Clearwater International acted as exclusive financial advisor in the structured sale process of EnviDan Gruppen which saw ATP-owned private equity group Via Venture Partners, together with the management team and a number of key employees, acquire 100% of the shares in EnviDan Gruppen.
Founded in 1995 by Simon Boel, Jan Tryk and Søren Brønd, EnviDan Gruppen is an environmental company specialising in innovative solutions to climate change, wastewater treatment and handling, water resources, water supply and biogas.Today, the company employs 175 people in four offices across Denmark and a smaller branch in Sweden.
“We have been looking for a solution for the required generation shift and with Via Venture Partners as a new shareholder, we have solved that challenge and at the same time been provided with the knowledge and capital that can bring us forward.”
Morten Fjerbæk, CEO of Envidan
“We are convinced that EnviDan is a good investment. The company has healthy financials, a broad and very interesting group of customers and great technical knowledge, which serves as a foundation to take EnviDan to the next level. During the process, we have spoken with many industry insiders and we have found that there is a clear demand both for EnviDan’s knowledge and customer approach. Based on its specific industry knowledge, EnviDan has developed a range of value-add IT solutions for utility companies. With our extensive experience of developing software companies, we believe we can assist EnviDan to fulfill the great potential in this area.”
Jakob Rybak-Andersen, Investments Partner at Via Venture Partners