Clearwater International Denmark advises KAAI on its sale to Norconsult

Clearwater International Denmark acted as financial adviser to the owners of Kærsgaard & Andersen A/S (KAAI), a full-service consultancy, on its sale to Norconsult, a leading multidisciplinary consultancy firm in the Nordic region.

KAAI offers full-service advisory to property owners, which includes in-house architecture, engineering, project management and construction management services. With offices in Aalborg and Aarhus, KAAI delivers solutions related to new build, renovation and transformation projects.

The Clearwater International team consisted of Partner Jakob Tolstrup Kristensen supported by Director Jesper Agerholm and Associate Jesper Pedersen.

“We are delighted to become part of Norconsult, its reputation for professional competence and a strong company culture compliments our own values. This partnership enables us to cater more broadly for our clients going forward thereby also enabling us to strengthen our clients’ development in the future.

Thanks to the Clearwater team for the dedicated support throughout this process. Their strong track record in the consultancy sector and knowledge of and direct access to top management at all potential buyers, made Clearwater an outstanding adviser. They provided us with invaluable M&A guidance and were crucial in achieving this great result.”

Jens Kærsgaard, Partner and CEO, KAAI

”This marks our third transaction in  the consultancy sector in less than two years, having previously advised on the sales of aarhus arkitekterne and Årstiderne Arkitekter. This transaction confirms the current Nordic consolidation trend in a market characterised by even larger and more complex projects, where clients are increasingly demanding integrated architectural and engineering solutions.”

Jakob Tolstrup Kristensen, Partner, Clearwater International