Capidea acquires Houkjær Begravelse

Case News
Plesner acted as legal adviser to the Danish private equity fund Capidea in connection with the acquisition of a majority stake in Houkjær Begravelse ApS, Denmark's largest funeral services provider.

Capidea has acquired Houkjær Begravelse, Denmark's largest funeral services provider. Founded and led by Jakob Houkjær, Houkjær Begravelse has built a nationwide platform with more than 100 branches and a market share exceeding 10%, driven by a highly successful buy-and-build strategy.

Following the transaction, Jakob Houkjær will continue as a shareholder in the company and leading the company's operations - now supported by Capidea as a strategic partner. 

The acquisition reflects Capidea's continued strategy of partnering with competitive Danish small and medium-sized companies with strong market positions and growth potential. 

Capidea currently manages four funds with total capital commitments of DKK 3.6 billion.

The transaction is subject to customary regulatory approval. 

Plesner's core M&A team on the transaction comprised Henrik Rossing Lønberg, Iben Møller Vollesen and William Hellmann.

Read Capidea's press release