contracts, maintenance, repair, and remodeling work, aiming to deliver added value to its customers. With a commitment to innovation and a team of skilled professionals, Vestia is focused on achieving new goals and enhancing client satisfaction through high-quality service and effective project management.

Plantasjen

Acquisition in 2016
Plantasjen AS operates a chain of garden superstores in the Nordic region, specifically in Norway, Sweden, and Finland. Founded in 1986 and headquartered in Kongsvinger, Norway, the company specializes in a diverse range of products including flowers, indoor and outdoor plants, garden furniture, and various gardening accessories such as soil and fertilizers. By providing a comprehensive assortment of gardening solutions, Plantasjen aims to meet the needs of customers looking for affordable options for their gardening and home decoration projects. The company sells its products through a wholly owned network of stores, ensuring a consistent retail experience for its clientele.

Gudrun Sjödén Group

Funding Round in 2016
Gudrun Sjödén Group, established in 1976 and based in Stockholm, specializes in the design and manufacture of women's fashion clothing, accessories, and home textiles. The company is known for its unique and colorful designs, with a strong emphasis on sustainability, utilizing eco-friendly materials in its products. Gudrun Sjödén operates 21 physical stores across seven countries, with its largest markets being Germany and Sweden. In addition to its brick-and-mortar presence, the company also offers its products through a global webshop and mail order service, providing customers with access to trendy and environmentally conscious apparel and homeware.

Oase Outdoors

Acquisition in 2016
Oase Outdoors ApS designs, produces, and supplies camping and outdoor pursuits equipment worldwide. It offers tents, camping furniture, sleeping bags, sleeping mats and airbeds, backpacks/bags, and camping accessories. The company was incorporated in 1974 and is headquartered in Give, Denmark with sales offices in European countries; a design studio in Germany; and an additional office in Shanghai, China.

airteam a/s

Acquisition in 2016
airteam a/s offers high quality and efficient ventilation solutions.

TFS Trial Form Support

Acquisition in 2015
TFS Trial Form Support International AB is a clinical contract research organization based in Lund, Sweden, that provides comprehensive clinical development solutions across Europe, North America, and globally. Established in 1994, TFS offers a wide range of services, including clinical development planning, regulatory affairs, feasibility studies, clinical operations, patient recruitment, clinical data management, biostatistics, pharmacovigilance, medical writing, and training for clinical research professionals. The company also specializes in flexible staffing solutions and customized functional service provider programs to meet diverse client needs. TFS's expertise in regulatory and clinical trial requirements across various countries facilitates the efficient progression of clinical trials, aiming to expedite the delivery of healthcare innovations to patients.

Speed Group

Acquisition in 2015
Speed ​​Group is a service provider in logistics, production and crew including services such as recruitment and training.

LEDiL

Acquisition in 2014
Ledil specializes in the design and manufacture of secondary optics for LED lighting, including lenses and reflectors tailored for commercial applications such as street lighting, retail environments, and office spaces. By utilizing specific shapes and materials, Ledil's products effectively manage light output, allowing clients to enhance energy efficiency and improve the comfort and functionality of illuminated areas. The company markets its proprietary products through a network of direct sales and distributors across Europe, North America, and Asia, while its manufacturing operations are outsourced to subcontractors in Finland and China.

Nebula

Acquisition in 2013
Nebula is a Finnish ICT service company whose services ensure a secure and reliable IT environment for its customers. They recognize that your company has individual needs, and they have designed their services to improve the efficiency of your operations and create new opportunities for you. Regardless of the size and industry of your company, their comprehensive service range offers you the opportunity to improve the efficiency, reliability and availability of your ICT functions. They have an exceptionally strong reputation as a fast and flexible provider of high-quality services. Their most recent average customer score from tens of thousands of customers on a scale of 1–5 is 4.2, and 90% of their customers are prepared to recommend us. This gives us a strong foundation for further improvement. Their high customer satisfaction is due to their flexible approach to operations in order to meet individual needs, as well as solutions based on best practices. Their emphasis on innovation ensures that their high-quality services will be continuously developed further. Their operations have always been profitable. They are a financially sound company that recorded net sales of approximately EUR 28.6 million in 2014. Services they produce cover currently 17% of all Internet traffic in Finland.

Aibel

Secondary Market in 2012
Aibel AS is a provider of engineering, procurement, and construction (EPC) services primarily serving the oil, gas, and renewable energy sectors globally. Established in 1993 and headquartered in Stavanger, Norway, the company offers a comprehensive range of services that encompass concept studies, front-end engineering design (FEED), fabrication, installation, system completion, maintenance, operational support, and decommissioning. Aibel maintains a strong presence with additional offices located in various Norwegian cities, as well as in Thailand, Singapore, and Denmark. The company is focused on delivering solutions throughout the entire life cycle of projects in the energy sector.

Stofa

Acquisition in 2010
Stofa provides radio, cable TV, broadband, and telephony services to residential users in Denmark.

Contex

Acquisition in 2007
Contex develops, manufactures, and markets large format scanning and large format imaging solutions. It helps people to share, store, and enhance paper plans and creative drawings digitized.The company offers HD, SD, and IQ series scanners for various document types, such as CAD and engineering, documents to archive, maps and GIS, and artwork and photos. Contex was founded on 1923 and is based in Alleroed, Denmark.

