- The investment fund Accent Equity 2017 has signed an agreement to acquire Lyngsoe Systems from CataCap
- Lyngsoe Systems is a leading software developer and system integrator of advanced logistical solutions within asset-tracking and automation
- Management and key personnel will co-invest and continue to develop the company and pursue accelerated growth
The investment fund Accent Equity 2017 has signed an agreement to acquire Lyngsoe Systems from CataCap and a number of minority investors. Lyngsoe System’s management team and other key personnel will co-invest and continue to develop the company to pursue accelerated growth in close cooperation with Accent Equity.
Lyngsoe Systems is one of the world’s leading software developers and system integrators of logistical solutions. The company’s advanced solutions include asset-tracking and automation for a wide range of complex logistical environments within the airport, postal, supply chain, library and healthcare industries.
“The disruptions caused by the pandemic have increased global companies’ need to build more resilient supply chains and automate their processes. With our unique competencies within digitalizing logistics and supply chains, we are well positioned to expand into this market and realize our growth potential. We are very pleased that Accent Equity is now joining the ownership group as it enables us to accelerate our growth ambitions in the coming years”, says Villads Thomsen, CEO of Lyngsoe Systems.
“We strongly believe in Lyngsoe Systems and very much look forward to working with the management and its employees. Despite the pandemic, Lyngsoe Systems has laid a strong foundation for future profitable growth during the last couple of years while also being uniquely positioned in the market. But what really comes across in our due diligence of Lyngsoe Systems is the knowledge level and expertise of its employees. We absolutely look forward to the journey ahead”, says Carl Fürstenbach, Partner at Accent Equity.
The transaction is subject to customary closing conditions and is expected to close during end of August 2022.
For additional information, please contact:
Carl Fürstenbach, Partner at Accent Equity, +46 70 322 98 99, carl.furstenbach@accentequity.se
Villads Thomsen, CEO of Lyngsoe Systems, +45 2544 3200,
vth@lyngsoesystems.com
About Lyngsoe Systems:
Founded in 1952, Lyngsoe Systems has become one of the world’s leading software developers and systems integrators of logistics solutions for a wide range of complex logistics chain environments within the airport, postal, supply chain, library and healthcare markets. The company has been designing, installing and maintaining control and track-and-trace systems for more than 40 years and is the leader within the radio frequency identification (RFID) technology market. With more than 5,000 installations worldwide in more than 60 countries, the Lyngsoe team demonstrates extensive customer process knowledge and advanced expertise within solution design, software development, integration, service and maintenance. The group employs more than 220 people and reported a revenue of c. DKK 316 million in 2021.
lyngsoesystems.com
About Accent Equity:
Accent Equity has since 1994 invested in private Nordic companies where a new partner or owner can serve as a catalyst. Our ambition is to invest in and develop the companies to be Nordic, European or Global leaders through a professional, hands-on and long-term oriented approach that results in superior and sustainable returns.
accentequity.se
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