Attendo

What Attendo does

Attendo AB is the Nordic region's largest private care services provider, listed on Nasdaq Stockholm (ticker: ATT) and headquartered in Danderyd, Sweden. Founded in 1985, the company operates approximately 800 care units across Sweden, Finland, and Denmark, serving 200+ municipalities and employing roughly 33,000-35,000 people. Its service portfolio spans elderly care (nursing homes, assisted living, home care), disability care under Sweden's LSS framework (operated under the Unika sub-brand), and individual and family care (operated under the Viljan sub-brand), plus social psychiatry acquired via Mikeva in Finland.

Revenue is generated through two operating models: own operations (92% of net sales) where Attendo designs, builds, and operates care units under framework agreements with municipal governments at its own capital risk, and outsourcing operations (8% of net sales) where Attendo runs publicly-owned units under 2-5 year outsourcing contracts. Full-year 2025 revenue is approximately SEK 19B (Sweden ~SEK 7.7B, Finland ~SEK 11.1B, Denmark ~SEK 0.2B). Q4 2025 net sales were SEK 4.8B with lease-adjusted EBITA of SEK 343M (+53% YoY), adjusted EPS of 6.03 SEK, leverage at 1.1x, and occupancy at 88%. The company is targeting at least 9 SEK adjusted EPS by 2028.

The go-to-market is purely B2G: customers are municipal governments procuring through framework agreements, customer-choice systems (LOV/voucher), or tender processes. Attendo's competitive positioning rests on its Nordic scale, local presence in 200+ municipalities, decades of operating experience as Sweden's oldest care company, and an active bolt-on M&A program (Team Olivia Omsorg 2024, Främja 2025, Skåningegård-gruppen signed 2026) targeting high-acuity, specialized care segments where pricing power and expertise moats are stronger. Technology, as disclosed, does not include proprietary AI/ML platforms; the company is ISO 27001:2022-aligned and GDPR/NIS2-compliant, and its credit facility with Danske Bank, SEB, and Nordea is sustainability-linked to customer and employee satisfaction metrics.

Name

Attendo

Legal name

Attendo AB

Website

https://attendo.com

Company type

Public

Founded year

1985

Operating status

Operating

Headcount range

5,001–10,000 employees

Short description

Attendo is the Nordic region's largest private care services provider, operating ~800 units across Sweden, Finland, and Denmark serving 200+ municipalities with elderly care, disability care (LSS), and individual and family care services, generating approximately SEK 19B in annual revenue.

Ownership category

akta.pro rank

Product category

Elderly and Disability Care Services

NAICS

Continuing Care Retirement Communities and Assisted Living Facilities for the Elderly (62331), Nursing and Residential Care Facilities (623), Services for the Elderly and Persons with Disabilities (624120)

SIC

Services-Nursing & Personal Care Facilities (8050), Services-Home Health Care Services (8082)

akta.pro primary industry

Live-In & 24/7 In-Home Care (HLADAGAI)

akta.pro secondary industry

In-Home Respite Care (Hourly/Short-Shift) (HSABAGAA)

Keywords

• Elderly care services
• Disability care services
• Home care services
• Individual family care
• Nordic care provider

Headquarters

HQ city

Danderyd

HQ country

Sweden

HQ region

Europe

Offices4 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Infrastructure, Others

Revenue model

1. Own Operations: Attendo operates its own care units (92% of net sales) based on framework agreements without volume guarantees. This includes care for older people, people with disabilities (LSS), and individual and family care (IOF). Revenue is generated through service fees from municipalities based on occupancy and services provided.
2. Outsourcing Operations: Attendo operates publicly controlled units (8% of net sales) through outsourcing contracts with municipalities. These typically cover 2-5 year periods with extension options. Revenue is based on contracted service provision.

Go-to-market motion1 record

Distribution channels3 records

Marketing channels1 record

Core offering

Attendo is the Nordic region's largest care services provider, operating approximately 800 care units across Sweden, Finland, and Denmark with around 33,000-35,000 employees. The company delivers elderly care, care for people with disabilities (LSS), and individual and family care (IOF) primarily through framework agreements with municipalities, operating its own care units (92% of net sales) and outsourced public units (8% of net sales).

Product overview

Attendo is a Nordic care services provider organized as a platform with two main business areas: Attendo Scandinavia (Sweden and Denmark) and Attendo Finland. The company operates approximately 800 units across 200+ municipalities with around 33,000-35,000 employees. Services are delivered through two operational models: own operations (92% of net sales, based on framework agreements) and outsourced operations (8% of net sales). Following the 2024 acquisition of Team Olivia Omsorg, Attendo rebranded its specialized services under two sub-brands: Unika for LSS and disabled care services, and Viljan for individual and family care. Core services span elderly care, home care, care for people with disabilities, and individual and family care across Sweden, Finland, and Denmark.

