Axcel I

Axcel Management, founded in 1994 in Copenhagen, Denmark, is a private equity firm that specializes in investing in mid-market companies. The firm targets a diverse range of sectors, including industrials, business services, consumer goods, healthcare, and technology. With a strong base of both Danish and international investors, Axcel has successfully raised multiple funds, accumulating approximately DKK 10 billion in committed capital. Over the years, the firm has made 45 investments and completed over 80 significant bolt-on acquisitions, emphasizing its commitment to fostering growth within its portfolio companies.

Past deals in Denmark

Prodata

Acquisition in 2021
ProData Consult A/S is an IT consulting firm that offers a range of information technology services to businesses across Denmark, Norway, Sweden, Poland, Germany, and the Netherlands. Founded in 1994 and headquartered in Hvidovre, Denmark, the company specializes in providing expert consultancy to help organizations optimize their IT strategies and operations. Through its extensive experience in the field, ProData aims to support clients in achieving their business objectives by enhancing their technological capabilities.

TeamVikaren

Acquisition in 2020
TeamVikaren operates as a temporary staffing agency.

Moment

Acquisition in 2020
Moment is an recruitment agency that provides jobs in finance, IT, customer service, warehousing & logistics.

Protemp

Acquisition in 2020
Protemp provides recruitment and temporary staffing solutions.

SuperOffice

Acquisition in 2020
SuperOffice is a European provider of customer relationship management (CRM) solutions, established in 1990 by Une Amundsen. The company specializes in serving the professional business-to-business market and offers a comprehensive CRM platform that includes sales and marketing tools, ticket management, and intelligent customer service features such as auto-replies and reply templates. SuperOffice's solutions are implemented through its subsidiaries, distributors, and value-added resellers across multiple countries, including Norway, Sweden, Finland, Denmark, Germany, the UK, and the USA. With a client base of over 12,000 European companies, SuperOffice emphasizes the importance of strong customer relationships, leveraging integrations, customizations, and automation to enhance productivity and create positive customer experiences. Additionally, the company provides consulting services related to strategic CRM implementation and user education.

SteelSeries

Acquisition in 2019
SteelSeries makes high performance gaming gear used by the most demanding, professional gamers worldwide and peripherals that provide superior quality and a competitive edge to gamers of all skill levels. What originally began with two people who recognized the need for superior, high-quality/performance gaming gear that would give gamers a competitive edge, has grown into a global leader in gaming and entertainment gear sought after for their high performance capabilities. Fast-forward to today, and they’ve come a long way since their first glass mousepad. They have global offices in North America, Europe, and Asia, providing an integrated portfolio of products designed specifically for gaming. Fueling Their growth is you, the gamer. While they are proud of Their technology and product innovation, They are even more excited about how these products are developed to meet the needs of gamers. Many companies may claim to develop superior gaming products but few actually do. Instead, they spend countless hours with lab engineers trying to force fit a new technology with bells and whistles and mediocre functionality for the end-user. At SteelSeries, they develop their products with a small internal team and a vast network of technology partners, channel partners, game publishers, and gaming communities around the globe. They aren’t afraid of being challenged and implementing new ideas. Their main goal is to always to listen to the collective feedback of Their professional gaming community. They won’t bore you with cheeky slogans, trying to underline their authenticity as gamers. They fully acknowledge that the best professional gamers in the world know more about what they want and what will make them better, than they do. They are proud to be working with their partners, but They can’t take credit for their invaluable input and feedback. Instead They tell it like it is: they help us. They want to know what works and what doesn’t. For this reason, SteelSeries creates innovative solutions that provide a competitive advantage for all gamers. Critical to their company’s success is also their reinvestment in the gaming communities and the individuals who support them. As a result, their corporate philosophy is to take a substantial portion of their revenue and put it back into the gaming community to help spur industry growth. They support their community in numerous ways, ranging from co-hosting tournaments like Iron Lady and King of the Hill, and supporting gaming competitions of all sizes, to promoting the top and up-and-coming gaming teams/organizations. Put simply, SteelSeries does not claim to invent or reinvent the gaming industry. Nor do they focus on one specific product, copy other companies or follow the crowd.

