Danwood was the largest Polish manufacturer of timber-frame, prefabricated houses. Their houses were sold primarily in Germany.

Enterprise Investor's decision to invest was supported by a positive assessment of the market and the company's growth potential. Timber-frame house construction proved more environmentally friendly, energy efficient and faster to build than traditional technologies, particularly in the case of prefabricated houses. Danwood showed strong topline growth and improving profitability thanks to the cost advantages of its Polish production plant. It sold quality products under its brand and controlled key steps in the value chain, from concept, design and online marketing through the exclusive sales network and production of prefabricated elements to the house finishing stage. EI-managed PEF VII bought out a 100% stake in Danwood from the construction group Budimex, which was disposing of the company as a non-core asset. The purchase price was financed with EUR 26 million of fund equity, transaction debt and excess cash paid out from the company. The overall value of the investments in capacity expansion and production technology advancements exceeded EUR 27 million.

EI and the company's management developed and implemented a business growth plan that assumed continued penetration of its core market and expansion into new geographies. The company strengthened its presence in Switzerland, Austria and the UK by building on the successful offering and sales model proven in Germany.

Danwood developed new product lines to broaden its market appeal, complementing its mid-market offering. An attractively priced "Family" line of houses gained popularity among younger families and other first-time house buyers. The premium "Vision" line, which included larger houses with superior furnishings, allowed for penetration of the upper market segments historically dominated by built-to-order rather than prefabricated houses. The company's offering at the exit included c. 200 turn-key house designs.

New online house configurators were introduced, that allowed the end customers to modify the available designs. Customers were offered a VR immersion experience in the form of a virtual "walk" through a chosen house.

In January 2020 EI signed an agreement to sell Danwood to GS Engineering and Construction – one of the largest construction conglomerates in South Korea. The investment yielded a 9x total gross multiple of cost.