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Wednesday, November 20, 2019
Axcel wins the award for Private Equity Fund of the Year at DVCA’s annual summit
Axcel wins the award based on solid exits with both Conscia and EG.
Thursday, September 5, 2019
Loopia acquires Planeetta Internet Oy - one of the leading web hosting providers in Northern Europe
Loopia Group AB has today signed an agreement to acquire Planeetta Internet Oy. The business provides sustainable cloud driven webhosting solutions, including e-commerce, to companies of all sizes. For Loopia, this is well aligned with the strategy for growth in the Nordic countries and Central East-ern Europe and another step towards having the scale to pro-vide an even better user experience for our 500 000+ cus-tomers.
Monday, July 15, 2019
Loopia acquires Binero Group’s mass hosting business to further strengthen its leading position in the Swedish market
Loopia has signed an agreement with Binero Group AB (publ.) to acquire its web hosting business in Sweden and Germany. The business provides web hosting and domain registrations to small and medium sized companies and con-sumers and will be carved out in a transaction expected to close on August 31, 2019. For Loopia, this is another step to-wards having the scale to provide an even better user experi-ence for our many customers.
Monday, July 1, 2019
Axcel invests in SteelSeries, a leading global brand within gaming peripherals
For nearly two decades, SteelSeries has been a frontrunner in the gaming industry, offering high-quality gaming peripherals to pro and enthusiast gamers. Its software platform has mil-lions of daily users and is integrated with games and applica-tions. Over the years, the company has built a strong brand and has leveraged this to outpace category growth globally. The gaming peripherals market is expected to continue expe-riencing significant growth, mainly driven by an increased number of gamers, growth in esports and a clear trend to-wards multiplayer/social games.
Monday, June 17, 2019
Axcel invests in Phase One
Axcel has agreed to acquire a majority stake in Phase One, a leading technology business specialising in high-end digital imaging software and equipment. The existing management team will reinvest alongside Axcel and continue to own a significant stake in the company.
Friday, May 10, 2019
Björn Larsson to become a partner at Axcel
Axcel is strengthening its team in Sweden with the appoint-ment of Björn Larsson as a new partner. Björn Larsson, aged 38, is to become a new partner at Axcel based in Stockholm. Björn is currently Group CFO of Anicura, a European animal hospital business owned until recently by Nordic Capital. He previously worked with private equity firm The Riverside Company and KPMG Transac-tion Services. He has an MSc from Stockholm School of Economics and is a Chartered Financial Analyst from CFA Institute.
Friday, April 12, 2019
Ball Group sold to German private equity fund, and Axcel III can be closed
Following a successful transformation of Ball Group, which produces and sells plus-size women’s clothing, Axcel has entered into an agreement to sell the business to a German private equity fund and can therefore close Axcel III.
Wednesday, April 3, 2019
Francisco Partners to acquire EG from Axcel for DKK 3.7 billion
After a successful separation of EG into a software and service business and a subsequent sale of the service business to DXC Technology, Axcel has signed an agreement to sell EG, one of the leading Scandinavian software providers, to Francisco Partners.
Wednesday, April 3, 2019
European Sperm Bank is entering a partnership with Axcel
One of the Europe’s leading sperm banks, European Sperm Bank, has today entered into a new partnership with Axcel, which has now taken over the majority of shares. The part-nership is built on a life-affirming vision and an ambitious plan to give even more Danish and foreign women and cou-ples the possibility to have children. They plan is to expand even further by developing the existing business, expanding to new markets and expand the bank’s services.
Friday, March 1, 2019
Axcel sells Conscia to Nordic Capital
After a successful ownership period of close to four years, Ax-cel has signed an agreement to sell Conscia, one of the leading northern European providers of secure IT infrastructure solu-tions, to Nordic Capital Fund IX (Nordic Capital).
