Freedom Group continues its consolidation of the accounting services industry through the acquisition of Lidhed & Boström Redovisning och Revision AB. The company offers accounting services, payroll administration and related financial and administrative services to small and medium-sized companies (“SMEs”).

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The two acquisitions take the group's turnover to approx. SEK 230m and at the same time strengthen the group's geographical presence in Jönköping and Ulricehamn. The acquisition is in line with Freedom Group's strategy to consolidate and digitize the accounting services industry.

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“During the years we’ve been courted by a number of suitors, but Freedom Group made us want to join forces on a joint journey to transform the industry. We are very excited to join the Freedom Group and its many innovative accounting firms that aim to be in the forefront of the industry.” - Jan Polsten, CEO, Lidhed & Boström Redovisning och Revision AB

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“Lidhed & Boström has built a very strong market position in Småland and Västergötland/Östergötland and developed an advisory offering for the SME segment. We are confident that we will be able to learn a great deal from each other. A very warm welcome to the Freedom Group!” - Henrik Rättzén, chairman of the Board, Freedom Group AB

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About Lidhed & Boström Redovisning och Revision AB

Lidhed & Boström Redovisning och Revision AB was founded in 2017 and has since made some acquisitions of smaller audit and bookkeeping firms to build a strong market position in southern Sweden. The company has approx. 36 FTEs across its offices in Jönköping and Ulricehamn.

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About Freedom Group

Freedom is an innovative group of accounting firms at the forefront of the industry. Our vision is to help our customers win. By having efficient and digitized processes we can spend time where it matters to the customers, being there and giving advice that helps them develop their business.

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Contact person:

Mårten Werner, Partner MVI

marten.werner@mvi.se

+46 70 992 72 24