Bech-Bruun advises Odin Equity Partners in connection with the acquisition of SSG A/S
The private equity fund, Odin Equity Partners, acquires SSG A/S, a leading specialist in the Danish market within damage control, industrial and property services with turnover of just under half a billion Danish kroner in 2011.
In connection with the acquisition, SSG A/S's management team will make a reinvestment to the effect that the management team will end up owning 35% of SSG A/S.
In connection with the transaction, Bech-Bruun has performed due diligence as well as prepared and negotiated several transaction documents.
Niels Kornerup, Partner, and Anders Rubinstein, Associate, both specialising in business transfers, have been the primary advisers on the transaction.
The selling shareholders are Maj Invest Equity and several employees of SSG A/S.
The completion of the transaction is subject to approval by the Danish competition authorities, and closing is expected to take place at the end of June 2012.
The purchase price has not been disclosed.