Sundby Rengørings Service has been providing property services in the Copenhagen area for 32 years.

The couple behind Sundby Rengørings Service ApS, Jimmi and Danielle Hansen, want to prioritize other activities, which is why they have sold their well-run business.

The buyer is TipTop Ejendomsservice ApS. Behind the Danish buyer is a Finnish listed group PHM Group OY, which is the parent company of TipTop Ejendomsservice.

John Klindt and Klaus Termansen have been advisors to Sundby Rengørings Service throughout the sales process. This gives Business Broker up-to-date overview of companies that are interested in acquiring cleaning and service companies.

Advisor in selling a cleaning business

The Hansens' life's work has been sold at an attractive price for two main reasons, says John Klindt.

"Danielle and Jimmi Hansen have run a healthy business with good customer service and a steadily increasing turnover for many years. For that reason alone, several potential buyer candidates have shown interest."

Furthermore, market trends are a key reason why the deal was made with a Danish company backed by a financially strong foreign company.

"There are many smaller players in the Danish cleaning and service market - a market that has grown year on year. International players are good at spotting growth. Therefore, it's only natural that consolidation and internationalization are now taking place," explains John Klindt.

generational succession cleaning companies

With the acquisition of Sundby Rengørings Service, PHM Group gains a larger share of the Danish market. In addition, TipTop Ejendomsservice gains know-how and capacity.

Danielle Hansen has no doubt that TipTop Ejendomsservice is the right match for Sundby Rengørings Service.

"We can see ourselves in TipTop Real Estate Services' management, just in a younger version. They have the same energy and drive as us, and the company is similar to ours in many ways. Therefore, we are convinced that our employees will continue to go to work happily as part of a larger workplace," emphasizes Danielle Hansen.

Professional business brokers with personal insights

Danielle and Jimmi Hansen are both in their 50s. Finding the right business sales experts was important to them when they decided to no longer run Sundby Rengørings Service, which they have put countless hours of work into together over the past decades.

"It was a huge decision to sell. In many ways, our company is like a child to us. We found that Business Brokers understood this right from the start and handled it very well throughout the process, while acting professionally and strategically on our behalf in the sales process," says Danielle Hansen.

She particularly appreciated John Klindt and Klaus Termansen's efforts during due diligence as negotiations entered their final phase.

"If we hadn't had Business Broker, we would have been completely overwhelmed by the sheer volume of questions the buyer wanted answered. Klaus and John made sure that didn't happen," says the now former co-owner of the cleaning company in Amager.

due diligence advice

Business Brokers recognize the picture that due diligence can play a significant role in generational succession when the buyer has its own legal department and the seller is a small business.

"It requires a special effort in brokerage work when the buyer comes with a large warranty catalog that the seller may find it difficult to document that they match. In this case, we assisted the seller in balancing the buyer's requirements at a level that matches the size of Sundby Rengørings Service," says Klaus Termansen.

Danielle and Jimmi Hansen continue at TipTop Ejendomsservice as consultants. They both look forward to freeing up time for their families.

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