The fire safety equipment maintenance industry in the Nordics is crucial for ensuring created spaces remain safe and compliant with regulations. Companies in this industry encompass manufacturers and service providers who offer a range of products and services, including inspection, maintenance, and installation of fire safety equipment. With increasing awareness of safety measures and stricter legislation, this industry is poised for forward momentum. Innovations in smart fire detection systems and eco-friendly materials are reshaping how companies approach safety. Moreover, as various sectors, such as technology and healthcare, heavily rely on fire safety, tapping into this industry proves essential now and in the future.


The investors in this list are a mix of prominent corporate entities and private equity firms, primarily based in Stockholm, Sweden, with a presence in other Nordic capitals like Oslo and Helsinki. They vary significantly in size, operating from 50 to over 10,000 employees, with founding years spanning from 1944 to 2014. Collectively, these investors initiated 55 transactions in 2024, demonstrating strong activity and commitment in the fire safety equipment maintenance domain. Notable players include ASSA ABLOY Group and Indutrade Life Science, both significantly investing in enhancing fire safety solutions.


Top 17 Fire Safety Equipment Maintenance Investors in the Nordics


1. ASSA ABLOY Group

  • Website: assaabloy.com
  • Type: Corporate
  • Headquarters: Stockholm, Stockholm, Sweden
  • Founded year: 1994
  • Headcount: 10001+
  • Number of deals in 2024: 21
  • LinkedIn: assaabloy

ASSA ABLOY Group, founded in 1994 and headquartered in Stockholm, Sweden, is a leading security solutions provider specializing in locks, doors, gates, and entrance automation. With a workforce exceeding 10,000 employees, the company has established itself as a leader in the security industry through innovation and a diverse product portfolio. In recent years, ASSA ABLOY has made significant strides in the fire safety equipment sector through strategic acquisitions. Notably, they acquired Małkowski-Martech S.A., which specializes in fire-rated products, enhancing their offerings in this critical area. Additionally, their acquisition of Portafeu, a French company known for customized fire doors, further strengthens their position in the fire safety market. These acquisitions reflect ASSA ABLOY's commitment to expanding its capabilities in fire safety equipment maintenance and solutions, making them a relevant player in this industry.


2. Securitas Group


Securitas Group, founded in 1934 and headquartered in Stockholm, Sweden, is a prominent corporate investor in the security services industry. The company provides a comprehensive range of security solutions, including advisory services, on-site guarding, and technology-driven security, catering to various sectors such as aviation, construction, and retail. Notably, Securitas has made significant strides in the fire safety equipment maintenance sector through its acquisition of Dansk Brandteknik in February 2021, which is recognized as a leading provider of fire protection services in Denmark. This acquisition not only highlights Securitas's commitment to enhancing its fire safety offerings but also marks its largest transaction in Denmark to date. Furthermore, Securitas has a history of strategic acquisitions that bolster its position in the security market, including the acquisition of Südalarm Wachtel GmbH and Proteg, which contribute to its overall service portfolio.


3. Indutrade Life Science

  • Website: indutrade.se
  • Type: Corporate
  • Headquarters: Stockholm, Stockholm, Sweden
  • Founded year: 1978
  • Headcount: 1001-5000
  • Number of deals in 2024: 14
  • LinkedIn: indutrade-life-science

Indutrade Life Science is a corporate investor based in Stockholm, Sweden, founded in 1978. The company operates as part of an industrial group that specializes in developing and acquiring companies with high technical expertise across various sectors, including technology and industrial products. Notably, Indutrade has made significant strides in the fire safety equipment sector, exemplified by its acquisition of Fire Proof BV, a Dutch distributor of passive fire protection products, which was announced on February 1, 2021. This acquisition, with annual sales of approximately EUR 7 million, highlights Indutrade's strategic interest in fire safety solutions. Furthermore, the company has also acquired Noby AS, a specialist in security and safety products, indicating a broader commitment to safety-related industries. Indutrade's decentralized structure allows its subsidiaries to operate independently while benefiting from the group's resources, fostering long-term relationships with customers and enhancing their market presence in critical sectors such as fire safety.


4. Instalco

  • Website: instalco.se
  • Type: Corporate
  • Headquarters: Stockholm, Stockholm, Sweden
  • Founded year: 2014
  • Headcount: 1001-5000
  • Number of deals in 2024: 2
  • LinkedIn: instalco

Instalco is a corporate service company based in Stockholm, Sweden, specializing in installation and consulting across various fields, including plumbing, electrical, ventilation, and industrial services. Founded in 2014, Instalco operates through a decentralized model, enabling local companies to maintain their identity while benefiting from shared resources and best practices. Notably, Instalco has expanded its portfolio by acquiring Sprinklerbolaget Stockholm AB, a fire protection company, in January 2018. This acquisition allows Instalco to leverage synergies with its existing units and enhances its capabilities in the fire safety equipment maintenance sector. Additionally, Instalco has made several other acquisitions in related fields, further solidifying its position in the construction and industrial services market.


