Swedish PE fund Amplio has entered into an agreement to acquire Edekyl & Värme, a leading provider of heating and cooling solutions, as part of its ambition to create a leading platform within energy optimisation. Edekyl & Värme, together with Amplio’s existing portfolio company Ferla, will form a new group, Tedge Energy, creating a challenger in the energy optimisation market, providing systems and services to accelerate the energy transition. Following the transaction, the new Tedge Energy group will have revenues of approximately SEK 450 million and 130 employees.
The completion of the transaction is subject to customary regulatory approvals.
Amplio and Ferla were advised on the transaction by KANTER.