Axcel-backed XPartners Acquires Finnish Cost Consultancy Costa Laskenta

XPartners Group, a leading European engineering and design consulting group backed by Axcel, has acquired Costa Laskenta Oy, a Finnish cost consultancy specializing in quantity surveying, cost estimation, and cost management. The acquisition bolsters XPartners’ Finnish platform by adding specialist expertise in cost management, a discipline increasingly sought after by developers and contractors.

Costa Laskenta, founded in 2019 and headquartered in Helsinki with additional offices in Jyväskylä, Joensuu, and Seinäjoki, employs approximately 20 specialists. The company generated EUR 1.8 million in revenue in 2025. Its services cover all phases of construction projects, including early budget estimates, tender estimating, cost monitoring during construction, and carbon estimates. A key differentiator is Costa’s cost information model, which integrates cost estimation with Building Information Modeling (BIM) to maintain up-to-date cost data throughout project lifecycles.

According to the Managing Director of XPartners Finland, the acquisition fills a gap in the group’s Finnish offering by introducing precise cost estimation and management capabilities. “Costa brings specialist expertise in cost estimation and cost management that we have previously lacked within the group. It is a discipline of growing importance to both developers and contractors, and Costa delivers it with high precision in the Finnish market,” the director said. The acquisition also opens opportunities for collaboration across XPartners’ Finnish companies.

Costa’s CEO highlighted the strategic benefits of joining XPartners. “We have built Costa into a strong specialist in precise tender pricing and quantity surveying, proactive cost management, and cost information modelling. As part of XPartners, we see great potential in collaborating with the other companies in the group and reaching new types of assignments, while continuing to develop our own way of working and our offering,” the CEO stated.

XPartners Group AB (publ) comprises over 80 entrepreneur-led companies with approximately 2,500 specialists advising clients across infrastructure, buildings, energy, and environmental sectors. The group’s pro forma annual net sales amount to roughly SEK 5 billion. It is primarily employee-owned, with backing from private equity firm Axcel.

The acquisition aligns with broader industry trends emphasizing integrated project delivery and digitalization. By incorporating Costa’s cost information model linked with BIM, XPartners enhances its ability to provide comprehensive project lifecycle support, from early budgeting to construction cost monitoring. This integration is expected to improve precision and efficiency in tender estimating and quantity surveying.

Financial terms of the deal were not disclosed. The acquisition is expected to generate synergies through cross-selling cost management services to existing clients, expanding access to developers and contractors, and leveraging shared administrative functions across the Finnish platform. Operationally, integrating Costa’s cost information model with XPartners’ project management tools will strengthen service offerings.

Looking ahead, XPartners plans to integrate Costa’s workflows and technology carefully to maintain service quality and client relationships. The group also aims to capitalize on Costa’s expertise to develop advanced cost and project management solutions. Regulatory approvals were not mentioned, suggesting a smooth integration process.

This acquisition strengthens XPartners’ position in the Finnish construction consultancy market by adding a specialized cost management capability previously absent in the group. It also accelerates industry consolidation and may prompt competitors to enhance their own cost management services.