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Lundgrens assists the founders of About Vintage with an investment from the investment company Brygge Partners

M&A
At Lundgrens, we are pleased to have assisted About Vintage ApS with the divestment of 30% of the company to Brygge Partners.

The Copenhagen watch company About Vintage started their growth journey 6 years ago. In 2020, About Vintage almost quadrupled its gross profit to more than DKK 7 million. DKK, while the bottom line was multiplied to small 2 mill. kr.

It was because of the corona pandemic that online sales were launched, and with Brygge Partners' investment, About Vintage wants to accelerate online sales further.

In a statement to Børsen, one of the founders of About Vintage, Thomas Andersen, says:

We started with DKK 50,000 each, but now, without having had a minus at any time, we have built up a brand that has an insanely large potential, especially in Asia. We and our co-investor, the watch wholesaler Stæhr, will now follow suit together with Brygge Invest. In other investments, they have shown that they can help lift companies to the next level.” 

The Director of Brygge Partners, Kent Ernst Hansen, calls About Vintage an exciting growth case that has the potential to become a really good business. Brygge Partners is a circle of Jutland investors that includes wealthy businesspeople. About Vintage is their 12th investment in an unlisted company.

Read more about About Vintage

Read more about Brygge Partners