Foxway appoints Patrick Höijer as new CEO

Founded in 2009 and headquartered in Sweden, Foxway has grown into a key player in the circular tech market, helping businesses source, lease, refurbish, and resell IT equipment. With over 1,000 employees and operations in more than 100 countries, Foxway achieved a turnover of € 660 million in 2023. The company’s growth has been further bolstered by Nordic Capital, a private equity firm that became the majority owner in 2023.

Patrick Höijer brings extensive B2B experience from the fintech and telecom sectors, having held executive roles at Precise Biometrics, Nets Group, and Tele2. Foxway: “His track record of driving profitable growth aligns with Foxway’s goal to revolutionize the tech industry through a sustainable, circular business model. As CEO, Höijer is expected to lead Foxway into its next chapter of growth, focusing on both organic expansion and strategic acquisitions”.

“I’m honored to have been appointed to lead Foxway, which clearly has a very experienced team dedicated to help customers support their digitalization while also reducing their carbon footprint. I’m looking forward to getting to know the team to further build and develop Foxway and to contribute to the next chapter of growth,” says Patrick Höijer, incoming CEO.

The transition also marks the end of an era for Martin Backman. During his period of CEO the company has seen significant growth. Backman’s departure comes as the company is poised for accelerated growth, making this an opportune time for new leadership to take the reins.

Foxway’s Board of Directors expressed confidence in Höijer’s ability to drive the company’s transformation and growth, emphasizing the untapped potential in Foxway’s mission to promote a circular economy in the tech industry. As Höijer steps into his new role, the industry will be watching closely to see how Foxway continues to innovate and expand under his leadership.