Dedicare completes acquisition of Denmark’s Hyldgaard & Larsen, Sustina for DKK 69.3 million
XLV•Consideration and earn-out
Initial consideration totals about DKK 69.3 million, split between DKK 52.8 million in cash and DKK 16.5 million in newly issued Dedicare B shares.
An earn-out tied to results through Dec. 31, 2029 could lift estimated total consideration to about DKK 105.6 million.
Business scale of the targets
The targets generated about DKK 230 million revenue in 2025, with about 325 employees.
Acquisition details and strategic fit
Dedicare agreed to buy Denmark-based Hyldgaard & Larsen and Sustina, expanding into specialized social care, housing solutions, and support services.
The deal takes financial effect on July 1, 2026, with closing set for July 15, 2026.
