Triton-backed Ramudden buys LKJ-Palvelut

Ramudden employed 32 people in Finland prior to the transaction, where it generated sales of €4.8m in 2017. LKJ-Palvelut also generated €4.8m sales in 2017, and all 44 of its employees will transfer to Ramudden.

Triton acquired Ramudden in a secondary buyout from IK Investment Partners in December 2017. At the time of the acquisition, the company employed 450 people and generated revenues of €70m across the whole group.

Company
LKJ-Palvelut was founded in 2011 and is based in Helsinki and Lahti, Finland. The company provides temporary traffic arrangement services for construction. It generated €4.8m sales in 2017, of which 45% came from services, 45% from hiring and the remaining 10% from product sales.

People
Ramudden Group – Hans-Olov Blom (founder, CEO).

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