Sitowise aims to be the most sustainable and responsible partner in the industry in developing a prosperous living environment. Sitowise’s aim is to continue profitable growth both organically and through acquisitions.
To achieve its goals, Sitowise has identified the strategic focus areas presented here.
As part of its strategy, Sitowise aims to continue to grow also organically, and to continue to maintain strong margins by focusing on internal efficiency and maintaining a high utilization rate. The key contributors to Sitowise’s strong internal efficiency are
In the Buildings and Infrastructure business areas Sitowise’s aim is to maintain its market position in Finland and grow by further strengthening its capabilities and position in selected client segments.
Sitowise’s digital capabilities are one of the key strengths of Sitowise, as by combining the building and infrastructure engineering knowledge with IT and digital skills, Sitowise is able to deliver solutions that support the business and decision-making capacity of the customer, providing significant growth opportunities.
Sitowise seeks growth in Digital Solutions both by leveraging the digital capabilities when offering building and infrastructure consulting services to its customers as well as by providing unique IT systems and services related to the built environment and transportation.
The key growth opportunities identified by Sitowise’s management are:
Sitowise’s target is to build a multidisciplinary operation covering infrastructure and building engineering with significant scale in Sweden. In 2020 13 percent of Sitowise’s net sales was generated from Sweden. Sitowise has expanded to Sweden through acquisitions during 2019–2021 and through opening a new office in Malmö in the beginning of 2020. Sitowise’s main growth initiatives in Sweden include:
Sitowise also sees potential growth opportunities in other Nordic countries in the future.
Sitowise aims to continue growing through selective M&A, both in Finland and Sweden, and potentially in other Nordic countries in the future. Selective M&A is part of Sitowise’s growth strategy in all of the business areas: Sitowise aims to strengthen its offering and presence in selected customer segments in Buildings and Infrastructure and grow capabilities in Digital Solutions. In addition, acquisitions are an important part of the expansion plan in Sweden.
Sitowise systematically looks for targets with
Sitowise has a reinvestment model, where sellers reinvest a part of their proceeds back to Sitowise, which allows the owners to remain as shareholders post-acquisition and add value to their investment.