Rivean Capital has joined Valcon as our new major shareholder. This partnership is a significant milestone in our journey to deliver transformative business outcomes for organisations across Europe. With Rivean’s experience and resources, we are ready to accelerate our growth and expand the range of services we offer to clients.
In an interview with Danish news outlet ITWatch, our group managing partner, Geert van den Goor, and managing partner for the Nordics, Thomas Rosenlund, share their thoughts on how this acquisition will shape Valcon’s future.
Why Rivean Capital?
When selecting a new major shareholder, Rivean Capital was a natural choice. With over 40 years of experience and more than DKK 37 billion in assets under management, Rivean brings extensive expertise and a strong presence in the European market.
“We were looking for a partner who could help us take the next steps in our journey,” says Geert van den Goor. “Rivean is a perfect strategic fit for us. They respect and believe in our vision while maintaining a ‘hands-off’ approach, allowing us to stay true to our strategy and operational autonomy.”
Our long-time partner, Waterland Private Equity, remains a valued part of our ownership group, though now as a minority shareholder through a different fund. “Waterland still believes in our potential and wants to remain part of our future. With Rivean now leading our ownership group, we are entering a new chapter of growth,” Geert adds.
New markets in sight
The Valcon brand was founded in 2000 in Denmark, but it wasn’t until 2020 that Valcon evolved into a truly multi-national organisation when we merged with First Consulting, followed by Viqtor Davis, P2 Consulting and Typeqast. Today, Valcon operates in Denmark, Sweden, the Netherlands, the UK, Croatia and Serbia.
With Rivean Capital as our partner, we are ready to expand even further. “We hope this will lead to further growth, an expanded service offering, and possibly even deeper expertise in areas where we’re already strong,” says Thomas Rosenlund.
With Rivean Capital’s support, our sights are now set on Germany and the broader DACH region, which includes Switzerland and Austria. “We currently don’t have a presence in the DACH region, but it’s a key focus area on our strategic agenda,” Geert explains.
Increased opportunities for Nordic acquisitions
The Nordics remain a cornerstone of Valcon’s success, and our new partnership unlocks even greater opportunities for growth in the region. “With Rivean backing us, we now have an enhanced ability to pursue strategic acquisitions, both internationally and here in the Nordics,” says Thomas.
Our focus is on acquiring companies with strengths in data and technology, areas that have become increasingly integral to our service offerings. In recent years, these capabilities have grown to account for one-third of our revenue in the Nordics, complementing our traditional strengths in project management and business transformation.
“We see a tremendous opportunity to further expand our service offerings and deepen our expertise in areas like artificial intelligence and data-driven solutions,” Thomas adds. “This will not only strengthen our position but also allow us to bring even greater value to our clients.”
Looking ahead
This is just the beginning of an exciting new chapter for Valcon. Partnering with Rivean Capital empowers us to pursue our growth ambitions, expand into new markets and continue building on our strengths in data, business transformation and technology.
We are thrilled about the journey ahead and look forward to continuing to grow together with our clients, our team and our new partners at Rivean Capital.
Read more
- Press release about Rivean Capital as a major shareholder in Valcon
- The original article in the Danish media outlet, ITWatch (in Danish)
