Axcel has agreed to acquire a majority stake in Phase One, a leader in high-end digital imaging technology, positioning both companies for significant growth in the market.

Information on the Target

Phase One A/S is a prominent technology firm specializing in high-end digital imaging software and equipment. The company operates through two primary divisions: Software Imaging Systems (SIS) and Image Capture Solutions (ICS). SIS focuses on providing raw image-processing software, particularly known for its Capture One brand, which has become a staple for professional photographers and enterprises. Meanwhile, ICS offers advanced medium-format camera systems designed for both industrial applications and specialty photography.

Over recent years, Phase One has succeeded in transforming itself into a market leader within the imaging technology sector, recording impressive growth largely driven by its software solutions. The company reported a remarkable annual revenue growth of approximately 40% over the past four years, and it anticipates continuing this upward trend through 2019. Headquartered in Copenhagen, Denmark, Phase One also maintains a global presence with operations in Germany, Hong Kong, Israel, Japan, and the United States.

Industry Overview in Denmark

The technology sector in Denmark has witnessed substantial growth, particularly in digital imaging and software solutions. With Denmark being home to a considerable number of innovative technology firms, there is an increasing demand for cutting-edge imaging s