Waterland Private Equity acquires climate-friendly energy company Modstrøm Danmark

Waterland Private Equity is acquiring climate-friendly electrical supplier Modstrøm Danmark a year after Modstrøm’s revenue was $40.84m and its operating profit increased by 47% to $4.77m. The deal will see Waterland become a majority shareholder in Danish Modstrøm. Modstrøm founder and CEO Anders Millgaard will continue in this role, while the other current shareholders leave …