Differentiator

Problem solved

Functional benefit

Brands

• Unika: Brand for LSS (disability care) services in Sweden, offering highly specialized care for people with disabilities including Prader-Willis syndrome
• Viljan

Products and services

• Attendo Scandinavia Business area covering Attendo's Sweden and Denmark operations. In Sweden: 360 units, 14,000 employees, revenue of SEK 7.7 billion. In Denmark: 3 units, 200 employees, revenue of SEK 0.2 billion. Services include elderly care, home care, LSS (care for people with disabilities), and individual and family care (IOF) delivered to municipalities.
• Attendo Finland Business area covering all Finnish operations with 410 units and 18,800 employees, generating revenue of SEK 11.1 billion. Provides elderly care and care for people with disabilities services delivered to Finnish municipalities.
• Unika Sub-brand for LSS (care for people with disabilities) services in Sweden, offering highly specialized care including facilities for people with Prader-Willis syndrome. Operates the fifth specialized LSS residence in Sweden for this condition.
• Viljan Sub-brand for individual and family care (IOF) services in Sweden, offering tailored solutions within child welfare and family support, providing customized services for individuals and families needing the next positive step in life.
• Elderly Care Services Core care services for older people including nursing homes, assisted living, and home care services. Attendo operates own units and outsourced operations based on framework agreements with municipalities across Sweden, Finland, and Denmark.
• Home Care Services Home-based care services providing support for elderly and disabled individuals in their own homes. Includes home help services and safety alarms, delivered across Attendo's Nordic operations.
• Care for People with Disabilities (LSS) Specialized care services for people with disabilities under Sweden's LSS law (Support and Service to Certain Functionally Disabled Persons), including group homes and daily activity centers, operated under the Unika brand in Sweden.
• Individual and Family Care (IOF) Social services including family homes, rehabilitation, recruitment services, and meal services. Covers support and treatment for children and families, operated under the Viljan brand in Sweden.

Named customers3 records

Segments4 records

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Scale indicators13 records

Recent moves7 records

Expansion highlights4 records

Broad incumbents

• Sodexo S.A. Sodexo owned Attendo (then Partena Care) from 1995-2000 and is a global leader in food services, facility management, and personal/home care services. It is an adjacent incumbent with overlapping care service capabilities but operates globally rather than concentrated in Nordic care.
• Capio (part of Ramsay Santé): Capio is a European healthcare provider that previously owned Capio Omsorg (acquired by Attendo in 2004). Now part of Ramsay Santé, it operates hospitals and specialist clinics primarily but shares a historical and customer relationship with Attendo in the Nordic healthcare market.

Direct peers

• Esperi Care Oy: Esperi Care is a Finnish provider of elderly care, disability care, and mental health services with operations also in Sweden. It is a direct competitor in the Finnish care market, bidding for similar municipal contracts as Attendo Finland.
• Ambea AB: Ambea is a Swedish care company operating elderly care homes, disability care (LSS), and social psychiatry services across the Nordics. It is Attendo's most direct Nordic competitor, with overlapping service lines, customer base (municipalities), and business model (own operations with framework agreements).
• Mehiläinen: Mehiläinen is a leading Finnish private healthcare and care services provider offering elderly care, disability services, and broader healthcare. It competes directly with Attendo Finland across elderly and disability care segments.
• Humana AB: Humana is a Nordic care company specializing in individual and family care, elderly care, and personal assistance. It directly overlaps with Attendo's IOF (Viljan) and LSS (Unika) service lines and competes for the same municipal contracts in Sweden, Norway, and Finland.

Regional players

• Pihlajalinna Oyj: Pihlajalinna is a Finnish private healthcare and social services provider operating clinics, elderly care, and rehabilitation services. It is a regional competitor to Attendo Finland in private care delivery and shared municipal customer base.
• Terveystalo: Terveystalo is a major Finnish private healthcare provider that acquired Attendo's divested Finnish healthcare business in 2018. While primarily a healthcare (vs. care services) operator, it shares Attendo's Finnish customer base and is an adjacent market participant in Nordic private health/care services.
• Norlandia Health Care (Cederlund): Norlandia operates nursing homes, assisted living facilities, and home care across Norway and the Nordics. It is comparable to Attendo's elderly care segment and competes in adjacent Nordic geographies, particularly in Norwegian elderly care.

Emerging players

• GHP Specialty Care AB: GHP is a Swedish specialty healthcare provider focused on niche surgical and diagnostic services. While primarily specialty medical rather than social care, it shares a Nordic healthcare investor base and overlapping private-sector delivery model.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/attendose
• Facebookfacebook.com/Attendo-AB
• LinkedInlinkedin.com/company/attendo-care

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Subsidiaries6 records

Funding overview

Funding rounds1 record

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A8 records

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Attendo