Bregal Unternehmerkapital (“BU”) has agreed to acquire a majority stake in Uniconta A/S (“Uniconta”) for an undisclosed consideration, partnering with Founder and CEO, Erik Damgaard, who will continue as a significant minority shareholder. Under the partnership with BU, Uniconta will continue their journey as the preferred ERP platform for Danish SMEs and accelerate its growth journey into other European countries, with the goal of becoming a major international player.
About Uniconta
Uniconta is a cloud-native full-suite ERP platform built for SMEs, with a market-leading position in Denmark and an established presence in Germany, the Netherlands, Iceland and Lithuania. Uniconta was founded in 2015 by serial entrepreneur Erik Damgaard, the co-founder of Damgaard Data, later Navision, which was sold to Microsoft in 2002 in a multi-billion DKK deal. The Uniconta platform is highly sophisticated and designed to allow for a high degree of flexibility in terms of customisation and integrations, despite being a fully cloud-based SaaS platform. Since inception, Uniconta has successfully scaled through a partner-driven sales model, offering a compelling business case for their reseller network, who are able to build their business around the Uniconta platform through both subscription fees, implementation and consulting services, and end-customer specific customisations. Having a current stronghold in Denmark, the platform is built for international expansion, currently being used in 67 countries and fully available across 26 languages.
About BU
BU is a leading investment firm with offices in Zug, Munich, Milan and London. With more than €7bn in Assets under Management, BU is the largest mid-cap investor headquartered in the DACH region. With the mission to be the partner of choice for entrepreneurs and family-owned businesses, BU seeks to partner with market leaders and “hidden champions” with strong management teams and breakout potential. Since its founding in 2015, the funds advised by BU have invested in more than 150 companies with more than 29,000 employees, and thereby creating ~10,000 jobs.