Priveq invests in ProTrain

ProTrain, a leading Swedish provider of flexible railway services, welcomes Priveq as its new majority owner. The current owners, including the company’s CEO, Karl Johan Börjeson, will remain as significant minority shareholders.

ProTrain is a well-managed, profitable, and rapidly growing company focused on delivering innovative and flexible services within the railway sector. The company was founded in 2001 and underwent a generational shift in 2013. Since then, its revenue has grown from approximately SEK 20 million to over SEK 260 million. The business operates in three complementary areas: traffic services, staffing and training. ProTrain’s customers include both public and private entities, and the company holds licenses for railway operations in both Sweden and Norway.

Maria Perez Hultström, Partner and Investment Manager at Priveq, comments:

ProTrain is an impressive company that has quickly established a strong position in the Swedish market through targeted growth and high-quality services. The demand for innovative and flexible players in this sector is evident, and we see great potential for further expansion in both existing and new markets. We are pleased to have the opportunity to invest in ProTrain and look forward to collaborating closely with its management and employees to drive the business forward.

Karl Johan Börjeson, CEO of ProTrain, says:

Given ProTrain’s strong growth in recent years, we see it as a natural step to bring in a partner to strengthen us both financially and strategically. We have a clear expansion strategy going forward, and Priveq’s experience and expertise from other growth companies will be valuable in realizing this plan. With this new co-owner, we are positioning ProTrain for continued growth both in Sweden and internationally.”