CASA, founded ten years ago, had a turnover in excess of DKK 1 billion in 2015 and has produced an average annual growth of 55 percent since 2012.

CataCap will contribute to CASA’s continued growth by strengthening the organisation and its ability to handle an increasing amount of larger orders. Founders Michael Mortensen, Per Hansen and Peter Rosengreen will continue in the management team and maintain a significant minority share in the firm.

CASA develops, builds and renovates residential buildings, office and commercial properties, shopping centers and public sector buildings across Denmark. In 2015, CASA reached a turnover of DKK 1.1 billion and DKK 86 million in earnings before tax. Also in 2015, they won the EY Entrepreneur of the Year award in Denmark. The firm’s growth is driven primarily by its scalable business model, ability to develop, finance and execute new projects as well as strong construction management competences, which ensure that projects are delivered at the agreed quality, time and budget.

”CASA has a unique business model acting as both construction manager and general contractor while the actual construction work is fully outsourced. This means that CASA can adjust continuously to market conditions as the firm is able to quickly scale up and down. CASA further differentiates itself by conceiving and developing projects across Denmark in collaboration with Danish and international investors,” says Vilhelm Hahn-Petersen, Partner in CataCap and continues:

“We have great confidence in both management and the employees at CASA. They combine new ways of thinking with many years of experience from the construction industry. We look forward to building on their impressive results.”

”We have grown a lot at a very high pace over the last few years. At the moment, we are primarily limited by our ability to scale CASA in order to handle the increasing number of projects. We are, therefore, very happy to team up with a partner who can help us taking the business to the next step while continuing to deliver high-quality projects to clients and investors,” says Michael Mortensen, Executive Chairman of the Board and Founder of CASA.

Michael Mortensen will continue in the management team as CEO together with CFO Per Hansen and COO Peter Rosengreen. Over the next couple of months, a new external Board of Directors will be appointed.