{"id":19671,"date":"2023-12-20T09:37:46","date_gmt":"2023-12-20T08:37:46","guid":{"rendered":"https:\/\/next-tech.com\/next-one-technology-to-partner-with-hvd-group-and-eqt-private-equity-3\/"},"modified":"2025-07-11T14:59:29","modified_gmt":"2025-07-11T12:59:29","slug":"next-one-technology-to-partner-with-hvd-group-and-eqt-private-equity-3","status":"publish","type":"post","link":"https:\/\/next-tech.com\/en\/next-one-technology-to-partner-with-hvd-group-and-eqt-private-equity-3\/","title":{"rendered":"Next One Technology to partner with HVD Group and EQT Private Equity"},"content":{"rendered":"\n<style type=\"text\/css\" data-created_by=\"avia_inline_auto\" id=\"style-css-av-gbuxzo7-6142bae5c4598b57383cdca9f336cb8c\">\n.avia-section.av-gbuxzo7-6142bae5c4598b57383cdca9f336cb8c{\nbackground-repeat:no-repeat;\nbackground-image:url(https:\/\/next-tech.com\/wp-content\/uploads\/2024\/02\/byggare.jpg);\nbackground-position:0% 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title='' class='scroll-down-link av-custom-scroll-down-color avia-svg-icon avia-font-svg_entypo-fontello' data-av_svg_icon='down-open-mini' data-av_iconset='svg_entypo-fontello'><svg version=\"1.1\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"15\" height=\"32\" viewBox=\"0 0 15 32\" preserveAspectRatio=\"xMidYMid meet\" aria-labelledby='av-svg-title-1' aria-describedby='av-svg-desc-1' role=\"graphics-symbol\" aria-hidden=\"true\">\n<title id='av-svg-title-1'>Scroll to next section<\/title>\n<desc id='av-svg-desc-1'>Scroll to next section<\/desc>\n<path d=\"M12.96 12.16q0.704-0.832 1.536 0 0.832 0.704 0 1.536l-6.272 6.144q-0.704 0.704-1.536 0l-6.272-6.144q-0.832-0.832 0-1.536 0.768-0.768 1.6 0l5.44 4.992z\"><\/path>\n<\/svg><\/a><div class='container av-section-cont-open' ><main  role=\"main\" itemprop=\"mainContentOfPage\"  class='template-page content  av-content-full alpha units'><div class='post-entry post-entry-type-page post-entry-19671'><div class='entry-content-wrapper clearfix'>\n\n<style type=\"text\/css\" data-created_by=\"avia_inline_auto\" id=\"style-css-av-fu6q6mv-287fc34798cbc55a163faf864fb7aa47\">\n#top .av-special-heading.av-fu6q6mv-287fc34798cbc55a163faf864fb7aa47{\npadding-bottom:10px;\ncolor:#ffffff;\nfont-size:80px;\n}\nbody .av-special-heading.av-fu6q6mv-287fc34798cbc55a163faf864fb7aa47 .av-special-heading-tag .heading-char{\nfont-size:25px;\n}\n#top #wrap_all .av-special-heading.av-fu6q6mv-287fc34798cbc55a163faf864fb7aa47 .av-special-heading-tag{\nfont-size:80px;\n}\n.av-special-heading.av-fu6q6mv-287fc34798cbc55a163faf864fb7aa47 .special-heading-inner-border{\nborder-color:#ffffff;\n}\n.av-special-heading.av-fu6q6mv-287fc34798cbc55a163faf864fb7aa47 .av-subheading{\nfont-size:15px;\n}\n\n@media only screen and (min-width: 480px) and (max-width: 767px){ \n#top #wrap_all .av-special-heading.av-fu6q6mv-287fc34798cbc55a163faf864fb7aa47 .av-special-heading-tag{\nfont-size:48px;\n}\n}\n\n@media only screen and (max-width: 479px){ \n#top #wrap_all .av-special-heading.av-fu6q6mv-287fc34798cbc55a163faf864fb7aa47 .av-special-heading-tag{\nfont-size:48px;\n}\n}\n<\/style>\n<div  class='av-special-heading av-fu6q6mv-287fc34798cbc55a163faf864fb7aa47 av-special-heading-h1 custom-color-heading blockquote modern-quote modern-centered  avia-builder-el-1  avia-builder-el-no-sibling  av-inherit-size'><h1 class='av-special-heading-tag '  itemprop=\"headline\"  >Next One Technology to partner with HVD Group and EQT Private Equity<\/h1><div class=\"special-heading-border\"><div class=\"special-heading-inner-border\"><\/div><\/div><\/div>\n<\/div><\/div><\/main><!