Jens F. S. Zinck

Terma, a renowned Danish company, excels in combining Tech and Defense, spearheaded by top-notch professionals for decades. It's been an honor to learn from influential figures like former CEO Jens Måløe, board member Anders Eldrup, and Jørgen Huno Rasmussen. Not to forget, the innovative LinKS alumni Lars Gert Lose, serving on Terma's board. LinKS has had the. Honor of playing a role in educating and in shaping decision-makers in Denmark, from politicians to corporate leaders, with the world's leading business schools. Witnessing Europe unite under a common identity and business platform is truly remarkable, showcasing unprecedented speed and ambition. The recent news of ATP's investment in Terma underscores the significance of supporting Danish core competencies. ATP's bold move sets an example for investing in Europe, fostering global alliances in Defense and Tech. This strategic investment aligns with the vision for a strong and progressive European business landscape. #InvestinEurope #BuildglobalAlliances #DefenseandTech #ATP #Terma

12

1 Kommentar

Eviny's equity was recently valued to c. NOK 63bn (approx. USD 6bn) yielding an annual equity return (dividends adjusted) of c. 19% since 2016. From 2016 to 2023, the value of Eviny's hydro power facilities has increased dramatically with market perspectives on future power prices and hydro power's inherent capability to balance intermittent power. During the same period, Eviny has (i) nearly doubled capital invested in T&D, (ii) increased grid efficiency beyond market standard, (iii) made high-speed FTTH internet connectivity available for more than twice as many households as in 2016, (iv) constructed c. 1,700 CCS high-speed EV charging points, and (v) pioneered decarbonizing of the maritime industry through power-from-shore infrastructure investments. I am thrilled to contribute to Eviny's ambitious growth trajectory in constructing 2.5 TWh new energy, doubling grid capacity and further scaling zero-emission solutions for the transportation sector over the next ten years. Thanks to KPMG's Tor Harald Johansen, Gøran Hosen and their team for performing the valuation of Eviny 👏 News article in Norwegian below:

56

I echo MP Aaja Chemnitz's sentiments expressed in a recent article in the Greenlandic press: our politicians must advocate more vigorously for greater inclusion in the Defense sector. It's crucial to remember that Greenland stands as the sole Arctic territory within the Danish Nation, yet its presence in Denmark-led agreements often appears minimal. In recent times, there's been a worrying trend of overlooking Greenlandic requests, resulting in an imbalance in the cooperative spirit of the 'Rigsfællesskabet' or Commonwealth. The Greenlandic Government's insistence on fully physical present drones underscores the need for open tendering in the drone procurement process - an issue Denmark must address. While there may be specific drone preferences, Greenland's needs are not being adequately heard by Denmark. Thus, finding a compromise between the two parties is imperative. At Arctic Unmanned we are ready to assist any party that would like to be in Greenland. 𝘙𝘦𝘢𝘥 𝘵𝘩𝘰𝘴𝘦 𝘢𝘳𝘵𝘪𝘤𝘭𝘦𝘴 𝘪𝘯 𝘋𝘢𝘯𝘪𝘴��� 𝘧𝘰𝘳 𝘮𝘰𝘳𝘦 𝘶𝘯𝘥𝘦𝘳𝘴𝘵𝘢𝘯𝘥𝘪𝘯𝘨 𝘰𝘧 𝘵𝘩𝘦 𝘯𝘦𝘦𝘥𝘴 𝘧𝘳𝘰𝘮 𝘎𝘳𝘦𝘦𝘯𝘭𝘢𝘯𝘥 𝘴𝘪𝘥𝘦: https://lnkd.in/dcn5xzwA https://lnkd.in/dFa-ircJ

13

1 Kommentar

Social impact financing and the impact ecosystem is growing. Reach out and connect with Anne Smith Petersen and Diana Scalise if you want to learn more about their new impact investment foundation C4IF: "Capital 4 Impact Foundation is a social impact investment foundation, working through the global network of Plan International. We unlock private sector capital by mitigating risks and we leverage our presence and partnerships to bring social impact to scale while creating return on investment. We invite you to be more than an investor; be a changemaker."

