Ageras aims for major acquisitions in fintech consolidation

Ageras, a leading Danish fintech company specializing in accounting, banking, and business software solutions for small businesses, is set to make 1-2 major acquisitions in the near future. With a 53% revenue growth and its first-ever profitable EBITDA, Ageras is well-positioned to expand its market presence and potentially go public in 2026. The company’s CEO, Rico Andersen, attributes this success to their strategic initiatives and resilient market position, calling Ageras a financial ‘camel’ that can survive turbulent times and provide critical services to Europe’s SMEs.

In addition to its financial achievements, Ageras recently raised EUR 82 million in fresh equity to fuel its acquisition plans. Investors, including Investcorp, Folketrygdfondet, and Lazard, see the timing as ideal for Ageras to consolidate the fintech and business software market in Europe, particularly given the stabilization of the tech sector and easing interest rates. Relying on economies of scale and cross-border reach, Ageras aims to create a central platform for accounting and banking software solutions that can cater to the needs of nearly 25 million SMEs across the continent.

Founded in 2012 by serial entrepreneurs Rico Andersen and Martin Hegelund, Ageras has been on a growth trajectory, with milestones including acquisitions of companies like Billy, Zervant, Salary, and Kontist. The company’s vision is centered around simplifying administration for small businesses, offering integrated solutions for invoicing, accounting, payroll, banking, and finance. Ageras has also garnered recognition for its rapid growth and entrepreneurial achievements, earning accolades such as the Børsen Gazelle award and the EY Entrepreneur of the Year award.

Overall, Ageras is poised for further success as it continues to pursue strategic acquisitions and expand its market reach. By focusing on serving the unique needs of Europe’s SMEs, Ageras aims to solidify its position as a key player in the fintech and business software sector. For more information, visit http://www.ageras.com or contact the company directly at the provided contact information.

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