Lyngsoe Systems A/S

Lyngsoe Systems A/S is a Danish company specializing in automation solutions for libraries and logistics, providing advanced technology such as RFID systems and real-time tracking to enhance operational efficiency and user experience across various sectors. Founded in 1994 in Denmark, Lyngsoe Systems A/S delivers automation solutions focused on library and logistics sectors. The company underwent a change in ownership in August 2022 when Accent Equity Partners and management acquired it from CataCap. CEO Henrik Kjeldgaard and Villads Thomsen lead the company, which has completed 2 deals to date.

Lyngsoe Systems specializes in automation solutions tailored for two primary sectors: Library and Logistics. The company’s flagship products include RFID technology, automated sorting systems, self-service kiosks, and intelligent material management systems. In the library sector, these solutions enhance user experience by facilitating quick check-outs and returns, ensuring efficient inventory management, and providing robust security features. In logistics, Lyngsoe Systems offers real-time tracking systems and smart warehousing solutions that optimize operations by improving visibility and reducing operational costs.

The company serves a diverse client base, including public libraries, healthcare institutions, and logistics providers, across various global markets such as North America, Europe, and Asia. In the fiscal year 2021, Lyngsoe Systems reported a revenue of USD 33. 07 mn and an EBITDA of USD 1. 69 mn for 2023.

These figures illustrate the company's financial performance through a combination of direct sales, partnerships, and subscription-based services for its automation solutions. Following the acquisition in August 2022, Lyngsoe Systems A/S plans to accelerate its growth through new product developments and market expansion. The company is expected to introduce innovative products in the near future, targeting expansion into new geographic regions, although specific markets and dates for this growth have not been disclosed. The recent investment will support these initiatives and enhance the company's capacity to meet evolving customer demands.