8

Leading a turnaround from an interim CEO’s perspective - From a spare parts company with logistics operations to a logistics company with spare parts sales Yesterday we had the pleasure to listen to Gustaf Ljunggren, Executive Interim CEO, who told us about driving the turnaround of Orio. Orio was a state-owned company supplying spare parts for SAAB cars. After the successful turnaround, Orio was sold to Hedin Mobility Group. Main transformation focus areas:    - Personnel (ensure knowledge, skills & motivation) - Business operations (create profitability and growth) - Liquid assets (ensure positive cash flow) - Inventory (optimize inventory based on product profitability) - Properties and infrastructure (secure, upgrade, develop & exploit) Gustaf’s advice when driving a turnaround as an interim CEO: - A turnaround is painful and requires honesty and openness - It will be tough, and you must have 100% backing from the board - Make sure to have a good and frequent dialogue with the chairman of the board and the principal owner - Be attentive, visible, and present in the organization Read more about the turnaround of Orio here: https://lnkd.in/djB365Ar.. #interimmanagement #turnaround #event 

23

1 Kommentar

Trifork takes over the activities of Marstrand Innovation A/S 🚀 Exciting News! Trifork takes over the activities of software company, Marstrand Innovation, expanding our portfolio with the cutting-edge planning platform, Marstrand Planning Intelligence (MPI). MPI seamlessly integrates project, resource, service, portfolio, and budget management, offering unparalleled value to enterprises worldwide, including Denmark's ABB, SDC, Disa Industries, and Aarhus Vand. “We see great opportunities for MPI to add value to many of our existing customers, and at the same time, we also see potential for MPI to help open new doors. MPI is a very strong platform that we will continue to develop and expand, especially in the field of web and cloud-based solutions,” says Søren Vive, Director at Trifork Smart Enterprise. Nils Marstrand, founder and CEO of Marstrand Innovation, believes that Trifork is the perfect partner to continue to grow the great potential of the MPI platform, “It has been imperative for me to find a solution that both customers and employees would be happy with, and not least to find the best development and growth conditions for my life’s work, MPI. I am confident that all three wishes have been fulfilled in the agreement with Trifork." MPI's innovative four-dimensional architecture allows for tailored solutions across industries and locations, empowering organizations to optimize performance, manage bottlenecks, lead times, and processes effectively. We are thrilled to have them on board - welcome! Read the full press release here: https://lnkd.in/d_pS_raN #NextGenIT #DigitalTransformation #Innovation #EnterpriseSolutions

32

1 Kommentar

New column in Dagens Logistik. This time about the path dependence that we are stuck with. Video in English is on its way, will post that separately. #logistics #column #digital #ai

4

Join us in this M&A event. Below, more about inspiring sessions that can create further growth at Danish Growth Companies. #Tech #Scaleups #FastGrowingCompanies #SaaS #Funding #M&A #Growth

23

This morning we published our Interim Report for the first quarter of the year. CEO Nils Andén and interim CFO Patrick Kortman presented a solid report where total revenue grew 3% in constant currency and the underlying EBITDA increased 20% year-on-year. 🔸 Q1 provided an encouraging increase in underlying EBITDA, coming in at GBP 59.3m – the strongest quarter since Q3 2021. Cost efficiency efforts put in place at the end of 2023 are starting to pay off and indicate the scalability of the business. The total revenue came in on GBP 307.7 million, an increase of 3% in constant currency and representing a new all-time high of 84% of GWR from locally regulated markets. 🔸 The Netherlands, UK and Romania show strong growth, where Kindred continues to outgrow the market. The exit from North America is continuing according to plan and we expect to be operationally out of the market by end of Q2. 🔸 Kindred Sportsbook Platform(KSP) remains firmly on track with the platform now live in a test market. KSP is a fundamental value driver and product offering differentiator. We are now accelerating our roll-out to small non-strategic markets during Q2. 🔸 We now have our eyes set on a busy summer of sports that kicks-off towards the end of the second quarter. Nils Andén, CEO at Kindred Group said: “We have had a solid start to 2024 with the underlying business operations performing well and operational initiatives moving forward according to plan. The headcount reduction plans announced at the end of last year are progressing as intended and the North America exit is set to conclude towards the end of the second quarter this year. Our growth plan that we launched during the fourth quarter last year, focusing on Europe and Australia, continues at pace with dedicated strategic growth projects across locally regulated markets”. Link to Press Release: https://lnkd.in/dP2_sxiR #Q1FinancialResults #KindredGroup #InterimReport

162

Can't be more exited to share this update and the next milestone in our strategy and business development. With BusinessCode GmbH we are helping companies in the implementation of their digitalization, with BlueBox Systems GmbH we provide a SaaS product that helps companies in supply chains to digitalize their customer and partner interaction. With Kim Morch on board now we are helping companies to utilize the value of data and digitalization for their business. Please reach out if you want to learn more.

