Complex Business Services
We have unique knowledge of the international business services sector and have advised in sales processes for leading Danish consulting engineers, architects, consulting companies etc. We have developed a knowledge of the leading international players in the industry, and have completed transactions with e.g. idverde, Artelia Group and ÅF.
Every year we publish a sector report which uncovers the most relevant megatrends within the engineering industry, as well as relevant transactions and the industry’s general development. Our extensive knowledge of the market enables us to embrace the industry’s complex level of detail and we know the unique parameters that drive value in a transaction.
SELECTED TRANSACTIONS
Financial advisor to Avenida Consult on the sale to Right People Group backed by Capidea
The Deal
Nordic M&A advised Avenida Consult, a Danish consultancy specializing in providing IT freelance consultants to private companies and public institutions, on the sale to Right People Group, a leading Capidea-backed consulting firm. Avenida’s business model is centered around highly qualified freelance IT consultants with proven track records and skills, offering clients the necessary resources and flexibility to navigate the forefront of IT trends and workforce changes. From its headquarters in Hellerup, Avenida is operated by an efficient team of nine employees along with an extensive network of more than 2,500 freelancers.
Insight
“Avenida has established a strong market position in recent years and achieved impressive results,” says Agner Mark, Chairman of RPG. He adds, “Avenida and Right People Group complement each other perfectly and make an excellent match. We are very much looking forward to collaborating with Jesper Geisler and his talented team.” “At Avenida, we are very familiar with Right People Group and have long been impressed with their well-run business, especially their leading role in digitizing sales and delivery processes and their ability to scale and internationalize their concept. We are all incredibly excited to become part of RPG. The process leading up to the acquisition has further confirmed that we are joining a company with a strong and ambitious leadership team, whose visions we share to a large extent,” says Jesper Geisler, CEO of Avenida.
Financial advisor to H.P. Entreprenørmaskiner on the sale to Semler Gruppen
The Deal
The largest player on Denmark’s automotive market in Denmark and a reliable agriculture partner, Semler Gruppen, has entered into an agreement to acquire H.P. Entreprenørmaskiner, a leading construction machinery solutions provider in Denmark, Greenland and the Faroe Islands. Since its inception in 1981, H.P. Entreprenørmaskiner has become a leading importer of construction machinery and equipment from the world’s top manufacturers, including Hitachi Construction Machinery. The company is headquartered in Bjæverskov just southwest of the Capital Region of Denmark.
Insight
According to Semler Gruppen’s CEO, Ulrik Drejsig, the ambition is to strengthen and diversify the company’s portfolio and enter the attractive market for the sale of construction machinery: “H.P. Entreprenørmaskiner is a strong and well-run business with deep expertise in construction machinery. The acquisition provides us with an optimal foundation to establish ourselves in the industry and, through our skills and size, deliver even better service to our customers,” says Ulrik Drejsig. Hans Peter Pedersen, CEO and founder of H.P. Entreprenørmaskiner says: “It holds significance who carries forward one’s business after over 40 years, and the Semler Group is unquestionably the ideal candidate to elevate the business to the next level. Entrusting the company to them ensures future resilience, grounded in shared values and a vision for developing the business.”
Financial advisor to John Jensen VVS on the sale to InstallatørGruppen backed by FSN Capital
Financial advisor to John Jensen VVS on the sale to InstallatørGruppen backed by FSN Capital
Financial advisor to Gehl Architechts on the sale to kyu Collective
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.
Financial advisor to Ejendomsvirke on the sale to PHM Group backed by Norvestor
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.
Financial advisor to VIA equity on its sale of EnviDan to Waterland Private Equity
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
Financial advisor to Malmos on the sale to idverde
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.
Financial advisor to MOE on the transaction with Artelia 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.
Financial advisor to M. Larsen the sale to Remondis
Financial advisor to M. Larsen the sale to Remondis
Financial advisor to Gottlieb Paludan Architects on the sale to ÅF
Financial advisor to Gottlieb Paludan Architects on the sale to ÅF
Financial advisor to Alectia on the merger with Niras
Financial advisor to Alectia on the merger with Niras