Vejle, DenmarkBlue Equity is a Danish lower and mid-market private equity firm founded in 2013 that makes partnership investments, typically 40 to 60 percent stakes and occasionally minority positions, in small and medium-sized Danish B2B companies with revenue of roughly DKK 50 to 300 million; it was set up on the initiative of utility SE and pension fund PFA and is backed by Danish pension funds, foundations and industrial investors such as PFA and Norlys.
Blue Equity is a Vejle buyout firm with 12 active companies and 19 exits.
- ·11 exits in the last 5 years · consistent DPI cadence.
- ·Average hold across 19 realized deals: 6 years.
- ·Top sector focus: Industrials (71% of portfolio).
- ·Fund cadence: ~4Y between vintages · last raise 2026.
Sector breakdown
31 companiesKey facts
Recent exits
Blue Equity sold DTK Group to NTG Nordic Transport Group A / S in 2025 after 5 years.
Blue Equity sold Idé-Pro to SP Group in 2025 after 6 years.
Blue Equity sold Fire Eater to Capidea in 2024 after 7 years.
Blue Equity sold Eltronic to Lars Jensen in 2024 after 11 years.
Coverage notes
4 funds tracked, 31 portfolio companies (12 active · 19 realized). Verified weekly from public filings and deal announcements.
Funds & portfolio
Every fund Blue Equity has raised, with its portfolio companies. Hand-checked from public filings.
Blue Equity IV K/SSmall-Mid Buyout20261 assetsSmall-Mid Buyout2026 · 0yr–1–
Unrealized
1 held| Company | Entry |
|---|---|
| GoForward Group Logistics · Denmark | 2026 |
Blue Equity III K/SSmall-Mid Buyout2021€101M8 assetsSmall-Mid Buyout2021 · 5yr€101M8–
Unrealized
8 held| Company | Entry |
|---|---|
| Dania Connect Industrials · Denmark | 2022 |
| ETK EMS Group Industrials · Denmark | 2021 |
| furnipart Consumer · Denmark | 2022 |
| KlimaEnergi Energy · Denmark | 2024 |
| Langebæk Business Services · Denmark | 2023 |
| NB Ventilation Industrials · Denmark | 2024 |
| Stenger & Ibsen Construction Construction · Denmark | 2021 |
| Treco Industrials · Denmark | 2026 |
Blue Equity II K/SHarvestingSmall-Mid Buyout2016€95M3 assets8 exitsSmall-Mid Buyout2016 · 10yr€95M38
Unrealized
3 held| Company | Entry |
|---|---|
| Bang & Beenfeldt Construction · Denmark | 2020 |
| Junget Industrials · Denmark | 2020 |
| Shark Solutions Industrials · Denmark | 2017 |
Realized
8 exits| Company | Entry | Exit | Type | Buyer | MOIC |
|---|---|---|---|---|---|
| BPI Industrials · Denmark | 2016 | 2022 | Trade Sale | Indutrade | – |
| Delegate IT Services · Denmark | 2018 | 2020 | Trade Sale | Broad Horizon | – |
| DTK Group Industrials · Denmark | 2020 | 2025 | Trade Sale | NTG Nordic Transport Group A/S | – |
| Fire Eater Industrials · Denmark | 2017 | 2024 | Secondary | Capidea | – |
| Graphic West Industrials · Denmark | 2016 | 2020 | Trade Sale | CCL Industries Inc. | – |
| Idé-Pro Industrials · Denmark | 2019 | 2025 | Trade Sale | SP Group | – |
| Inspari Data & Analytics · Denmark | 2020 | 2023 | Trade Sale | valantic | – |
| Pack Tech Industrials · Denmark | 2017 | 2023 | MBO | Christian Severin | – |
SE Blue Equity I K/SRealizedSmall-Mid Buyout2013€84M0 assets11 exitsSmall-Mid Buyout2013 · 13yr€84M011
Realized
11 exits| Company | Entry | Exit | Type | Buyer | MOIC |
|---|---|---|---|---|---|
| acti-Chem Industrials · Denmark | 2015 | 2022 | Trade Sale | Indutrade AB | – |
| Bramidan Industrials · Denmark | 2015 | 2021 | Secondary | Zefyr Invest | – |
| Controlled Polymers Industrials · Denmark | 2015 | 2020 | Trade Sale | Americhem | – |
| Danish Crane Building Industrials · Denmark | 2015 | 2019 | Secondary | Investor consortium | – |
| Dynatest Industrials · Denmark | 2014 | 2020 | Trade Sale | Eltronic Group | – |
| Eltronic Industrials · Denmark | 2013 | 2024 | MBO | Lars Jensen | – |
| EMT Nordic Industrials · Denmark | 2013 | 2016 | Trade Sale | KMD | – |
| Fairwind Energy · Denmark | 2014 | 2016 | Trade Sale | Consortium of Danish wind-industry businesspeople | – |
| Kohsel Industrials · Denmark | 2014 | 2024 | MBO | Kohsel family and AMBright | – |
| Primodan Industrials · Denmark | 2014 | 2021 | MBO | Management consortium | – |
| Roll-o-Matic Industrials · Denmark | 2013 | 2018 | Secondary | Maj Invest Equity | – |
Frequently asked questions
- What investment strategy does Blue Equity focus on?
- Blue Equity focuses on Buyout strategies in the private equity space.
- How many portfolio companies does Blue Equity have?
- Blue Equity has 12 active portfolio companies and 19 completed exits and 4 funds tracked on GP Intel.
- Where is Blue Equity headquartered?
- Blue Equity is headquartered in Vejle, Denmark.
- When was Blue Equity founded?
- Blue Equity was founded in 2013.
- What sectors does Blue Equity invest in?
- Blue Equity invests across Industrials, Business Services, Consumer, Energy.
- What are Blue Equity's recent exits?
- Recent realized exits by Blue Equity include: DTK Group (2025) to NTG Nordic Transport Group A/S; Idé-Pro (2025) to SP Group; Fire Eater (2024) to Capidea; Eltronic (2024) to Lars Jensen; Kohsel (2024) to Kohsel family and AMBright; Inspari (2023) to valantic; Pack Tech (2023) to Christian Severin; BPI (2022) to Indutrade.
Similar firms
Other private equity firms tracked on GP Intel.
