ERP giant Uniconta joins forces with investor BU. Uniconta A/S, the Danish provider of modern cloud ERP software, has taken a strategic step to accelerate its European growth ambitions. Investment company Bregal Unternehmerkapital (BU) is acquiring a majority stake in the company, including its subsidiaries in Germany and the Netherlands. This capital injection and the strategic expertise of BU are expected to enable Uniconta to grow from a strong Danish player into a leading European provider of flexible cloud solutions for small and medium-sized enterprises (SMEs). Founder Erik Damgaard, a legendary figure in the ERP world due to his earlier work on Damgaard XAL and Axapta, remains closely involved with the company. He retains his position as CTO and continues to be a major shareholder. His focus is on safeguarding the technological vision and further developing the platform. Acceleration of digital transformation. Since its founding in 2015, Uniconta has positioned itself as one of the most modern and flexible ERP platforms in the market. The system is already in use by over 45,000 companies in 67 countries and covers essential business functions such as finance, inventory management, production, projects, and logistics. The strength of Uniconta lies in its open architecture, no-code extensibility, and focus on local adaptability, making it an attractive solution for SMEs that need agile cloud software. According to Erik Damgaard, the time is now ripe to expand. "In Denmark, we have been very successful with the rollout of our cloud-based ERP solution and have built an excellent market position," said Damgaard. "Now it's time to increase our footprint in countries such as Germany and the Netherlands, where we are already active with solutions that comply with local regulations. In BU, I have found the best partner to accelerate our growth in Germany and the Netherlands, while maintaining our momentum in the Danish market." BU sees great potential in the ERP market. The investment by Bregal Unternehmerkapital seamlessly aligns with their strategy to strengthen innovative, fast-growing technology companies in Europe. Dr. Stephan Schmid, partner at BU, emphasizes the potential of the collaboration. "Danish companies are known for their digital excellence, and innovative ERP systems like Uniconta contribute significantly to that," explained Dr. Schmid. "We see great potential for the product to replace outdated systems and help companies in other countries with their digital transformation. Together with Erik and his team, we have identified particularly strong growth opportunities in markets such as Germany and the Netherlands. We are excited to support Uniconta's ambition with our deep sector knowledge, network, and capital." The new majority stake will enable Uniconta to further scale product development and strengthen sales and distribution capacity in key markets. For the Dutch and German SME markets, which are grappling with the challenge of outdated systems, the partnership promises accelerated availability of a flexible and future-proof cloud ERP alternative. The parties expect to complete the transaction in the coming months, pending approval from the relevant authorities.