Lakers Group

Lakers Group

Lakers Group is a leading North European aftermarket service, project and specialist product provider of water and wastewater pumps, which serve as key components for transportation of water in the water infrastructure. Lakers Group consists of 25 cohesive companies in Norway, Sweden, Denmark, Finland, Germany and the United Kingdom. The oldest company in Lakers Group was founded in 1937. Lakers Group has an attractive business model with a high degree of specialisation, 95% repeating revenue from a diversified base of over 40,000 customers and strong cash flow generation driven by limited investment needs in combination with solid profitability.

The overall service market for water and wastewater infrastructure is growing rapidly with megatrends such as aging water infrastructure, more extreme and changing weather conditions, urbanisation and favourable regulatory changes. The Lakers Group's addressable market size is estimated at approximately NOK 25 billion and is expected to grow by 4-5% per year.

Lakers Group has over 400 employees and is headquartered in Oslo.

www.lakersgroup.com

Companies within the Lakers Group

Denmark

Electro Performance

Norway
Oslo
Services

Vestum's process

Identifiering

Identifying

We strive to engage in continuous discussions with interesting acquisition candidates, both directly and through advisers. In total, we evaluate more than 100 companies each year.

Utvärdering

Evaluation

Vestum evaluates potential acquisitions based on a number of parameters to create a deeper understanding of the company’s business model, risks, market position, competitive landscape, financial history and prospects, as well as the continued commitment of key personnel. During the evaluation process, Vestum formulates a value-creation hypothesis for how we can help drive profitable growth.

Genomförande

Implementation

During the implementation phase, Vestum conducts a commercial, legal and financial screening of the target company, followed by negotiations and signing of the agreement.

Uppföljning

Follow-up

After the acquisition has been completed, a plan is developed for how the business can best be incorporated into the Group to maximize the benefits of being part of Vestum. In addition to working together on strategic issues that arise, the acquired company's management maintains a continuous dialogue with the Group management. The focus of day-to-day management is on growth, profitability and working capital.