Tuesday, February 12, 2019
Loopia Group acquires WebSupport, the #1 web hosting company in Slovakia
WebSupport, headquartered in Bratislava, is a major Central European provider of web hosting and web services to over 100,000 customers in Slovakia and Hungary. Part of the growing local tech community, WebSupport has an impres-sive history of high customer satisfaction and double-digit growth. Besides hosting, it offers domain registration and cloud infrastructure-services to consumers and small & me-dium sized companies.
Friday, February 1, 2019
New partners at Axcel
Christoffer Müller and Asbjørn Mosgaard Hyldgaard have been appointed partners at Axcel as of 31 March 2019. At the same time, current partners Nikolaj Vejlsgaard and Vilhelm Sundström will leave the company.
Tuesday, January 29, 2019
Loopia acquires .SE Direkt from the Swedish In-ternet Foundation
Loopia acquires the Swedish Internet Foundation's registrar business .SE Direkt. As of mid-February, .SE Direkt's custom-ers will have Loopia as registrar for their domains.
Monday, January 14, 2019
Frontmatec to acquire leading Spanish equipment distributor Intecal
Frontmatec, the leading global supplier of customized equip-ment, solutions and software for the red meat industry has entered into an agreement to acquire the leading Spanish dis-tributor and service provider of food tech equipment, Intecal - Industrial Técnico Alimentaria, S.A
Thursday, January 10, 2019
Axcel sells Mita-Teknik
After six years’ ownership, Axcel agrees to sell Mita-Teknik to partner and minority shareholder, the Andersen family.
Monday, June 18, 2018
Axcel acquires leading mass hosting provider from Visma, operating under the brands Loopia and Active 24
Axcel is investing in Loopia and Active 24 which col-lectively is a market-leading mass hosting provider currently owned by Visma. The business offers web domains, shared web hosting, and value-added services to around 350,000 SMEs and prosumers on a subscription basis.
Tuesday, May 29, 2018
Axcel partners with Jacob “Gubi” Olsen and GUBI, one of Scandinavia’s leading design brands
Axcel is investing in design company GUBI, which designs and sells furniture, lamps and other interior products worldwide. GUBI has delivered double-digit growth rates in recent years. Axcel will help the company expand further by developing its existing business, accelerating growth in new markets, and launching new products. Previous owner Jacob “Gubi” Olsen will continue as CEO and a significant minority shareholder.
Monday, April 23, 2018
Axcel acquires Orion Diagnostica
Axcel has acquired Finnish company Orion Diagnostica Oy (“Orion Diagnostica”), a leading player in the attractive point-of-care (POC) diagnostics market with a large portfolio of high-quality products. Together with Orion Diagnostica’s management team, Axcel intends to continue building on the company’s strong market position and sees a number of attractive opportunities to expand geographically and extend the product offering.
Wednesday, April 4, 2018
Axcel’s fifth fund closes at EUR 617 million
Axcel has raised its fifth fund with total commitments at its hard-cap of EUR 617 million. Axcel V has received major support from both existing investors and a diversified group of new investors from the Nordic countries, the rest of Europe and the US.
Tuesday, March 20, 2018
Axcel sells Driconeq to Irish engineering group Mincon Group PLC
Driconeq is a producer of drilling equipment for mining, water well drilling, construction and mineral extraction. In 2017, Driconeq posted revenue of approximately SEK 250 million with 120 employees in Sweden, South Africa and Australia.
Friday, March 2, 2018
Axcel sells Lessor to US company Paychex
After 17 months’ intensive ownership, Axcel has sold payroll specialist and HCM software Lessor to US company Paychex (Nasdaq: PAYX), a leading provider of integrated human capital management solutions for small- to medium-sized businesses.
Friday, February 2, 2018
Axcel ingår partnerskap med familjen bakom det svenska kosmetikföretaget IsaDora
Axcel investerar i IsaDora – ett av Nordens ledande kosmetik-företag med produktion och huvudkontor i Malmö samt yt-terligare produktionsanläggning i Bern. IsaDora finns på mer än 40 marknader och är ett välskött företag med stor tillväxt-potential – grundat och drivet av ägaren, Ingvar Vigstrand med familj, sedan 1983.