30

1 Kommentar

Kromann Reumert is advising Topdanmark A/S (Topdanmark) on a combination agreement pursuant to which Sampo plc (Sampo) will make a recommended public tender offer (share exchange offer) to the shareholders of Topdanmark for up to all shares (excluding treasury shares and those already owned by Sampo) in Topdanmark.   Our team is being led by a cross-practice team led by partners Christian Lundgren and Thejs Tofting with senior attorneys Rune Morthorst and Anna Bast Schmidt and assistant attorneys Youness Siamar and Cecilie Schwarz-Rosman. Regulatory advice was provided by partner Morten Kofmann and attorney Adrian Kielberg. Employment law advice was provided by partner Maria Bekke Eiersted and tax advice provided by partner Michael Nørremark and assistant attorney Christian Troest Iversen.   Highlights of the exchange offer:   🔹Sampo to acquire Topdanmark in a share exchange offer: Sampo, the Nordic insurance group, offers to buy up to all shares (excluding treasury shares and those already owned by Sampo) in Topdanmark, the Danish insurer, by exchanging 1.25 new Sampo shares for each Topdanmark share.   🔹Topdanmark shareholders to receive attractive premium and ownership in Sampo: The exchange ratio implies a value of DKK 366.38 per Topdanmark share and a premium of 27% based on the closing prices on 14 June 2024. The exchange offer values Topdanmark at DKK 33 billion. Topdanmark shareholders will own 10.3% of Sampo after the transaction.   🔹Topdanmark board recommends the exchange offer and Sampo shareholders to approve it: Topdanmark's board has unanimously decided, subject to its fiduciary duties, to recommend that Topdanmark's shareholders accept the exchange offer when made. Sampo's shareholders will vote on the exchange offer at an extraordinary general meeting.   🔹Sampo to integrate Topdanmark into its pan-Nordic business organisation: Sampo plans to combine Topdanmark with its subsidiary, If, to strengthen its position as a leading P&C insurer in the Danish market. Sampo expects to benefit from the complementary business models, distribution channels, market positions and competencies of Topdanmark and If. #ExceedExpectations

104

📢 Staggering numbers of bankruptcies continue to affect the Swedish economy New SCB data shows the highest number of employees affected by bankruptcies in 15 years. Over 7,800 employees were impacted from January to March 2024, a 65% increase from Q1 2023 and a 160% rise from Q1 2022. Major cities like Stockholm, Malmö, and Gothenburg were significantly affected, with Motala also experiencing a notable increase. This in turn is confirmed in current employment statistics with 9,2% unemployment rate for March 24 (+1,5% compared to the same period last year) and 68,3% of employed by population (-0,8% compared to March 23). Especially concerning is the unemployment level among young people aged 15-24% which increased by 3,1% reaching as much as 26,9%. For more details, check out the SCB full press release. #Bankruptcy #Sweden #Economy #SCB #Q12024 #BusinessNews #unemployment

19

Moalem Weitemeyer advised the VC fund Atomico, as lead investor, in connection with a EUR 13 million investment in Light.   Light has completely redefined ERP (Enterprise Resource Planning) software to offer a multinational accounting system for modern businesses. It features a general ledger capable of seamlessly managing all of a company’s global transactions and is built on robust database architecture and native AI technology 🤖💡   Thank you to Atomico and their team for trusting us with this investment.    The team from Moalem Weitemeyer consisted of Poul Guo (Quach) 郭保罗, Jeanette Kjeldgaard Rasmussen, Henrik Ringgaard Diget, Salam Al-Khafaji, Hadil El-Jamal, Fie Seibæk, Astrid Mandahl Christiansen and Patricia Alstrup Rasch. Links to press releases announcing the investment can be found in the comments below ⬇ #wededicate #erp #erpsoftware #venturecapital

44

2 Kommentarer

A great podcast between Andreas Thorsheim and Lucas H. Weldeghebriel talking about Otovos journey from 1 to 13 markets in less than 6 years and the challenges and excitements of scaling and expanding out of the Nordics at rapid pace. Otovo is an incredible story and I’m really proud that I have been allowed to play a part in their journey, and truly appreciate the generous mention by Andreas in regards to hiring the GMs across all Otovo markets. One topic that I think was missed in the discussion around hiring is the crucial role of the founders in getting top talent to not only show interested in the business, but in the end also joining. I truly believe that as much as a person joins a business at growth stage, they join the founders and the CEO because they believe in them, their vision, values, and ambition. In the ~15 years I’ve been doing this I’ve met very few founders with the ability to “close” top talent when they are put in front of them like Andreas, and that is one of the most valuable skills a founder can have. I highly recommend a listen (if you understand Norwegian). A very insightful conversation filled with valuable lessons and experiences. 🚀 ☀

