Stockholm (Sweden), 15 June 2026 - The Triton Smaller Mid-Cap Fund (“Triton Partners”) announces the formation of Varna, a new Nordic group in perimeter protection and technical security, formed through partnership with six specialist providers of installation, service and maintenance of physical perimeter protection, access control and surveillance.
Built on a decentralised model, the group brings together leading businesses with strong positions and a shared focus on high-value, service-intensive security solutions for public and commercial customers. The group, initially consisting of Telehantering, Landströms Larmcenter, IQ, Låshantering, IP Security Scandinavia and Dan Group Alarm Syd, becomes a significant Nordic player already at inception with a platform geared for further growth. As part of Varna, the businesses retain their operational independence, while gaining access to capital, resources and expertise needed to accelerate growth.
Varna is formed with an active acquisition agenda in a growing, fragmented Nordic market for perimeter protection and technical security, driven by a changing geopolitical landscape, digital transformation and tightening regulation.
The formation of Varna follows Triton Partners' proven strategy of building decentralised installation groups across the Nordics and Northern Europe. Triton Partners has previously built comparable platforms within fragmented installation and infrastructure services markets, including Eleda in Sweden, Habeo and Lohkare Infra in Finland and bluu unit in Germany. Varna also benefits from Triton Partners' broader security sector experience across Keenfinity, Acre and Wavelynx.
Varna will be led by Robin Boheman as Chief Executive Officer. He joins most recently from the role of CEO at Instalco (Nasdaq Stockholm: INSTAL), a Nordic installation group built on a similar decentralised operating model now being applied at Varna. At Instalco he previously served as Head of M&A and CFO before taking the CEO role in 2021. Through Boheman, Varna gains experience of building businesses from inception to scale.
Daniel Björklund, Partner, Triton Partners, said: “The Nordic market for perimeter protection and technical security combines structural growth with deep fragmentation and a clear need for a long term, professional owner. Varna is a textbook example of how Triton partners with local champions in attractive segments and helps them grow into something larger than the sum of their parts. We have identified a group of exceptional businesses, led by entrepreneurs who seek a partner for an accelerated growth journey. We are especially pleased to have Robin leading this journey. He has built this type of platform before from the ground up and his experience and commitment to the decentralised model make him the ideal person to lead Varna during its next phase of growth.”
Robin Boheman, Chief Executive Officer, Varna, said: “I look forward to developing Varna and to doing so in genuine partnership with the entrepreneurs who have built these businesses, and with Triton Partners. The Nordic market for perimeter protection and technical security is undergoing a structural shift with rising specification demands, fast digitising technology and tightening regulatory requirements, yet remains fragmented. In our model, day to day decisions are made by the operating businesses, closest to the customers and the technology, while the group adds strength to what is difficult to achieve alone. I have been on a similar journey before, and my hope is that that experience becomes an asset and a support for the entrepreneurs.”
The formation of Varna marks a further platform investment by the Triton Smaller Mid-Cap Fund, which applies Triton Partners’ proven investment strategy to lower mid-market companies in its core sectors of Business Services, Industrial Tech and Healthcare across Northern Europe.
About Varna
Varna is a Nordic group in perimeter protection and technical security specialising in the installation, service and maintenance of physical perimeter protection, access control and surveillance for mid and high security sites across public infrastructure, industry and commercial real estate. Varna is owned by Triton Partners together with the local entrepreneurs.
For more information, visit: www.varnasecurity.com
About Triton Partners
Founded in 1997 and owned by its partners, Triton Partners is a leading European mid-market sector-specialist investor. Triton Partners focuses on investing in businesses that provide mission critical goods and services in its three core sectors of Business Services, Industrial Tech, and Healthcare.
Triton Partners has over 150 investment professionals and value creation experts across 11 offices and invests through three complementary strategies: Mid-Market Private Equity, Smaller Mid-Cap Private Equity, and Opportunistic Credit.
Media contacts
Triton Partners: Fredrik Hazén, hazen.au@triton-partners.com
Varna: Robin Boheman, CEO info@varnasecurity.se