Erik Selin becomes minority owner of Alektum Group – marking the beginning of a new era

In line with its strategic agenda and growth ambitions, Alektum Group is expanding its ownership structure as Erik Selin becomes new partner and minority owner.

Erik Selin has, through a wholly owned company invested in Alektum Group. He now owns 20% of the company. The Gustavsson family, founders of the company, owns 80%.

“We are very excited to welcome Erik to the company. It has been very important for us to find a person that complements us as owners. Erik personalises everything we have been looking for in a new partner. He is a very skilled entrepreneur with high standards and business ethics who will be able to contribute with invaluable competence, a strong professional network, and a solid financial platform”, says Tommy Gustavsson, representing the owners of Alektum Group.

“The most important factor in a company is its people and culture. In the Gustavsson family, and the employees of Alektum Group, I have found the commitment, knowledge and attitude that are crucial for success. I look forward to embarking on our mutual future journey,” says Erik Selin.

“Having Erik joining the company is both a great honour and a privilege. Erik has a long-term perspective that aligns with our vision and will facilitate continued growth. I feel confident, that together we will achieve great things and continue to contribute to a healthier society where everyone has the opportunity to maintain balanced personal finances and companies can rely on getting paid”, says Peter Sjunnesson, Chairman of the Board, Alektum Group

Accelerating growth

Additionally, Alektum Group has secured a revolving credit facility (RCF) up to SEK 4,6 billion, provided by DNB, Nordea and Swedbank, allowing the company to further accelerate its growth.

“The funding will allow us to fully capitalise on market opportunities throughout our 14 markets in Europe, which will enable us to further strengthen our position as the preferred debt collection partner to new and existing customers”, says Mats Augurell CEO of Alektum Group.