Maj Invest Equity

Maj Invest Equity is a prominent asset management firm based in Denmark, specializing in investments in small to mid-sized companies across various global regions, including the Middle East, Africa, Europe, Latin America, and Asia. Established in 2005, it operates as part of the Maj Invest group, which is owned by employees, management, and Danish institutional investors. The firm focuses on two main business areas: Asset Management and Private Equity. In Asset Management, it provides strategic asset allocation advice and manages securities for institutional clients, while also offering wealth management services to affluent individuals and corporations. In its Private Equity division, Maj Invest Equity advises funds on investments in unlisted equities both domestically and internationally, with specific activities in Vietnam, including sectors such as microfinance, energy, and fertilizers. Additionally, the firm manages private equity portfolios and offers discretionary investment advisory services to clients.

Mads Andersen

Partner

Peter Busk

Head of Investor Relations and Markets

Klaus Falkesen

Investment Manager

Marc Ferrigno

Associate

Joachim Gundelach

Associate

Birgitte Skou Holck-Andersen

Investment Manager

Erik Preben Holm

Managing Partner

Carsten Høegh

Head of Investor Relations

Per Høholt

Partner

Jacob Dyhr Jensen

Investment Manager

Tyge Korsgaard

Senior Investment Manager

Kasper Skovgaard Kristensen

Director

Henrik Parkhoi

Managing Director

Kristoffer Møller Pedersen

Investment Manager

Kristoffer Møller Pederson

Associate

Niels Retbøll

Partner

Thomas Riis

Partner

Kasper Svarrer

Managing Partner, Financial Infrastructure

Niels Toft

Partner

Søren Holm Tøth

Director

22 past transactions

Synklino

Series A in 2022
Synklino ApS, a biotech company, develops therapies against virus infections. It offers SYN002, a drug candidate against cytomegalovirus infection in transplantation to change the current antiviral treatment. The company’s SYN002 eliminates cytomegalovirus from infected patients by targeting both lytic and latent infection. The company was incorporated in 2017 and is based in Copenhagen, Denmark.

FlexiLoans

Series B in 2022
FlexiLoans Technologies Private Limited operates a digital lending platform designed to facilitate access to financing for Small and Medium Enterprises (SMEs) in India. Founded in 2016 and headquartered in Mumbai, the company addresses the challenges SMEs face in securing quick and flexible funding due to high rejection rates from traditional financial institutions. FlexiLoans offers a variety of financial products, including working capital loans for business expansion and seasonal needs, as well as invoice and purchase order discounting loans. By leveraging data analytics and technology, the platform aims to provide alternative credit scoring methods, enabling it to cater to the significant unserved demand among SMEs lacking established financial histories. The availability of a mobile application further enhances accessibility for users seeking to manage their financial needs efficiently.

Belstar Microfinance Limited

Venture Round in 2022
Belstar Microfinance Limited is a non-banking finance company based in Chennai, India, specializing in microfinance services aimed at entrepreneurs supported by self-help group programs. The company provides a range of financial products, including micro enterprise loans for agriculture, manufacturing, services, trade, and small businesses. Additionally, it offers loans for sanitation, consumer goods, and education, along with various insurance products. Founded in 1988 and acquired by the Hand in Hand group in 2008, Belstar has focused on alleviating poverty through job creation and community development. The institution has evolved into a profitable microfinance entity with a commitment to low credit risk, reflecting its socially oriented mission.

Finova Capital

Series D in 2022
Finova Capital Pvt Ltd is a non-banking financial company based in Jaipur, India, established in 2015. The company specializes in providing loans to financially excluded individuals and unorganized micro, small, and medium enterprises (MSMEs). Finova Capital focuses on offering residential and commercial mortgage loans, as well as top-up loans, to support both urban and rural populations. Its mission is to enhance the lives of underserved communities by making finance accessible at reasonable costs while ensuring transparency in its operations. By empowering micro and small businesses, Finova Capital aims to facilitate economic growth and contribute to community transformation.

Berar Finance

Venture Round in 2022
Berar Finance Limited is a non-banking financial company based in Nagpur, India, specializing in a range of financial services. The company provides fixed deposits and retail financing options, including loans for two-wheelers, office equipment, personal needs, used cars and trucks, as well as loans against company deposits and hypothecation loans. Additionally, Berar Finance is engaged in hire purchasing activities. With a network of six branches in the Vidarbha region, the company aims to cater to the diverse financial needs of its clients.

Save Solutions

Series A in 2021
Save Solutions Pvt. Ltd., established in 2009 and headquartered in Gaya, India, focuses on providing loans to small and medium enterprises. The company is committed to fostering the development of marginalized communities and society at large, aligning its operations with the principles of justice, liberty, equality, and fraternity as outlined in the Indian Constitution. Save Solutions emphasizes a participatory approach to social service, aiming to contribute to national development and management through its financial services.

ferm LIVING

Acquisition in 2020
ferm LIVING ApS manufactures and sells design and interior products for homes. Its products include cushions, wallpaper, illustrations, textiles, decorative objects, wallstickers, wire baskets, furniture, wardrobes, and brass and organic products, as well as a collection for kids; and designs for the living room, kitchen, bedroom, bathroom, and office. The company sells its products online; and through a network of agents/distributors and stores in Denmark and internationally. ferm LIVING ApS was founded in 2006 and is based in Copenhagen, Denmark.

Aye Finance

Series E in 2020
Aye Finance is a finance company that provides business loans to micro and small businesses in Northern India.The company's mission is to provide innovative and customer-centered financial services to micro and small business through effective technology and robust processes. It works with a relevant technology to facilitate better financial inclusion and to consequently serve micro-enterprises. Aye Finance was founded in 2014 and is headquartered in Gurgaon, Haryana, India.

