Press releases

  • 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 Eastern Europe and another step towards having the scale to provide an even better user experience for our 500 000+ customers.

  • 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 consumers and will be carved out in a transaction expected to close on August 31, 2019. For Loopia, this is another step towards having the scale to provide an even better user experience for our many customers.

  • Monday, July 1, 2019

    Axcel invests in SteelSeries, a leading global brand within gaming peripherals

    Axcel invests in SteelSeries, which designs and sells gaming peripherals, including gaming headsets, keyboards, mice, mousepads and related software. The founder, Jacob Wolff-Petersen, and management will re-invest alongside Axcel.

  • 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 appointment of Björn Larsson as a new partner.

  • 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

    European Sperm Bank is entering a partnership with Axcel

    One of the Europes 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 partnership is built on a life-affirming vision and an ambitious plan to give even more Danish and foreign women and couples 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.

  • 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.

  • Friday, March 1, 2019

    Axcel sells Conscia to Nordic Capital

    After a successful ownership period of close to four years, Axcel has signed an agreement to sell Conscia, one of the leading northern European providers of secure IT infrastructure solutions, 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 impressive history of high customer satisfaction and double-digit growth. Besides hosting, it offers domain registration and cloud infrastructure-services to consumers and small & medium 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 Internet Foundation

    Loopia acquires the Swedish Internet Foundation's registrar business .SE Direkt. As of mid-February, .SE Direkt's customers 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 equipment, solutions and software for the red meat industry has entered into an agreement to acquire the leading Spanish distributor 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.

  • Thursday, August 30, 2018

    Frontmatec enters into partnership with AIRA

    Frontmatec has entered into an agreement to acquire 40% of the shares in ASSESSORAMENT INDUSTRIAL ROBÒTICA I AUTOMATITZACIÓ, S.L. (“AIRA”), a leading supplier of advanced robotic solutions for the meat industry.

  • 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 collectively is a market-leading mass hosting provider currently owned by Visma

  • 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 partners with family behind Swedish make-up brand IsaDora

    Axcel invests in IsaDora, one of the Nordic region’s leading cosmetics brands with production and headquarters in Sweden, and additional production facilities in Switzerland and a presence in more than 40 markets. Owned and run by founder Ingvar Vigstrand and the family since 1983, it is a well-run business with considerable growth potential.

  • 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.

  • Thursday, November 23, 2017

    Frontmatec to invest in China

    Frontmatec has entered into an agreement to acquire Jining Xinglong Food Machinery Manufacturing Co., Ltd. (“Xinglong”), a leading supplier of equipment to the red meat industry in China. The transaction will provide Frontmatec with market access in China and in addition a local production setup dedicated for the Chinese market. Furthermore, Xinglong will benefit from transfer of advanced technology from Frontmatec.

  • 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 produc-ers 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.

  • Tuesday, May 2, 2017

    New owners for the world’s leading manufacturer of stunning tools

    FRONTMATEC, the leading global supplier of customized equipment, solutions and software for the red meat industry has entered into an agreement to acquire the world leading manufacture of captive bolt stunning tools, Accles & Shelvoke Ltd.

  • 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.

  • 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


    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


    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 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 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, 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


    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


    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 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


    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


    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 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 jewellery, watch and design company Georg Jensen to Investcorp.

  • Thursday, June 14, 2012


    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.

  • Wednesday, February 1, 2012


    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 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 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 ‒ one of the world’s leading producers of equipment for the processing, handling and storage of crops

  • Monday, April 18, 2011


    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


    2010 was in many ways Axcel's best year yet – with the IPO of PANDORA, establishment of Axcel IV and preparation