Clearwater International acted as financial advisor to the owners of Linka Energy A/S (Linka), on the majority sale to private equity firm, VIA equity. CEO Brian Pedersen and other key employees will continue to be significant shareholders in Linka.
Linka is a design, manufacturing, and installation service company within the renewable energy solutions market for agricultural, industrial and district heating sectors. The company specialises in hot water and steam plants.
Linka is a market leader in Northern Europe within 1-10 MW biomass plants. UK and Scandinavia are its primary markets and the business has delivered more than 3,500 plants on a global scale.
The Clearwater International team was led by Associate Partner Carsten Rydahl and Partner John Jensen, supported by Senior Associate Klaus Hansted.
“From the outset, it was apparent that the Clearwater team has extensive knowledge of the energy sector, with an in-depth understanding of value drivers, big players in the market and strong relations with potential buyers. Their experiences from previous transactions in the sector, combined with strong analytical skills meant that Clearwater provided highly satisfying advisory along with excellent market intelligence – not only for me as owner, but also for the potential acquirers. Throughout the process, the focus has been to find the right partner for Linka and not just getting the deal closed – With VIA Equity we have found the right partner for leveraging the full potential of Linka.”
Brian Pedersen, CEO, Linka Energy
“We are proud to have advised the owners of Linka Energy – a strong business that holds a very significant position in the international 1-10 MW biomass plant market. This transaction marks our 5th deal within 12 months in the renewable energy sector – a sector that is experiencing tremendous growth. We foresee multiple options for consolidation and strategic opportunities.”
Carsten Rydahl, Associate Partner, Clearwater International