Axcel Management A/S

Investor type

PE

Founded

1994

AUM

$2 100 M

Location

Copenhagen, Capital Region of Denmark, Denmark

Investment Ticket

$1-5 m

Investment Stage

Series B

Region of investment

Europe
Investor profile last updated: 21 August, 2026

Profile

Axcel was founded in 1994 by a group of investors from Denmark's largest financial and industrial institutions. Axcel is a Nordic private equity firm focusing on mid-market companies and has a broad base of both Danish and international investors. Axcel has raised four funds with total committed capital of around DKK 10 billion and has made 45 investments along with 80+ significant bolt-on acquisitions.

Industry

Electronics Healthcare Services Industrial IT Services Gaming Marketing and Advertising Media and Entertainment Real Estate Energy AdTech

Contacts

Name
Title
Email
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Christian Frigast Founder & Executive Chairman
Founder & Executive Chairman
c•••@•••
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Christian Schmidt-Jacobsen Managing Partner
Managing Partner
c•••@•••
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Investment-team contacts for Axcel Management A/S — including verified work emails and LinkedIn profiles — are available to Private Equity List subscribers.
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FAQs about Axcel Management A/S

Axcel Management A/S is a private equity firm. It backs companies at Series B, writing tickets of $1-5 m.
Axcel Management A/S is located in Copenhagen, Capital Region of Denmark, Denmark.
Axcel Management A/S was founded in 1994.
Axcel Management A/S invests in companies and startups in Electronics, Healthcare Services, Industrial, IT Services, Gaming, Marketing and Advertising, Media and Entertainment, Real Estate, Energy, AdTech.
Axcel Management A/S invests in companies and startups in Europe.
Axcel Management A/S invests in companies and startups at Series B.
Axcel Management A/S usually invests $1-5 m on average.
Axcel Management A/S has around $2 100m assets under management.
Axcel Management A/S can be reached through its website uk.axcel.dk/frontpage.aspx, its LinkedIn page and its X account. Its general enquiries address is [email protected]. Cold-mailing a general inbox rarely reaches a partner, so Private Equity List also lists the investment-team contacts for Axcel Management A/S — names, roles, verified work emails and LinkedIn profiles — available on a Pro plan from $129/month (see pricing). Contacts are sourced from the firm's website and LinkedIn and re-verified on a rolling cycle. Spot a stale contact, or none at all? Report it — we re-run that firm within 48h and get back to you.
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Private Equity List re-verifies investor profiles on a rolling cycle, pulling from the firm's own website and LinkedIn rather than a one-off import. This profile was last updated on 21 August, 2026. Something out of date here? Report it — we re-run that firm within 48h and get back to you.