23

Q1 2024 was yet another quarter of strong results, as net sales grew by 33.3% to SEK 253.4m and EBITDA by 37.3% to SEK 119.7m compared to last year. The growth is driven by more property sellers choosing to maximise their marketing on Hemnet through investing in Hemnet Premium, as well as 11 % more property listings compared to last year. 2024 has started with a number of welcomed positive signals on the property market with not only more listings on Hemnet, but also more transactions, higher prices as well as increasing price expectations from consumers. We look forward to a spring with hopefully continued, perhaps growing, activity and to continuing helping Swedish property buyers and sellers to increase their chances of a successful home sale https://lnkd.in/dUgkJaCE

65

2 Kommentarer

We have interviewed Einar Bonnevie, CFO of Omda. In the interview Einar explains where the company is today, the focus going forward and gives three reasons as to why Omda is a good investment today. Read the interview https://lnkd.in/dC3wq-56

4

Posten Bring increases its climate ambitions in Sweden and Denmark. Previously, the focus was largely on biofuels. Now, the course is set to shift towards electrification. In Denmark, electrification will fully commence in Copenhagen this year, and nationally next year. In Sweden, urban transport will be electric by 2025, and nationwide by 2027.

6

No need to radically change a good brand name when less is more. As of yesterday, PreSeed Ventures - rooted at DTU - Technical University of Denmark - is officially changing name to PSV. You may even have noticed the abbreviation as part of the different activities coming out of PSV, i.e. the coming fund, PSV DeepTech, which I am a founding partner of. PSV will continue as a venture house supporting and spinning out pre-seed stage activities. Its mission remains the same, and it’s at the heart of everything the venture house does: "Clearing the path for founders building companies that matter." PSV is a hybrid venture house, comprising PSV Foundry, PSV Lab, and two independent venture funds, PSV Tech and PSV DeepTech. Together, we can punch above our weight. #PSV #Venturehouse #DTU Marianne Hyltoft, Jakob Rybak-Andersen, Søren Jessen Nielsen, Agnethe Leonora Hjarnø Boysen, Jacob Graves Beck, Tora Houe, Heidi Linderod, Martin Kaas Haislund, Christel Piron, Mathias Bargholt, Alberte Schmidt Koefoed, Alice Bo Killemose, Rasmus Saaby Jensen, Freja Hejlskov, Emma Kjellander, Vita Helena Vig Nielsen, Ida Witzell Kløverholt, Jesper Hart-Hansen, Lasse Hansen, Bettina Andersson, Niels Korsholm, Merete Lundbye Møller, Jes Broeng, Marianne Thellersen, Helle Uth, Alexander Viterbo-Horten, Richard Breiter, Christian Dalsgaard, Sebastian von Wildenrath Wegmann Susanne Kure

85

11 Kommentarer

"You won’t find it difficult to prove that battles, campaigns, and even wars have been won or lost primarily because of logistics,” said General Dwight D. Eisenhower, the 34th POTUS. That’s why one of NATO's must-win battles is the global quantum computing race. In brief, the one with the best logistics will have an enormous advantage. And a quantum computer has the potential to give you just that. That’s why we at Kvantify have started a collaboration with Partisia. At Kvantify, we specialize in software for quantum computers; and we are, in all respects, one of the best companies in the world in our field. Partisia is a world-leading company when it comes to multiparty computation and encryption of data. When combining these highly specialized companies, we end up with a whole that’s greater than the sum of its parts. In brief – Kvantify will design the quantum algorithms, and Partisia will make sure that the exchange of information with one or more quantum computers happens in a secure way. And that is exactly what IT Watch has written an article about here 👉 https://lnkd.in/dj24FQuy In this context, we would like to thank Security Tech Space Aarhus, without whom this project wouldn’t have been possible. Security Tech Space Aarhus was created roughly a year ago at the instigation of the mayor of Aarhus, Jacob Bundsgaard. So, thank you once again, Jacob! #quantum #quantumcomputing #takethenextleap

31