Danish leader in access control systems sold to Vækst-Invest
Unitek, an access control systems provider, has been sold to Vækst-Invest. Oaklins’ team in Denmark acted as the sell-side M&A advisor in this transaction. Founded in 1985, Unitek specialises in access control systems for banks, retail stores, residential buildings, hospitals, and various other locations. The company provides advanced access control systems that efficiently manage and monitor building access. Its technology and business model cater to both large and small facilities, ensuring scalability and flexibility.
It has been a big help to have Oaklins on our side in the process. With Oaklins support we have landed a deal with Vækst-Invest that is not only satisfactory for the owners, but also the right deal for the company. Vækst-Invest will enable Unitek to unlock the full potential carefully build up over many years.LARS HALLUM – FOUNDER AND SHAREHOLDER, UNITEK
As the first line of defense in building security, Unitek’s solutions integrate all external security elements into a centralised management system. Additionally, the system including software allows real-time monitoring of users within a facility, meeting industryspecific requirements. The system also enables seamless communication with external alarm service providers and control centers. Unitek’s products are widely used by technical installation companies across Denmark. The system offers multiple functionalities, including access control to regulate entry, booking management for meeting rooms, and alarm system integration for automated or manual activation.
Read more about Unitek: www.unitek.dk
About Vækst-Invest
Vækst-Invest, a Danish private equity firm has acquired Unitek to support its growth and expansion. Vækst-Invest focuses on investing in small and midsized companies, and provides strategic guidance, risk capital, and access to an extensive professional network to drive long-term value creation.
Read more about Vækst-Invest: www.vaekstinvest.dk
Oaklins’ team in Denmark acted as the sell-side M&A advisor in this transaction.
This is our third transaction in a very active access control / security industry in Denmark over the past 18 months. We expect to see continued strong interest from trade as well as financial buyers, and accordingly further transactions.KIM HARPØTH JESPERSEN, MANAGING PARTNER, OAKLINS BEIERHOLM
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