Firm at a glance
Capidea is a platform private equity firm founded in 2006 and headquartered in Copenhagen, Denmark, per its own website [S1].
What they buy
The firm’s portfolio demonstrates activity across a range of sectors including industrial manufacturing, business services, and consumer-facing businesses [S1]. Observed investments span funeral services, fire protection, IT consulting, travel services, marketing services, and corporate gifts, among others [S1]. The firm has completed approximately two add-on acquisitions in the trailing twelve months as of early 2025, suggesting an active buy-and-build approach [S1]. Capidea reports total capital commitments of approximately 3.6 billion Danish kroner across four funds, with Fund IV representing the current vintage [S1].
Portfolio
Industrial Manufacturing
HASLE REFRACTORIES A/S and Hoyer VMS Group (acquired February 2025) [S1][S2].
Business Services
Right People Group (IT consulting), InterMail (marketing services), Digital Group (print solutions), TourCompass (travel services), and GaveFabrikken (corporate gifts, acquired August 2024) [S1][S2].
Manufacturing and Fire Protection
Guardique Products (manufacturing) and Fire Eater (fire protection) [S1].
Consumer and Other
Houkjær Begravelse (funeral services), Guldager, Wellvita, European House of Beds, Fairpoint Outdoors, Maki, Hvacon Marine Systems, Feline, and Dancover [S1].
Recent activity (last 24 months)
* Knowit Consulting Services A/S (add-on, May 5, 2025) [S2]
* Hoyer (acquisition, February 5, 2025) [S2]
* XDC Gruppen A/S (add-on, October 1, 2024) [S2]
* GaveFabrikken (acquisition, August 21, 2024) [S2]
* Avenida Consult (add-on, April 25, 2024) [S2]
How this firm fits a seller
Capidea appears to pursue a buy-and-build strategy, evidenced by multiple add-on acquisitions supporting existing platforms in IT consulting and other sectors [S2]. The firm’s portfolio spans both niche industrial businesses and consumer-facing service companies, suggesting comfort with diverse business models [S1]. For owner-operators in Denmark or the broader Nordic region operating in business services, industrial manufacturing, or specialized consumer sectors, the firm’s demonstrated transaction activity and multi-fund track record may represent a relevant acquirer [S1][S2]. The firm’s recent pace of approximately five transactions over the past year indicates ongoing deployment activity [S2].
Sources
[S1] https://capidea.dk (as of 2025-01-15)
[S2] https://capidea.dk/pressehistorier/ (as of 2025-01-15)
Frequently asked questions
Does Capidea buy IT consulting businesses?
Yes, the firm has demonstrated activity in IT consulting, with Right People Group in its portfolio and two add-on acquisitions in the sector (Avenida Consult in April 2024 and Knowit Consulting Services in May 2025) [S1][S2]. This suggests an active platform in the IT consulting space.
What companies has Capidea acquired recently?
Recent acquisitions include Hoyer VMS Group in February 2025 and GaveFabrikken in August 2024, alongside add-on transactions such as XDC Gruppen A/S in October 2024 and Knowit Consulting Services in May 2025 [S2].
Where is Capidea based and how big is the firm?
Capidea is based in Copenhagen, Denmark, with reported total capital commitments of approximately 3.6 billion Danish kroner across four funds as of early 2025 [S1]. The firm is currently deploying Fund IV [S1].
Is Capidea still actively acquiring?
Yes, the firm completed five transactions between April 2024 and May 2025, including both platform acquisitions and add-ons, indicating active deployment [S2].
This profile is maintained by CT Acquisitions as an independent third-party reference. CT Acquisitions is not affiliated with, endorsed by, or a representative of the firm profiled. All facts sourced from publicly available materials as of the dates cited.