Next One Technology AB

Next One Technology AB specializes in project management solutions specifically for the construction industry, offering comprehensive tools to streamline project workflows and enhance operational efficiency. Founded in 2014 and headquartered in Linkoping, Sweden, Next One Technology AB provides specialized project management solutions for the construction sector. The company has engaged in 2 deals, with the most recent deal occurring on December 20, 2023. The founders include Tom-Erik von Krogh-Martinsen, and the current leadership team consists of CEO Gunilla Åberg and Johan Jarskog.

The company was acquired by Hantverksdata Sverige AB, a portfolio company of EQT and Adelis Equity Partners, and will now operate under the Aceve brand. Next One Technology AB specializes in project management solutions tailored for the construction industry. The company offers a cloud-based project management system that streamlines the entire construction process, aiding users in managing resources, budgets, and timelines while providing real-time project performance insights. Their tools improve administrative functions such as procurement, planning, and financial forecasting, catering to a diverse clientele including contractors and service providers primarily in Sweden and Norway, with potential expansion into broader European markets.

In 2023, Next One Technology AB reported a revenue of USD 12. 86 mn and an EBITDA of USD -791,963. 2, operating under a subscription-based model that ensures long-term contracts with businesses in the construction sector, enhancing client retention and ongoing engagement through regular updates and feature enhancements. In December 2023, following its acquisition by Hantverksdata Sverige AB, Next One Technology AB will operate under the Aceve brand, which is expected to expand its offerings to end users.

The acquisition will enhance the product range available to clients. Future growth strategies include the development of new products and potential expansion into additional markets, although specific details about upcoming products and geographic targets have not been disclosed.