LEB provides a modular platform for property and facility management tailored to the needs of public and private sector property owners and long-term real estate managers.
The synergistic acquisition has a strong strategic fit with Unik and is in line with the company’s internationalization strategy in the Nordic Property Management software market. The acquisition of LEB represents Unik’s first add-on acquisition since Main Capital Partners became a majority investor in September 2023. The combination is expected to complement and expand Unik’s offering, further strengthening the combined Group’s position in the Nordics.
LEB’s offering of rental administration, financial management, facility operations, tenant services, and analytics software integrates well with Unik’s existing solutions and strengthens the implementation of the company’s growth strategy. LEB serves a wide range of clients with a focus on public sector and larger private property owners as well as associations such as Stockholms stad and Malmö stad. The combination of Unik and LEB forms a group with revenues well on track to reach north of EUR 25m in 2025 and employees more than 200 people.
The transaction is subject to customary regulatory approval.
The acquisition will strengthen the position of Unik and act as catalyst of international growth going forward.”
Wessel Ploegmakers, Partner and Head of Nordics at Main Capital Partners, comments: “LEB System marks Unik’s first add-on acquisition, and solidifies the company’s ambition to become a leading European Property Management software player. Through the acquisition, Unik expands on the functionalities offered to existing and new clients across public and private sectors. The acquisition will strengthen the position of Unik and act as catalyst of international growth going forward.”
Jens Find, CEO at Unik, says: “We see LEB as a strong player in the Swedish property management software market with a special knowledge in facility management and established as a well-known brand. We serve similar customers, share common vision & values and can leverage each other’s strengths when we together further develop the next generation of property management software.”
Anders Wallgren, CEO at LEB, concludes: “For some time, we have been searching for a partner with expertise and resources in system development and property management who can help us in our mission to deliver a comprehensive and configurable property management system to the most demanding property managers. With Unik and Main Capital Partners, we have found that partner, and we will be able to offer highly competent system support for both residential property managers as well as commercial and facility managers.”
Unik System Design is a Danish software company developing industry solutions for housing and property management, with about 200 employees and consultants in Vejle, Aalborg, Copenhagen and Warsaw. Unik has 40 years of experience in creating the most efficient digital workday for their customers, developing and supplying selected industries with the market’s most used software solutions.
LEB System, founded in 1990 and headquartered in Stockholm, offers a configurable modular platform for property and asset management, tailored to the needs of long-term real estate holders. The platform includes integrated modules for rental administration, financial management, maintenance, tenant services, energy and analytics. LEB has approximately 30 employees and consultants and provides solutions mainly to private and public sector property owners in Sweden.
Nothing contained in this Press Release is intended to project, predict, guarantee, or forecast the future performance of any investment. This Press Release is for information purposes only and is not investment advice or an offer to buy or sell any securities or to invest in any funds or other investment vehicles managed by Main Capital Partners or any other person.