Alpha Corporate Finance advised Erichsen & Horgen and its shareholders in the sale of Erichsen & Horgen to Multiconsult.
Erichsen & Horgen is a leading specialist engineering consultancy within building services in Norway. The company has an especially strong position within health facilities and laboratories, and has a significant order backlog in this area. In 2020, revenues and EBIT were EURm 32 and EURm 3, respectively. The EV in the transaction was EURm 39. According to Grethe Bergly, CEO of Multiconsult, this strategic acquisition is a milestone in Multiconsult’s mission to provide solutions to our clients for the most complex projects and constructions in line with tomorrow’s demands regarding environmental and innovative sustainable solutions.