News

Lundgrens assists Axcel with their acquisition of VetGruppen

M&A
At Lundgrens, we are proud to have assisted Axcel in their acquisition of the Danish company VetGruppen.

Founded in 1994, Axcel is a Nordic private equity firm focusing on mid-market companies, with a broad base of both Nordic and international investors. Axcel has raised six funds with total committed capital of over EUR 2.5 billion. These funds have made 59 platform investments with well over 100 major add-on investments, 43 exits. Axcel currently owns 16 companies.

VetGruppen was founded in May 2019 with the ambition of becoming a leader in the industry. Today, the company comprise 22 established clinics in Denmark. Its vision to provide pets and their owners with the highest quality of care, customer service and availability.

Björn Larsson, Partner with responsibility for the partnership at Axcel, adds:

“We are very proud to partner with VetGruppen and deeply impressed by the culture of development, knowledge sharing and quality of care. Their clinics, employees and the whole team at VetGruppen have done a tremendous job of creating a strong platform for future growth, and we very much look forward to contributing to the development of veterinary care together with VetGruppen.”

Read more here: https://www.axcel.dk/axcel-partners-with-vetgruppen-and-its-founders/

Lundgrens assisted Axcel with legal advice during the entire process in connection with the acquisition.

Lundgrens’ core transaction team consisted of:

Christian Scherfig
Telefon: +45 2025 6855
E-mail: csc@lundgrens.dk

Stine Bernt Stryhn
Telefon: +45 5192 6989
E-mail: sts@lundgrens.dk

Julie Cathrin Hartvig-Rovsing
Telefon: +45 2524 5173
E-mail: 2524 5173

Marie Louise Aagaard
Telefon: +45 9189 6404
E-mail: maa@lundgrens.dk