M&A Deal Summary

Axcel Acquires Accru Partners

On October 4, 2024, private equity firm Axcel acquired business services company Accru Partners

Acquisition Highlights
  • This is Axcel’s 5th transaction in the Business Services sector.
  • This is Axcel’s 15th transaction in Sweden.

M&A Deal Summary

Date 2024-10-04
Target Accru Partners
Sector Business Services
Buyer(s) Axcel
Deal Type Consolidation

Target

Accru Partners

Stockholm, Sweden
Accru Partners is an alliance of independent firms specialising in accounting, tax, audit and advisory services. The group combines the best of both worlds: the autonomy, knowledge and presence of its local firms with the stability, reach and economies of scale of a much larger company. Accru Partners was founded in 2024 and is based in Stockholm, Sweden.

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Buyer(S) 1

Buyer

Axcel

Copenhagen, Denmark

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 1994
PE ASSETS 4.1B EUR
Size Large
Type Sector Agnostic
DESCRIPTION

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.


DEAL STATS #
Overall 68 of 69
Sector: Business Services M&A 5 of 5
Type: Consolidation M&A Deals 4 of 4
Country: Sweden M&A 15 of 16
Year: 2024 M&A 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2024-07-10 Nissens

Horsens, Denmark

Nissens develops, manufactures and sells cooling and climate products for the global automotive aftermarket, and Nissens Cooling Solutions, which designs, manufactures and sells custom cooling components, systems and modules for the wind turbine industry and the industrial sector, including the defence, mining and civil engineering industries. The group has more than 1,300 employees worldwide, with sales and production facilities across three continents. Both Nissens Automotive and Nissens Cooling Solutions are renowned for their focus on innovation and product development, high product quality and strong logistical and supply chain concepts. Nissens was founded in 1921 and is based in Horsens, Denmark.

Sell $388M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2024-12-20 Nordic Tyre Group

Stockholm, Sweden

Nordic Tyre Group is an independent tyre distributor. Nordic Tyre Group is based in Stockholm, Sweden.

Buy -