
Maj Invest purchases 50% stake in Victor Gruppen
Nordic private equity house Maj Invest Equity has acquired a 50% stake in Danish restaurant company Victor Gruppen for an undisclosed amount.
The management and owners will own the remaining 50%. The investment will be used to expand the company's presence in Copenhagen, with a view to growing internationally in the long term.
The capital comes from Maj Invest Equity V. The €300m fund launched last year and has completed two deals in 2017, both for technology companies. It operates in the lower-mid-market, targeting small- and medium-sized firms with revenues between €13-130m.
Company
Victor Gruppen owns a range of restaurants in Copehagen including Café Victor, Fiat, Geist and Restaurant Kanalen. The group has nine restaurant sites overall, which share administration, accounting and HR.
Founder and CEO Torben Olsen bought Café Victor in 1990, before expanding the group with more restaurants in the city centre, each focused on casual fine dining.
People
Maj Invest Equity – Erik Holm (managing partner).
Victur Gruppen – Torben Olsen (founder, CEO).
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