DreistStorgaard has advised the owners of Brandgruppen ApS in connection with the merger with American Jensen Hughes.
Brandgruppen is a consulting engineering company specializing in certified fire consulting, and is one of Denmark’s leading companies in this area.
Jensen Hughes, headquartered in Maryland, USA, is the absolute largest and leading consultant in the USA, Europe and the rest of the world within fire safety of all types of construction, construction projects and warehouses, etc. Jensen Hughes consists of over 1,500 specialists who work with fire safety and projects in over 100 different countries and are associated with over 300 professional committees within fire safety.
Thomas Schleidt, Allan Anton Hansen and Nicholas Lavard Brogaard established Brandgruppen in 2021, and thus already become part of the world’s largest company in this industry. Thomas Schleidt says of the transaction:
“Becoming part of Jensen Hughes contributes to even more ongoing development of our fire technical qualifications and knowledge. This gives us both the opportunity to raise the professional level in Denmark and an even greater basis for creating value for our strong, permanent and future customer relationships in Denmark”.
Allan, Thomas and Nicholas agree about the collaboration with DreistStorgaard:
“We have received really competent assistance from DreistStorgaard’s team. They have helped us navigate such a cross-border M&A transaction, where a large American company naturally has its own way of doing things. Quick reactions and a commercial attitude have made us feel completely safe”.
Client partner at DreistStorgaard is Svend-Aage Dreist Hansen and the team that has worked on the case also includes partner Nikolaj Juhl Hansen as well as Casper Simonsen and Christina Egevang. Svend-Aage Dreist Hansen says:
“We enjoyed working with the three partners in the Brand Group. Impressive to become part of the world’s largest in the market after being in business for less than 2 years. I definitely believe that Brandgruppen and Jensen Hughes will be very successful in Denmark. Thanks to the team for a great effort.”
The hallways at DreistStorgaard’s M&A team are currently busy. Nikolaj Juhl Hansen, who at DreistStorgaard works a lot with cross-border cases, says:
“We cannot sense any kind of slowdown in the mid-market M&A segment at all. These are companies with perhaps a little less complexity than in the larger deals, and there is a high demand for them. We have a number of customers who are in the process of foreign buyers, so the level of activity is high. Jensen Hughes is supported by the American capital fund Gryphon Investors, and this is another trend we see; that the capital funds are very active in add-on transactions via their portfolio companies.“
You can see DreistStorgaard’s news about advice in other M&A in 2023 here .
Jensen Hughes was advised by the American law firm Nelson Mullins and Gorrissen Federspiel. Addere Revision advised Brandgruppen’s owners and financial advisor for Jensen Hughes was RSM. DreistStorgaard thanks everyone for a good and smooth collaboration.
You can read Jensen Hughes and Brandgruppen’s announcements of the transaction here .