News. 21/09/23

Leif Gustafsson joins the PropTech Group with the aim of building a market leader within energy efficiency and property services

Leif Gustafsson joins PropTech as chairman of the board – with ambitions for the group to grow in the Nordics. PropTech is a one-stop shop for indoor climate, energy efficiency and other property services, and was acquired by Procuritas in the summer of 2023. PropTech Group aims to grow its business organically and through strategic M&A-activities in the Nordic countries.

”I’m very excited to join PropTech, with its strong brands and successful companies Ömangruppen and Axcell Fastighetspartner. As energy efficiency and better property management is crucial for a more sustainable way of living and working, I believe we are well placed to make a real difference. Together with the management team, I look forward to finding new possibilities and partners in the Nordic property services sector going forward”, says Leif Gustafsson.

Leif Gustafsson’s former roles include President and CEO Cramo Group, CEO Stena Recycling and CEO YIT Sverige AB (today Caverion).

Procuritas has a proven track record of successful service consolidations in growing industries. The fact that properties account for a staggering 40% of Sweden’s energy consumption, and new EU taxonomy regulations are set to impose heightened energy-saving requirements for property owners, will open up for business opportunities in the sector. ”It’s easy to recognize the immense potential for growth and impact in this sector, particularly in the context of the ongoing climate transition. We are thrilled to welcome Leif Gustafsson to the PropTech team and believe his experience from adjacent services industries and vision for the future align with our mission to lead the way in sustainable property solutions. PropTech is poised to accelerate its journey towards shaping a more energy-efficient, environmentally responsible, and customer-focused real estate sector in the Nordics”, says Mattias Feiff, Co-Managing Partner at Procuritas.

For further information, please contact:
Mattias Feiff
+46 8 506 143 00
mattias.feiff@procuritas.com

About Procuritas
Procuritas is a mid-market Nordic private equity investor, building up niche market-leading companies through transformative growth in service industry consolidations, digital consumer businesses, software and select industrial sectors. As the longest-established private equity firm in the Nordics with a 35-year track record, Procuritas has carefully invested in more than 50 companies, accelerating their growth and helping them to realize their true business potential. The long-serving team is characterized by its passion for business, hands-on experience, enthusiasm, commitment to ESG-linked value creation initiatives and strong belief that they are allies in the quest to build strong and sustainable businesses.

About PropTech
The PropTech group consists of Ömangruppen and Axcell Fastighetspartner, two value-driven and owner-run subsidiaries. The head office is in Växjö, Sweden, but the companies operate throughout southern and central Sweden as well as in Luleå and Örnsköldsvik. Customers are large and small property owners, as well as industrial, public and commercial real estate customers. The group has over 300 employees and 30 local offices. www.pt-s.se

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