Stockholm/Luxembourg, January 31, 2025 – AURELIUS, a global private equity investor with operations in Europe and North America, is pleased to announce the acquisition of Lernia, a staffing, recruitment, matching and training agency, which will strengthen AURELIUS’ footprint in the Nordics.

Lernia, formerly AmuGruppen, has roots dating back to 1918, and is currently present at almost 100 locations in Sweden, with group headquarters in Stockholm. With 5,300 employees, the company generated an annual turnover of SEK 3.5 billion in 2023.

The acquisition represents a strategic opportunity for AURELIUS Private Equity Mid-Market to leverage its investment and operational expertise to unlock value in a dynamically changing market. Private ownership will give the enterprise freedom to act in a competitive fashion and to develop its operations in the way it sees fit, based on economic parameters alone.

Short and medium-term Market Challenges

Lernia’s recent financial performance has been volatile. Regulatory changes as well as a fast evolving market backdrop have had a structural impact on all market participants. Lernia stands to benefit from a private owner which will be the change agent supporting the company in adapting its strategic posture, streamlining its operations and improving its overall performance to a sustainable level.

Fabian Steger, Managing Director at AURELIUS European Opportunities IV, says: “Lernia is renowned for its strong brand and deep expertise in providing flexible workforce solutions. We are excited to welcome Lernia into the AURELIUS family. We are also confident to be able to provide the right support in changing times, and to create value. We intend to develop the company further, in close collaboration with the executive management team and other stakeholders.”

A Shared Vision for the Future

AURELIUS is committed to supporting Lernia’s employees, customers, and stakeholders during this transformation. Its collaborative approach will ensure that the company continues to deliver high-quality services while creating new opportunities for innovation and growth.

“We believe in the strength of Lernia’s team and their ability to continue driving success in this evolving market. We also believe that the relationships Lernia has with its customers are paramount. We will fully support Lernia in fostering these under our ownership,” adds Steger. “Our goal is to work closely with employees, customers, and trade unions to promote stability, innovation, and long-term success.”

The acquisition demonstrates AURELIUS’ determination to invest in market-leading companies with untapped growth and operational potential. It is subject to customary regulatory approvals and expected to close towards the end of the first quarter of this year.

For further inquiries, please contact:

Harald Kinzler

harald.kinzler@dgagroup.com

+44 7510 385 551