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News and Press Releases

23 November 2021

Axcel appoints new members of the Advisory Board and new CFO

Axcel has appointed Anna Mossberg and Catharina Stackelberg-Hammarén as new members of its Advisory Board, adding valuable industry knowledge and international experience to the board. Jesper Frydensberg Rasmussen is appointed […]
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6 October 2021

Axcel to sell SteelSeries to GN Store Nord

Axcel has signed an agreement to sell SteelSeries, a leading global provider of premium gaming gear, to GN Store Nord for DKK 8.0 billion.
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1 September 2021

ProData Consult to acquire French emagine Group to create the leading European provider of high-end business and IT consultants

Axcel has signed an agreement whereby ProData Consult partners with Paris-based emagine Group, gaining a strong foothold in France, Germany, and the United Kingdom.
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24 August 2021

Axcel VI successfully closes at the EUR 800 million hard cap

Axcel Management (“Axcel”), a leading investor in the Nordic market, is pleased to announce that it has successfully closed Axcel VI at its hard cap of EUR 800 million – […]
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19 July 2021

Axcel sells Nissens Cooling Solutions to A.P. Moller Holding

Axcel has signed an agreement to sell Nissens Cooling Solutions, a globally leading provider of cooling solutions for wind and industrial applications, to A.P. Moller Holding. Axcel will continue as […]
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2 July 2021

Axcel creates a Nordic market leader in flexible workforce solutions

Axcel creates a leading Nordic provider of flexible workforce solutions by acquiring Norwegian Eterni and combining it with existing portfolio company Moment.
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1 July 2021

Axcel invests in ProData, a leading Northern European talent-centric provider of IT consultants

Axcel partners with the founders and management of ProData with the ambition to create a leading European provider of high-end IT consultants.
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17 June 2021

Axcel partners with VetGruppen and its founders

Axcel is partnering with VetGruppen, a Danish leader in veterinary care, to support the company on its growth journey, with a continued focus on quality of care, local leadership, and […]
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27 May 2021

Annual Review & Sustainability Report 2020

We are pleased to announce that our Annual Review & Sustainability Report 2020 is now available.
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24 February 2021

Aidian Oy acquires Mediphos Medical Supplies B.V. and Mediphos Diagnostics Belux B.V.

On the 20th of February 2021 Aidian Oy, the leading medical device (in vitro diagnostic) provider, signed the agreement to acquire its long-term distribution partner, Mediphos Medical Supplies B.V. and […]
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15 December 2020

SteelSeries Acquires Controller Accessory Leader KontrolFreek

SteelSeries bolsters its reputation of excellence in gaming controllers with the acquisition of the leading controller accessory company, best known for its performance thumbsticks.
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26 November 2020

Axcel creates a Danish market leader in the temporary staffing industry

In partnership with the owners of TeamVikaren/PersonaleBørsen, Protemp and Moment, Axcel is creating a market-leading temporary staffing agency with DKK 850 million in revenue and 150 expert employees spread across […]
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16 October 2020

Axcel invests in Currentum AB and creates a leading player in the Swedish technical installation market

Axcel enters into a partnership with Ventab, Ventilationsprojekt and Installationsbolaget to create a strong installation group within HVAC, H&S, sprinkler and building automation with offices in Gothenburg, Stockholm, Södertälje, Nyköping, […]
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18 September 2020

SuperOffice acquires Infobridge Software B.V. - a Dutch provider of value-added calendar and ERP data synchronization and integration software for the SuperOffice CRM offering

On August 31, 2020, SuperOffice Group AS acquired Infobridge Software B.V. The business develops calendar and ERP data synchronization and integration solutions primarily for the SuperOffice CRM platform. The Infobridge […]
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4 September 2020

Sarah Hempel joins Axcel as Head of Sustainability

Axcel is strengthening its ESG focus with the appointment of Sarah Hempel as new Head of Sustainability
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2 July 2020

Axcel invests in AddPro

Axcel invests in AddPro, a leading Swedish provider of mission-critical IT services
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10 June 2020

Axcel COP Rapport 2019

Today, Axcel released its 2019 COP-report. The report builds upon Axcels ESG-framework that was set up in 2010. The report highlights the ways in which Axcel is enabling progress and sustainable growth […]
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20 May 2020

Axcel publishes Annual Review for 2019

At Axcel, we are extremely thrilled to release Axcel’s Annual Review 2019! Among other things, the Annual Review presents an exclusive interview about the corona crisis with Lars Rebien Sørensen, […]
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20 May 2020

Exclusive interview: The corona crisis is challenging, but it also presents opportunities

