Transaction

Agreat sold to Broviken

Transaction

Agreat sold to Broviken

Sell-side

Undisclosed

Role

Adviser to Agreat on its sale to Broviken

Sector

Tech & Tech Services
Business Services

Region

Sweden

Clearwater has advised Agreat, a rapidly-growing IT consulting company specialising in secure and high-quality software development, on its sale to Broviken, an investment company focusing on the services sector.

Agreat offers senior and highly qualified software developers with expertise in various technology stacks, in addition to services in agile leadership and product compliance. These services are provided through team-based deliveries with multi-functional teams and individual experts.

Established in 2017, the company has experienced rapid and profitable growth. With headquarters in Gothenburg and an additional office in Stockholm, Agreat employs around 120 specialists, serving clients primarily in the automotive, healthcare, life science, industrial, and technology sectors.

Broviken’s investment is made jointly with the company’s previous owners, management, and key personnel.

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We are incredibly proud to welcome Broviken as our partner. It has been incredibly important to find a new owner who shares our values and vision, according to how we wish to continue developing the business going forward. Broviken has great experience in developing B2B-service oriented companies, adding relevant competencies and a robust network, along with a deep understanding of the importance of corporate culture in consulting businesses. With Broviken on board, we now have even better prerequisites and resources to continue our growth journey.

Bengt Boissier, CEO, Agreat
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We are impressed by the competence and market position that the team at Agreat has managed to build. Their innovative, secure, and user-friendly software solutions significantly impact their clients’ final products. Agreat has managed to create and foster a corporate culture that attracts top talent with high employee satisfaction, while servicing some of Sweden’s most demanding clients.

Anders Törnsten, Partner, Broviken

We are extremely pleased to have assisted Agreat on the majority sale to Broviken. Broviken’s investment in Agreat adds a well-managed, highly competent, and fast-growing company with a focus on software development in business-critical, long-term customer projects. We look forward to following the company's future journey together with Broviken.

Henrik Jakobsson, Partner, Clearwater

Advisers

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