Clearwater International acted as sole financial adviser to the shareholders of aarhus arkitekterne, on the sale of 100% share capital to Swedish LINK arkitektur, backed by listed Norwegian multidisciplinary engineering and design consulting company, Multiconsult.
Established in 1909, aarhus arkitekterne is an award-winning architect company with a strong track-record in large-scale projects. The company specialises in architecture, design, planning and consulting in all stages, from concept development to construction management and technical oversight, and has become a market leader in healthcare construction. aarhus arkiterne has shown strong historical growth rates with CAGR in net revenue of +14.2% over the last 5 years.
LINK arkitektur is one of the leading architectural companies in Scandinavia and in addition to construction architecture, the company also has wide expertise in planning, landscaping, interiors and the maritime/offshore sector. With the acquisition of aarhus arkitekterne, LINK arkitektur will be one of the largest architecture and integrated design companies in Scandinavia with significant presence in Norway, Sweden and Denmark with approximately 450 employees.
The Clearwater International team was led by Partner Søren Nørbjerg with support from Associate Director Jesper Agerholm.
Christian Nørgaard Madsen, CEO, Multiconsultant said: “We view aarhus arkitekterne as a very attractive architectural group. We believe that they will further strengthen LINK arkitektur’s architectural competence as well as empower the Multiconsult group with expertise within health buildings, urban design and execution of large and complex projects. As a group, we have a clear ambition to establish a leading position within health buildings and urbanism in Scandinavia. aarhus arkitekterne will be an important contributor towards realising this ambition.”