About Axcel

30 years of building market leaders

Founded in 1994, Axcel is a Nordic private equity group focusing on four sectors: Technology, Business Services & Industrials, Healthcare and Consumer.


Our team in Stockholm and Copenhagen brings 30 years of experience in building market leaders through a collaborative mindset and a structured approach to value creation.


Axcel has raised seven funds with committed capital of more than EUR 4.1 billion from Nordic and international investors. We currently own 21 companies headquartered across the Nordics, and we have made a total of 71 platform investments, more than 300 add-on acquisitions and 50 exits.





4.1 bn

EUR committed capital


Current companies


Platform investments





Lasting transformations

At Axcel, we believe that when it comes to creating growth in a sustainable way, it is not only what you invest in, but how you invest it. Our proven Axcelerating Value Creation™ framework centres on swift implementation of targeted initiatives that drive profitable growth and positive impact.