5. Lagercrantz Group AB

  • Website: lagercrantz.com
  • Type: Corporate
  • Headquarters: Stockholm, Stockholm, Sweden
  • Founded year: 2001
  • Headcount: 1001-5000
  • Number of deals in 2024: 6
  • LinkedIn: lagercrantz

Lagercrantz Group AB is a technology group based in Stockholm, Sweden, founded in 2001. The company operates approximately 80 subsidiaries that provide specialized technical solutions across various sectors, including Electrify, Control, and TecSec. Their business model emphasizes acquisitions and organic growth, catering primarily to business customers seeking tailored technology solutions. In 2023, Lagercrantz Group made significant strides in the fire safety equipment sector by acquiring Fireco Ltd, a UK-based company specializing in fire door hardware, and Supply Plus Limited, a leader in fire rescue equipment. These acquisitions are expected to positively impact their earnings and enhance their presence in the fire safety market. Additionally, they acquired Suomen Diesel Voima Oy, a manufacturer of fire sprinkler pumps, further solidifying their commitment to the fire safety equipment maintenance industry.


6. Bravida

  • Website: bravida.se
  • Type: Corporate
  • Headquarters: Stockholm, Stockholm, Sweden
  • Founded year: 2000
  • Headcount: 10001+
  • LinkedIn: bravida

Bravida is a leading technical service provider based in Stockholm, Sweden, specializing in the installation and maintenance of various systems, including electrical, heating, sanitation, ventilation, and security systems. Founded in 2000, Bravida operates across multiple locations in the Nordic region and serves property owners and facility managers to ensure essential systems function reliably and efficiently. Notably, Bravida has made significant acquisitions to enhance its service offerings, including the acquisition of Profire Sprinkler AB in 2020, which is a prominent installation and service company in the fire safety sector. This acquisition, along with others such as AB Elektro and KT Elektric A/S, demonstrates Bravida's strategy to strengthen its market position and expand its capabilities in critical service areas, including fire safety equipment maintenance.


7. NIBE Industrier AB

  • Website: nibe.se
  • Type: Corporate
  • Headquarters: Markaryd, Kronoberg, Sweden
  • Founded year: 1952
  • Headcount: 5001-10000
  • LinkedIn: nibe-ab

NIBE Industrier AB is a corporate investor based in Markaryd, Kronoberg, Sweden, specializing in energy-efficient heating and cooling solutions. Founded in 1952, the company has grown to employ between 5,001 and 10,000 people. NIBE Energy Systems offers a range of products including heat pumps, hot water heaters, and smart home technology, primarily targeting homeowners and property managers seeking reliable climate control systems that minimize energy consumption. Notably, NIBE has made strategic acquisitions to expand its market presence, including the acquisition of Evonic Fires in 2018, which operates in the electric fires market, indicating a potential interest in fire safety equipment. Additionally, NIBE has acquired other companies such as Stovax and Heatpoint, further diversifying its portfolio in related sectors. However, the company's core focus remains on energy solutions rather than fire safety equipment maintenance specifically.


8. Polygon Group


Polygon Group is a corporate investor based in Stockholm, Sweden, specializing in property damage control services. Founded in 1955, the company has grown to employ between 5,001 and 10,000 people and serves a diverse range of industries, including facility management, education, and insurance. Polygon Group provides essential restoration and consulting services to mitigate property damage caused by water, fire, and climate-related incidents. Notably, the company has made strategic acquisitions to enhance its fire damage restoration capabilities, including the acquisition of Probaco Sanering in Sweden, which specifically aims to bolster its fire damage restoration services. Additionally, Polygon has expanded its regional coverage through acquisitions such as Aquaser in France and Recotech in Italy, further solidifying its position in the property damage restoration market.


