About Viegand Maagøe
- Gross profit 2021:
DKK 48 million. kr.
- Profit after tax 2021:
DKK 6 million. kr.
- 40% of the assignments are international
- Approx. 75 employees.
Circular business models
Sometimes you are allowed to choose the best partner. We have had the opportunity to do this with a new active investor in the form of Dansk Ejerkapital, which now owns 49 per cent of Viegand Maagøe. In addition, seven senior executives, including CEO Søren Eriksen, will join as partners. The founders of Viegand Maagøe, Jan Viegand and Peter Maagøe, have reduced their ownership accordingly.
The ambitions are high for the new collaboration that will create Northern Europe’s leading consulting house with a focus on sustainability and ESG (environmental, social and governmental factors in business operations).
Frederik Aackermann, partner in Dansk Ejerkapital, says:
’We have had a dialogue with Viegand Maagøe for a long time to make sure that we found the perfect match. This applies to employees, management teams and the right culture. This also applies to a large extent to services and potentials with both sustainability and ESG, which create value for the business and for society. We are happy to have found this with Viegand Maagøe, and we look forward to working with them.’
The new collaboration comes after five years with high growth rates for Viegand Maagøe and with a 2021 as a new record year.
Søren Eriksen, CEO and partner of Viegand Maagøe says:
’We are very proud to have Dansk Ejerkapital as a minority owner. Firstly, they are by far Denmark’s most experienced investors in SMEs, which we look forward to benefiting from. Secondly, they are very ambitious in the field of sustainability and ESG – both for us and their other companies. Thirdly, they buy in to our main driving force: Our very talented employees and value-based culture,’ he says.
Jan Viegand and Peter Maagøe now have a smaller ownership share. They both believe that the company will stand stronger than ever before while ensuring a generational change in due time.
’Peter and I want to secure the company and the employees in good time for the future. We have had a dialogue with several interested buyers over the last few years, and this has sharpened our criteria for what we believe is the best solution for the company. Dansk Ejerkapital has a slightly longer time perspective than others, and that is important. Just as they have bought into our talented employees and value-based culture, which is absolutely crucial to our success today,’ Jan Viegand says.
Viegand Maagøe comes out of 2021 with a revenue growth of 26 per cent and with 25 new employees hired during the last year.
In parallel with the investment from Dansk Ejerkapital, seven senior executives have now become partners:
With 27 years in the industry and more than 145 investments in small and medium-sized companies, Dansk Ejerkapital is one of Denmark’s oldest and most experienced private equity funds.
We always invest as a minority investor, and our advice and contributions are based on the company’s and owners’ DNA and values. We develop the companies in close collaboration with the owners and management in a number of different niches within technology, production, trade and service, and often with elements of management buy-out, incipient generational change or acquisitions and integration.Dansk Ejerkapital
Circular building materials
Resource efficient production