Transaction

Clearwater advises the shareholders of Østergaard Entreprise on its sale to Dansk Ejerkapital

Transaction

Østergaard Entreprise on its sale to Dansk Ejerkapital

Sell-side

Undisclosed

Role

Adviser to Østergaard Entreprise on its sale to Dansk Ejerkapital

Sector

Business Services

Region

Denmark

Clearwater har rådgivet aktionærerne bag Østergaard Entreprise A/S, som er markedsledende specialist inden for installation af fjernvarmerør, ved salget til kapitalfonden Dansk Ejerkapital.

Østergaard Entreprise har været på en stor vækstrejse i de seneste år og er i dag klar markedsleder inden for installation af fjernvarmerør i de danske fjernvarmenetværk og har cirka 200 medarbejdere. Virksomheden er en vigtig brik i forhold til at sikre en succesfuld konvertering fra naturgas til fjernvarme og overgangen til en grønnere, mere sikker og efficient varmeforsyning. 

Dansk Ejerkapital er en dansk kapitalfond, der investerer i små og mellemstore virksomheder med stort dansk vækstpotentiale og stærke ledelsesteams, der stræber efter at være markedsledere inden for deres respektive markeder. Det nye ejerskab vil styrke Østergaard Entreprise og understøtte virksomhedens position som markedsleder i et marked med store vækstmuligheder.

Ostergaard pipes installation

When entering a transaction process, it is essential to have an adviser who proactively handles everything from the preliminary phase to that last negotiation and who understands how to coordinate all involved parties. I have worked with Clearwater before, and once again, the team has shown how a professional, yet welcoming approach creates the best results. The team has been able to familiarise themselves with the business almost better than us and has highlighted Østergaard’s important role and future potential within the green transition. Not least, we have appreciated Clearwater’s deep knowledge and network within potential investors. I look forward to the partnership with Dansk Ejerkapital and the possibilities that lie ahead of us.

Niels Erik Hedeager, Chairman of the Board, Østergaard Entreprise
Ostergaard pipes installation

Central heating plays an essential role in the transition of energy supply and infrastructure to sustainable sources, both in Denmark and internationally. In Denmark, we have built broad experience and businesses with strong competencies in this sector. Østergaard Entreprise is a good example of a business that has developed and adapted its services to meet growing market demand and is standing strong in contributing to the green transition.

Lars Rau Jacobsen, Partner, Clearwater

Advisers

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