Although no one knows the precise answer to how long the crisis will last and what its impact will be, the dark clouds that currently fill the sky, will at […]
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14 April 2020

Axcel Invests in SuperOffice

Axcel invests in SuperOffice, a leading Northern European provider of SaaS CRM software.
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6 April 2020

SteelSeries Acquires Audio Software Leader A-Volute

SteelSeries bolsters its reputation of gaming audio excellence with the acquisition of famed audio company best known for its 3D sound processing solutions.
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21 November 2019

Loopia acquires Planeetta Internet Oy - one of the leading web hosting providers in Northern Europe Copy

Loopia Group AB has today signed an agreement to acquire Planeetta Internet Oy. The business provides sustainable cloud driven webhosting solutions, including e-commerce, to companies of all sizes. For Loopia, […]
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20 November 2019

Axcel wins the award for Private Equity Fund of the Year at DVCA’s annual summit

Axcel wins the award based on solid exits with both Conscia and EG.
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14 November 2019

Björn Larsson to become a partner at Axcel

Axcel is strengthening its team in Sweden with the appointment of Björn Larsson as a new partner.
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29 September 2019

Axcel supports EG's acquisition of Silkeborg Data - Company announcement

Axcel, majority shareholder of both EG and Silkeborg Data, supports EG's acquisition of Silkeborg Data. The combination of EG's existing public business and Silkeborg Data creates a strong and strategic […]
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30 August 2019

Frontmatec enters into partnership with AIRA

Frontmatec has entered into an agreement to acquire 40% of the shares in ASSESSORAMENT INDUSTRIAL ROBÒTICA I AUTOMATITZACIÓ, S.L. (“AIRA”), a leading supplier of advanced robotic solutions for the meat […]
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1 July 2019

Axcel invests in SteelSeries, a leading global brand within gaming peripherals

Axcel invests in SteelSeries, which designs and sells gaming peripherals, including gaming headsets, keyboards, mice, mousepads and related software. The founder, Jacob Wolff-Petersen, and management will re-invest alongside Axc
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18 June 2019

Axcel acquires leading mass hosting provider from Visma, operating under the brands Loopia and Active 24

Axcel is investing in Loopia and Active 24 which collectively is a market-leading mass hosting provider currently owned by Visma
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17 June 2019

Axcel invests in Phase One

Axcel has agreed to acquire a majority stake in Phase One, a leading technology business specialising in high-end digital imaging software and equipment. The existing management team will reinvest alongside […]
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15 June 2019

Loopia acquires Binero Group’s mass hosting business to further strengthen its leading position in the Swedish market

Loopia has signed an agreement with Binero Group AB (publ.) to acquire its web hosting business in Sweden and Germany. The business provides web hosting and domain registrations to small […]
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29 May 2019

Axcel partners with Jacob “Gubi” Olsen and GUBI, one of Scandinavia’s leading design brands

• Axcel is investing in design company GUBI, which designs and sells furniture, lamps and other interior products worldwide • GUBI has delivered double-digit growth rates in recent years • […]
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23 April 2019

Axcel acquires Orion Diagnostica

Axcel has acquired Finnish company Orion Diagnostica Oy (“Orion Diagnostica”), a leading player in the attractive point-of-care (POC) diagnostics market with a large portfolio of high-quality products. Together with Orion […]
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12 April 2019

Ball Group sold to German private equity fund, and Axcel III can be closed

Following a successful transformation of Ball Group, which produces and sells plus-size women’s clothing, Axcel has entered into an agreement to sell the business to a German private equity fund […]
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4 April 2019

Axcel’s fifth fund closes at EUR 617 million

Axcel has raised its fifth fund with total commitments at its hard-cap of EUR 617 million. Axcel V has received major support from both existing investors and a diversified group […]
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3 April 2019

Francisco Partners to acquire EG from Axcel for DKK 3.7 billion

After a successful separation of EG into a software and service business and a subsequent sale of the service business to DXC Technology, Axcel has signed an agreement to sell […]
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3 April 2019

European Sperm Bank is entering a partnership with Axcel

One of the Europes leading sperm banks, European Sperm Bank, has today entered into a new partnership with Axcel, which has now taken over the majority of shares. The partnership […]
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20 March 2019

Axcel sells Driconeq to Irish engineering group Mincon Group PLC

Driconeq is a producer of drilling equipment for mining, water well drilling, construction and mineral extraction. In 2017, Driconeq posted revenue of approximately SEK 250 million with 120 employees in […]
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2 March 2019

