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Ramudden

Status
Realised
Country
Sweden
Norway
Finland
Strategy
Mid Cap
Entry
Jun-14
Exit
Dec-17
Fund
IK VII

Leading specialist provider of temporary traffic control services in the Nordic region

At the time of exiting, Ramudden was a leading specialist provider of work zone safety services (primarily road safety) in the Nordic region, operating through a network of more than 60 depots. The company, which was founded in 2005, was a leading player in the Swedish market and also present in Norway and Finland since 2009 and 2012 respectively, with headquarters in Gävle and Sundsvall, Sweden.

Ramudden’s products and services included the rental of essential temporary traffic control equipment (such as traffic barriers and guide signs), traffic arrangement plans, education programmes, and surveillance and maintenance services. Key customers included civil engineering contractors and construction companies.

Ramudden was acquired from the founder by the IK VII Fund in June 2014, and exited to Triton in December 2017.

Our Value Creation Strategy

During our ownership, we worked alongside the management team to:

  • Facilitate organic growth in existing locations by leveraging strong underlying market trends;
  • Drive expansion of geographical presence in current and new markets;
  • Achieve wide-ranging operational improvements; and
  • Utilise a strategy of selected add-on acquisitions.