AH Industries

Acquisition in 2007
AH Industries A/S is a manufacturer specializing in machined steel, cast, and metal components for various industries, including wind energy, cement, minerals, offshore, marine, and machinery. The company produces a wide range of products such as hubs, base frames, main bearing houses, main shafts, nacelle components, and tower parts for wind turbines. In marine applications, it offers propellers and rudder parts, while in the cement industry, it provides axles, shafts, crushers, and grinders. Additionally, AH Industries designs and manufactures components for transportation, including motor blocks and turbocharger parts, as well as parts for gas turbines and generators. The company also engages in machining, surface treatment, assembly, and logistics services, alongside developing lifting and handling equipment for wind turbine projects. Founded in 1987 and headquartered in Ribe, Denmark, AH Industries has manufacturing facilities in both Ningbo, China, and Horsens, Denmark. It operates as a subsidiary of Euro Steel Invest Af 1/1 2012 A/S.

EuroMaint AB

Acquisition in 2007
EuroMaint AB specializes in technical maintenance services for rolling stock fleets, offering a comprehensive range of maintenance and refurbishment solutions. These services include the provision of spare parts, refurbishment, and servicing of various components, as well as the replacement of critical components such as wheels, bogies, traction motors, and electronics. The company caters to track-mounted vehicles, encompassing freight carriages, passenger trains, locomotives, and work machines. EuroMaint serves clients in the rail transport industry both in Sweden and internationally, with operations extending to Belgium, Latvia, the Netherlands, and Germany. Established in 2001 and based in Solna, Sweden, EuroMaint AB was previously known as SJ Engineering before rebranding in January 2001. As of July 31, 2019, it operates as a subsidiary of Construcciones y Auxiliar de Ferrocarriles, S.A.

Mobile Climate Control

Acquisition in 2007
MCC develops, manufactures and sells complete climate control systems for commercial vehicles. The company is focuses on customised solutions in short and mid-size series.

Flokk

Acquisition in 2007
Flokk is a manufacturer and supplier of workplace furniture based in Oslo, Norway. The company specializes in the design, development, and production of individual office seating. Flokk is committed to minimizing its environmental impact by striving for a low carbon footprint and avoiding the use of toxic chemicals. Additionally, the company focuses on reducing its reliance on non-renewable resources, reflecting its dedication to sustainable practices within the furniture industry.

Anticimex

Acquisition in 2005
Anticimex is a global specialist in preventive pest control with operations in 17 counties across Europe, Asia-Pacific and the US with headquarters in Stockholm, Sweden. With its approximately 4,500 employees, Anticimex serves more than 3 million customers across the globe and offers a broad range of preventive pest control solutions, including the digital solution Anticimex SMART and pest insurance.

Arcus-Gruppen

Acquisition in 2005
Arcus is a Nordic branding company for wine and spirits. The company is the world's largest producer of akevitt, and has strong market positions in wine and spirits throughout the Nordic region. The domestic markets are Norway, Sweden, Denmark, Finland and Germany.

Bisnode

Acquisition in 2005
Bisnode is a European Data & Analytics company, with operations in 19 countries and 2,100 employees. Bisnode helps companies find and manage their customers throughout the customer lifecycle. They do this by pioneering Smart Data to enable their customers to make smart decisions. It means that they can match and analyze their customers' data with their data and the data that today's connected world generates, so-called Big Data. More than 150,000 customers benefit from their Smart Data as a service. They help them manage their data, manage risks in their customer portfolios, and strengthen their overall decision ability – ultimately increasing their sales and revenues. Their database is unique, comprising a large share of companies, individuals, real estate, and vehicles in Europe. Bisnode is the largest strategic partner of Dun & Bradstreet, the global provider of business information for more than 250 million companies in 220 countries, since 2002.

Inwido

Acquisition in 2004
Inwido AB is a prominent European supplier of windows and doors, headquartered in Malmö, Sweden. Founded in 1811, the company operates in multiple countries, including Sweden, Denmark, Finland, Norway, Estonia, Germany, Lithuania, Ireland, Poland, the United Kingdom, and Austria. Inwido develops, manufactures, and sells a diverse range of products, including wood, aluminum, PVC windows, and various door types. Its offerings also include fittings and coatings, as well as innovative "smart windows" equipped with features such as antibacterial glass and mobile-operated locks. The company markets approximately 20 strong local brands, such as Elitfönster and Tiivi, and sells its products through different channels, including direct sales, retailers, construction companies, and e-commerce platforms. The majority of its revenue is generated in Sweden, and Inwido's extensive product portfolio caters to both consumers and the construction industry.

Hafa Bathroom Group

Acquisition in 2001
Hafa Bathroom Group AB, established in 2006 and based in Halmstad, Sweden, specializes in the design and manufacture of a wide range of bathroom products. With over 50 years of industry experience, the company offers a diverse product lineup that includes bathroom furniture, showers, steamers, baths, and mixers. Hafa places a strong emphasis on quality and design, ensuring that all products are developed in Sweden. The company operates through subsidiaries in the Nordic region and the Russian Federation, providing customers with unique offerings and flexibility in their bathroom solutions.
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