Transaction

KANT arkitekter sold to Sweco

Transaction

KANT arkitekter sold to Sweco

Sell-side

Undisclosed

Role

Adviser to KANT arkitekter on its sale to Sweco

Sector

Business Services

Region

Denmark

Clearwater has advised KANT arkitekter A/S (KANT), a full-service architectural company, on its sale to Sweco Denmark, owned by listed Swedish engineering and architecture consultancy Sweco AB.

KANT is a full-service architectural company offering new build, renovation and transformation consulting services across all project phases within education, social housing and private housing developments. The company, founded in 1977, has 85 employees and has shown impressive financial performance with high historical revenue growth.

Nasdaq Stockholm-listed Sweco is the largest engineering and architectural firm in Europe, the acquisition is part of Sweco’s growth strategy with the aim of holding a leading position in all home markets over the long term. With this transaction Sweco Denmark will have a turnover of €182m (DKK 1.36bn) with 11 offices and 1,250 employees.

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I had imagined that such a process would be constantly nerve-wracking with tough negotiations, but the Clearwater team succeeded in creating a constructive process where, in combination with negotiating terms, we also started the integration of our two companies. Throughout the process, the team kept us well-informed and by having them by our side, we continuously knew how and when to proceed in the sale process, allowing us to optimise our resource spend

Uffe Bay-Smidt, Arkitekt MAA, bygningskonstruktør / Partner, KANT arkitekter
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We are delighted to have been advised by Clearwater. Our collaboration has run impeccably and throughout the process we felt reassured that everything that needed handling was being taken care of. We knew we were looking for a long-term partner and because of that it was important that the team could fight our corner during the negotiations - not that there were any tough negotiations but that might just be because we had the Clearwater team running the process.

Anders Bay Holm, Arkitekt MAA / Partner, KANT arkitekter

Over the years, KANT arkitekter has developed a leading platform within the attractive education and social housing segments and has also headed up the development of strategic partnerships, a new form of cooperation, which has proven very successful. By joining Sweco, clients and employees will benefit from a broader set of expertise and capabilities as well as international experience. The transaction underlines the ongoing consolidation in the consultancy sector driven by a belief in the strength of offering fully integrated solutions. Clearwater has been very active in this segment and has now advised on six transactions in the past three years.

Jakob Tolstrup Kristensen, Partner, Clearwater

Advisers

Transactions