What investment strategy does Erhvervsinvest focus on?

Erhvervsinvest focuses on Buyout strategies in the private equity space.

How many portfolio companies does Erhvervsinvest have?

Erhvervsinvest has 19 active portfolio companies and 16 completed exits and 6 funds tracked on GP Intel.

Where is Erhvervsinvest headquartered?

Erhvervsinvest is headquartered in Charlottenlund, Denmark.

When was Erhvervsinvest founded?

Erhvervsinvest was founded in 2004.

What sectors does Erhvervsinvest invest in?

Erhvervsinvest invests across Industrials, Consumer, Business Services.

What are Erhvervsinvest's recent exits?

Recent realized exits by Erhvervsinvest include: Epoke (2025) to Lagercrantz Group; Design Eyewear Group (2024) to Consortium of minority investors; CC European Retail (2022) to HB RTS; Container Centralen (2021) to VGB (Vereniging Van Groothandelaren in Bloemkwekerijproducten); Gertsen & Olufsen (2021) to Polaris; PCH Engineering (2021) to KK Wind Solutions; Scanbur (2020) to HMIG; Damolin (2017) to Imerys.

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Erhvervsinvest

Charlottenlund, Denmark·Founded 2004·

Buyout

·erhvervsinvest.dk

Erhvervsinvest is a Danish lower-mid-market private equity firm founded in 2004 and based in Charlottenlund that acquires majority stakes in well-managed Danish SMEs in manufacturing and services with revenue of roughly DKK 75-750 million, developing them through buy-and-build and operational improvement.

AUM

–

Funds

vintages 2004–2022

Portfolio

Exits

Erhvervsinvest is a Charlottenlund buyout firm with 19 active companies and 16 exits.

SectorsIndustrials Consumer Business Services

Key takeaways

·6 exits in the last 5 years · consistent DPI cadence.
·Average hold across 16 realized deals: 6 years.
·Top sector focus: Consumer (34% of portfolio).
·Fund cadence: ~4Y between vintages · last raise 2022.

Sector breakdown

35 companies

Consumer

12 · 34%

Industrials

12 · 34%

Logistics

3 · 9%

Agriculture

2 · 6%

Healthcare

2 · 6%

Construction

1 · 3%

Business Services

1 · 3%

Gaming

1 · 3%

Geography breakdown

2 geographies

Denmark

34 · 97%

1 · 3%

Key facts

HQCharlottenlund, Denmark

Founded2004

Websiteerhvervsinvest.dk

Recent exits

Erhvervsinvest sold Epoke to Lagercrantz Group in 2025 after 10 years.

Erhvervsinvest sold Design Eyewear Group to Consortium of minority investors in 2024 after 12 years.

Erhvervsinvest sold CC European Retail to HB RTS in 2022 after 5 years.

Erhvervsinvest sold Container Centralen to VGB (Vereniging Van Groothandelaren in Bloemkwekerijproducten) in 2021 after 4 years.

Coverage notes

6 funds tracked, 35 portfolio companies (19 active · 16 realized). Verified weekly from public filings and deal announcements.

Funds & portfolio

Every fund Erhvervsinvest has raised, with its portfolio companies. Hand-checked from public filings.

6 funds

Fund

Strategy

Vintage

Size

Assets

Exits

Erhvervsinvest SileoRealized

Secondaries20220 assets2 exits

Secondaries

2022 · 4yr

–

Realized

2 exits

Company	Entry	Exit	Type	Buyer	MOIC
Design Eyewear Group Consumer · Denmark	2012	2024	Secondary	Consortium of minority investors	–
Epoke Industrials · Denmark	2015	2025	Trade Sale	Lagercrantz Group	–

Erhvervsinvest V

Small-Mid Buyout2022€152M4 assets

Small-Mid Buyout

2022 · 4yr

€152M

–

Unrealized

4 held

Company	Entry
Bisca Consumer · Denmark	2024
Estron Industrials · Denmark	2023
Fayrefield Consumer · Denmark	2025
Them Andelsmejeri Consumer · Denmark	2026

