Press Release

Supporting Capidea’s acquisition of TourCompass​

Kvadrant Consulting acted as the exclusive commercial advisor to Capidea in their re-acquisition of the majority stake in TourCompass

Charting the next leg of the journey

Capidea is pleased to announce the acquisition of a majority stake in TourCompass A/S, a Denmark-based, digital-first tour operator specializing in customized, long-haul adventure travel to more than 30 destinations across five continents.

The transaction marks a renewed partnership between Capidea and TourCompass, continuing a successful collaboration from Capidea’s previous ownership period between 2014 and 2017.

Kvadrant Consulting supported Capidea as the exclusive commercial advisor on the transaction, helping assess market potential, customer dynamics, and future growth opportunities for TourCompass.

Building on TourCompass’ strong foundation, the renewed partnership will focus on expanding the tour portfolio, exploring new markets, and enhancing digital capabilities to meet the evolving needs of modern travelers.

About TourCompass

Founded in 2006 and headquartered in Aarhus, TourCompass has established itself as a leading digital tour operator within the soft adventure segment, sending thousands of travelers each year to destinations across Africa, Asia, Latin America, North America, and Oceania.

Operating across seven Northern European markets – Germany, Denmark, the United Kingdom, Sweden, Norway, Finland, and the Netherlands, TourCompass combines destination expertise, trusted local partnerships, and proprietary digital tools to deliver seamless, high-quality travel experiences.

About Capidea

Capidea is a Danish private equity fund making long-term investments in competitive small and medium-sized Danish companies. 

Capidea was established in 2006 and has a total capital commitment of approximately DKK 3.6 billion / EUR 473 million in four funds. 

Capidea invests in companies within trading, distribution, service, IT and manufacturing. Since 2006, Capidea has acquired 34 companies and Guardique is the eighth investment in Capidea’s latest fund, Capidea Kapital IV K/S, which was established in April 2023 with a total capital commitment of DKK 1.3 billion / EUR 175 million. 

What we did

Navigating the next phase of growth

Working closely with Capidea and CEO Claus Palmgren Jessen, and his leadership team, the collaboration underscored not only the resilience of soft-adventure travel but also the underlying strength of the TourCompass model. With Capidea’s support, the company is well positioned to expand its product offering, enter new markets, and continue on a trajectory of sustainable growth,”
- Sixten Schultz, Partner at Kvadrant Consulting

Meet our experts

Sixten Schultz
Partner

Sixten leads our Transactions & Strategy practice, partnering with private equity and corporate clients on target identification, commercial due diligence, value realization, company and commercial strategy, and exit optimization.

Jonathan Bellinger
Director

Jonathan specializes in designing, driving and implementing critical marketing transformations across the marketing landscape, including brand and thought leadership, solution marketing, product launch and go-to-market.