Axcel sells Lessor to US company Paychex

After 17 months’ intensive ownership, Axcel has sold payroll specialist and HCM software Lessor to US company Paychex (Nasdaq: PAYX), a leading provider of integrated human capital management solutions for […]
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1 March 2019

Axcel sells Conscia to Nordic Capital

After a successful ownership period of close to four years, Axcel has signed an agreement to sell Conscia, one of the leading northern European providers of secure IT infrastructure solutions, […]
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12 February 2019

Loopia Group acquires WebSupport, the #1 web hosting company in Slovakia

WebSupport, headquartered in Bratislava, is a major Central European provider of web hosting and web services to over 100,000 customers in Slovakia and Hungary. Part of the growing local tech […]
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1 February 2019

New partners at Axcel

Christoffer Müller and Asbjørn Mosgaard Hyldgaard have been appointed partners at Axcel as of 31 March 2019. At the same time, current partners Nikolaj Vejlsgaard and Vilhelm Sundström will leave […]
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29 January 2019

Loopia acquires .SE Direkt from the Swedish Internet Foundation

Loopia acquires the Swedish Internet Foundation's registrar business .SE Direkt. As of mid-February, .SE Direkt's customers will have Loopia as registrar for their domains.
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14 January 2019

Frontmatec to acquire leading Spanish equipment distributor Intecal

Frontmatec, the leading global supplier of customized equipment, solutions and software for the red meat industry has entered into an agreement to acquire the leading Spanish distributor and service provider […]
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10 January 2019

Axcel sells Mita-Teknik

After six years’ ownership, Axcel agrees to sell Mita-Teknik to partner and minority shareholder, the Andersen family.
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2 February 2018

Axcel partners with family behind Swedish make-up brand IsaDora

Axcel invests in IsaDora, one of the Nordic region’s leading cosmetics brands with production and headquarters in Sweden, and additional production facilities in Switzerland and a presence in more than […]
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22 January 2018

Lars Rebien Sørensen new chairman of Axcel’s Advisory Board; Niels B. Christiansen steps down after 12 years

Following his appointment as CEO of LEGO, Niels B. Christiansen has been looking to have fewer external commitments and is therefore stepping down from Axcel’s Advisory Board after 12 years, […]
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23 November 2017

Frontmatec to invest in China

Frontmatec has entered into an agreement to acquire Jining Xinglong Food Machinery Manufacturing Co., Ltd. (“Xinglong”), a leading supplier of equipment to the red meat industry in China. The transaction […]
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31 October 2017

Axcel teams up with family behind world-leading producer of accessories for pick-up trucks

Axcel is partnering with the owners of Danish company Mountain Top Industries, one of the world’s leading produc-ers of pick-up accessories. The company has grown rapidly in recent years and […]
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24 May 2017

Axcel invests in family-owned cooling specialist Nissens

Axcel is partnering with Nissens to generate further growth in the Danish-based cooling company, a leading international player in both the automotive aftermarket and the wind power and industrial markets. […]
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2 May 2017

New owners for the world’s leading manufacturer of stunning tools

FRONTMATEC, the leading global supplier of customized equipment, solutions and software for the red meat industry has entered into an agreement to acquire the world leading manufacture of captive bolt […]
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7 April 2017

Axcel off to a good start with its fifth fund

Axcel began raising Axcel V in Q4 2016 and has completed a first closing with commitments of EUR 352 million. Axcel V has received support from existing and new investors, […]
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28 September 2016

PFA, PKA and Axcel acquire Danish Ship Finance

PFA, PKA and Axcel have agreed to invest up to DKK 4.25 billion in Danish Ship Finance’s A shares, thus securing a Danish ownership solution to further the company’s strong […]
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28 September 2016

PFA, PKA and Axcel acquire Danish Ship Finance

PFA, PKA and Axcel have agreed to invest up to DKK 4.25 billion in Danish Ship Finance’s A shares, thus securing a Danish ownership solution to further the company’s strong […]
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12 July 2016

Axcel creates global market leader in high-tech equipment for the global slaughter industry

Axcel is to invest in SFK LEBLANC, Attec, ITEC and Carometec, merging the four companies into an effective leading global player in the rapidly growing market for high-tech slaughter equipment. […]
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24 June 2016

Axcel sells EXHAUSTO to French group Aldes

French family-owned ventilation group Aldes is buying EXHAUSTO from its owners Axcel and VKR Holding.
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13 June 2016

Successful listing of Nordic Waterproofing in Stockholm

At the listing on Friday 10 June, Nordic Waterproofing offered for sale 69% of its shares and, at a share price of 71, the market value of the roofing company […]
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8 June 2016

