Arcus Infrastructure Partners LLP

Asset ManagerMichael Allen

Overview

  • Sector transport
  • Vehicle AEIF2
  • Investment Year 2022
  • Status Invested
  • Country Sweden

Key Metrics

  • Ownership 100%
  • GRESB 2023 5th out of 8 Other Transport
  • Employees +500
  • Annual Inspections 1.5m
  • Stations 97
  • Customers annually 1.5m

Market

  • Heavily regulated market with high barriers to entry
  • Mandatory nature of the services provide highly visible and robust cash flow profile
  • Sweden’s strong macro environment supports the growth in underlying demand for vehicle tests and related inspection
  • Industry displays  resilience to macro-economic conditions, exogenous events and business cycles

Asset

  • A leading operator in mandatory periodic technical inspections for light and heavy vehicles, complemented by re-inspections, and voluntary and registration inspections
  • Presence across Sweden with a strong footprint in the more densely populated Stockholm area and a leading position in the northern parts of the country
  • Established as a premium provider of inspections with a focus on customer service and satisfaction
  • Compelling ESG attributes being part of a critical component of safety and environmental controls