Axcel Mergers and Acquisitions Summary

Private Equity Firm Profile

In the last 3 years, Axcel has acquired 13 companies. It has also invested in 4 others.

Axcel’s most common sectors for investment areinformation technology (11%) and manufacturing (9%) . The Firm’s most common investment types include buyout (lbo, mbo, mbi) (63%) and secondary buyout (16%). In total, Axcel has invested in 6 different countries.

In the last 3 years, Axcel has exited 6 companies. The Firm’s most common exit type is secondary buyout (27%). Axcel’s largest (disclosed) exit occurred in 2007 when it sold Icopal AS for $965M.

Join Mergr to view Axcel’s full profile and discover more large private equity firms just like it.

M&A Summary

  • M&A Total Activity97
    • M&A Buy Activity59
    • M&A Sell Activity38
  • Total Sectors Invested 28
  • Total Countries Invested 6
  • M&A Buy/Sell Connections 17
  • M&A Advisors 3

Axcel

Sankt Annæ Plads 10,
Copenhagen, 1250
Denmark
+45 333 66 999
www.axcel.dk
axcel@axcel.dk

Axcel Management AS is a private equity firm focused on mid-market buyouts in Denmark and Sweden. Axcel primarily seeks companies with a strong Danish or Swedish base and international potential. The Firm looks to invest in companies with revenues of DKK 250 million (€ 35 million) to DKK 4 billion (€ 535 million). Axcel prefers majority positions. Axcel Management A/S was formed in 1994. The Firm is based in Copenhagen with an additional office in Stockholm.


Investment Criteria

Sectors of Interest: Agriculture, Apparel/Textiles, Building Materials, Business Services, Construction, Education, Electronics, Furniture, Information Technology, Machinery, Manufacturing, Metals/Mining, Packaging, Plastics, Publishing, Retail, Transportation

Target Transaction Types: Buyout (LBO, MBO, MBI)

Geographic Preferences: Scandinavia

Transaction Criteria Min Max
Target Revenue 35 535
Target EBITDA - -
Investment Size - -
Enterprise Value - -
values in millions of EUR

M&A Summary

Buy vs Sell

Year ≤ '16 '17 '18 '19 '20 '21 T
Buy (3.6/yr) # 41 1 5 3 7 2 59
Sell (1.2/yr) # 32 - 2 4 - - 38
vol $2.1B $2.1B
  97

Most Recent M&A

Company Date Value Type
ProData Consult A/S 2021-07-01 - Secondary Buyout
Hvidovre, Denmark · www.prodataconsult.com
VetGruppen 2021-06-17 - Buyout (LBO, MBO, MBI)
Copenhagen, Denmark · www.vetgruppen.dk
Moment A/S 2020-11-26 - Buyout (LBO, MBO, MBI)
Copenhagen, Denmark · www.moment.dk
TeamVikaren 2020-11-26 - Buyout (LBO, MBO, MBI)
Aarhus, Denmark · www.teamvikaren.dk
PersonaleBorsen Holding 2020-11-26 - Buyout (LBO, MBO, MBI)
Aarhus, Denmark · www.personaleborsen.dk
Protemp A/S 2020-11-26 - Buyout (LBO, MBO, MBI)
Fredericia, Denmark · www.protemp.dk
Currentum AB 2020-10-16 - Consolidation
, Sweden
AddPro AB 2020-07-02 - Secondary Buyout
Malmö, Sweden · www.addpro.se
SuperOffice AS 2020-04-14 - Growth Capital
Oslo, Norway · www.superoffice.com
SteelSeries ApS 2019-07-01 - Secondary Buyout
Valby, Denmark · www.steelseries.com
View All >>

Portfolio M&A

Company Acquired Add-On/Sale Date #
Moment A/S 2020-11-26 Eterni Gruppen AS 2021-07-02 1
Copenhagen, Denmark · www.moment.dk Bergen, Norway · www.eterni.no
Frontmatec Group 2016-07-12 Frontmatec A/S 2016-07-12 7
Kolding, Denmark · www.frontmatec.com Skive, Denmark
Frontmatec Group 2016-07-12 Accles & Shelvoke Ltd. 2016-07-12 6
Kolding, Denmark · www.frontmatec.com Sutton Coldfield, United Kingdom · www.acclesandshelvoke.co.uk

