Evolver Equity, through Evolver Fund II, has established a new Swedish industrial group focused on industrial automation and specialised industrial manufacturing. The platform is formed in partnership with two well-positioned, entrepreneur-led companies: Ingenjörsfirma Evert Johansson AB and Steens Mekaniska i Tidaholm AB.
The group is launched with the ambition of building the market’s most comprehensive industrial group for the development and delivery of customised production systems in Sweden. The platform addresses long-term structural growth drivers such as industrial automation, shortages of skilled labour, nearshoring, and increasing requirements for efficiency, quality, and sustainable manufacturing within Nordic industry.
The platform is built as a group of independent specialist companies with strong local presence, their own customer relationships, and deep technical expertise. Value creation is driven through collaboration in selected areas such as commercial cooperation, resource sharing, knowledge exchange, and common ways of working.
“We are building the group based on a clear conviction: the strongest industrial specialists are created by empowered teams with clear accountability and close customer relationships. Our role is to provide a stable, long-term platform for collaboration that makes these companies even stronger together – without compromising the entrepreneurship that has driven their success”, says Johan Porko, Partner at Evolver Equity.
Ingenjörsfirma Evert Johansson AB contributes extensive experience in customised automation solutions and system integration, while Steens Mekaniska i Tidaholm AB complements this with advanced manufacturing and assembly of components, machinery, and automation systems. Together, the companies can assume greater responsibility within customers’ value chains and deliver solutions that combine technical excellence with high delivery precision.
“For us, this partnership is about continuing to develop Steens Mekaniska in our own way – close to our customers, with high quality and full accountability. With Evolver and the new platform, we gain a long-term partner who shares our values while providing the conditions to grow together with other leading specialists”, says Magnus Andersson, CEO of Steens Mekaniska i Tidaholm AB and incoming Group CEO.
“We see significant potential in combining local customer proximity with structured collaboration between companies. This is a partnership platform that enables the sharing of expertise and resources where it truly adds value – while each company continues to be a specialist within its own niche”, says Oskar Brandin, CEO of Ingenjörsfirma Evert Johansson AB.
Evolver and the management teams of the group’s companies share a common ambition to develop the platform through organic growth and selective add-on acquisitions of system integrators and niche automation specialists, primarily in Sweden.
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Additional information:
Johan Porko, Evolver Equity Ab
+358 40 549 1518
Magnus Andersson, Steens Mekaniska i Tidaholm AB
+46 70 685 1500
Oskar Brandin, Ingenjörsfirma Evert Johansson AB
+46 70 290 2334
About Ingenjörsfirma Evert Johansson AB
Ingenjörsfirma Evert Johansson AB is a Swedish automation company focused on the development and delivery of customised automation solutions. The company provides complete system deliveries with particular expertise in robotics and industrial automation, serving customers across a broad range of manufacturing industries. Evert Johansson is characterised by strong customer relationships, a high degree of customisation, and an engineering-driven approach. Founded in the 1950s, the company is based in Sweden and generates approximately SEK 32 million in revenue with around 14 employees (2024).
About Steens Mekaniska i Tidaholm AB
Steens Mekaniska i Tidaholm AB is a Swedish industrial company specialising in contract manufacturing, ranging from individual components to complete machinery and automation systems. The company supports industrial customers with high delivery quality, flexibility, and close collaboration throughout the manufacturing process. Steens Mekaniska combines modern production capabilities with deep industrial know-how and long-term customer relationships. Founded in 1946, the company is based in Tidaholm and generates approximately SEK 73 million in revenue with around 38 employees (2024).
About Evolver Equity Ab
Evolver Equity Ab is an Åland-based private equity firm and manager of alternative investment funds, specialising in Nordic small-cap buyouts. Evolver’s ambition is to support companies in the transition from entrepreneur-led to more structured and scalable organisations, thereby unleashing their long-term potential. Since its founding in 2009, Evolver has completed more than 50 transactions and currently manages two buyout funds with total committed capital of SEK 1.3 billion, primarily funded by leading Finnish institutional investors. In 2024, Evolver was awarded the Alternative Managers’ Platinum Private Equity Buyout Award by Scandinavian Financial Research, based on an independent assessment of manager quality and investor satisfaction. Evolver has also recently been nominated in two categories at the Real Deals Private Equity Awards 2026.
