Go to deals
Business Support Services | Construction & Engineering Services | Private Equity

OKNygaard has been acquired by idverde

October 2020 — The shareholders of OKNygaard have sold the company to idverde.

OKNygaard was founded in 2013 as a merger of two well-established landscaping companies, Bent Nygaard Anlæg and OK Grøn Anlæg. Since then, OKNygaard has effectively executed an ambitious growth strategy and has grown into a leading nationwide landscaping company, serving more than 90% of Danish municipalities. The company offers services within four main categories: grounds maintenance, landscaping, climate adaptation and winter services. Customers include private and public companies, housing associations, institutions and organizations, with local and nationwide presence. OKNygaard has a total of 11 locations strategically situated across Jutland, Zealand and Funen.

idverde is Europe’s largest provider of grounds maintenance and landscape construction services, with an annual turnover of US$825 million and 7,000 employees. The group operates in France, the UK, Netherlands and Denmark. It is owned by its management team alongside Core Equity Holdings, a Belgium-based private equity firm.

Our role in the transaction

Oaklins’ team in Denmark acted as strategic and financial advisors to the owners of OKNygaard A/S. The team in Belgium supported the transaction.

Parties
“Being a founder 30 years ago, I never imagined we could create a sizeable company like OKNygaard. The sale to idverde is a win-win situation, giving us a unique opportunity to accelerate our growth journey as part of Europe’s leading landscaping company, while strengthening idverde’s presence in Denmark significantly. Oaklins’ seamless execution throughout the process was absolutely essential for the outcome.”

Ole Kjærgaard

CEO and Owner, OKNygaard

Talk to the deal team

Kim Harpøth Jespersen

Managing Partner
Copenhagen, Denmark
Oaklins Beierholm

Bart Delusinne

Managing Director
Brussels, Belgium
Oaklins KBC Securities

Nicolai Audon

Director
Copenhagen, Denmark
Oaklins Beierholm

Related deals

Terhills Resort by Center Parcs has been acquired by TwentyTwo Real Estate
Private Equity | Consumer & Retail | Real Estate

Terhills Resort by Center Parcs has been acquired by TwentyTwo Real Estate

Terhills Resort, a premium resort in Belgium combining luxury and nature located near Hoge Kempen National Park and operated by Center Parcs, has been sold by venture capitalist LRM to TwentyTwo Real Estate, an independent real estate investor and operator. Both the real estate and the operations were included in the transaction, and Center Parcs is staying on board as an operational partner.

Learn more
OEP Danzig BidCo has completed a mandatory tender offer for the shares of Digital Value
Private Equity | TMT

OEP Danzig BidCo has completed a mandatory tender offer for the shares of Digital Value

OEP Danzig BidCo S.p.A. has completed a mandatory tender offer for the shares of Digital Value S.p.A.

Learn more
Bolster Investment Partners has secured debt financing for the acquisition of Royal Taste Company
Private Equity | Food & Beverage

Bolster Investment Partners has secured debt financing for the acquisition of Royal Taste Company

Bolster Investment Partners has partnered with Royal Taste Company, a leading Dutch custom signature coffee platform offering end-to-end sourcing, blending, roasting, packaging and delivery services. The partnership marks an important next step in Royal Taste Company’s growth trajectory, focused on further geographical expansion, commercial development and selective strategic acquisitions.

Learn more