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Date Target Transaction Type
Value: $mlns
Acquirer Seller
2025-11-26 Shine
Software
Copenhagen, Denmark
www.shine.co

Shine is a fintech/digital-banking platform that offers banking, invoicing, accounting, expense tracking, and administrative tools aimed at freelancers, small businesses, and entrepreneurs. Its services include managing business finances, sending invoices, tracking expenses and receipts via mobile, VAT/tax support (in relevant markets), and real-time financial reports all in a unified, mobile-friendly interface. Shine was founded in 2012 and is headquartered in Copenhagen, Denmark.

Add-on Acquisition

Cegid
Company
Software
Lyon, France
www.cegid.com

-
Deal Link  
2025-11-18 Goal Station
Consumer Products
Aalborg, Denmark
www.goalstationwebshop.com

Goal Station is a Danish-based e-commerce brand that offers football training equipment such as rebounders, home-edition training systems, and goal targets designed to improve players’ first touch, first pass and short passing. Goal Station is based in Aalborg, Denmark.

Add-on Acquisition

A-Champs
Company
Consumer Products
Barcelona, Spain
www.a-champs.com

-
Deal Article Deal Link  
2025-10-21 Consular
Information Technology
Brønsholm, Denmark
www.consular.dk

Consular is a Danish IT company that provides infrastructure and cloud solutions in the Nordic region. Consular is based in Brønsholm, Denmark.

Add-on Acquisition
Value

$10

ProAct
Company
Information Technology
Solna, Sweden
www.proact.se

-
Deal Article Deal Link  
2025-10-07 JMA
Information Technology
Randers, Denmark
www.jma.dk

JMA provides software for the heavy equipment, agricultural and construction machinery dealers. The DSM solution has been on the market for more than 30 years and is continuously developed in close collaboration with machine dealers. The solution is based on Microsoft Dynamics 365 Business Central and is constantly updated to the latest BC version. JMA was formed in 1990 and is based in Randers, Denmark.

Add-on Acquisition

Aptean
Company
Software
Alpharetta, Georgia
www.aptean.com

-
Deal Article Deal Link  
2025-10-01 AskCody
Internet Software and Services
Aalborg, Denmark
www.askcody.com

AskCody develops software that simplifies meeting booking, resource scheduling, visitor management, and workplace insights. AskCody was founded in 2011 and is based in Aalborg, Denmark.

Add-on Acquisition

Volaris Group
Company
Software
Mississauga, Ontario
www.volarisgroup.com

-
Deal Article Deal Link  
2025-10-01 Marlon
Building Materials
Brædstrup, Denmark
www.marlon.dk

Marlon is a manufacturer of dry mortar products. Marlon supplies contractors, concrete element manufacturers, specialized applicators, and builders’ merchants. Marlon was founded in 1978 and is based in Brædstrup, Denmark.

Add-on Acquisition

Sika
Company
Chemicals
Baar, Switzerland
www.sika.com

-
Deal Article Deal Link  
2025-09-15 CatMan Solution
Information Technology
Copenhagen, Denmark
www.catmansolution.com

CatMan Solution helps FMCG companies in the Nordics unlock the full potential of their data. As experts in retail measurement, particularly in retailer direct data, they empower teams to dive deep into category and sales management, providing actionable insights that drive performance. Its tailored Power BI dashboards democratize information, offering intuitive and reliable reports and tools to make faster and better decisions at every level. CatMan Solution is based in Copenhagen, Denmark.

Add-on Acquisition

Redslim
Company
Information Technology
Zug, Switzerland
www.redslim.net

-
Deal Article Deal Link  
2025-07-25 Institut for Cyber Risk
Information Technology
Nærum, Denmark
www.ifcr.dk

Institut for Cyber Risk (IFCR) specializes in Governance, Risk, and Compliance (GRC), offensive security, and cybersecurity training. Institut for Cyber Risk is based in Nærum, Denmark.

Add-on Acquisition

Bureau Veritas
Company
Business Services
Neuilly-sur-Seine, France
www.bureauveritas.com

-
Deal Article Deal Link  
2025-07-03 Thor Jorgensen
Business Services
Rødekro, Denmark
www.tjoaps.dk

Thor Jorgensen is a specialist in heavy earthmoving equipment rental, offers GSV. Thor Jorgensen is based in Rødekro, Denmark.

