BoConcept A/S

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BoConcept A/S - overview

Established

1952

Location

Herning, -, Denmark

Primary Industry

Consumer Products

About

Based in Denmark, BoConcept A/S operates as a global retailer specializing in customizable contemporary furniture and interior design solutions, emphasizing Danish craftsmanship and modern living. Founded in 1952 in Herning, Denmark, BoConcept A/S specializes in creating unique furniture and interior design offerings. The firm was taken private in June 2016 through a deal with 3i valued at DKK 1. 5 billion.


CEO positions have seen leadership from Arne Kristiansen, Henrik Eriksen, Issam Schoucair, Martin Alof, Mikael Jensen, and Stefan Brockmann. BoConcept specializes in customizable contemporary furniture and interior design solutions, drawing on Danish craftsmanship and innovative design principles. Their core product offerings include a wide range of furniture items such as sofas, chairs, tables, beds, storage solutions, and outdoor furniture, all designed to meet the diverse needs of modern living spaces. BoConcept emphasizes personalization, allowing customers to select configurations, materials, and finishes that align with their individual styles and preferences.


The company primarily serves a clientele that includes homeowners seeking stylish and functional living spaces, interior designers, and businesses looking to enhance their environments. BoConcept's products are available in multiple international markets, including the United States, Canada, and various European countries, catering to a global audience. BoConcept generates revenue through direct-to-consumer sales, leveraging a network of branded stores and online platforms to reach its customers. For the most recent year 2024, BoConcept reported revenue of DKK 152,262,139.


3 with an EBITDA of DKK 21,113,679. The transaction structure typically involves customers purchasing individual furniture pieces or complete interior design solutions, with options for customization based on specific requirements. Notable products, such as the Aarhus and Hauge collections, are highlighted in promotions and sales events, which drive customer engagement and purchasing activity. By engaging with a diverse customer base that values Danish design, BoConcept maintains a robust revenue stream through both retail and customer-driven sales channels.


In June 2016, 3i agreed to take BoConcept A/S private for DKK 1. 5 billion, a deal that was completed in July 2016. Moving forward, BoConcept is focused on expanding its product line to include new designs scheduled for launch in the upcoming year. The company plans to enter new markets, including additional locations in Asia and the Middle East by 2025, aiming to capitalize on growing demand for high-quality design solutions in these regions.


The funding from the recent privatization will be utilized to support these expansion initiatives and the development of innovative product offerings.


Current Investors

Primary Industry

Consumer Products

Sub Industries

Accessories, Furniture

Website

www.boconcept.com

Verticals

Manufacturing

Company Stage

Mature

Total Amount Raised

Subscriber access only

BoConcept A/S - timeline of key events

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BoConcept A/S - financials

Fiscal Year EndedApr 30, 2011Apr 30, 2012Apr 30, 2013Apr 30, 2014Apr 30, 2015Apr 30, 2016Apr 30, 2017Apr 30, 2018Apr 30, 2019Apr 30, 2020Apr 30, 2021Apr 30, 2022Apr 30, 2023Mar 31, 2024Apr 30, 2025
Revenue (USD)837,452,000858,920,0001,026,133,000904,470,000974,592,0001,051,781,0001,045,572,0001,087,333,0001,107,700,000993,287,0001,211,176,0001,490,281,000---
% Revenue Growth (YoY)-2.6%19.5%(11.9%)7.8%7.9%(0.6%)4.0%1.9%(10.3%)21.9%23.0%---
EBITDA (USD)89,800,00080,908,00051,278,00036,511,0008,760,000125,348,000146,502,000138,250,000129,184,00058,771,000254,608,000275,225,000---
Operating Income (USD)62,081,00050,373,00019,459,0007,596,000(21,146,000)99,620,000126,116,000121,108,000112,141,00037,479,000172,472,000190,591,000---
Operating Margin7.4%5.9%1.9%0.8%(2.2%)9.5%12.1%11.1%10.1%3.8%14.2%12.8%---
% EBITDA Margin10.7%9.4%5.0%4.0%0.9%11.9%14.0%12.7%11.7%5.9%21.0%18.5%---
NET Income (USD)13,754,00019,052,00011,339,000(43,230,000)(55,253,000)92,143,00089,981,00098,664,00095,824,00031,110,000108,860,000122,798,000---
% Net Margin1.6%2.2%1.1%(4.8%)(5.7%)8.8%8.6%9.1%8.7%3.1%9.0%8.2%---

BoConcept A/S - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
Public to PrivateCompletedBoConcept A/S-

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BoConcept A/S - employee data

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BoConcept A/S - key contacts

NamePositionStart DateEnd DateVcardBio 
Chairman of the BoardBM
Chairman of the BoardBM

BM Board Member

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