At what enterprise value was SERTION acquired in 2026?

You can find the full valuation details of SERTION on mynth capital. By registering for free, you get access to complete and exact transaction details including enterprise value, revenue, and EBITDA. Additionally, our database shows that the Business Services industry currently tracks an average EBITDA multiple of 11.1x, providing a valuable benchmark for this transaction.

What was the EV/EBITDA of SERTION when it was acquired by ALTOR?

The exact EV/EBITDA multiple for SERTION is available on mynth capital. For comparison, the Business Services sector currently shows an average EBITDA multiple of 11.1x. Join our community for free to access full valuation data and industry trends.

When was SERTION acquired by ALTOR?

SERTION was acquired by ALTOR in 2026.

What was the revenue of SERTION at the time of the deal?

The revenue of SERTION at the time of the deal is estimated to be in the range of 2.5b - 5b SEK. Register for free to access the full transaction report and exact valuation multiples.

What is Enterprise Value (EV)?

Enterprise Value (EV) is a measure of a company's total value, often used as a more comprehensive alternative to equity market capitalization. EV includes in its calculation the market capitalization of a company but also short-term and long-term debt as well as any cash on the company's balance sheet.

What is the EV/EBITDA multiple and why is it used?

The EV/EBITDA multiple is a financial ratio that compares a company's Enterprise Value (EV) to its Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA). It is widely used in M&A and valuation because it allows for comparisons between companies with different capital structures and provides a clear view of operational profitability.

How is the data for the SERTION acquisition sourced and is it reliable?

Mynth data is contributed by a professional community of M&A and Private Equity experts. Each transaction, including the SERTION deal, is systematically cross-verified by our team using private deal documents and official sources. You can also find the official press release for this transaction here: https://sertion.com/sertion-welcomes-altor-as-new-majority-owner-and-partner/

← DATABASE

Home Database Business ServicesSERTION

05/2026

SERTION

Acquired by

ALTOR

SWEDEN Industrial Services / Other Works / Welding & Piping Services REV 2.5b - 5b SEK

SERTION acquired by ALTOR

SWEDEN Industrial Services / Other Works / Welding & Piping Services REV 2.5b - 5b SEK

Context

Altor, through its investment vehicle Altor Fund VI, acquires a majority stake in Sertion, with entrepreneurs and management reinvesting meaningfully and remaining key owners. The transaction is expected to accelerate Sertion's next phase of growth across existing markets and into new geographies, leveraging Altor's expertise and resources to support the company's expansion. The partnership will enable Sertion to further strengthen its market position, driven by its strong local entrepreneurship and the advantages of scale. With Altor's support, Sertion is well-positioned to continue its above-market growth and strategic expansion, while maintaining its focus on delivering high-quality services to its customers. The transaction is subject to customary regulatory approvals and is expected to close in the near future. The strategic rationale behind the deal is to create a leading Nordic platform for complex pipework services, with a strong focus on technical expertise, customer proximity, and operational performance. The deal has significant market implications, as it is expected to drive growth and consolidation in the Nordic pipework services market, while also creating new opportunities for Sertion to expand into new markets and geographies.

SERTION, which reported an EBITDA margin of LOGIN in 2025, is valued in this transaction at an EV/EBITDA multiple of LOGIN, a level to compare with the average currently observed in the Business Services sector (11.1x).

Note that 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.

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Target

Sertion AB is a leading Nordic specialist in complex pipework services, serving a broad range of commercial, industrial, and infrastructure end-markets where reliability, technical expertise, and safety are essential. The company operates across the full pipework value chain, from engineering and prefabrication to installation, service, and ongoing operations, delivering its services through 16 local entities and approximately 1,000 full-time employees across Sweden, Norway, and Denmark. Sertion combines strong local entrepreneurship with the advantages of scale, enabling market-leading customer proximity and operational performance. The company has demonstrated consistently strong organic growth and margin expansion, with a proven track record of delivering high-quality services to its customers. With its deep technical expertise and complementary services across local entities, Sertion is well-positioned to continue its above-market growth and strategic expansion, supported by a proven and experienced management team.

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Historical Financials (SEK)

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2025

2024

Other operations with SERTION

REFERENCES

Revenue range: 2.5b - 5b SEK

Note: This page provides detailed data on a private equity M&A transaction. Detailed and exact financial metrics for the acquisition of SERTION by ALTOR are reserved for mynth community members. Register for free to unlock full data.

Authors: mynth contributor (mynth data is contributed by M&A / PE professionals and systematically cross-verified with private deal documents and official press releases).

Press release: view release

Target: sertion

Acquirer: altor