Axcel is investing in TeamVikaren/PersonaleBørsen, Protemp, and Moment to create a leading company in Denmark's temporary staffing industry.

Information on the Target

Axcel is making a strategic investment in TeamVikaren/PersonaleBørsen, Protemp, and Moment, collectively establishing a leading company within the Danish temporary staffing industry. The three agencies complement one another in various segments and geographic areas, thereby enhancing and fortifying each other's operational strengths. This collaborative effort aims to optimize what is currently the most robust IT platform within the industry, ultimately elevating the agencies' business operations and customer offerings.

Steen Brøndum, the founder of TeamVikaren/PersonaleBørsen, expressed enthusiasm about the merger: "We’re delighted to be part of the new group. We supplement each other in obvious areas like geography and sector specialization, and we share a basic view on things like customer loyalty and employee satisfaction." While TeamVikaren/PersonaleBørsen primarily serves the Jutland region, Moment holds a significant market share in Zealand. Protemp, based in Fredericia, is well-regarded for its specialization in the construction sector.

Industry Overview in Denmark

The temporary staffing industry in Denmark has been experiencing substantial growth over the past few years, reflecting broader trends in flexible labor markets across Europe. As businesses continuously seek agile workforce solutions, the demand for temporary staffing