9. FSN Capital Partners

  • Website: fsncapital.com
  • Type: Private Equity
  • Headquarters: Oslo, Oslo, Norway
  • Founded year: 1999
  • Headcount: 51-200
  • LinkedIn: fsn-capital

FSN Capital Partners is a private equity investment firm based in Oslo, Norway, founded in 1999. The firm specializes in managing investments across various sectors, including services, green transition, industrials, and technology. FSN Capital aims to drive growth and transformation in its portfolio companies, catering primarily to institutional investors and pension funds seeking sustainable returns. Notably, FSN Capital has made significant investments in the fire safety sector, including the acquisition of Firesafe, a prominent fire safety services provider in Norway, which generated over NOK 1 billion in net revenues in 2021. This strategic acquisition highlights FSN Capital's commitment to the fire safety industry. Additionally, they have been involved in other relevant transactions, such as acquiring Saferoad, which may also relate to safety and infrastructure services.


10. Sdiptech

  • Website: sdiptech.se
  • Type: Corporate
  • Headquarters: Stockholm, Stockholm, Sweden
  • Headcount: 1001-5000

Sdiptech AB is an infrastructure technology group based in Stockholm, Sweden, that specializes in enhancing the efficiency and sustainability of infrastructure through technology, solutions, and services. Founded with a vision to address critical renovation and expansion needs in aging systems, Sdiptech has actively pursued acquisitions to bolster its portfolio. Notably, in November 2022, Sdiptech acquired 100% of the shares of Linesense Fire Detection Ltd. and Patol Ltd., both of which are recognized for their expertise in fire safety products and systems, generating an annual turnover exceeding GBP 3.2 million. This strategic acquisition aligns with Sdiptech's commitment to safety and security solutions, marking a significant step in their involvement in the fire safety equipment maintenance sector.


11. Swegon Group

  • Website: swegon.com
  • Type: Corporate
  • Headquarters: Gothenburg, Västra Götaland, Sweden
  • Founded year: 1961
  • Headcount: 1001-5000
  • Number of deals in 2024: 3
  • LinkedIn: swegon-ab

Swegon Group, founded in 1961 and based in Gothenburg, Sweden, specializes in indoor climate solutions, providing a range of products such as air handling units, air purifiers, and climate management systems. With a workforce of 1001-5000 employees, Swegon operates globally, catering to various sectors that require efficient HVAC solutions. Notably, Swegon has made significant strides in the fire safety equipment sector by acquiring Safegard Systems Ltd, a prominent manufacturer of intelligent smoke and fire control systems, in February 2017. This acquisition aimed to enhance Swegon's offerings in the fire and smoke control market in the UK and Ireland. Additionally, Swegon has continued to expand its portfolio with other acquisitions, including ABC Ventilationsprodukter AB and Dalair Ltd, further solidifying its position in the indoor climate technology market, which intersects with fire safety solutions.


12. Nordic Capital

  • Website: nordiccapital.com
  • Type: Private Equity
  • Headquarters: Stockholm, Stockholm, Sweden
  • Founded year: 1989
  • Headcount: 201-500
  • Number of deals in 2024: 10
  • LinkedIn: nordic-capital

Nordic Capital is a private equity firm based in Stockholm, Sweden, founded in 1989. The firm specializes in investments across various sectors, including healthcare and technology, and is known for partnering with management teams to drive growth and operational improvements in portfolio companies. Nordic Capital has a strong focus on creating long-term value and sustainability in its investments. Notably, they have been involved in significant transactions such as the acquisition of Consilium Safety Group, which enhances their position in the safety technology sector, and Saferoad, which may also relate to safety solutions. Their investment strategy indicates a willingness to engage with companies that contribute to safety, including fire safety equipment maintenance.


13. Halton Group

  • Website: halton.com
  • Type: Corporate
  • Headquarters: Helsinki, Uusimaa, Finland
  • Founded year: 1969
  • Headcount: 1001-5000
  • LinkedIn: halton-group

Halton Group is a corporate investor based in Helsinki, Uusimaa, Finland, specializing in indoor air quality solutions across various industries, including food service, healthcare, and public spaces. Founded in 1969, the company has a workforce of 1001-5000 employees and has made significant strides in enhancing air management and safety in demanding environments. Notably, Halton Group has expanded its portfolio through strategic acquisitions, including Nelbud Services Group, a company focused on fire protection and kitchen exhaust cleaning, which they acquired on August 17, 2021. This acquisition aims to bolster Halton's service offerings and market presence in the United States. Additionally, Halton has acquired MIWO Luchtbehandelingstechniek B.V., Flamgard Calidair, and CRC Medical, further solidifying their position in the HVAC and indoor air solutions market, while also integrating fire safety elements into their operations.