Monday, January 22, 2018
Lars Rebien Sørensen new chairman of Axcel’s Advisory Board; Niels B. Christiansen steps down after 12 years
Following his appointment as CEO of LEGO, Niels B. Christiansen has been looking to have fewer external commitments and is therefore stepping down from Axcel’s Advisory Board after 12 years, the last seven as chairman. His successor is Lars Rebien Sørensen, CEO of Novo Nordisk until the end of 2016.
Tuesday, October 31, 2017
Axcel teams up with family behind world-leading producer of accessories for pick-up trucks
Axcel is partnering with the owners of Danish company Mountain Top Industries, one of the world’s leading producers of pick-up accessories. The company has grown rapidly in recent years and has brought Axcel on board to support its continued expansion and entry into new markets. Mountain Top is currently owned by Marie-Louise and Lars Bjerg, who will remain both shareholders and board members.
Wednesday, May 24, 2017
Axcel invests in family-owned cooling specialist Nissens
Axcel is partnering with Nissens to generate further growth in the Danish-based cooling company, a leading international player in both the automotive aftermarket and the wind power and industrial markets. Previous owner Alan Nissen will stay on the board and remain a significant co-investor.
Friday, April 7, 2017
Axcel off to a good start with its fifth fund
Axcel began raising Axcel V in Q4 2016 and has completed a first closing with commitments of EUR 352 million. Axcel V has received support from existing and new investors, achieving approximately 65% of the fund’s target of EUR 550 million.
Wednesday, September 28, 2016
PFA, PKA and Axcel acquire Danish Ship Finance
PFA, PKA and Axcel have agreed to invest up to DKK 4.25 billion in Danish Ship Finance’s A shares, thus securing a Danish ownership solution to further the company’s strong progress.
Tuesday, July 12, 2016
Axcel creates global market leader in high-tech equipment for the global slaughter industry
Axcel is to invest in SFK LEBLANC, Attec, ITEC and Carometec, merging the four companies into an effective leading global player in the rapidly growing market for high-tech slaughter equipment. The merged company will have total revenue of around DKK 1.1 billion and 740 employees.
Friday, June 24, 2016
Axcel sells EXHAUSTO to French group Aldes
French family-owned ventilation group Aldes is buying EXHAUSTO from its owners Axcel and VKR Holding.
Monday, June 13, 2016
Successful listing of Nordic Waterproofing in Stockholm
At the listing on Friday 10 June, Nordic Waterproofing offered for sale 69% of its shares and, at a share price of 71, the market value of the roofing company is now almost SEK 1.7 billion. There was great interest in the share, which was significantly oversubscribed.
Wednesday, June 8, 2016
New partners at Axcel
As part of the preparations for raising Axcel's fund V, Thomas Blomqvist has been appointed new partner at Axcel in Stockholm, and in Copenhagen Lars Cordt is promoted partner. As previously announced, Axcel V will be led by new Managing Partner Christian Schmidt-Jacobsen, with Christian Frigast as chairman of the management Company.
Friday, June 3, 2016
Axcel sells Netel to IK Investment Partners
Since Axcel joined the group of owners, Netel has more than tripled its revenue, from SEK 0.5bn to SEK 1.5bn, and today it is a leading service provider within the rollout and maintenance of telecom, broadband and electrical networks in the Nordic and Baltic regions. With IK Investment Partners as its new principal shareholder, Netel will continue to expand
Monday, May 30, 2016
Nordic Waterproofing announced its initial public offering on Nasdaq Stockholm and prospectus in connection therewith.
