ALM Equity AB was founded in 2006 through an investment in seven smaller property development projects. Since then, the company has been characterized by innovation and expansion through acquired and organic growth.
In 2012, the company was listed on the NASDAQ First North Growth Market with two types of shares, ALM Stam (ordinary) and ALM Pref (preference).
In 2017, the housing developer Småa AB was acquired, which improved ALM Equity with both expertise and a project portfolio. In connection with the acquisition, the business was divided into five independent business areas with separate companies and brands.
In 2020, the subsidiary Svenska Nyttobostäder was spun off, demonstrating ALM Equity's model for corporate development and idea of developing businesses in the property industry.
In 2021, ALM Equity acquired the housing developer Järntorget, which, with its location in Greater Stockholm complemented and improved the existing business areas. The deal was an investment to make ALM Equity the leading corporate developer in the Swedish property industry.
In 2021, Svenska Nyttobostäder became an associate company.
In 2022, Nya Klövern was formed in collaboration with Corem Property Group. ALM Equity contributed 11,000 building rights as well as resources for project development expertise. With an initial project portfolio of 24,000 residential units and a potentially complementary inventory, Klövern will become one of Sweden's largest residential property managers.
In 2022, ALM Equity became a major shareholder in the housing developer Aros Bostad with a stake of around 35% through a non-cash issue of 1,500 building rights in the Stockholm area. In connection with the transaction, Joakim Alm joined Aros Bostad's Board of Directors.