-- close content main element --><\/div><\/div><\/div><div id='av_section_2'  class='avia-section av-flu2a53-15badc6eed6ed4751d3d8ac75a799fa9 main_color avia-section-default avia-no-border-styling  avia-builder-el-2  el_after_av_section  el_before_av_section  avia-bg-style-scroll container_wrap fullsize'  ><div class='container av-section-cont-open' ><div class='template-page content  av-content-full alpha units'><div class='post-entry post-entry-type-page post-entry-19671'><div class='entry-content-wrapper clearfix'>\n<div class='flex_column_table av-f4rmxuf-a023a372c919cdf4cb8e3036ea146ce4 sc-av_one_half av-equal-height-column-flextable'><div  class='flex_column av-f4rmxuf-a023a372c919cdf4cb8e3036ea146ce4 av_one_half  avia-builder-el-3  el_before_av_one_half  avia-builder-el-first  first flex_column_table_cell av-equal-height-column av-align-middle  '     ><section  class='av_textblock_section av-efclu7r-df98f893baae8e7a2c721945baead2cc '   itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock'  itemprop=\"text\" ><ul>\n<li>Next (Next One Technology) and HVD Group (Hantverksdata) provide cloud-based software to tradespeople and construction firms in the Nordics, targeting a range of professions including electricians, plumbers, and contractors.<\/li>\n<li>The tradespeople and construction industry is one of the largest globally while being one of the least digitized. The modern software solutions offered by HVD Group and Next enable customers to embark on a digitalization journey that improves their efficiency and sustainability.<\/li>\n<li>EQT Private Equity will invest in HVD Group and Next together with the existing HVD Group shareholder Adelis, which will increase its investment in the new combined company.<\/li>\n<\/ul>\n<\/div><\/section><\/div><div class='av-flex-placeholder'><\/div><div  class='flex_column av-e0kp6d3-a468fcf21af195caf1ed7ed3e22e6b2d av_one_half  avia-builder-el-5  el_after_av_one_half  avia-builder-el-last  flex_column_table_cell av-equal-height-column av-align-middle  '     ><style type=\"text\/css\" data-created_by=\"avia_inline_auto\" id=\"style-css-av-dei8cqf-72f934cc8d617d526183144c1f51b3a5\">\n.avia-image-container.av-dei8cqf-72f934cc8d617d526183144c1f51b3a5 img.avia_image{\nbox-shadow:none;\n}\n.avia-image-container.av-dei8cqf-72f934cc8d617d526183144c1f51b3a5 .av-image-caption-overlay-center{\ncolor:#ffffff;\n}\n<\/style>\n<div  class='avia-image-container av-dei8cqf-72f934cc8d617d526183144c1f51b3a5 av-styling- avia-align-center  avia-builder-el-6  avia-builder-el-no-sibling '   itemprop=\"image\" itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/ImageObject\" ><div class=\"avia-image-container-inner\"><div class=\"avia-image-overlay-wrap\"><img decoding=\"async\" fetchpriority=\"high\" class='wp-image-14531 avia-img-lazy-loading-not-14531 avia_image ' src=\"https:\/\/next-tech.com\/wp-content\/uploads\/2024\/02\/eqtheader-1030x739.png\" alt='' title='eqtheader'  height=\"739\" width=\"1030\"  itemprop=\"thumbnailUrl\" srcset=\"https:\/\/next-tech.com\/wp-content\/uploads\/2024\/02\/eqtheader-1030x739.png 1030w, https:\/\/next-tech.com\/wp-content\/uploads\/2024\/02\/eqtheader-300x215.png 300w, https:\/\/next-tech.com\/wp-content\/uploads\/2024\/02\/eqtheader-768x551.png 768w, https:\/\/next-tech.com\/wp-content\/uploads\/2024\/02\/eqtheader-1536x1102.png 1536w, https:\/\/next-tech.com\/wp-content\/uploads\/2024\/02\/eqtheader-1500x1077.png 1500w, https:\/\/next-tech.com\/wp-content\/uploads\/2024\/02\/eqtheader-705x506.png 705w, https:\/\/next-tech.com\/wp-content\/uploads\/2024\/02\/eqtheader.png 1920w\" sizes=\"(max-width: 1030px) 100vw, 1030px\" \/><\/div><\/div><\/div><\/div><\/div><!--close column table wrapper. Autoclose: 1 -->\n<\/p>\n<\/div><\/div><\/div><!