Investment Summary

Dania Capital Exits Novenco Fire Fighting A/S

On November 20, 2012, Wilhelmsen Technical Solutions AB invested in safety/security company Novenco Fire Fighting A/S from Dania Capital

Investment Highlights
  • This is Wilhelmsen Technical Solutions AB’s 1st transaction in the Safety/Security sector.
  • This is Wilhelmsen Technical Solutions AB’s 1st transaction in Denmark.

Investment Summary

Date 2012-11-20
Target Novenco Fire Fighting A/S
Sector Safety/Security
Investor(s) Wilhelmsen Technical Solutions AB
Sellers(s) Dania Capital
Deal Type Add-on Acquisition

Target

Novenco Fire Fighting A/S

Naestved, Denmark
Novenco develops, manufactures and engineers fire fighting systems. Novenco fire fighting technology can provide local and total protection for machinery spaces, water mist systems for accommodation areas, and fire fighting systems for land applications based on XFlow technology.

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Investor(S) 1

Investor

Wilhelmsen Technical Solutions AB

Uddevalla,, Sweden

Category Company
Founded 1951
Sector Machinery
DESCRIPTION

Wilhelmsen Technical Solutions is a provider of cost efficient engineered solutions, equipment and services for the maritime and offshore industries.


DEAL STATS #
Overall 1 of 3
Sector: Safety/Security M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 2
Country: Denmark M&A 1 of 1
Year: 2012 M&A 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2013-04-04 Maritime Protection AS

Kristiansand,, Norway

Maritime Protection AS operates as an engineering and manufacturing company that specializes in delivering inert gas systems for marine and offshore industries worldwide.

Buy -

Seller(S) 1

SELLER

Dania Capital

Copenhagen, Denmark

Category Private Equity Firm
Founded 2003
PE ASSETS 105M EUR
Size Small
Type Sector Agnostic
DESCRIPTION

Dania Capital is a private equity firm focused on making investments in small to mid sized Danish companies in the building materials, construction, distribution, and service sectors. Prospective transaction situations include generational successions, expansion financings, management buy-ins, and consolidations. Dania looks to hold each investment for three to seven years. The Firm will not invest in venture and start-up businesses, as well as real estate and financial services companies. Dania Capital was formed in 2003 and is based in Copenhagen.


DEAL STATS #
Overall 4 of 4
Sector: Safety/Security M&A 1 of 1
Type: Add-on Acquisition M&A Deals 2 of 2
Country: Denmark M&A 4 of 4
Year: 2012 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2011-04-17 Kuben Management A/S

Valby, Denmark

Kuben Management is a consulting company working within building control advisory. Kuben Management was founded in 2005 and is based in Valby, Denmark.

Sell -