Evolver Fund I has successfully completed the sale of its majority interest in Inprocon AB to VINCI Energies, marking a significant exit for the Finnish private equity firm. Since the initial partnership, Inprocon has undergone a substantial transformation, evolving into a leading Swedish fire protection solutions provider through a proactive buy-and-build strategy. The strategic rationale for VINCI Energies lies in the significant strengthening of its Fire Protection Solutions Group within the Building Solutions Network. By integrating Inprocon’s specialized capabilities in sprinkler systems and fire tech engineering, VINCI Energies enhances its regional footprint across the Swedish market and expands its portfolio of multi-technical services. The transaction enables Inprocon to leverage the acquirer’s global resources and financial backing to enter its next phase of growth. This acquisition aligns with the broader industrial trend of consolidating mission-critical technical building services under global engineering platforms to better serve large-scale infrastructure and industrial clients.

This transaction is part of the Business Services industry, which currently tracks an average EBITDA multiple of 11.1x since the beginning of 2026, 0.5% decrease compared to 2025. This data is based on contribution from our growing community, composed of M&A and Private Equity professionals, and has been verified by our team to ensure its accuracy.