The fast-growing wholesale company, Stock Group, has experienced investors join ita ownership circle.
Despite its relatively short history, starting in 2017, Stock Group has quickly established itself as one of the country's leading and most innovative wholesale companies. From their new domicile in Vejle, Stock Group offers a wide range of current and attractively priced non-food products with partnerships across the entire Danish retail industry. With a portfolio of strong brands, unique sales concepts and good old-fashioned merchantmanship embedded in their DNA, the company has been able to create lasting success and value for their customers.
Stock Group has managed to establish itself as a dominant player in a market characterized by significant competition, high capital ties and long customer relationships. The company, which has experienced massive growth rates since its foundation, realized an EBITDA of around DKK 30 million in the most recent financial year and expects to have a turnover of a nice three-digit million in 2024. The goal is to reach one billion and expand the overall concept to several European markets by for a shorter number of years.
Owner and founder of Stock Group, Rasmus Borup Nielsen, wanted to explore the possibility of a partial sale of the company in order partly to adjust risk and partly to expand and strengthen the competence set in the ownership group for the further journey. After a structured sales process with many interested buyers, the choice fell on KinCap Management, who, based on their experience from similar cases, was judged to be the ideal partner to further develop and professionalize the company. KinCap Management takes over the majority of the company, while Rasmus Borup Nielsen retains a significant minority.
DealHaus (IMAP Denmark) acted as exclusive corporate finance advisor to Stock Group throughout the process.