The funds advised by Bregal Unternehmerkapital (“BU”) has acquired a majority stake in the Danish software company Uniconta, including its two distributors in Germany and the Netherlands.
Founded in 2015 by IT entrepreneur Erik Damgaard, Uniconta develops and sells a cloud-based, all-in-one accounting and ERP (Enterprise Resource Planning) system targeted at small and medium-sized businesses. Today, Uniconta’s solutions are used by more than 45,000 companies in 67 countries.
Erik Damgaard will remain a significant shareholder and will continue to lead the development of Uniconta as CTO.
BU is a leading investment firm with offices in Zug, Munich, Milan and London. With more than EUR 7bn in assets under management, BU is the largest mid-cap investor headquartered in the DACH region. Since its founding in 2015, the funds advised by BU have invested in more than 150 companies with more than 29,000 employees.
Together, the new partners aim to build on Uniconta’s strong position in its home market Denmark, while accelerating its expansion across Europe.
Accura advised BU in connection with the transaction.