» Junkbusters Group ApS
Dansk Merchant Capital acted as exclusive financial advisor to the shareholders of Junkbusters, a leading software-based waste management company, on its latest funding round led by venture capital company DICO.
Junkbusters has developed a scalable software platform that enables asset light geographic expansion, through automatically matching customers’ delivery and pick-up requests with independent service partners (typically local transportation or waste handling companies). Junkbusters’ services include waste handling via containers, junkbags and junktrucks.
With local presence in Denmark, Sweden and Germany and with a strong focus on customer service, Junkbusters provides waste management services to private customers and professionals within the small and medium-sized business segment. The company has shown impressive consolidated growth rates and is currently growing by more than 100% p.a. in the German market.
DICO is a venture capital company investing in ICT companies with proof of concept, first class management teams and scalable business models.
Steffen Rasmussen, founder of Junkbusters said:
“Following a careful selection process, we chose Dansk Merchant Capital as our financial advisor in relation to our search for an investor to support our accelerated growth and further expansion into Germany. We chose Dansk Merchant Capital, due to their broad service offering (M&A as well as IPO capability), their knowledge of and access to potential investors, as well as due to their realistic and down-to-earth approach.
Dansk Merchant Capital´s dedicated involvement throughout the process, allowed us to focus on the day-to-day business and to maintain our growth momentum. Through solid financial and commercial analysis, Dansk Merchant Capital presented our business model to potential investors in the best possible way, with a great outcome.
We are very happy to have teamed up with DICO. They have the knowledge and insight to further develop our software and to support us in our German expansion.”