The shareholders of SiteCover have sold the company to Kirk Kapital.
SiteCover rents out patented full-coverage structures for construction sites, providing protection against rain and wind. The cover is a self-supporting structure reaching up to 30 meters in height, capable of covering the entire construction site, and includes integrated overhead cranes in the roof structure for lifting tasks. Among its clients are developers such as A.P. Møller Maersk, Novo Nordisk, Dansk Erhverv, and NREP.
SiteCover was founded in 2012 by Jacob Maintz and Claus Vilhelm Hansen. Jacob Maintz and Martin Svane will continue as co-owners of the acquiring company and as CEO and Head of Operations, respectively. The selling shareholders include private investors Svend Erik Kriby and Claus Vilhelm Hansen, as well as Welfare Tech Invest.
Kirk Kapital is a family-owned investment company with a long-term focus on strategic minority investments in market-leading companies across Scandinavia. The company was founded by the Kirk Johansen family, descendants of LEGO founder Ole Kirk Christiansen. Kirk Kapital currently holds 18 active strategic investments and manages approximately EUR 3.5bn.
With the investment, Kirk Kapital aims to support SiteCover’s significant growth potential and accelerate its expansion in the coming years.
Accura advised the sellers of SiteCover in connection with the transaction.
Photo: Sitecover