M&A by Sector

Sector Current # Value All-time # Value
Information Technology 2 (9%) - 6 (10%) -
Manufacturing - - 5 (8%) -
Apparel/Textiles - - 4 (7%) -
Building Materials - - 4 (7%) -
Business Services 1 (5%) - 4 (7%) -
Consumer Products 2 (9%) - 4 (7%) -
Machinery 2 (9%) - 4 (7%) -
Staffing 4 (18%) - 4 (7%) -
Automotive 2 (9%) - 2 (3%) -
Internet Software and Services 2 (9%) - 2 (3%) -
Software 1 (5%) - 2 (3%) -
Transportation - - 2 (3%) -
Agriculture - - 1 (2%) -
Communications - - 1 (2%) -
Construction - - 1 (2%) -
Consumer Services 1 (5%) - 1 (2%) -
Education - - 1 (2%) -
Electronics - - 1 (2%) -
Energy Services and Equipment - - 1 (2%) -
Environmental 1 (5%) - 1 (2%) -
Financial Services 1 (5%) - 1 (2%) -
Furniture - - 1 (2%) -
Life Science 1 (5%) - 1 (2%) -
Marine - - 1 (2%) -
Medical Products 1 (5%) - 1 (2%) -
Plastics - - 1 (2%) -
Retail - - 1 (2%) -
Technology Hardware 1 (5%) - 1 (2%) -
Total 22 - 59 -

Acquisitions By Geo

State/Country Current # Value All-time # Value
Denmark 15 (68%) - 43 (74%) -
Sweden 4 (18%) - 10 (17%) -
Finland 2 (9%) - 2 (3%) -
Norway 1 (5%) - 1 (2%) -
Belgium - - 1 (2%) -
Slovakia - - 1 (2%) -
Domestic 15 (68%) - 43 (74%) -
Cross-border 7 (32%) - 15 (26%) -
Total 22 - 58 -

Acquisitions by Deal Type

Type Current # Value All-time # Value
Buyout (LBO, MBO, MBI) 7 (32%) - 37 (63%) -
Secondary Buyout 6 (27%) - 9 (15%) -
Growth Capital 5 (23%) - 7 (12%) -
Consolidation 2 (9%) - 2 (3%) -
Divestiture 1 (5%) - 2 (3%) -
Stake Purchase 1 (5%) - 2 (3%) -
Total 22 - 59 -

Exits by Deal Type

Type Total # Value
Secondary Sale 12 (32%) 1.3B (60%)
Trade Sale 10 (26%) -
Sold to Management 6 (16%) -
Trade Sale - Public Company 5 (13%) 844M (40%)
Unknown 2 (5%) -
IPO 1 (3%) -
Merger 1 (3%) -
Stake Sale 1 (3%) -
Total 38 $2.1B

Top M&A Advisors

Financial Deals
Deloitte
 2
Legal Deals
Ropes & Gray LLP
 1
Moalem Weitemeyer Bendtsen
 1

Deal Values

sell # Total
$100M to $1B 5 $2.0B
< $100M 1 $74M
TOTAL $2.1B
Largest Icopal AS
$965M (2007-07-01)

M&A Connections

Deals
Acquired from
Investor(s)
15%
9 (15%)
Strategic(s)
7%
4 (7%)
Exited to
Investor(s)
29%
11 (29%)
Strategic(s)
21%
8 (21%)

Investor Summary

Investor Type

Private Equity Firm

Size

Large

PE Assets

2.0B EUR

Established

1994

Specialist/Generalist

Generalist

Leadership

Christian Schmidt-Jacobsen

Managing Partner

Jesper Frydensberg Rasmussen

Head of Finance and Compliance

Asbjorn Mosgaard Hyldgaard

Partner

Bjorn Larsson

Partner

Christian Bamberger Bro

Partner

 Subscribe to unlock this and 171,700
investor and company profiles

Sign-up today to get full access

  • check  Unlimited Searches
  • check  Unlimited Profile Views
  • check  Build and Export Lists of
    • PE Backed Companies
    • Direct Investors & Acquirers
    • Advisors
    • Deals
    • & More
1 Week Free Trial Learn More

What's Mergr?

We built Mergr to save people the arduous and time-consuming process of tracking when companies are bought, sold, and who currently owns them.

Every day, new opportunities emerge around M&A and we help professionals of all types comb through transactions, investors, and corporate acquirers via an easy-to-use web database that is accessible to anyone.

Try us for 1 week free today!

Mergr, the Easiest-to-Use PE and M&A DB

Key Benefits

  • Stay informed on events in your industry
  • M&A research that takes seconds (not all afternoon)
  • Better understand your customers and prospects
  • Discover active buyers (or sellers)
Search
  • 4.2K Private Equity Firms
  • 161K M&A Transactions
  • 167K Companies Involved in M&A
    (Buyer, Seller, or Target)
  • 3.4K M&A Advisors
    (Investment Banks and Law Firms)
  • 59K M&A Contacts
    (PE and M&A Advisors)

Ready to try?

Join FREE for 1 Week

No obligation. Cancel anytime.

Mergr

Product

Company

Legal