DC Advisory acts as exclusive financial advisor to Tjekvik on its sale to Standout Capital

Background

• Tjekvik is a provider of self-service software solutions built for the automotive after-sales industry
• Tjekvik’s software is deployed on mobile devices and indoor / outdoor kiosks to serve the entire after-sales journey, from home check-in to physical check in and check out
• Headquartered in Denmark, Tjekvik serves leading international OEM brands and dealer groups across more than 1,700 sites in 34 countries
• Standout Capital is a Swedish B2B software and services private equity fund

Process

• DC Advisory acted as exclusive financial advisor on the sale of a majority stake in Tjekvik
• DC Advisory worked with Tjekvik to engage a global group of strategic and financial investors with a focus on automotive retail software who understood Tjekvik’s unique positioning in the automotive after-sales space
• DC Advisory provided full advisory support, including preparation of marketing materials, due diligence support, managing bidder interactions and assisting with negotiations with bidders

Outcome

• The founders of Tjekvik sold a majority stake in the company to Standout Capital in January 2025
• The Tjekvik team led by CEO Christian Mark, will stay with the firm playing a key role to drive the next phase of growth
• This transaction highlights DC Advisory's strong track record in the B2B software sector and marks another successful transaction in the automotive sector
• The transaction further demonstrates DC Advisory’s ability to provide sell side advice to founder-owned companies across the globe