New partners at Axcel

As part of the preparations for raising Axcel's fund V, Thomas Blomqvist has been appointed new partner at Axcel in Stockholm, and in Copenhagen Lars Cordt is promoted partner. As […]
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31 March 2016

Axcel invests in family-owned payroll specialist LESSOR

Axcel is to buy the LESSOR Group, a specialist in IT-based payroll and HR systems through its two brands LESSOR and Danløn. Axcel will continue to pursue the growth plan […]
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4 February 2016

Electronics Company BB Electronics sold to Management

Following major operational improvements at BB Electronics, Axcel has concluded an agreement to sell the company to an investor group comprising representatives of management and the Board of Directors. This […]
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5 December 2015

Axcel sells kitchen business TCM Group to private equity firm IK Investment Partners

Following significant operational improvements in TCM Group, one of Scandinavia’s leading kitchen manufacturers, Axcel has reached an agreement to sell the company to funds advised by IK Investment Partners. Under […]
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1 December 2015

Christian Schmidt-Jacobsen to start at Axcel, Investment Period for Axcel IV Extended

Christian Schmidt-Jacobsen will start at Axcel shortly as co-managing partner, where he will work closely alongside managing partner Christian Frigast during a transition period. Axcel IV, which has completed nine […]
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5 October 2015

Axcel joins global private equity network

Axcel has joined with a number of other mid-market PE firms in Europe and the USA to establish a private equity network, thereby strengthening its ambition to work more internationally. […]
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9 July 2015

New CFO at Axcel

Axcel has recruited Peter Nyegaard, previously a senior executive at Nordea, as its new CFO and partner. He will take over from Lars Thomassen, who has decided to leave Axcel […]
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11 June 2015

New Managing Partner at Axcel

Axcel has appointed Christian Schmidt-Jacobsen, currently CFO at Icopal, as its new Managing Partner. He will replace Christian Frigast, who will continue as working chairman of the board of the […]
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28 May 2015

Axcel invest in Conscia

Axcel has agreed to acquire a majority stake in IT company Conscia, which supplies and services business-critical IT infrastructure, from a consortium of shareholders that includes Via Venture Partners. Management […]
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9 March 2015

Axcel sells LGT Logistics, the Nordic leader in furniture logistics

LGT Logistics is the Nordic leader in furniture logistics with annual revenue in excess of SEK 700 million and offers solutions including warehousing, consolidation and distribution of furniture both within […]
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9 December 2014

Sale of Pandora shares

Axcel III has today concluded the final sell down of its shareholding in PANDORA through an accelerated book building at a share price of DKK 520 corresponding to a total […]
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12 December 2012

Axcel sells Royal Copenhagen

Axcel has sold Royal Copenhagen to the Finnish listed company Fiskars. With sales of around DKK 5.5 billion, Fiskars is one of the leading global producers of quality products for […]
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14 June 2012

Axcel in strategic collaboration with leading chinese investment company Fosun

China’s leading investment company Fosun International Ltd (Fosun) and Denmark’s leading private equity fund Axcel has announced a strategic collaboration. The agreement will be signed in connection with President Hu […]
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11 May 2012

Axcel sells Georg Jensen

Axcel sells jewellery, watch and design company Georg Jensen to Investcorp.
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2 February 2012

Best Battery Vacuum Cleaner of 2021 - Consumer Reports from Best & First

Best Battery Vacuum Cleaner of 2021 - Consumer Reports from Best & First
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29 January 2012

Axcel expands its team

Axcel brings JP/Politiken’s Lars Munch onto its industrial board in Denmark and strengthens its team in Sweden with the recruitment of new partner Lars Österberg.
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13 July 2011

Axcel raises Denmark's biggest-ever fund

Axcel has now raised Axcel IV, which at DKK 3.6bn will be Denmark’s biggest-ever private equity fund. Axcel IV has broad backing from previous investors and has also received commitments […]
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3 June 2011

Axcel to buy Cimbria

Axcel to buy Cimbria ‒ one of the world’s leading producers of equipment for the processing, handling and storage of crops
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22 April 2011

Axcel funds report investment return of DKK 11.5 BN

2010 was in many ways Axcel's best year yet – with the IPO of PANDORA, establishment of Axcel IV and preparation
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18 April 2011

Announcement from Axcel on behalf of Prometheus Invest

Following PANDORAs update on financial expectations for 2011 - released this morning to the market - Axcel, on behalf of the majority shareholder in PANDORA (Prometheus Invest), has noted that […]
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