Carlsquare advised Junkbusters, a leading Danish technology-enabled waste management services provider, on its sale to Seenons, an Amsterdam-based circular waste management platform backed by Fortino Capital. Together, they aim to build a pan-European leader in sustainable and compliant waste management.
Junkbusters was founded in 2009 by Steffen Rasmussen, starting out with a single Man & Van service and since evolving into a technology-enabled waste collection provider with operations across Denmark, Germany and Sweden. A digital frontrunner in a traditionally analogue industry, Junkbusters has built an end-to-end software platform that delivers a seamless, transparent customer experience, operational excellence and best-in-class regulatory compliance and reporting. The company predominantly serves a B2B customer base with consistently high customer satisfaction.
Founded in 2019, Seenons is an Amsterdam-based technology platform for circular waste management that is active across 3,000+ locations and 7 countries. As an independent connector in a fragmented market, Seenons brings together waste producers, logistics providers, processors and reuse partners through a single integrated platform, supporting the transition towards a waste-free world. The company serves major enterprise clients and has built a strong commercial position across the Netherlands and Belgium, with growing traction in Denmark and Switzerland.
Fortino Capital is a European B2B software investor managing private equity growth and venture capital funds, with offices in the Netherlands, Belgium and Germany. Fortino supports ambitious entrepreneurs across Europe in scaling their businesses, and became Seenons’ majority investor in 2025 to accelerate the company’s European expansion.
The transaction strengthens Junkbusters’ and Seenons’ ability to accelerate growth, expand their geographic reach and drive innovation in sustainable and compliant waste management across Europe, with the shared ambition of building a leading platform.
“Building Junkbusters from a single Man & Van into a technology-driven waste management platform across three countries has been an incredible journey, and joining forces with Seenons is the natural next step. We share the same ambition: to make waste management smarter, more transparent and more sustainable. Together we have the technology, the people and the platform to build a true pan-European champion, and I am excited to continue that journey.” – Steffen Rasmussen, Founder and CEO, Junkbusters
Carlsquare acted as the exclusive financial advisor to Junkbusters and its shareholders on the transaction.
