August 2024

In August 2024, Lanell made a significant investment in 9altitudes in connection with Niels Stenfeldt joining the company as Group CEO.

The investment was made alongside Waterland Private Equity and founder Filip Bossuyt, creating a close alignment between long-term ownership, entrepreneurship and operational leadership.

9altitudes is a European digital transformation company helping manufacturing and other complex businesses improve how they operate through technology. The company works across ERP, CRM, engineering, product lifecycle management, data, AI, smart factory and service processes, with strong partnerships across the Microsoft, PTC and Tulip ecosystems.

For Lanell, the investment reflects a core belief that the most attractive opportunities often combine strong market positions with the possibility for active value creation. 9altitudes had already built a significant European platform through organic growth and acquisitions, with further potential to scale the business, deepen its industry specialisation and strengthen its position as a leading technology partner to manufacturing companies.

The investment also represents Lanell’s approach to active ownership. Rather than investing purely as a financial shareholder, Lanell entered 9altitudes alongside Niels’ appointment as CEO, combining capital with direct operational responsibility for the company’s next phase of growth.