-- close content main div --><\/div><\/div>\n<style type=\"text\/css\" data-created_by=\"avia_inline_auto\" id=\"style-css-av-db6bnhz-7975cdc45a01a93cf9d727228ce87ec5\">\n.avia-section.av-db6bnhz-7975cdc45a01a93cf9d727228ce87ec5{\nbackground-repeat:no-repeat;\nbackground-image:url(https:\/\/next-tech.com\/wp-content\/uploads\/2023\/10\/bg-abovef-scaled.jpg);\nbackground-position:50% 50%;\nbackground-attachment:scroll;\n}\n<\/style>\n<div id='av_section_3'  class='avia-section av-db6bnhz-7975cdc45a01a93cf9d727228ce87ec5 main_color avia-section-huge avia-no-border-styling  avia-builder-el-7  el_after_av_section  el_before_av_section  avia-full-stretch avia-bg-style-scroll container_wrap fullsize'  data-section-bg-repeat='stretch'><div class='container av-section-cont-open' ><div class='template-page content  av-content-full alpha units'><div class='post-entry post-entry-type-page post-entry-19671'><div class='entry-content-wrapper clearfix'>\n<section  class='av_textblock_section av-cm1lcmv-78efae76fc027fa0b2bc43995ce029ac '   itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock'  itemprop=\"text\" ><blockquote>\n<p>Next One Technology is pleased to announce that the EQT X fund (or \u201cEQT Private Equity\u201d) has agreed to invest in the Nordic software companies Next and HVD Group.<\/p>\n<\/blockquote>\n<p>Both companies serve the tradespeople and construction industry, with HVD Group focused on installation and service professions \u2013 such as electricians, plumbers, heating and ventilation firms \u2013 while Next is focused on contractors. HVD Group\u2019s platform complements that of Next, and the investment therefore paves the way for a further strengthened product offering, which builds on both companies\u2019 strong customer satisfaction scores.<\/p>\n<p>The tradespeople and construction industry is one of the largest globally and yet is still early on its digital transformation journey, which has resulted in low productivity growth over recent decades. Next and HVD Group support the tradespeople and construction workforce to transition from using analogue or complex solutions to instead using their end-to-end software platforms.<\/p>\n<\/div><\/section>\n\n<\/div><\/div><\/div><!-- close content main div --><\/div><\/div><div id='av_section_4'  class='avia-section av-c5ppxx3-af3850206edcb9bfb76448e0c2389104 main_color avia-section-default avia-no-border-styling  avia-builder-el-9  el_after_av_section  el_before_av_section  avia-bg-style-scroll container_wrap fullsize'  ><div class='container av-section-cont-open' ><div class='template-page content  av-content-full alpha units'><div class='post-entry post-entry-type-page post-entry-19671'><div class='entry-content-wrapper clearfix'>\n<div class='flex_column_table av-bsae913-d5a12e13a60186156a71d95f23c904a8 sc-av_one_half av-equal-height-column-flextable'><div  class='flex_column av-bsae913-d5a12e13a60186156a71d95f23c904a8 av_one_half  avia-builder-el-10  el_before_av_one_half  avia-builder-el-first  first flex_column_table_cell av-equal-height-column av-align-top  '     ><section  class='av_textblock_section av-b6bmbcn-74a53c4fd6744101405260cd91967908 '   itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock'  itemprop=\"text\" ><p>Next was founded in Sweden, offers a cloud-based software solution to construction firms and has a strong complementary fit with HVD Group. With approximately 2,500 customers primarily in the Nordics, Next supports contractors, builders and service firms with project management software. Key functionalities include order and resource management, project financials, document handling, checklists and quality control, all of which enable efficient planning, execution and collaboration.<\/p>\n<p>HVD Group, also founded in Sweden, and has over 10,000 customers across the Nordics and Germany. The Company offers cloud-based end-to-end field service management and enterprise resource planning software with key functionalities such as order, project and asset management, scheduling, time reporting, procurement and documentation handling. This enables users to spend less time on administration, while reducing waste and minimizing risk of errors both in the field and the back office.