Phase One Geospatial

Acquisition in 2019
Phase One is the world’s leader in open-platform based medium format camera systems and solutions. Phase One medium format cameras, digital backs and lenses are designed to deliver superior quality image capture and investment value. Phase One’s Capture One software helps streamline capture and post-production processes for both medium format and DSLR cameras. Phase One products are known for their quality, flexibility and speed enabling pro photographers shooting in a wide range of formats to achieve their creative visions without compromise. Phase One is an employee-owned company based in Copenhagen with offices in New York, London, Tokyo, Cologne and Shanghai. Phase One and Capture One are a registered trademarks of Phase One A/S. All other brand or product names are trademarks or registered trademarks of their respective holders.

GUBI

Acquisition in 2018
GUBI designs furniture, lamps and interior products sold to consumers through leading retailers worldwide and its own webshop, as well as to offices, hotels and restaurants through the professional market. The business was founded in 1967 by current owner Jacob “Gubi” Olsen’s parents, Lisbeth and Gubi Olsen.

SFK Leblanc

Acquisition in 2016
SFK LEBLANC designs, manufactures, and supplies slaughter lines, cutting and deboning lines, and logistics solutions for the food industry. It offers pig and cattle slaughter solutions; pork and cattle cutting, deboning, and packaging solutions; and related spare parts.

Lessor Group

Acquisition in 2016
Lessor Group is a provider of payroll and human capital management (HCM) software solutions. Founded by the Fich family in 1972 and led by CEO Henrik Fich, Lessor Group provides small, medium-sized and large companies with IT solutions for payroll, time and attendance, shift scheduling and HR. Today, more than 45,000 Danish and 1,500 international companies use the Group’s solutions.

Silkeborg Data

Acquisition in 2015
Silkeborg Data A/S develops payroll and staff administration systems for the public sector.

Conscia

Acquisition in 2015
Conscia supplies IT infrastructure solutions and 24/7 network, data center, and mobility support.

EG A/S

Acquisition in 2013
EG A/S provides IT solutions in Denmark and internationally. The company provides consultancy and programming services. It also develops knowledge based solutions in the form of administrative case work tools for Danish local authorities. The company’s ERP systems include Dynamics AX, Dynamics NAV, Dynamics C5, XAL, Infor M3 (Movex), ASPECT4, and SAP. In addition, it provides business consulting services on business intelligence, budgeting and consolidation, CRM, mobile solutions, organization development, portals and document management, process optimization, and business analytics; and public administration, citizen service, and case management solutions.

Cimbria

Acquisition in 2011
Cimbria, a Thisted, Denmark-based manufacturer of equipment for handling and processing of grain and seed products. Cimbria designs, develops, manufactures and installs custom-built solutions such as single machines, complete processing lines and large turnkey projects with advanced automation and management information systems for the different types of crop treatment – as well as the treatment of powders and granules.

Junckers

Acquisition in 2004
F. Junckers Industrier A/S, based in Køge, Denmark, specializes in the manufacture and sale of solid wood flooring products across multiple global markets, including Europe, North America, South America, Asia, the Middle East, and Africa. The company offers a diverse range of flooring solutions tailored for sports, dance, residential, and commercial applications, including various styles such as hardwood strips, herringbone, and parquet floors. Additionally, Junckers provides wood care products, including lacquers, oils, and cleaners, along with related services to support clients throughout their projects. Founded in 1930, Junckers serves a broad customer base that includes individuals, businesses, and sports facilities.

Kwintet

Private Equity Round in 1999
Kwintet is a manufacturer of workwear, corporate wear and personal protective equipment.
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