Transaction

Kreativa sold to Læringsverkstedet

Transaction

Kreativa sold to Læringsverkstedet

Sell-side

Undisclosed

Role

Adviser to Kreativa on its sale to Læringsverkstedet

Sector

Business Services

Region

Sweden

Clearwater has advised Kreativa on its sale to Læringsverkstedet.

Through the sale, Læringsverkstedet has acquired privately owned school group Kreativa who runs Norrvikens Skola, Norra Strandskolan, Flottiljens Skola and Förskola, Capellaskolan and Täby Park Förskola. The acquisition is in line with Læringsverkstedet’s long term growth strategy and ambition to develop and operate the best pre-schools and schools in Europe, where all children are seen and are made to feel valuable.

Kreativa is a well-regarded group that operates six pre-schools and schools in the Stockholm region. Since 2008, Kreativa has successfully operated high quality, inclusive and result oriented schools, with an overall objective to provide world class education. The previous owners have also created a highly-rated catering business with a focus on tasty and nutritious food, contributing to the health, creativity and motivation of the children.

Kreativa’s turnover in 2018 was approximately €14.6m (SEK 150m). There are nearly 900 children and 200 employees within the organisation.

Læringsverkstedet is Norway’s largest privately owned pre-school group and the only nationwide group in Norway that is owned by two teachers. The organisation has close to 6,500 employees, 25,000 children spread over 200 pre-schools in Norway, 70 pre-schools and schools in Sweden. Since Læringsverkstedet made its first acquisition in Sweden in August 2018, several businesses have been acquired: Helianthus, Inspira, Palmlunds, Kubikskolan, Fyrklövern and Kreavita. Together, these will operate under the name DIBBER in Sweden.

Kreavita

We have created an organisation of successful and popular pre-schools and schools that we are proud of. So it feels great having such a large and prestigious owner showing interest in Kreativa.

Magnus Bergström, former CEO and owner.
Kreavita

Just like us, they’re a family owned business which feels very positive. Having Læringsverkstedet on-board provides assurance that the children, students and employees will continue to thrive in a secure and stable environment.

Patrik Landelius, former CFO and owner

Kreativa is a successful and prominent educational group in the Stockholm area. Its educational model encourages children and students’ development, both socially and academically. Læringsverkstedet’s long term strategy and educational model will be ideal for further development, making sure the children have a bright future ahead of them.

David Hammarström, Associate, Clearwater

Advisers

Transactions