Founded in 1994 by a group of investors from Denmark’s largest financial and industrial institutions, Axcel is a Nordic private equity firm focusing on mid-market companies and has a broad base of both Danish and international investors. Axcel has raised four funds with total committed capital of around DKK 10 billion. These funds have made 46 platform investments, more than 80 major add-on investments and 37 full or partial exits. Axcel currently owns nine companies with combined annual revenue of around DKK 6,3 billion and some 4,000 employees.
Axcel Management A/S holds a licence from the Danish Financial Supervisory Authority to operate as a management company. Axcel is therefore subject to supervision and inspection by the FSA in respect of the funds Axcel IV and Axcel V.
Four investment funds
Axcel focuses on medium-sized companies in Denmark and Sweden. Since starting up in 1994, we have actively invested in companies through four investment funds with total committed capital of approx. DKK 10bn. With the expiry of the investment period for Axcel’s first three funds, we established a new fund in 2010: Axcel IV. Axcel Management, where the staff are employed, is the investment adviser for Axcel’s funds.
Of the more than 45 investments and approx. 80 significant bolt-on acquisitions Axcel has made, we have sold or floated 36 companies. This is a result of focused efforts to identify and develop strong and healthy companies.
– Niels B. Christiansen, Chairman of Axcel
Extensive international network
Having invested in a large number of Danish and international companies, Axcel has built up an extensive industrial and international network, and we have considerable experience of creating strong companies through active ownership.
Axcel has invested in more medium-sized Danish and Swedish companies than any other fund in Denmark.
Denmark’s largest investment team
Axcel boasts Denmark’s largest investment team. They are experts from the industrial and financial sectors with many years of experience in developing companies.
Offices in Copenhagen and Stockholm
With offices in both Copenhagen and Stockholm, Axcel is well-positioned to serve companies throughout the Nordic region. Axcel opened its Stockholm office in 2006.