Alantra advises BWB Partners and SH Group on a partnership with Mentha Capital

Sep 2024

Sell-side advisory

Copenhagen – Alantra has acted as financial advisor to BWB Partners and its portfolio company SH Group (SHG), a global leader in the development of complex smart handling solutions for the Maritime and Defense industries, on SHG’s sale to Mentha Capital, an independent private equity firm active at the lower end of the mid-market.

Founded and headquartered in Svendborg, Denmark, SHG is a leading global developer and service partner of complex handling solutions for the Maritime and Defense industries. With over 400 employees and full in-house engineering and production capabilities, SHG delivers high-quality solutions that meet the high standards of its blue-chip customer base and demanding end markets worldwide.

The company’s executive team, led by Kaare Vang Jensen, Mikkel Obling, and Rene Bertelsen, will continue to steer SHG through the next chapter. They are confident in the significant growth potential of SHG and enthusiastic about the new partnership, stating: “We are thrilled to embark on this journey with Mentha. With the support of Mentha, we will continue to attract and retain top talent in our workforce, further develop our core solutions, and accelerate organic growth to achieve our ambitious strategic goals.”

As an active partner, Mentha is well-positioned to support SHG’s growth with its team of investment professionals based in Amsterdam, Antwerp, and Copenhagen. Together, SHG and Mentha aim to further solidify SHG’s position as a global leader in complex smart handling solutions for the Maritime and Defense industries.

Jacob Østergaard Bergenholtz, Partner at Mentha Denmark, adds: “We see tremendous value in SHG’s culture and their drive to innovate. The management team has ambitious plans to scale the business, and Mentha is committed to supporting them in achieving their goals.”

Sebastian Hougaard, Managing Partner at Alantra, added: “We’re happy to have played a part in facilitating this partnership between SH Group and Mentha Capital. We’re confident that Mentha’s support in this new phase of SH Group’s growth will allow the company to accelerate its expansion and strengthen its global footprint.”

This transaction underscores Alantra’s expertise in delivering tailored financial advisory services to companies in the defense industry and enabling industry leaders like SH Group to secure strategic partnerships that will foster long-term growth and innovation.