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At a glance
Country
Finland
Fund
TRITON V
Investment date
November 2023
Sector
Business Services
Sales 2022
€2,352m
Number Of Employees
15,000
Management
Jacob Götzsche (CEO)
Mikko Kettunen (CFO)
Company website
Press Releases

Caverion is a provider of sustainable multi-technical installation and service solutions for the built environment.

Caverion is a provider of sustainable multi-technical installation and service solutions for the built environment. The company has a highly diversified revenue mix with more than two-thirds of revenue coming from service contracts and one-third coming from building technology installation projects. Its services span the entire lifecycle of the built environment, with expertise across a range of capabilities including base and smart disciplines, managed services and advisory, engineering and digital solutions.

Headquartered in Finland, Caverion employs approximately 15,000 people primarily across the Nordics and the DACH regions, serving its customers across 10 countries through over 200 different locations.

Building on its long and successful track record of investing in technical installation and services companies, Triton sees Caverion as a platform that is well placed to capitalise on the key megatrends in the sector such as energy transition, smart buildings, urbanisation and an ageing building stock driving increase in renovation.

Triton intends to help Caverion reach its full potential by placing emphasis on long term value creation, focus on operational excellence in its core business; develop and continue its digital and energy management leadership and pursue select acquisitions to accelerate growth.