Blue Equity raises more than DKK 700 million in first closing of fourth fund

The Danish private equity firm Blue Equity announces a first close of its fourth fund, Blue Equity IV, securing more than DKK 700 million from investors. The firm aims to raise additional capital, targeting a final fund size between DKK 800 million and DKK 1 billion.

The announcement follows the successful raise of Fund III in 2021, when investors committed DKK 750 million.

Founded in 2013, Blue Equity invests in small and medium-sized Danish companies with strong management teams and capabilities. The investment focus is on B2B companies with DKK 50 to 250 million in revenue that are ready for the next stage of growth.

The first close of Blue Equity IV was completed together with an investment in GoForward Group, a Danish freight forwarding company, specialising in sea and air freight.

Mazanti Transactions has advised Blue Equity in connection with the establishment of Blue Equity IV.