P.P. Brolægning combines high quality craftsmanship with strong social responsibility and has in recent years undergone impressive growth. The ambition is for P.P. Brolægning to continue its organic growth with an increased focus on, among other things, main contracts for municipalities and further develop its position as a preferred partner in the area, which is distinguished by high quality craftsmanship and documented social responsibility. At the same time, the opportunities are being explored to invest in other strong players in paving and construction – for the benefit of an increasing number of employees, municipalities and partners.
The Danish construction industry is facing an acute shortage of skilled labour, while many young people and adults on the edge of the labour market lack a stable path into a professional community. Over many years, P.P. Brolægning has built a culture where people in vulnerable positions team up with the company’s experienced paving and construction workers and get access to professional development and permanent employment.
”P.P. Brolægning is experiencing impressive growth and is also characterised by strong craftsmanship and social responsibility as an integral part of its business model. We see a good potential for us to develop the company even further together for the benefit of more employees and so that even more municipalities and partners have access to high-quality craftsmanship ” says managing partner Lars Jannick Johansen from Den Sociale Kapitalfond Invest.
Owner-manager Kasper Thomsen will continue in his role as CEO and co-owner after the investment and is pleased with the partnership and the opportunities it provides for P.P. Brolægning in the future:
“With Den Sociale Kapitalfond Invest II as co-owner, we get a partner who shares our ambition of craftsmanship of the highest quality, of continued growth and of being a workplace where there is room for people with different backgrounds and prerequisites,” says Kasper Thomsen, CEO of P.P. Brolægning.
Den Sociale Kapitalfond Invest II will take over 55 per cent of the shares, while Kasper Thomsen will own 40 per cent in the joint company in the future. In addition, 5 per cent of the shares are reserved for the Board of Directors and key employees.
Schjødt and EY have advised Den Sociale Kapitalfond Invest II in connection with the investment, while DealHaus IMAP and DLA Piper have advised Kasper Thomsen.
The parties agree not to disclose the transaction price.