Nordic Waterproofing Holding A/S (“Nordic Waterproofing” or the “Company”) and the owners of the Company have decided to diversify the shareholder base by a sale of existing shares (the “Offering”). The board of directors of Nordic Waterproofing has therefore applied for the Company’s shares to be listed on Nasdaq Stockholm. Today, the Company publishes its prospectus and announces other terms and conditions for the Offering. The first day of trading is expected to be 10 June 2016.
Thursday, March 31, 2016
Axcel invests in family-owned payroll specialist LESSOR
Axcel is to buy the LESSOR Group, a specialist in IT-based payroll and HR systems through its two brands LESSOR and Danløn. Axcel will continue to pursue the growth plan that has helped the LESSOR Group to acquire a leading position in the market for payroll systems for private companies.
Thursday, February 4, 2016
ELECTRONICS COMPANY BB ELECTRONICS SOLD TO MANAGEMENT
Following major operational improvements at BB Electronics, Axcel has concluded an agreement to sell the company to an investor group comprising representatives of management and the Board of Directors. This will create a strong platform for future operations.
Tuesday, December 15, 2015
AXCEL SELLS KITCHEN BUSINESS TCM GROUP TO PRIVATE EQUITY FIRM IK INVESTMENT PARTNERS
Following significant operational improvements in TCM Group, one of Scandinavia’s leading kitchen manufacturers, Axcel has reached an agreement to sell the company to funds advised by IK Investment Partners. Under Axcel’s ownership, TCM Group has developed into one of Europe's most profitable kitchen producers.
Tuesday, December 1, 2015
CHRISTIAN SCHMIDT-JACOBSEN TO START AT AXCEL, INVESTMENT PERIOD FOR AXCEL IV EXTENDED
Christian Schmidt-Jacobsen will start at Axcel shortly as co-managing partner, where he will work closely alongside managing partner Christian Frigast during a transition period. Axcel IV, which has completed nine investments and one exit as one of the top Nordic funds of its vintage, still needs to make two to three further investments to be fully invested.
Thursday, October 15, 2015
AXCEL JOINS GLOBAL PRIVATE EQUITY NETWORK
Axcel has joined with a number of other mid-market PE firms in Europe and the USA to establish a private equity network, thereby strengthening its ambition to work more internationally. The purpose of the Alliance for Global Growth (AFGG) is the sharing of knowledge and best practices between the participating firms.
Tuesday, September 29, 2015
AXCEL SUPPORTS EG'S ACQUISITION OF SILKEBORG DATA
Axcel, majority shareholder of both EG and Silkeborg Data, supports EG's acquisition of Silkeborg Data. The combination of EG's existing public business and Silkeborg Data creates a strong and strategic player in the market for digital solutions for the public sector.
Thursday, July 9, 2015
NEW CFO AT AXCEL
Axcel has recruited Peter Nyegaard, previously a senior executive at Nordea, as its new CFO and partner. He will take over from Lars Thomassen, who has decided to leave Axcel after 13 years.
Thursday, June 11, 2015
NEW MANAGING PARTNER AT AXCEL
Axcel has appointed Christian Schmidt-Jacobsen, currently CFO at Icopal, as its new Managing Partner. He will replace Christian Frigast, who will continue as working chairman of the board of the management company and as chairman of Axcel’s investment committee.
Thursday, May 28, 2015
AXCEL INVESTS IN CONSCIA
Axcel has agreed to acquire a majority stake in IT company Conscia, which supplies and services business-critical IT infrastructure, from a consortium of shareholders that includes Via Venture Partners. Management will continue to hold a significant part of the company’s shares.
Monday, March 9, 2015
AXCEL SELLS LGT LOGISTICS, THE NORDIC LEADER IN FURNITURE LOGISTICS, TO LITORINA
LGT Logistics is the Nordic leader in furniture logistics with annual revenue in excess of SEK 700 million and offers solutions including warehousing, consolidation and distribution of furniture both within and to/from the Nordic region.
Tuesday, December 9, 2014
SALE OF PANDORA SHARES
Axcel III has today concluded the final sell down of its shareholding in PANDORA through an accelerated book building at a share price of DKK 520 corresponding to a total gross value of DKK 2.4bn. at a discount of 1.9% to the market price.
