Press release -
Standout Capital invests in Tjekvik, the leading self-service software provider for the automotive aftermarket
Tjekvik, the leading provider of self-service software solutions precision built for the automotive aftermarket, is taking the next step on its growth journey by partnering with Standout Capital. Tjekvik has experienced strong growth in recent years having more than quadrupled turnover since 2021 and currently serves over 1 700 dealership sites across 34 countries. Standout Capital will become a majority shareholder in Tjekvik, partnering with the founder and management team who will continue to be significant owners of the company and remain instrumental in its future growth.
Copenhagen, January 23, 2025 - Tjekvik was founded in Copenhagen in 2015 by Christian Mark and Ole Møller Støvring, both with extensive experience in the automotive industry. Tjekvik provides best-in-class customer journey software solutions, provided on a subscription basis, helping car workshops to streamline workflows and enable superior customer experiences. Tjekvik has delivered a strong track record of organic growth having more than quadrupled turnover since 2021. Trusted by well reputed international dealership groups and OEMs, Tjekvik now serves over 1 700 dealership centers across 34 countries. The company has 45 employees, with headquarters in Copenhagen, Denmark. Together with Standout, Tjekvik will continue its rapid expansion and further solidify its position as a leading provider of software solutions for the automotive aftermarket industry.
- We see significant opportunities to continue scaling our operations and further strengthen our position. It is the right time to bring in an active growth partner and in Standout Capital we have found a team with complementary skills and vast experience in supporting B2B software companies expanding internationally, says Christian Mark, CEO & Co-founder at Tjekvik.
- We are truly impressed by Tjekvik’s customer value proposition and are pleased to get a chance to partner with Christian and the rest of the highly talented team at Tjekvik. The demand for next generation software solutions in the automotive aftermarket industry is clear and with purpose built technology, we see substantial growth potential for Tjekvik, says Filip Lidman, Investment Professional at Standout Capital.
Contact and further information
Christian Mark, CEO, Tjekvik +45 30 70 6970
Filip Lidman, Standout Capital +46 70 990 1144
About Tjekvik
Tjekvik is a provider of intelligent self-service software solutions for the automotive aftersales industry. Tjekvik’s solutions enable automotive aftermarket service centers to manage the customer journey in an efficient and digital way. Trusted by dealer groups and brands worldwide, Tjekvik currently operates in 34 countries with its software available in 30 languages. The company has 45 employees and is headquartered in Copenhagen, Denmark. www.tjekvik.com
About Standout Capital
Standout Capital is a Stockholm-based private equity firm investing in growing Nordic tech companies. As an active owner, our mission is to partner with outstanding companies to help them grow and succeed. Standout Capital’s investment strategy is to support the digital transformation in business and society. The founders and investment team build on experience in entrepreneurship, investments and finance. www.standoutcapital.com
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Standout Capital is a Stockholm-based private equity firm investing in growing Nordic tech companies. As an active owner, our mission is to support outstanding companies to grow and succeed. Standout Capital’s overall idea is to the digital transformation in business and society. The founders and investment team build on experience in entrepreneurship, investments and finance.