14. Helmet Capital


Helmet Capital is a private equity investment firm based in Helsinki, Uusimaa, Finland, founded in 1998. The firm specializes in private equity investments in Finnish growth companies, focusing on providing both capital and strategic support to small and medium-sized enterprises. Over the years, Helmet Capital has made several notable acquisitions in the fire safety equipment maintenance sector, including Firecon Group in 2007, which is likely involved in fire safety solutions, and Asennusliike Lahtinen in 2017, which may also contribute to this industry. Additionally, they acquired Nordic Shelter Solutions in 2002, further indicating their engagement in sectors related to safety and protection. These transactions highlight Helmet Capital's commitment to supporting companies that enhance operational capabilities in critical safety areas.


15. Bravida Norge AS

  • Website: bravida.no
  • Type: Corporate
  • Headquarters: Oslo, Oslo, Norway
  • Founded year: 2000
  • Headcount: 1001-5000
  • LinkedIn: bravida-norge

Bravida Norge AS is a corporate investor based in Oslo, Norway, founded in 2000. The company specializes in installation services across various sectors, including electrical, plumbing, ventilation, automation, fire safety, and security services. With a workforce of 1001-5000 employees, Bravida operates through a network of branches across Scandinavia, providing reliable technical solutions for businesses and organizations. In recent years, Bravida has made several strategic acquisitions to strengthen its market position. Notably, they acquired Langhus Rør in January 2022 and Karlstads Processror in May 2022, both of which enhance their service capabilities. Additionally, the acquisition of Electrosec Elteknik in June 2022 further solidifies their expertise in electrical systems, which often overlaps with fire safety systems. These transactions reflect Bravida's commitment to expanding its service offerings, including fire safety equipment maintenance.


16. Nederman

  • Website: nederman.com
  • Type: Corporate
  • Headquarters: Helsingborg, Skåne, Sweden
  • Founded year: 1944
  • Headcount: 1001-5000
  • LinkedIn: nederman

Nederman is a corporate investor based in Helsingborg, Skåne, Sweden, specializing in industrial air filtration solutions. Founded in 1944, the company focuses on providing products and services that enhance workplace safety and environmental sustainability across various industries, including manufacturing and woodworking. Notable transactions include the acquisition of RoboVent in 2022, a company that specializes in clean air technology and weld fume extraction, which strengthens Nederman's position in the fire safety equipment maintenance sector. Additionally, the acquisition of Gasmet Technologies in 2019 allows Nederman to integrate advanced gas analysis technologies into their offerings, further supporting safety measures in industrial environments. Other acquisitions, such as Fumex Installations and Lev Coshh Testing, also contribute to their portfolio in air quality and safety solutions, reinforcing their commitment to improving workplace safety.


17. VIKING Life-Saving Equipment


VIKING Life-Saving Equipment is a corporate investor based in Esbjerg, Denmark, founded in 1960. The company is a leading provider of maritime safety solutions, specializing in safety equipment and services for various industries, including commercial shipping and oil and gas. VIKING offers a range of products such as liferafts and personal protective equipment, along with training services to ensure compliance and safety at sea. In line with their strategy to enhance their maritime safety offerings, VIKING has made significant acquisitions, including Norsafe, a Norwegian lifeboat manufacturer, and Marshal Systems, an offshore and marine specialist. These acquisitions aim to integrate advanced safety products and service networks into VIKING's operations, reinforcing their commitment to safety solutions that encompass fire safety equipment maintenance in maritime contexts.



Fire Safety Equipment Maintenance Insights: Key Investors in the Nordics


InvestorHeadquarterSizeFoundedDeals 2024
ASSA ABLOY GroupStockholm, Stockholm, Sweden10001+199421
Securitas GroupStockholm, Stockholm, Sweden10001+19340
Indutrade Life ScienceStockholm, Stockholm, Sweden1001-5000197814
InstalcoStockholm, Stockholm, Sweden1001-500020142
Lagercrantz Group ABStockholm, Stockholm, Sweden1001-500020016
BravidaStockholm, Stockholm, Sweden10001+20000
NIBE Industrier ABMarkaryd, Kronoberg, Sweden5001-1000019520
Polygon GroupStockholm, Stockholm, Sweden5001-1000019550
FSN Capital PartnersOslo, Oslo, Norway51-20019990
SdiptechStockholm, Stockholm, Sweden1001-50000
Swegon GroupGothenburg, Västra Götaland, Sweden1001-500019613
Nordic CapitalStockholm, Stockholm, Sweden201-500198910
Halton GroupHelsinki, Uusimaa, Finland1001-500019690
Helmet CapitalHelsinki, Uusimaa, Finland11-5019980
Bravida Norge ASOslo, Oslo, Norway1001-500020000
NedermanHelsingborg, Skåne, Sweden1001-500019440
VIKING Life-Saving EquipmentEsbjerg, Denmark1001-500019600


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