BASIX Sub-K iTransactions

Series C in 2019
BASIX Sub-K iTransactions Limited provides a mobile technology based transactional platform for access to digitized services to residents of rural, urban, and semi-urban areas. It offers banking services, savings, NREGA and other government payments, money transfers, utility payments, and prepaid mobile top-ups through a network of basic convenience outlets. The company was incorporated in 2010 and is based in Hyderabad, India. BASIX Sub-K iTransactions Limited operates as a subsidiary of Bhartiya Samruddhi Investments and Consulting Services, Ltd.

Belstar Microfinance Limited

Venture Round in 2018
Belstar Microfinance Limited is a non-banking finance company based in Chennai, India, specializing in microfinance services aimed at entrepreneurs supported by self-help group programs. The company provides a range of financial products, including micro enterprise loans for agriculture, manufacturing, services, trade, and small businesses. Additionally, it offers loans for sanitation, consumer goods, and education, along with various insurance products. Founded in 1988 and acquired by the Hand in Hand group in 2008, Belstar has focused on alleviating poverty through job creation and community development. The institution has evolved into a profitable microfinance entity with a commitment to low credit risk, reflecting its socially oriented mission.

Aclass

Acquisition in 2017
AClass is an online travel company that conveys experience traveling to Africa, Latin America, Asia and the US. The company has since its establishment in 2006 created a solid position in the Danish travel market and has expanded successfully on to Sweden, Norway, Germany, England and Holland. Based on a pure digital business model with effective marketing results AClass in 2016 the result for the year of DKK 12 million.

Arohan

Venture Round in 2017
Arohan Financial Services Limited is a non-banking financial company based in Kolkata, India, that specializes in providing a diverse range of financial services primarily to economically active women and small businesses in low-income areas. The company offers microfinance solutions, including small loans for personal and business use, and focuses on facilitating financial inclusion through various products such as loans for shopkeepers, toilet construction, and utility needs. Additionally, Arohan provides supplementary services like group term life insurance and hospi-cash products, along with micro, small, and medium enterprise lending options. Established in 1991, Arohan operates through a network of branches to reach remote locations, thereby enhancing access to financial services for underserved populations. The company is committed to supporting entrepreneurship and development through its loan offerings and financial safety net products.

Icotera

Acquisition in 2017
Icotera A/S is a Danish company specializing in the development and manufacture of Fiber-to-the-Home (FTTH) customer-premises equipment (CPE). Founded in 2011 and headquartered in Holte, Denmark, with a research and development center in Szczecin, Poland, Icotera offers a diverse range of products designed for fiber network operators. Its product portfolio includes intelligent gateways, Ethernet routers, fiber routers, and various smart home solutions, such as residential switches and monitoring systems. These products are tailored to support high-speed Internet broadband and content services for private homes across Europe. Icotera emphasizes superior design, quality, and performance, aiming to deliver flexible and cost-effective solutions that cater to the unique needs of its clients.

TDC Hosting

Acquisition in 2017
TDC Hosting provides business outsourcing operations to companies across Denmark. It has offices in Aarhus and Copenhagen and employs 300 people.

Berrybenka

Series C in 2017
Berrybenka.com is an online website with a concept similar to department stores. Berrybenka curates several brands ranging from local and international brands to enable customers to shop in one place. In Berrybenka, our fashion team is always dedicated to selecting the latest brands and products. We will continually launch new products to meet the fashion needs of women. Our mission is to become a company that provides the best customer service to all of our customers. Providing good customer service is our first priority.

DK-Foods

Acquisition in 2016
DK-Foods produces pepperoni, salami, and chorizo toppings for the industrial market. DK-Foods products are used in pizza and sandwich production.

Svendsen Sport

Acquisition in 2015
Svendsen Sport A/S distributes fishing tackles. It offers its products through a network of distributors, as well as sales and subsidiary companies in Sweden, Germany, Benelux, France, Norway, and Great Britain; and local agents in other European countries. The company was founded in 1977 and is based in Gadstrup, Denmark. Svendsen Sport A/S operates as a subsidiary of Lars Svendsen Holding ApS.

ProLon

Acquisition in 2014
ProLøn provides wage management with a human face. We are competitive and available and provide an easy payroll system with Denmark's best personal support.

Muuto

Acquisition in 2014
Muuto A/S is a Scandinavian design company based in Copenhagen, Denmark, founded in 2006. It specializes in the design and manufacture of a diverse range of furniture, lighting, and accessories, including chairs, sofas, tables, shelving, lamps, mirrors, rugs, and vases. The company seeks to expand the Scandinavian design tradition by collaborating with talented designers who bring unique perspectives to everyday objects. The name "Muuto," derived from the Finnish word for "new perspective," reflects this ethos. By focusing on quality materials and contemporary design, Muuto aims to create premium products that resonate with customers around the world. The company operates showrooms in London and Paris and is a subsidiary of Knoll Denmark ApS.

JKF Industri

Acquisition in 2012
JKF Industri A/S is a manufacturer of components for process ventilation and air filtration systems, primarily serving the woodworking, milling, agriculture, recycling, and metalworking industries. Founded in 1957 and based in Hadsund, Denmark, the company specializes in a range of products, including stainless steel duct systems, filters, separators, fans, sliding dampers, throttle valves, and various ducting components. JKF Industri markets its products through a network of dealers, wholesalers, and plant manufacturers, ensuring a broad reach within the industrial sector. The company was formerly known as Jysk Knæ- & Pladerørsfabrik before rebranding in 1982 and currently operates as a subsidiary of Delta Neu S.A.S.

SFK Leblanc

Acquisition in 2006
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.