Erhvervsinvest IVHarvesting

Small-Mid Buyout2017€196M8 assets2 exits

Small-Mid Buyout

2017 · 9yr

€196M

Unrealized

8 held

Company	Entry
Arminox Construction · Denmark	2018
Bogballe Industrials · Denmark	2017
Container Centralen Inc. Logistics · US	2017
Delika Food Group Consumer · Denmark	2021
Dykon Consumer · Denmark	2018
GASA Group Agriculture · Denmark	2017
Robco Engineering Industrials · Denmark	2018
Tjellesen Max Jenne Healthcare · Denmark	2022

Realized

2 exits

Company	Entry	Exit	Type	Buyer	MOIC
CC European Retail Logistics · Denmark	2017	2022	Trade Sale	HB RTS	–
Container Centralen Logistics · Denmark	2017	2021	Trade Sale	VGB (Vereniging Van Groothandelaren in Bloemkwekerijproducten)	–

Erhvervsinvest IIIHarvesting

Small-Mid Buyout2013€117M6 assets4 exits

Small-Mid Buyout

2013 · 13yr

€117M

Unrealized

6 held

Company	Entry
Agrometer Industrials · Denmark	2016
European Freeze Dry Consumer · Denmark	2015
Fletco Consumer · Denmark	2016
Gaming Gaming · Denmark	2016
Randers Reb Industrials · Denmark	2017
Samso Syltefabrik Consumer · Denmark	2015

Realized

4 exits

Company	Entry	Exit	Type	Buyer	MOIC
Amayse Business Services · Denmark	2015	2019	–	–	–
Gertsen & Olufsen Industrials · Denmark	2014	2021	Secondary	Polaris	–
PCH Engineering Industrials · Denmark	2015	2021	Trade Sale	KK Wind Solutions	–
Scanbur Healthcare · Denmark	2014	2020	Secondary	HMIG	–

Erhvervsinvest IIRealized

Small-Mid Buyout20070 assets4 exits

Small-Mid Buyout

2007 · 19yr

–

Realized

4 exits

Company	Entry	Exit	Type	Buyer	MOIC
Damolin Industrials · Denmark	2010	2017	Trade Sale	Imerys	–
Mejerigaarden Consumer · Denmark	2010	2015	Trade Sale	Food Union	–
Riegens Industrials · Denmark	2007	2015	Trade Sale	SG Armaturen	–
Tresu Industrials · Denmark	2010	2017	Secondary	Altor	–

Erhvervsinvest IHarvesting

Small-Mid Buyout20041 assets4 exits

Small-Mid Buyout

2004 · 22yr

–

Unrealized

1 held

Company	Entry
Them Mejeri Consumer · Denmark	2026

Realized

4 exits

Company	Entry	Exit	Type	Buyer	MOIC
Ellegaard Industrials · Denmark	2005	2013	Secondary	Capidea	–
Hurup Mobelfabrik Consumer · Denmark	2007	2011	–	–	–
Roshield Aerospace & Defence · Denmark	2007	2008	Trade Sale	TenCate Protective Fabrics	–
Vikima Seed Agriculture · Denmark	2004	2009	Trade Sale	Takii & Co.	–

Frequently asked questions

What investment strategy does Erhvervsinvest focus on?: Erhvervsinvest focuses on Buyout strategies in the private equity space.
How many portfolio companies does Erhvervsinvest have?: Erhvervsinvest has 19 active portfolio companies and 16 completed exits and 6 funds tracked on GP Intel.
Where is Erhvervsinvest headquartered?: Erhvervsinvest is headquartered in Charlottenlund, Denmark.
When was Erhvervsinvest founded?: Erhvervsinvest was founded in 2004.
What sectors does Erhvervsinvest invest in?: Erhvervsinvest invests across Industrials, Consumer, Business Services.
What are Erhvervsinvest's recent exits?: Recent realized exits by Erhvervsinvest include: Epoke (2025) to Lagercrantz Group; Design Eyewear Group (2024) to Consortium of minority investors; CC European Retail (2022) to HB RTS; Container Centralen (2021) to VGB (Vereniging Van Groothandelaren in Bloemkwekerijproducten); Gertsen & Olufsen (2021) to Polaris; PCH Engineering (2021) to KK Wind Solutions; Scanbur (2020) to HMIG; Damolin (2017) to Imerys.