Executive Capital has acquired the majority stake in Fin-Tek Maskinfabrik

Executive Capital is a Danish-based investment company focusing primarily on investments in small and medium-sized enterprises. Executive Capital currently has15 active partners and the aim is to expand to 20 partners in 2011.

All the partners have a proven successful track record as senior executives and have committed themselves to investing both time, skills and own private savings in the development of interesting investment opportunities. Bruun & Hjejle assisted in the transaction, representing Executive Capital, with the team being led by senior associate, Michael Bierg Hansen.

He commented: “We have assisted them on a number of deals.”Forrester Boyd assisted in the transaction with the team being led by Mike Beckett, corporate finance partner.

He commented: “The main challenge was the tight timetable to the original date of completion, although this was later delayed for four weeks. The due diligence process conducted by the Buyer was comprehensive and we assisted our client in providing responses to the financial, tax and in some cases the legal due diligence questions.

The deal included the hive out of a business division of F Cross & Son which was not part of the sale which we also advised on.”