The first of Erhvervsinvest’s six funds, Erhvervsinvest I, was established in February 2004 with a capital commitment of DKK 0.3 billion. Erhvervsinvest I’s return is in the top quartile amongst European private equity funds of its vintage. Erhvervsinvest II was established in September 2007 (capital commitment of DKK 0.7 billion), Erhvervsinvest III was established in June 2013 (capital commitment of DKK 0.9 billion), Erhvervsinvest IV was established in February 2017 (capital commitment of DKK 1.5 billion), Erhvervsinvest Sileo was established in June 2022 (capital commitment of DKK 0.6 billion) and most recently Erhvervsinvest V was established in July 2022 (capital commitment of DKK 1.0 billion after first closing). Overall, Erhvervsinvest has raised DKK 5.0 billion to invest in small and medium-sized well-run Danish companies.

The Danish business environment is characterized by a few large companies and many small and medium-sized companies, of which a significant share has a need for succession in the near future. In many of these companies, the business owner and CEO is the same person, so there is often a necessity for both a change of ownership and management.

Amongst the owners of small and medium-sized companies, there is a demand for risk capital combined with competencies within general management, financial management, internationalization, marketing, and human resources.

Erhvervsinvest Management is advisor for the Erhvervsinvest Funds.