Amplio and Ferla partners up with Edekyl & Värme to form Tedge Energy, a leading group within energy optimization

In its ambition to build a leading platform within energy optimization, Amplio has entered into an agreement to acquire Edekyl & Värme, a prominent provider of heating and cooling solutions. Edekyl & Värme will together with Amplio's existing portfolio company Ferla form a new group, Tedge Energy, creating a challenger within the energy optimization market delivering systems and services to accelerate the energy transition.

Edekyl & Värme, founded in 2005 and with revenues of around SEK 300m, has established itself as a leader in the heating and cooling sector and is known for its high-quality services and customer-centric approach. The company has offices in Örebro, Stockholm, Västerås and Linköping and employs around 100 dedicated employees. With a strong corporate culture and focus on growth, Edekyl & Värme has a long track record of delivering sustainable solutions for its clients, making it an ideal partner for Amplio's vision. The entrepreneurs and management of Edekyl & Värme will remain in their respective operational roles and reinvest for a significant shareholding in the new group.

Tedge Energy's vision is to deliver superior energy efficiency solutions for property owners and industry by combining leading technology, innovative solutions and further add-on acquisitions. Edekyl & Värme and Ferla will serve as platform investments within the group operating under their respective brands. Tedge Energy will have revenues of around SEK 450m and 130 employees present at five locations in central Sweden.

"We are excited that Edekyl & Värme and Ferla are now joining forces, creating a challenger within energy optimization. As a company, we will continue to build on our strong corporate culture, while enjoying the resources and synergies in a larger group with both heating and cooling capabilities." says Fredrik Björklund, CEO of Edekyl & Värme.

"We welcome Edekyl & Värme to the group, and the creation of Tedge Energy marks a significant next step in our journey together with Amplio. The combined group will form a strong platform for further growth, and we look forward to leveraging our joint base of expertise, experience and synergies to increase our customer value proposition." says John von Wowern, CEO of Ferla.

"Edekyl & Värme has taken a strong position within an attractive and evolving market driven by the need to convert to sustainable and energy efficient solutions. The investment fits well into Amplio's strategy of investing in companies with long-term structural growth and we look forward to working together with the entrepreneurs and management to realise Tedge Energy's full potential." says Oskar Oxenstierna, Partner, Amplio Private Equity.

For further information, please visit www.amplio.se, www.edekyl.se, www.ferla.nu or contact:

Oskar Oxenstierna, Partner, Amplio, +46 73 90 90 947, [email protected]

Fredrik Björklund, CEO, Edekyl & Värme, +46 19 767 33 06, [email protected]

John von Wowern, CEO, Ferla, +46 8 522 356 05, [email protected]