Complex Business Services
Vi har et unikt kendskab til den internationale business services-sektor og har rådgivet i salgsprocesser for førende danske rådgivende ingeniører, arkitekter, konsulentvirksomheder mm. Vi har udviklet et kendskab til de førende internationale aktører i branchen, og har gennemført transaktioner med bl.a. idverde, Artelia Group og ÅF.
Hvert år udgiver vi en sektor rapport, som afdækker de mest relevante megatrends indenfor ingeniørbranchen, samt relevante transaktioner og branchens generelle udvikling. Vores omfattende kendskab til markedet gør os i stand til at omfavne branchens komplekse detaljeniveau og vi ved hvilke unikke parametre som driver værdien i en transaktion.
UDVALGTE TRANSAKTIONER
The deal
Kyu has acquired shares in Gehl Architects Holding ApS, an urban strategy and design consulting firm headquartered in Copenhagen, Denmark. Kyu is a strategic operating unit of Hakuhodo DY Holdings Inc. Gehl is an urban strategy and research consultancy offering expertise in the fields of architecture, urban design, landscape architecture, and urban planning. It provides consultation from overall urban planning strategy building to the construction process in general.
Insight
Gehl’s people-centered design philosophy and passion for sustainable urban development are closely aligned with kyu’s purpose—to be a source of creativity which propels the economy and society forward—and the company has already worked with kyu companies such as ATÖLYE, IDEO and SYPartners. Gehl joining the Group enhances not only of kyu’s, but the entire Hakuhodo DY Group’s ability to provide value.
The Deal
Ejendomsvirke is a nationwide Danish property management company , servicing more than 350 properties through offering core competencies within property management and various value – adding services within property administration and property maintenance. As part of a broader consolidation in the Nordics, PHM Group expands into Denmark with the acquisition of Ejend omsvirke as a first step towards continued growth in the Danish market.
Insight
Through a customer – driven approach with relentless focus on quality, Ejendomsvirke has created a well – known brand name through a long history in the Danish property management market. T hrough support from Nordic property maintenance specialist PHM Group , Ejendomsvirke is ready to accelerate growth by capitalizing on the leading position in Denmark and strong company platform, including its highly experienced management team, unique employee dedication and up – to – date digital solutions. PHM Group has around 3,000 property maintenance professionals and operations in 30 cities in Finland, 10 cities in Sweden and two cities in Norway.
The Deal
EnviDan is a leading company within consultancy and solutions to the water and wastewater sector, with a strong position and unique competences within the water cycle – also in a European perspective. EnviDan has created high growth and revenue, and the company has, with its more than 260 specialised employees in Denmark, Norway and Sweden, established a strong Nordic platform and a solid basis for further growth. The EnviDan management group will remain shar eholders by investing alongside Waterland Private Equity.
Insight
EnviDan delivers holistic solutions within water, wastewater, energy and environment, as well as financial consultancy combined with a broad suite of software solutions for the Danish, Norw egian and Swedish utilities sectors. EnviDan has offices in Silkeborg (HQ), Aarhus, Aalborg, Kastrup, Lyngby, Oslo, Åndalsnes, Gothenburg, Helsingborg and Malmö. In 2019/20 the company had a net turnover of DKK 271 m with an EBITDA of DKK 39.8 m. Waterlan d Private Equity is a leading European private equity firm, which has made investments in more than 600 companies. In 2020, Waterland was awarded the prize as Pan – European Private Equity House of the Year at the Real Deals Private Equity Awards. VIA equity is a leading northern European multi – stage private equity firm with a successful history of building and transforming companies into leading national and international actors
The Deal
Malmos (DK) is a leading landscaping company on the Danish market with c 100 employees and an annual revenue of more than 200 DKKm. With this transaction, Malmos becomes part of the largest European provider of ground maintenance services and landscape construction projects, idverde (FR). idverde has an annual turnover of 5,200 DKKm and 7,000 employees operating throughout France, the UK and the Netherlands.
Insight
The success of Malmos is built on a foundation of more than 60 years of expertise within complex landscaping. Through long – standing relations and references on large – scale landscaping projects in Denmark, Malmos completes more than 350 landscaping proj ects annually for corporate clients and contractors. Previous projects include Amager Bakke (Copenhill), Tivoli Congress Center and Carlsberg Byen. Malmos is owned by the management group, including Per Malmos, son of the founder Paul Malmos, who establis hed the company in 1953. The partnership with idverde will strengthen Malmos’ position significantly, with added capabilities and specialised knowledge driven by similar values and a passion for landscaping. idverde is owned by leading European private eq uity company Core Equity Holdings (BE). The current owners of Malmos will remain shareholders by investing in the idverde Group alongside other managers of the Group.
The Deal
MOE is the largest independent engineering consultancy in Denmark, with around 1,000 employees. By entering into partnership with Artelia, MOE becomes part of a strong global player within engineering consulting services. The combined group has more than 6,000 employees.
Insight
MOE is a leading Danish engineering consulting company offering full – service solutions to, primarily, the Building, Energy & Industry and Infrastructure market segments. MOE has a strong Nordic platform with offices in D enmark and Norway, together with a highly efficient production unit in the Philippines. MOE is owned by the employees and the management group. MOE initiated a process to investigate the opportunity to partner with a strong global player with an optimal s trategic and cultural fit and wide – ranging global experience within the specific MOE expertise areas. The world’s leading engineering companies showed great interest, and MOE finally selected a partner that was able to offer continued ownership by MOE ́ s e mployees and management. MOE has joined forces with a company that is similar in manyways: A solid growth – oriented employee – owned business that dates more than 60 years back, with operations in more than 30 countries. The competitive edge for both MOE and Artelia is the continuous focus on maintaining and developing leading engineering consulting capabilities based on a solid foundation of industry – high employee satisfaction based on a high entrepreneurial spirit due to the employee ownership.
The Deal
Nordic M&A was the exclusive financial advisor to M. Larsen on the sale to Remondis. With the Remondis-partnership, M. Larsen became part of one of the strongest global players within transport, water management, waste and recycling services to the industrial market.
Insight
M. Larsen was founded in 1947 as a family-owned business in the field of waste recycling. The company has grown into one of Denmark’s largest players with almost 450 vehicles and more than 800 employees. M. Larsen was looking for a strong partner with wide-ranging international experience in the field of waste management and recycling in order to strengthen the future strategic development of the business. M. Larsen sold a majority stake to Remondis and, thereby, joined a company that is similar in many ways: A solid and experienced family- owned business that dates 80 years back. However, Remondis operates on a much larger scale at more stages of the value chain, but still within the fields of waste and recycling while focusing on resource efficiency and sustainability. By entering into a visionary partnership with Remondis, M. Larsen got access to know-how within new areas and financial strength to continue the impressive growth.
The Deal
Nordic M&A acted as financial advisor to Alectia on the merger with Niras. The merger created a new major player in the consulting engineering industry.
Insight
Alectia was a Danish consulting engineering firm with around 700 employees that dates back to 1912. Through the years, Alectia had developed from a pure engineering company to a consulting company with competences in multiple fields such as construction, medical, water supply and work environment. Niras is Denmark’s third largest consulting engineering firm with 1,400 employees. With the merger of Alectia and Niras the industry witnessed a merger between two of its largest companies in Denmark. The merged company continues under the name Niras, and with more than 2,000 employees globally, the merger allows the new company to offer the customers a broader field of expertise. The aim of the merger was to create a more competitive company and a solid platform for future growth. Both companies had aggressive growth strategies, and the greater financial power obtained through the merger will allow the companies to fulfil their growth strategies aiming at becoming a true Nordic company with a global orientation.