Stockholm, Sweden, 31 March 2017
Peder Prahl, Director of the General Partner to Triton Fund III, commented:
'We would like to thank the management team, the employees, the Chairman, the Board, and all other stakeholders for their contributions to Ambea's development. Since the acquisition in 2010, we have supported Ambea to become a customer-focused and quality-driven health care provider. We have experienced first-hand the dedication to care, service and quality that the employees and the leadership stand for and deliver. A broader share ownership will well serve Ambea’s continued development. In addition to the public, the shareholders include a large number of Ambea employees. This brings transparency, commitment and participation. We consider it a seal of approval that the offering was many times over-subscribed - a validation of the team’s hard work over many years. It has been a privilege for us to partner with the company and we look forward, together with the other shareholders, to continue taking part in Ambea's future.”
Fredrik Gren, CEO of Ambea, commented:
“Ambea has achieved strong growth in combination with high quality and has today around 200 Swedish municipalities as clients. The need for care is large and growing, and we want to contribute to solve this challenge for society. We view the listing, with broadened ownership and clear transparency requirements, as essential in our ambition to contribute to the development of care in our community. We have a positive view of the growth opportunities, which will be made available by the IPO. The management and the board of directors look forward to our journey as a listed company and creating value for both current and new shareholders.”
Triton acquired Ambea Sweden in 2010 in partnership with KKR. Over the years, Triton and KKR have supported the company’s continued growth through investments for improved quality. The company has made significant progress to becoming a Swedish quality leader.
Ambea’s long-term goal is to be the first choice for people needing care; the best partner for municipalities; the most attractive employer for knowledgeable and committed employees; and a leader in developing quality within its business areas. Today, Ambea is well positioned to develop further and to expand the business through continued focus on quality, employee satisfaction and stakeholder’s trust.