Axon Partners Group (“Axon”) through its Growth investment strategy announces its participation as a cornerstone investor to support the Initial Public Offering (IPO) of Arenit Industries (“Arenit”), a fast-growing industrial solutions company specialising in precision manufacturing. This investment is fully aligned with Axon’s strategy of supporting high-quality companies with strong fundamentals, scalable platforms, and clearly defined value creation roadmaps at pivotal moments in their growth trajectory.
The IPO implies a pre-money equity valuation of approximately SEK 1.39 billion (c. €120 million), with gross proceeds of around SEK 450 million (c. €40 million).
Arenit Industries operates at the intersection of industrial innovation and performance, with exposure to structurally growing end markets such as construction, energy infrastructure, and advanced manufacturing. The company has built a scalable platform supported by a robust pipeline of opportunities and a clear strategy to accelerate growth through selective, value-accretive acquisitions. Management has demonstrated strong execution capabilities, completing 11 acquisitions to date, alongside a disciplined approach to capital allocation, key factors in consolidating its market position and driving long-term value creation. The company’s differentiated technology platform and solid order backlog position it for accelerated growth in both domestic and international markets. Arenit has developed an active pipeline of acquisition targets and intends to deploy a significant portion of the IPO proceeds to continue executing its inorganic growth strategy, while also expanding production capacity to further strengthen its leadership in niche industrial segments.
As a cornerstone investor, Axon brings not only capital but also strategic expertise, leveraging its extensive track record in supporting technology-driven and industrial companies through critical growth phases. "We are pleased to support Arenit Industries at this important milestone" said Francisco Velázquez, Axon Managing Partner;
Arenit represents the type of forward-looking industrial platform we seek to partner with, combining strong fundamentals, proven execution capabilities, and a clear vision for sustainable growth. We believe the company is well positioned to deliver long-term value to shareholders.´
This investment is consistent with Axon’s broader strategy of participating in high-quality public market opportunities, where it can act as a long-term partner while supporting companies throughout their listing process and subsequent growth phases.
The fund promotes sustainable characteristics in its investments in accordance with Article 8 of the SFDR Regulation and is committed to the UN Principles of Responsible Investment. Axon has been publicly traded on the Madrid Stock Exchange [BME: APG] since 2022.
About ARENIT
Germany-based ARENIT Industrie SE is dedicated to acquiring and developing profitable B2B niche companies across precision manufacturing and devices and industrial solutions in the DACH region. The company is listed on Nasdaq First North Premier Growth Market as of 17 March 2026.
About Axon Partners Group
Axon is a leading technology investment and consulting firm. Through its ISETEC fund, part of its Growth investment strategy, Axon invests in companies listed on European multilateral trading platforms, with a focus on the pre-IPO, IPO and post-IPO phases, targeting companies with models based on new technologies and innovation. The fund promotes sustainable characteristics in its investments in accordance with Article 8 of the SFDR Regulation and is committed to the UN Principles of Responsible Investment. Axon has been publicly traded on the Madrid Stock Exchange [BME: APG] since 2022
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