The office will be led by Mads Nørgaard, who joins Credo as Director after seven years at the Danish investment company C.W. Obel. With strong local roots and deep investment experience, Mads will play a central role in expanding our presence in Denmark. Locating the office in Aarhus reflects our belief in the strength and potential of Jutland’s business community — and our ambition to be closer to the companies we serve.

The Danish expansion comes alongside the launch of our new NOK 1 billion fund, focused on scaling B2B service and technology companies in the Nordics. We aim to make 7–8 platform investments through the fund, with 30–40% of the capital expected to be deployed in Denmark. We are already in dialogue with several promising companies and expect to make our first investments in the near future.

Credo has a strong history in the Danish market, including previous investments in Globus Wine and Geia Food. We also continue to support growth in the installation services sector through Koble, a platform company established in collaboration with four local electrical contractors. Today, Koble consists of 12+ installation companies with a combined revenue of over DKK 600 million.

We look forward to deepening our partnerships in Denmark and contributing to the long-term success of ambitious, value-driven companies.