Far too many children and young persons in Denmark are unhappy and face complex social challenges. There is a growing need for effective, preventive, supportive and rehabilitative measures – both in local authorities and among organisations and private individuals. SOKON provides specialised intervention of high professional quality. These services contribute to positive change for children and families in need of special support and also help to reduce the need for more intrusive and resource-intensive interventions.
The ambition behind the investment in SOKON is to build a professionally leading and scalable family treatment and social services organisation that stands out positively in the market with a focus on documented impact and delivery reliability. The goal is for SOKON to continue to strengthen and develop its high social work standards and continue to grow organically. At the same time, opportunities to invest in other strong players in the field of family therapy are being explored – for the benefit of more and more children, young persons and families in vulnerable positions.
“SOKON has built up strong social expertise and an organisation with high quality and clear values. We see significant potential for strengthening, expanding and supplementing their efforts so that even more children and families can receive the right support in a timely manner,” says partner Maria Heickendorff from Den Sociale Kapitalfond Invest.
Founder and director Morten Wiemann will continue in his role as leader and co-owner after the investment and is delighted with the partnership and the opportunities it offers for SOKON going forward:
“With Den Sociale Kapitalfond Invest II as co-owner, we will have an owner who shares our ambition for high professionalism and responsibility. The goal is that together we can reach even more families who need support.” says Morten Wiemann, founder and director of SOKON.
Den Sociale Kapitalfond Invest II will acquire 64% of the ownership shares, while Morten Wiemann will own 28% of the joint company going forward. In addition, 8% of the shares are reserved for key employees and others. Furthermore, new social expertise and teams, with whom cooperation may also be entered into in the future, will be offered co-ownership.
Norrbom & Vinding and EY have advised Den Sociale Kapitalfond Invest II in connection with the investment, while Sirius Advokater has advised Morten Wiemann.
The investment in SOKON is in line with Den Sociale Kapitalfond Invest’s strategy of creating positive social change through investments in companies that combine a special social or socially responsible potential with good growth opportunities.
The parties have agreed not to disclose the transaction price.
