Estonia
Baltic boasts Nordic nuance
Region is set for a boom in private equity investing
Enterprise Investors backs Tahe Outdoors with €3.4m
GP takes 32.4% stake in Estonian watersports equipment producer
BaltCap Fund II reaches first close
BaltCap has held a first close for its latest fund BaltCap Private Equity Fund II (BPEF II) on €50.6m, with subscribed commitments of €63m.
Estonian start-up Cloutex raises $600,000
Cloud service integration platform Cloutex has raised a $600,000 seed funding round from asset management firm United Partners, Baltic investor SmartCap and the EstBan business angel network.
EBRD commits €20m to BaltCap
BaltCap has received a €20m commitment from the European Bank for Reconstruction and Development, as it nears a first close on its second fund.
Pipedrive secures $2.4m in funding
Estonian sales management software provider Pipedrive has raised $2.4m from Storm Ventures, Rembrandt Venture Partners and TMT Investments, as well as a number of angel investors.
Bancroft Private Equity sells €107m Starman to East Capital Explorer
Bancroft Private Equity has sold its majority stake in Estonian cable TV provider Starman to investment company East Capital Explorer.
Conor Venture Partners et al. back Crystalsol
Conor Venture Partners has led an €8m series-A financing round for Crystalsol, a flexible photovoltaic film company based in Vienna and Tallinn.
Baltic governments provide €200m for PE funds
Estonia, Latvia and Lithuania plan to boost private equity investment and build “a vibrant ecosystem of SMEs” in a bid to further economic growth, the Estonian Private Equity and Venture Capital Association (EstVCA) announced in a statement yesterday.
Nordic unquote" January 2012
The Swedish tax authority’s battle over carried interest taxation continues as another player is drawn into the feud.
EQT buys energy businesses from Fortum
EQT has acquired energy businesses Fortum Energiaratkaisut in Finland and Fortum Termest in Estonia.
BaltCap exits Tallinna Pesumaja
BaltCap has exited textile rental and laundry service provider Tallinna Pesumaja.
BaltCap acquires stake in Runway
BaltCap has acquired a 40.82% stake in business process outsourcing service provider SIA Runway.
BaltCap exits eKool
BaltCap has sold its stake in Koolitööde AS, the company managing the eKool platform, to Kriit OÜ.
Enterprise Investors provide €7m for Webmedia Group
Enterprise Investors has provided €7m for the Estonian software development company Webmedia Group.
Nordic unquote" May 2010
The latest issue of Nordic unquote" is now ready to download. The May issue features coverage from the annual SVCA congress - which marked the 25th anniversary of the association.
Nordic unquote" April 2010
The latest issue of Nordic unquote" is now ready to download. The April issue features an analysis on investing in the retail sector, updates from the AIFM debate and we take a closer look at the emergence of environmental due diligence and specialist...
Nordic unquote" January 2010
News from the Nordic and Baltic private equity and venture capital markets.