Industrial automation

Deal value

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Advised the shareholders of Picca Automation in the sale to Axcel

Founded in 1988, Picca Automation is a leading provider of industrial automation services and software solutions to public and private customers in Denmark. Picca Automation has more than 100 employees across four locations in Denmark

Axcel is a leading Nordic private equity fund investing in the mid-market. Axcel has raised six funds with a total committed capital of EUR 2.8 billion

The partnership between Picca Automation and Axcel aims to build a leading Nordic industrial automation partner by continuing to attract top talent, developing value-creating solutions and acquiring other industrial automation companies across the Nordic region