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Corporate Finance

Advising on partnerships built to last, not just to close a transaction.

With HCA, you are advised by experienced people who stay close throughout the process, from the first conversation to closing. We combine strategic insights, rigorous execution, and a focus on getting it done right, not just getting it done.

M&A Advisory

We guide business owners through every stage of an M&A transaction, from strategic preparation and positioning to negotiation and closing, with a clear focus on long-term value and the best possible outcome.

Sell-side AdvisoryBuy-side AdvisoryFounder-led Deals

ECM Advisory

We help companies determine the right equity strategy, structure and timing — combining deep market insight with experience across changing market conditions.

IPORights issuesDirected issues

Valuation & Modelling

Forecast and scenario models built to be interrogated. The assumptions are visible, the sensitivities sit where a lender or an investor will look first, and the output survives being taken apart.

TransactionsForecastsScenarios

Strategic decisions

We provide sparring to owners, boards and management to make well-informed strategic decisions. By assessing the opportunity, exploring the options and their implications, we create a clear decision framework and ensure all perspectives are considered along the way.

OpportunitiesAlternativesPerspectives
Phillip Stjernekilde, Head of Corporate Finance at HC Andersen Capital

At HC Andersen Capital we take on a small number of companies at a time, by choice, so we know a business properly before launching a transaction.

Phillip Stjernekilde

Head of Corporate Finance

phillip@hcandersencapital.dk +45 29 64 33 31

A selection of the transactions we have advised on

0 Transactions
0 Disclosed volume
Our roleExclusive financial adviser to Henry Jensen
TransactionSale of Henry Jensen to Thranekær
AcquirerThranekær
Deal valueUndisclosed
AnnouncedSeptember 2026

HC Andersen Capital acted as exclusive financial adviser to Henry Jensen on the sale of the company to Thranekær.

Our roleExclusive financial adviser
InstrumentFully guaranteed rights issue
Gross proceedsDKK 24.7m
Subscription priceDKK 3.00 per share
New shares8,237,154
CompletedApril 2026

Announced on 19 March 2026 with a subscription period running from 25 March to 10 April. The proceeds were applied to reducing debt, strengthening working capital and continued product development. Gorrissen Federspiel acted as legal adviser.

Official announcement
Our roleExclusive financial adviser
InstrumentFully guaranteed rights issue
Gross proceedsDKK 10.4m
Announced4 May 2026

Rovsing raised new capital to strengthen its capital structure and financial flexibility ahead of an expected rise in European tender activity. A robust balance sheet is a precondition for winning contracts with large customers and the space agencies.

Our roleExclusive financial adviser
InstrumentPlacement
SizeUndisclosed

Terms of this mandate are not disclosed.

Our roleExclusive financial adviser
InstrumentDirected issue
Gross proceedsDKK 4.0m
Subscription priceDKK 35.00 per share
New shares114,285
Completed6 March 2025

Fully subscribed. The subscription price was set at the five day volume weighted average price as of 5 March 2025, for gross proceeds of DKK 3,999,975.

Official announcement
Our roleExclusive financial adviser
InstrumentPrivate placement
Gross proceedsDKK 15.0m
Subscription priceDKK 29.50 per share
New sharesUp to 508,474
Completed30 December 2024

Priced at a 3.1 per cent discount to the ten day volume weighted average price as of 4 December 2024, with advance commitments from Strategic Investments, Arbejdernes Landsbank, HICO Group and BankInvest. The proceeds strengthened liquidity and re-established equity.

Official announcement
Our roleExclusive financial adviser
InstrumentPrivate placement
Gross proceedsDKK 26.2m
Subscription priceDKK 31.70 per share
New shares889,707
CompletedDecember 2023

Placed at a 7 per cent discount and fully subscribed within a day of announcement, with existing institutional investors joined by new private investors, management and the chairman of the board.

Official announcement

We work for a well-functioning Danish equity market

A market where more strong companies find their way to the stock exchange, and where investors are met with transparency, quality and solid communication.

That is why we support companies all the way towards and through a listing, from preparation and positioning to the investor communication needed to carry the company forward as a listed business. Most of the work happens long before the first day of trading.

1

Readiness

We look at governance, reporting and the equity story, and set out what has to be in place before a listing is realistic.

2

Preparation

Structure, documentation and the company description, alongside the legal and financial work a listing requires.

3

Admission

Application and dialogue with the exchange, through to the first day of trading.

4

Life as listed

Disclosure, investor dialogue and the reporting cycle. The obligations start on day one, and we stay on.

Talk to us about listing
Phillip Stjernekilde, Head of Corporate Finance at HC Andersen Capital

How can we help you?

We are keen to hear more about where you are headed and have a discussion about how corporate finance advisory can be of use, now or in the future.

Even if a transaction or IPO is at an early stage it is worth having an early conversation.

Phillip Stjernekilde

Head of Corporate Finance