Danish law firm Accura was founded in 1999. It operates an office in Copenhagen.
Focusses / specialisms
The firm is best known for its strong M&A practice, for which it is one of the market’s leaders. In recent years the firm demonstrated its expertise in financing transactions.
The banking team is renowned for its acquisition financing work, and regularly represents borrowers and lenders on bilateral and syndicated term loans and revolving credit facilities.
The M&A team generally works on several of the largest cross-border deals in the market, with pharmaceutical and technology companies figuring prominently among its clients. This includes advising on buy and sell-side mandates for Scandinavian and international private equity houses.
The firm also has strengths in other financial and corporate areas including restructuring, where it often works for the creditors, and in capital markets, where it is especially strong on the equity side.
In the projects space the firm generally works on renewable energy and infrastructure matters.
Key clients
Key clients include Alm Brand, Danske Bank, PFA Pension, AP Pension, Euronext, VP Securities, Nexi, Spar Nord Bank, Nykredit, OrderYOYO, Relesys and Vestjysk Bank.
Research period review: 32nd edition (2021/2022)
The firm’s banking team has maintained its consistently strong position in the acquisition financing space in Denmark. The firm was active in financial regulation, where it attained regulatory approval for large M&A deals, as well as in the investment funds area.
The firm was highly visible in the Danish equity capital markets space, where it assisted both Danish issuers and Danish and international investment banks. It also did work in debt on both the issuer and lender side.
In M&A the firm worked on several large cross-border transactions advising targets, buyers and sellers. It continued to maintain a strong position in the Danish private equity market, advising leading investors.
In project development the firm worked for both corporate clients mainly in the renewable energy space. The firm was also active in telecommunication and infrastructure sectors.
This research cycle has seen the firm’s restructuring and insolvency team work on both in-court and out-of-court restructuring proceedings, as well as in its capacity as trustee of large bankruptcy estates across Denmark.
Associate partners Jannie Schibler and Christina Balling Schmidt were added to the banking team. Partner Martin Allan Christensen joined the capital markets practice of the firm during the research cycle and associate partner Jacob-Nygaard left the firm. Many lawyers joined the firm’s project development practice during the research cycle including Partners Anders Hørlyck Jensen, Peter Østergaard Nielsen, Jakob Østervang, Matthew Mulqueen and Associate partner Tejs Dyrvig Ernst.
Deal highlights: 32nd edition (2021/2022)
Adapteo €44 million
acquisition of Ajos
Bridgepoint Development Capital €201 million acquisition of LanguageWireColoplast
Destiny acquisition of IPvision
EQT acquisition of 3Shape
Gefion Insurance insolvency
Relesys Nasdaq IPO
OrderYOYO Nasdaq IPO
Client feedback: 32nd edition (2021/2022)
Banking
"The firm represents a unique match between deal certainty, legal risk management, cost and commercial acumen. "
Financial services regulatory
"Good insights into industry. Pragmatic yet strategic. Strong project management."
"Besides being highly skilled lawyers they are always very commercially minded and actively listening, truly trying to understand your needs as a client to be able to provide quality counselling."
Leveraged finance
"The firm knows me well, and they are able to accommodate requests with short notice. "
"The firm is very engaged and good at problem-solving."
"The firm is great at scoping the job, allocating the right resources and delivering on time."
"Accommodating to our views and requests, and able to implement them in the right legal documents without friction in the dialogue with the customer."
M&A
"Structuring M&A processes, including the different milestones in the transaction. "
"Very strong team, focused on delivering value for their clients. Hard-working and fun to work with. Always solution-oriented. "
"They are extremely commercial, good and very easy to work with."
"The team were available 24/7, communicated well with internal stakeholders and managed a large number of local counsel ensuring that we received coherent and timely legal advice from all jurisdictions."
"The firm professionally handled the legal aspects of the merger process."
"Strong commercial support in addition to legal aspects. Impressive understanding of business, categories and markets."
"Pragmatic and business-minded. Solution-oriented. Easily accessible."
"Overall a fantastic firm. Sharp legal minds with high client centricity and excellent judgement in advising on and navigating the softer side of transactions."
"Hands-on process management, commercial mindset, solution-oriented and constructive in dialogue with counterparties as well as own client."
"Client-focused and proactive; business-oriented in their legal approach."
"Best in class when it comes to skillset and knowledge. Very proactive and great at managing the process. "
"Absolutely best in class as it relates to M&A in Denmark. "
Private equity
"Very responsive. Brings the best talent to the assignment. Positive attitude. Solution-oriented."
"Strongest teams on M&A transactions."
Project development : Infrastructure
"Extremely commercial and easy to work with. Always looking for good solutions for the customer/client."
Project development : Telecommunications networks
"By far the best law firm we have ever worked with – and we've been through a few. The firm is extremely professional, responsive, precise but at the same time very innovative in finding alternative solutions to our legal challenges. They are very dedicated to us as a client, also in adopting their services to meet our needs."
Restructuring and insolvency
"Strong insight on complex restructuring matters and distressed M&A."
Mads Kjellerup Dambæk
"He has an ability to provide very high quality strategic advice while balancing legal risk and regulatory knowledge."
"Strong legal knowledge, quick to analyse a situation and provides excellent advice."
"He has strong legal skills and the ability to combine it with good commercial understanding."
"He has a very good legal mind, combined with an ability to listen and strong corporate finance knowledge."
"Extremely skilled, highly accessible and commercially minded."
"He knows me well and can deliver what is needed to accommodate tight deadlines and close the deal."
Rikke Maria Falck Jensen
"Very good technical, commercial and service-oriented."
"She is extremely commercial and fantastic to work with."
Tue Frandsen
"He is a real problem-solver. Clients rely on his great judgement and calm demeanour. "
Henrik Juul Hansen
"Strong commercial mindset – understands complexity in businesses as well as market dynamics. Always on all details through entire process and excellent in negotiations."
"He is available 24/7 and quickly understands what is at stake for the client. He provides proactive advice and support on managing relevant deal risks."
Søren Aamann Jensen
"Søren Aamann Jensen is calm in stressed situations and he is always focused on solutions."
Kristian Klausen
"Good at listening and interacting with the entire advisory team."
Andreas Steen Vallentin-Hansen
"Strong communication. Good in understanding the situation and thereby projects where to go. Meeting deadlines and setting the right team."
"Very good soft skills and people skills on top of exceptional legal expertise. "
"He assisted in the whole process and advised on all aspects of the merger. In addition to his extensive legal expertise, his advice is based on strong strategic, tactical and commercial skills. "
"Knowledgeable, problem-solving, rigour."
Kåre Stolt
"He is a solution-oriented lawyer and is always able to assess the business perspective in a legal discussion rather than only focusing on legal obstacles. "
"Good at seeing opportunities and possibilities."
Thomas Weincke
"Commercial mindset, very client-centric, solution-oriented."
"A stellar experienced deal maker. Strong technical legal capabilities and experience combined with excellent judgement and a very strong ability to manage people and the softer dynamics in a deal. A rare and very valuable combination. Also a lawyer who is not afraid to provide real advice and is excellent in separating what is important from what is not. "