<\/p>\n<p>Ali Farahani, Partner within EQT Private Equity\u2019s Advisory Team, said: \u201cInvesting in HVD Group and Next creates a strong Northern European platform with leading tech and product capabilities. We have followed the space for several years and are excited to back what is in our mind the most attractive platform in one of the largest verticals globally. We are extremely impressed by the respective teams led by Mikael and Johan and we look forward to bringing EQT Private Equity\u2019s experience in managing and growing software companies to support the organizations through the next phase of continued high growth.\u201d<\/p>\n<\/div><\/section><\/div><div class='av-flex-placeholder'><\/div><div  class='flex_column av-b0i85w7-8432e012ff1a5adc42d3c38ead30a002 av_one_half  avia-builder-el-12  el_after_av_one_half  avia-builder-el-last  flex_column_table_cell av-equal-height-column av-align-top  '     ><section  class='av_textblock_section av-10lmu2f-db12e1f8fd4b249641e356e9960c93f5 '   itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock'  itemprop=\"text\" ><p>HVD Group Chairperson Anders B\u00f6\u00f6s and Adelis Partner Joel Russ added: \u201cAs long-term investors in HVD Group, we\u2019ve seen the company go from strength-to-strength and it\u2019s clear they have no intention of slowing down. We also know that the tradespeople software sector is robust and attractive given the size and growth, supported by many companies yet having to embrace the benefits from digitalization. That\u2019s why we\u2019re delighted to be moving forward on the journey with EQT Private Equity, HVD Group and Next.\u201d<\/p>\n<p>Johan Jarskog, CEO of Next, also commented: \u201cNext and HVD Group have an exciting and complimentary fit. Not only from a product perspective, but also in terms of the culture and people, having followed Mikael and his team over the recent years. We are also confident that the combination will continue to drive our already high customer satisfaction, as we together with HVD Group will be able to offer an even more comprehensive product to our end users.\u201d<\/p>\n<p>HVD Group CEO Mikael Viotti said: \u201cWe\u2019ve made significant investments in our modern product and technology over the recent years, which has been well-received by our customers, and the opportunity to join forces with Next will only strengthen what we can offer to our customers. We look forward to partnering with EQT Private Equity and Next, while continuing to work with Adelis.\u201d<\/p>\n<p>Both transactions are expected to close in February, 2024.<\/p>\n<\/div><\/section><\/div><\/div><!--close column table wrapper. Autoclose: 1 -->\n\n<\/div><\/div><\/div><!-- close content main div --><\/div><\/div>\n<style type=\"text\/css\" data-created_by=\"avia_inline_auto\" id=\"style-css-av-krv053-68a414287b1033c9607822bfc7c4c8ee\">\n.avia-section.av-krv053-68a414287b1033c9607822bfc7c4c8ee{\nbackground-repeat:no-repeat;\nbackground-image:url(https:\/\/next-tech.com\/wp-content\/uploads\/2023\/10\/bg-abovef-scaled.jpg);\nbackground-position:50% 50%;\nbackground-attachment:scroll;\n}\n<\/style>\n<div id='av_section_5'  class='avia-section av-krv053-68a414287b1033c9607822bfc7c4c8ee main_color avia-section-huge avia-no-border-styling  avia-builder-el-14  el_after_av_section  el_before_av_layout_row  avia-full-stretch avia-bg-style-scroll container_wrap fullsize'  data-section-bg-repeat='stretch'><div class='container av-section-cont-open' ><div class='template-page content  av-content-full alpha units'><div class='post-entry post-entry-type-page post-entry-19671'><div class='entry-content-wrapper clearfix'>\n<section  class='av_textblock_section av-9jgmg7r-38f078ca3ef84340e4b0f311980102fa '   itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock'  itemprop=\"text\" ><p><strong>Contact<br \/>\n<\/strong>Johan Jarskog, CEO Next,\u00a0<a href=\"mailto:johan.jarskog@next-tech.com,\">johan.jarskog@next-tech.com,<\/a>\u00a0+46\u00a0736 999 492<br \/>\nEQT Press Office, press@eqtpartners.com<em>,<\/em>\u00a0+46 8 506 55 334<\/p>\n<p><strong><em>About EQT<\/em><\/strong><\/p>\n<p><em>EQT is a purpose-driven global investment organization with EUR 232 billion in total assets under management (EUR 128 billion in fee-generating assets under management), within two business segments \u2013 Private Capital and Real Assets. EQT owns portfolio companies and assets in Europe, Asia-Pacific and the Americas and supports them in achieving sustainable growth, operational excellence and market leadership.