Wednesday, December 12, 2012
AXCEL SELLS ROYAL COPENHAGEN
Axcel has sold Royal Copenhagen to the Finnish listed company Fiskars. With sales of around DKK 5.5 billion, Fiskars is one of the leading global producers of quality products for the home, garden and outdoors.
Monday, November 5, 2012
AXCEL SELLS GEORG JENSEN
Axcel sells jewellery, watch and design company Georg Jensen to Investcorp.
Thursday, June 14, 2012
AXCEL IN STRATEGIC COLLABORATION WITH LEADING CHINESE INVESTMENT COMPANY FOSUN
China’s leading investment company Fosun International Ltd (Fosun) and Denmark’s leading private equity fund Axcel has announced a strategic collaboration. The agreement will be signed in connection with President Hu Jintao’s official State visit to Denmark in mid-june 2012.
Thursday, March 1, 2012
PANDORA PULLS DOWN AXCEL’S INVESTMENT RESULT FOR 2011 BUT THREE GOOD EXITS RETURN MORE THAN DKK 1.4BN TO INVESTORS
Axcel's performance in 2011 was hit by the fall in PANDORA's share price, which led to a net investment loss of almost DKK 7bn. Excluding PANDORA, there was an investment profit of almost DKK 100 million, giving a return on invested capital of around 4%. By way of comparison, the Copenhagen Stock Exchange's OMXC20 blue-chip index fell 15% over the year. Dividend income and the sale of three companies at the beginning of 2011 enabled Axcel to pay out more than DKK 1.4bn to investors. In isolation, the recovery in PANDORA's share price from the beginning of 2012 restored more than DKK 500m to the value of Axcel’s holding during the first two months of the year.
Wednesday, February 22, 2012
NORDIC WATERPROOFING EXPANDS ITS GEOGRAPHICAL PLATFORM AND INVESTS IN NORTETT BYGG AND WULVA
Nordic Waterproofing, one of the Nordic region’s largest roofing producers with annual sales of EUR 170 million, further expands its operations and is now represented in four Nordic countries.
Wednesday, February 1, 2012
MITA-TEKNIK PARTNERS WITH AXCEL
The Andersen family has entered into an agreement with Axcel on the transfer of a majority stake in Mita-Teknik, which supplies control systems to the wind turbine industry and other industries. Brothers Jesper and Thomas Andersen will continue as CEO and CTO and will retain significant shareholdings.
Sunday, January 29, 2012
AXCEL EXPANDS ITS TEAM
Axcel brings JP/Politiken’s Lars Munch onto its industrial board in Denmark and strengthens its team in Sweden with the recruitment of new partner Lars Österberg.
Wednesday, July 13, 2011
AXCEL RAISES DENMARK’S BIGGEST-EVER FUND
Axcel has now raised Axcel IV, which at DKK 3.6bn will be Denmark’s biggest-ever private equity fund. Axcel IV has broad backing from previous investors and has also received commitments from a number of new foreign investors, and Danish business investors and family funds.
Friday, June 3, 2011
AXCEL TO BUY CIMBRIA
Axcel to buy Cimbria ‒ one of the world’s leading producers of equipment for the processing, handling and storage of crops
Monday, April 18, 2011
ANNOUNCEMENT FROM AXCEL ON BEHALF OF PROMETHEUS INVEST
Following PANDORAs update on financial expectations for 2011 - released this morning to the market - Axcel, on behalf of the majority shareholder in PANDORA (Prometheus Invest), has noted that there has been speculation with respect to its position as a long term shareholder.
Monday, April 11, 2011
AXCEL FUNDS REPORT INVESTMENT RETURN OF DKK 11.5 BN
2010 was in many ways Axcel's best year yet – with the IPO of PANDORA, establishment of Axcel IV and preparation