Growth and transition

Nordic M&A’s Growth & Transition team focuses on assisting successful companies to reach the next level in the company’s life cycle

The main challenges we help with include the following:

How can the company be sold so that the owners obtain the best possible price?
How can the company and its owners best participate in an ongoing consolidation of the industry?
How can a merger be carried out so that it creates value for the owners?
Can the company buy up other companies as part of a successful growth strategy?
Which capital partner has the right profile to help the company to the next level?
Under what conditions can capital be attracted to finance the company’s growth?

We understand the opportunities and challenges for owner-managed businesses. We have helped more than 100 owners realize value or raise capital to ensure future successful development

SELECTED TRANSACTIONS

Financial advisor to Amayse on the sale to Lifco

The Deal

Amayse is the leading global supplier of 3D advertising for televised sports events and stadium branding solutions . They are the originator of 3D signage and the world’s largest provider of 3D CamCarpets and 3D painted signs at sports events across the glob e

Insight

Amayse is headquartered in Denmark with offices in London and South Africa. Their impressive customer portfolio consists of FC Barcelona, Bayern Munich, UEFA, Chelsea among others.

Financial advisor to John Jensen VVS on the sale to InstallatørGruppen backed by FSN Capital

Financial advisor to Nørrebro Bryghus on the sale to Royal Unibrew

The Deal

Royal Unibrew A/S, a multinational beverage company has acquired Nørrebro Bryghus, a leading Danish microbrewery located in Copenhagen. Nørrebro Bryghus is a leading Danish microbrewery located in Copenhagen, Denmark. Founded in 2003, it is one of the pioneers of the Danish craft beer movement. The brewery is known for its innovative and unique beer styles, high quality, sustainable brewing methods and lo cally sourced ingredients.

Insight

Nørrebro Bryghus offers a wide range of beers, including IPAs, stouts, pilsners, and sours. Nørrebro Bryghus distributes its certified organic beers to restaurants and stores from its brewery in Hedehusene and direct – to – consumer through its webshop, the Nørrebro Bryghus brewpub and the Reffen container brewery. Royal Unibrew is a multi – beverage company with local brand portfolios in the Nordic region, the Baltic countries, Italy, and France. Royal Unibrew has a broad po rtfolio within a wide range of categories, including beer, malt beverages, soft drinks, energy drinks, cider/RTD, juice, water, wine, and spirits. In addition to own brands, Royal Unibrew offers license – based international brands from PepsiCo and Heineken in Northern Europe. Royal Unibrew realised net revenue of DKK 8.7 billion and EBIT of 1.7 billion in 2021 .

Financial advisor to the owners of ARAS Security on the sale to Lagercrantz Group

The deal

ARAS Security is a Danish security solutions company and system developer, specializing in combined alarm and access control systems, smart buildings, and digitization. The company’s solutions are based on the open and modular security system NOX, for which ARAS Security has exclusivity in the Nordics. With main operations in Denmark, ARAS Security has established a local leadership position and are gaining strong traction in Sweden. The acquisition of ARAS Security strengthens Lagercrantz’ leadership position within the security sector as a strong addition to its TecSec division.

Insight

The successful journey of ARAS Security is based on its modern approach to corporate security solutions. With the NOX security system as a base, ARAS can combine the latest technology, which gives customers free choice of card readers, biometrics readers, detectors, and the opportunity for customized applications. Through innovative integrations with the customer’s other operations, ARAS Security provides efficient security solutions tailored to each customer’s unique needs. The partnership with Lagercrantz provides a strong foundation for the future development of ARAS Security and its Nordic expansion plan.

Financial advisor to NTR Holding (listed on Nasdaq Copenhagen) on the sale of Daniamant to Ernströmgruppen

The Deal

Daniamant specializes in products that contribute to safety at sea. The company operates with sales on a global market from two production sites in Denmark and UK respectively. Their product range consists of three product groups: Survivor Locator Lights, Bridge and Voyage Alarms, Salinity and Oil – in – Water Sensors. The acquisition of Daniamant strengthens Ernströmgruppen’s portfolio of martime safety companies.

Insight

As a long – standing global market leader within survivor location lights, Daniamant is well – posit ioned to capture additional value with the support from Ernströmgruppen through further penetration of the maritime safety market based on innovative and top – quality products. The new partnership with a larger player will drive additional growth through the capitalization of Danimant’s strong company platform and valuable relations with global segment – leading customers . The acquisition will further strengthen Ernströmgruppen’s position in the marine safety market and provide a solid base for further expansion within the space.

Financial advisor to the owners of EAST on the sale to Accent Equity

The Deal

EAST is an industry leader in providing fashion houses with various garment sourcing and design services with c 190 employees located in Denmark, Germany, Spain and China. EAST has initiated a European expansion plan and aims to accelerate new market entries supported by Accent Equity, a Swedish private equity firm that focuses on investing in Nordic companies where a new partner can serve as a catalyst.

Insight

EAST’s recent success and significant market share gain is based on the combination of Danish – inspired design and local operations in China with a strong network of local suppliers. Through long – standing relations with large prominent fashion houses, EAST consistently provides fast – paced and high – quality sourcing, design and logistics se rvices to the group’s customers across Europe. Key customers include Bestseller, El Corte Ingles, s.Oliver, Bon Prix, IB Company and About You. EAST was previously owned by the management group, key employees and external investors, including CEO and co – founder Poul Skovgaard. Current active owners and the management team will reinvest and continue to develop the group in close cooperation with Accent Equity. The partnership with Accent Equity will strengthen EAST in its recently initiated European expa nsion plan and will also accelerate new market entries as part of the group’s further growth journey.

Financial advisor to the owners of Poul Johansen Maskiner on the sale to Bila Group

The Deal

PJM is a leading developer, designer and manufacturer of advanced industrial automation solutions with more than 100 employees and attractive global customers within medico and industrial manufacturing. The acquisition of PJM strengthens BILA’s Scandinavian leadership within industrial automation and robotics and provides a strong platform for further growth through improved competitiveness on the international scene.

Insight

The successful development of PJM is based on its profound knowledge a nd extensive experience in the field of automation processes, enabling PJM to deliver innovative, co – developed machine platform solutions as a preferred partner to a highly attractive portfolio of loyal customers. Key customers include Lego, Novo Nordisk, Coloplast , Convatec, Danfoss and Grundfos. The previous owner, Poul Johansen Foundation, which will retain a minority stake in PJM, welcomes BILA as a great match to further strengthen business activities while ensuring that the founder Poul Johansen’s he ritage endures. The partnership with BILA provides strategic strength to excel in the growing industrial automation market and to accommodate current trends among new and future customers that are setting their sights on rapid transitions and increasingl y streamlined production processes.

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 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.