<\/em><\/p>\n<p><em>More info:\u00a0<\/em><a href=\"http:\/\/www.eqtgroup.com\/\" target=\"_blank\" rel=\"noopener\"><em>www.eqtgroup.com<\/em><\/a><em><br \/>\nFollow EQT on\u00a0<\/em><a href=\"http:\/\/www.linkedin.com\/company\/508278\" target=\"_blank\" rel=\"noopener\"><em>LinkedIn<\/em><\/a>,\u00a0<a href=\"https:\/\/twitter.com\/eqt\" target=\"_blank\" rel=\"noopener\"><em>X<\/em><\/a>,\u00a0<a href=\"https:\/\/www.youtube.com\/channel\/UCPkDSny24x66By2G2_B1Okw\/featured\" target=\"_blank\" rel=\"noopener\"><em>YouTube<\/em><\/a><em>\u00a0and\u00a0<\/em><a href=\"https:\/\/www.instagram.com\/eqtgroup\/\" target=\"_blank\" rel=\"noopener\"><em>Instagram<\/em><\/a><\/p>\n<p><strong><em>About Next One Technology<\/em><\/strong><\/p>\n<p><em>Next One Technology is a leading provider of business and project management systems tailored for construction firms. Next has 2,500+ customers and SEK 200+ million of revenues. Next integrates all aspects of construction management into a unified platform that provides real time control of projects from early stages to finish. Next has 130+ employees and serves customers primarily in the Nordics.\u00a0<\/em><a href=\"https:\/\/next-tech.com\/\"><em>www.next-tech.com<\/em><\/a><\/p>\n<p><strong><em>About HVD Group<\/em><\/strong><\/p>\n<p><em>HVD Group has 300+ employees, SEK 500+ million in revenues and 50+ years of experience providing software to tradespeople within installation, services and construction. The company has presence in Sweden, Finland, Norway, Denmark and Germany, offering a market leading cloud-based and modular system. HVD Group\u2019s solutions and systems are developed by tradespeople for tradespeople.\u00a0<\/em><a href=\"http:\/\/www.hvdgroup.com\/\"><em>www.hvdgroup.com<\/em><\/a><\/p>\n<p><em>\u00a0<\/em><strong><em>About Adelis Equity Partners<\/em><\/strong><\/p>\n<p><em>Adelis is a growth partner for well-positioned, Nordic companies. Adelis partners with management and\/or owners to build businesses in growth segments and with strong market positions. Since raising its first fund in 2013, Adelis has been one of the most active investors in the Nordic middle-market, making 38 platform investments and more than 180 add-on acquisitions. Adelis today manages approximately \u20ac2.5 billion in capital. For more information, please visit.\u00a0<a href=\"https:\/\/adelisequity.com\/\">www.adelisequity.com\u00a0<\/a><\/em><\/p>\n<\/div><\/section>\n\n<\/div><\/div><\/div><!-- close content main div --><\/div><\/div><div id='av-layout-grid-1'  class='av-layout-grid-container av-8yufhhz-fa682eaf8d9b035d6042d8caf1ac9e00 entry-content-wrapper main_color av-flex-cells  avia-builder-el-16  el_after_av_section  el_before_av_layout_row  nt--blue-bg pt-100 nt-news-one grid-row-not-first  container_wrap fullsize'  >\n<div class='flex_cell av-8c6phkn-e61e32d40b84142739de97f2f1c28fae av-gridrow-cell av_one_half no_margin  avia-builder-el-17  el_before_av_cell_one_half  avia-builder-el-first '  ><div class='flex_cell_inner'><p><div  class='flex_column av-ta03ef-e3e1de734bc18d0abbebf4bfcba18f17 av_two_fifth  avia-builder-el-18  el_before_av_three_fifth  avia-builder-el-first  hide-tab-mob first flex_column_div  '     ><\/div><div  class='flex_column av-7jy3u53-1a120debd9136816e629760103060085 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