MedCap AB, the Sweden based private equity firm, through its subsidiary Trident Industri AB, the Sweden based accessibility and mobility company, has acquired Swedelift AB, the Sweden based company, that sells and installs lifts to enable accessibility in homes and public buildings. Trident has payed SEK 47m and adjustments for net cash and working capital at closing on October 26, 2023, and will pay SEK 3m through a vendor note 12 months after closing. In addition, an earn-out payment of up to SEK 10m can be paid based on Swedelift’s results until December 2024.
Target – Swedelift AB
Buyer – Trident Industri AB
Seller – Shareholders
