9 Acquisitions of Companies in Denmark

January 15, 2023
Acquisitions Hub

M&A activity has seen a steady increase across the globe over the past decade, especially in Denmark. Startups and technology companies have become very popular with private equity firms, strategic buyers and even family offices.

In this blog post, we are taking a closer look at 9 acquisitions that took place in Denmark .

DdD retail acquired by K3 Business Technology

Details about the transaction:

Acquisition amount:

$11,439,411

Announcement:

25 April 2016

Details about the company:

For merchants, especially those in the fashion industry, DdD retail is a very alluring cloud-based software solution.

Headquarter:

Køge, Sjelland, Denmark

Where to find them:

Industry:

Cloud Computing, Retail, Software

Details about the buyer:

K3 offers Microsoft-based company planning and management software and supports its installation and use.

Headquarter:

Manchester, Manchester, United Kingdom

Where to find them:

Innomate acquired by 24SevenOffice

Details about the transaction:

Acquisition amount:

$2,022,018

Announcement:

28 January 2022

Details about the company:

Web-based HR solutions are created and implemented by Innomate to assist businesses in streamlining and upgrading their HR procedures.

Headquarter:

Copenhagen, Hovedstaden, Denmark

Where to find them:

Industry:

Human Resources, Professional Services, Software, Web Development

Details about the buyer:

A Norwegian software firm called 24SevenOffice creates and sells SaaS-based solutions.

Headquarter:

Oslo, Oslo, Norway

Where to find them:

Miracle acquired by Knowit

Details about the transaction:

Acquisition amount:

$20,300,000

Announcement:

14 June 2022

Details about the company:

Miracle is an IT company that specializes in creating technical platforms through creativity, research, design, and implementation.

Headquarter:

Ballerup, Hovedstaden, Denmark

Where to find them:

Industry:

Consulting, Information Technology, Software, Web Hosting

Details about the buyer:

Knowit is a consulting firm that offers cross-functional and digital business solutions to develop distinctive consumer values.

Headquarter:

Arendal, Vastra Gotaland, Sweden

Where to find them:

Parseport acquired by Workiva

Details about the transaction:

Acquisition amount:

$100,000,000

Announcement:

1 April 2022

Details about the company:

Using XBRL services, ParsePort provides yearly and tax reporting services.

Headquarter:

Albertslund, Hovedstaden, Denmark

Where to find them:

Industry:

Database, Financial Services, Professional Services, Software

Details about the buyer:

Wdesk was developed by Workiva as a cloud-based platform for businesses to gather, organize, report, and analyze vital business data instantly.

Headquarter:

Ames, Iowa, United States

Where to find them:

Rebel Penguin ApS acquired by Gaming Innovation Group

Details about the transaction:

Acquisition amount:

$15,545,405

Announcement:

11 September 2017

Details about the company:

A Danish media firm called Rebel Penguin ApS specializes in affiliate marketing for the gaming industry.

Headquarter:

Copenhagen, Hovedstaden, Denmark

Where to find them:

Industry:

Advertising, Marketing

Details about the buyer:

Through its three B2B solutions, Gaming Innovation Group provides state-of-the-art cloud-based services and performance marketing.

Headquarter:

Bokeelia, Florida, United States

Where to find them:

Actimo acquired by Kahoot!

Details about the transaction:

Acquisition amount:

$33,000,000

Announcement:

16 September 2020

Details about the company:

Actimo is a simple-to-use platform for communication and engagement that helps you reach, educate, and manage your mobile workforce.

Headquarter:

Copenhagen, Hovedstaden, Denmark

Where to find them:

Industry:

Enterprise Software, Information Technology, Training, Unified Communications

Details about the buyer:

Kahoot! is a platform for game-based learning that makes it simple to design, share, and play entertaining educational games and trivia contests.

Headquarter:

Oslo, Oslo, Norway

Where to find them:

Coinify acquired by Voyager

Details about the transaction:

Acquisition amount:

$84,000,000

Announcement:

2 August 2021

Details about the company:

accepting bitcoin payments and buying cryptocurrency to assist businesses in accelerating expansion.

Headquarter:

Copenhagen, Hovedstaden, Denmark

Where to find them:

Industry:

Financial Services, FinTech, Internet, Mobile Payments, Payments, Point of Sale, Virtual Currency

Details about the buyer:

Using its mobile application, Voyager provides a safe way to invest in cryptocurrencies and alternative coinage.

Headquarter:

Wilmington, Delaware, United States

Where to find them:

PcP acquired by Lagercrantz Group

Details about the transaction:

Acquisition amount:

$50,294,250

Announcement:

6 June 2022

Details about the company:

PcP is a supplier of items including treads, scaffold boards, press-welded mesh gratings, plank gratings, and treads.

Headquarter:

Vildbjerg, Midtjylland, Denmark

Where to find them:

Industry:

Building Material, Manufacturing, Wholesale

Details about the buyer:

The Lagercrantz Group provides cutting-edge, value-generating technology through either its own products or third-party ones.

Headquarter:

Stockholm, Stockholms Lan, Sweden

Where to find them:

Shape Games acquired by Kambi

Details about the transaction:

Acquisition amount:

$78,000,000

Announcement:

8 September 2022

Details about the company:

Digital B-to-B platform and service provider for the iGaming sector, Shape Games.

Headquarter:

Copenhagen, Hovedstaden, Denmark

Where to find them:

Industry:

Consulting, Digital Marketing, Gaming, Software

Details about the buyer:

The solution provided by Kambi has the potential to drastically improve your company's financial performance.

Headquarter:

Malta, Illinois, United States

Where to find them: