Fundraising Fox

Axcel Management A/S

Private equity

Copenhagen · Growth · 66 people tracked

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Investment thesis

Axcel focuses on building durable value in the companies it backs, drawing on around 25 years of industry experience, a collaborative mindset and a structured value-creation framework. It applies capabilities across commercial excellence, buy & build strategies, digitalisation and sustainability. The firm invests selectively, targeting situations where it believes it can make a meaningful difference, and concentrates primarily on four sectors: Technology, Industrials & Business Services, Healthcare and Consumer.

Source: firm website, verified Aug 3, 2026.

Stage
Growth
HQ
Copenhagen, DK
Instruments
Equity
AUM
$5.2B
Tracked investments
35

Team · 66 people

from the firm's website
Björn Larsson· Partner
Jan-Nicolas Garbe· Partner

Partner at Axcel involved in the firm's carve-out investments and its expansion into Germany.

Johan Lundén· Partner
Kasper Olesen· Partner
Lars Cordt· Partner
Björn Forslin· Investment Manager
Ella Berglund· Investment Manager
Emelie Zhao· Investment Manager
Emma Elisabeth Brenøe· Investment Manager
Felix Thelen· Associate Director
Filip Flenhagen· Investment Manager
Frands Brockenhuus-Schack· Associate Director
Frederik Holm Andersen· Investment Manager
Gustav Arick-Nielsen· Associate Director
Henri Nurmela· Director
Henrik Nyberg· Investment Manager
Johannes Benzing· Director
John Falck· Associate Director
Nehna Møller-Pettersen· Investment Manager
Nils Elmlund· Associate Director
Oscar Freiesleben Hjort· Associate Director
Patrick Kjær· Investment Manager
Sonja Gerde· Director
William Carlheim-Gyllenskiöld· Investment Manager
Agathe Søndergaard Helle· Sustainability Associate
Armin Besic· Valuation & Data Manager
Caroline Pontoppidan· Board Member
Christian Rosenørn-Due· Finance Manager
Ekaterina Yaltykova· Senior Fund Controller
Emma Vase· Investor Relations Manager
Grit Heintze· Accounting Assistant
Hanna Lindberg· Executive Assistant
Hans Fechner· Associate
Helena Werner Söderman· Head of People and Culture
Jeppe Haghfelt· Student Assistant
Julie Søder· Executive Assistant
Karoline Søholt· Finance Manager
Lovisa Berglund· Analyst
Mathilde Hylleberg Andersen· Head of Compliance and Legal
Nadine Michel· Executive Assistant & Office Manager
Pia Barlebo· Head of Office Support
Sarah Hempel· Head of Sustainability
Sune Frandsen· Board Member
Susanne Ardai-Blomberg· Receptionist
Thomas Pedersen· Analyst

Investments · 35 tracked

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Accru Partners
Acurum Group
AGRD Partners

Business services & industrials company based in Sweden.

Bekk
BullWall
Capture One
Currentum
DANX Carousel Group
Edda Group
Elcor
emagine
Geomatikk Group

Technology company based in Norway.

GUBI
Init
itm8
KapitalKontroll
Lars Cordtaxcel.com

Axcel is a private equity investment firm that acquires and builds companies, applying expertise in commercial excellence, buy-and-build, digitalisation and sustainability.

Sector Agnostic

LS Retail
Movement Software
Nordic Tyre Group
NTI Group
Oral Care
Phase One
Progrits
Sangro
Sanviva

Healthcare company based in Denmark.

SuperOffice
The Nutriment Company
The Nutriment Company Premium Pet Food
Vetgruppen
Vetopia
Vetopia Denmark - 2021
Whistleblower Channelwhistleblowernetwork.net
XPartners

Frequently asked questions

What stage does Axcel Management A/S invest at?
Axcel Management A/S invests at the Growth stage.
What sectors does Axcel Management A/S focus on?
Axcel Management A/S focuses on Advanced Manufacturing, Consumer, Enterprise Software, Healthtech, Sector Agnostic.
Where is Axcel Management A/S located?
Axcel Management A/S is headquartered in Copenhagen, DK.

Images

Axcel Management A/S photoAxcel Management A/S photoAxcel Management A/S photo

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