LpG Holding ApS (LogoPaint) has been acquired by Erhvervsinvest
January 2015 — The management team and Epsilon Partners LLP have sold a 67% stake in LpG Holding ApS (LogoPaint) to Erhvervsinvest, a private equity firm that invests in small and medium-sized Danish companies, for an undisclosed consideration.
LogoPaint supplies 3D CamCarpetsTM, displaying sponsor logos in high impact format, to sports events worldwide. 3D CamCarpetsTM are two dimensional physical signs which are placed on or near the playing surface in sports stadiums but where the logo is distorted such that it appears to be “standing up” in 3D when viewed on television screens. 3D CamCarpetsTM have revolutionized sports advertising by opening up new space on and around the pitch for corporate sponsors to display their logos on TV.
Kurt Henning, CEO of LogoPaint said: "We look forward to continuing the development of LogoPaint and we will keep focusing on the great opportunities in the market. Erhvervsinvest is an owner with access to both capital and skills who can help us to take advantage of new opportunities together with the management and the employees." He added: “Oaklins found the right partner for us. A partner who can ensure our further expansion outside Europe.”
Our role in the transaction
Oaklins Cavendish, based in the UK, advised the seller in this transaction. Oaklins' Danish team identified the buyer.
Talk to the deal team
Lord Leigh of Hurley
Oaklins Cavendish
Related deals
Cibus has acquired Aweta from Standard Investment
Standard Investment has reached an agreement with Cibus Capital, advisor to the Cibus funds, on the sale of Aweta, a global leader in fruit and vegetable sorting, grading and packing equipment. Completion of the transaction is expected in the coming weeks. The transaction provides Aweta with a strong partner to support the company’s next growth phase. Under Cibus’ ownership, Aweta will pursue further international growth and accelerate investment in R&D, supporting the installed base and product innovation, including software and AI capabilities. Aweta’s leadership team will continue to lead the business.
Learn moreGroGlass has been acquired by Apogee Enterprises
Apogee Enterprises, Inc. (Nasdaq: APOG), a leading US provider of architectural building products, services and high-performance coated materials, has acquired GroGlass, a Latvia-based developer and manufacturer of high-performance anti-reflective and UV-protective glass coatings. The acquisition brings GroGlass’ differentiated coating technologies and materials science expertise into Apogee’s performance surfaces segment, broadening its product offering and market reach while expanding its manufacturing and R&D presence in Europe.
Learn moreNextalia has acquired a majority stake in Witapp
Nextalia SGR S.p.A. has acquired a majority stake in Witapp S.r.l., an Italian company specializing in software development for the digitization of healthcare infrastructure. The acquisition strengthens Nextalia’s track record in technology companies serving the public sector and supports its strategy of investing in businesses operating at the intersection of healthcare digitization and the modernization of public services.
Learn more