Add-on Acquisition

Kiloutou
Company
Business Services
Marcq-en-Baroeul, France
www.kiloutou.fr

-
Deal Article Deal Link  
2025-06-26 Targit
Software
Aalborg, Denmark
www.targit.com

Targit is a business intelligence software provider for the SME segment. The company is the maker of the TARGIT Decision Suite, the business intelligence and analytics solution for all business users. With an emphasis on people, it is our mission to transform entire organizations by revealing actionable insights for every user to make better and faster decisions. Targit is based in Aalborg, Denmark.

Add-on Acquisition

Forterro
Company
Software
London, United Kingdom
www.forterro.com

GRO Capital
Investor
Private Equity Firm
Copenhagen, Denmark
www.grocapital.dk

Deal Article Deal Link  
2025-06-26 Banshie
Information Technology
Copenhagen, Denmark
www.banshie.com

Banshie is an independent cybersecurity company specializing in offensive and defensive cybersecurity. It helps organizations strengthen their defenses by testing, challenging, and improving their security posture through advanced penetration testing, breach detection, and incident response. Banshie is based in Copenhagen, Denmark.

Add-on Acquisition

Truesec
Company
Information Technology
Stockholm, Sweden
www.truesec.com

-
Deal Article Deal Link  
2025-06-17 OnlinePOS
Software
Randers, Denmark
www.onlinepos.dk

OnlinePOS develops and sells a user-friendly cash register system (point of sales software) for, among others, the restaurant industry and the nightlife industry. OnlinePOS is a cloud-based cash register system with an associated BackOffice system. OnlinePOS was founded in 2008 and is based in Randers, Denmark.

Add-on Acquisition

Everfield
Company
Software
London, United Kingdom
www.everfield.com

Vækst-Invest Nordjylland
Investor
Private Equity Firm
Aalborg, Denmark
www.vaekstinvest.dk

Deal Article Deal Link  
2025-06-03 Chr. Moller
Energy Services and Equipment
Nyborg, Denmark
www.chrmoeller.dk

Chr. Moller provides technical services related to industrial boiler systems and thermal equipment. Chr. Moller was founded in 1999 and is based in Nyborg, Denmark.

Add-on Acquisition

Babcock Wanson
Company
Manufacturing
Nerac, France
www.babcock-wanson.com

-
Deal Article Deal Link  
2025-05-05 Danelec
Marine
Farum, Denmark
www.danelec.com

Danelec provides maritime hardware and software for data collection and safety. Danelec’s products enable meaningful operational efficiency improvements to large seafaring vessels, contributing to global resource efficiency and sustainability targets in the maritime sector. Danelec was founded in 1981 and is based in Farum, Denmark.

Add-on Acquisition

Gaztransport & Technigaz
Company
Engineering
Saint-Remy-les-Chevreuse, France
www.gtt.fr

Verdane
Investor
Growth Capital Firm
Oslo, Norway
www.verdane.com

Deal Article Deal Link  
2025-04-29 CUBS
Internet Software and Services
Greve, Denmark
www.cubs.dk

CUBS is a provider of energy SaaS billing solutions in Denmark. The scalable, cloud-based CUBS billing solution supports all business processes from consumption to billing, and is fully integrated into the highly digitized Danish retail markets for electricity and gas. CUBS serves both large and small utilities that want to put the customer at the center to ensure transparent and reliable consumption settlement. CUBS was formed in 2014 and is based in Greve, Denmark.

Add-on Acquisition

ESG Global
Company
Business Services
Chorley, United Kingdom
www.esgglobal.com

-
Deal Article Deal Link  
2025-04-29 Speedperform
Information Technology
Copenhagen, Denmark
www.speedperform.com

Speedperform is an integrated support specialist, serving the telecom and tech sectors with software and support content that simplifies the complex support scenarios common to those industries. Their client list extends across the globe, including major brands in Europe, Asia Pacific, Africa, and Latin America. Speedperform was founded in 2002 and is based in Copenhagen, Denmark.

Add-on Acquisition

Likewize
Company
Insurance
Southlake, Texas
www.likewize.com

-
Deal Article Deal Link  
Avg $448
8.9x EBITDA
1.5x REVENUE

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