ABG Sundal Collier acted as financial adviser to Axcel in connection with the acquisition of Geomatikk

On Tuesday, 31 March 2026, Axcel announced the acquisition of Geomatikk (the “Company”) from Hg for an undisclosed consideration. The transaction marks a new partnership between Axcel and the founding shareholders of Geomatikk (“KKA”) who will remain and reinvest, and will enable the Company to continue its growth journey as a leading platform for managing and protecting critical infrastructure in the Nordics and selected European markets.

Geomatikk provides tech-enabled services and software that help safeguard and manage critical infrastructure supporting every stage of related management, from planning and permitting to detection, surveying, and digital documentation. By offering a mission-critical tech-enabled check-before-you-dig service across the Nordics, Geomatikk has a unique platform and offering for its clients encompassing various network owners including contractors, utilities, municipalities and telcos/fibre operators. Through its deep domain expertise, it enables a high value service preventing asset strikes on infrastructure that has high societal importance and where downtime comes with significant cost. Geomatikk employs 630 people and serves 13,000 asset owners, municipalities and contractors each year across five markets.

The transaction marks a continuation of ABGSC relationship with Axcel and Geomatikk, as well as KKA, whom ABGSC represented as financial adviser in the sale to Hg in 2020. The team would like to extend its gratitude for having the opportunity to work alongside Axcel, and look forward to continuing to support Axcel and Geomatikk in its growth journey going forward.