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 45 platform investments and more than 80 major add-on investments, and 37 companies have been sold or floated. Axcel currently owns eight companies with combined annual sales of around DKK 7.3 billion and some 5,000 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.