Nicole Tovstiga
Follow Nicole
Articles by Nicole Tovstiga
Axcel exits Lessor Group
Deal marks the end of a two-year holding period under Axcel, which acquired the firm in April 2016
Verdane Capital invests in Navabi
Verdane is taking over the shares of Bauer Venture Partners and investing an additional amount
Spotify starts listing process with SEC filing
Spotify's direct listing lets the market find a price and cuts out the usual underwriting process
Vaaka Partners acquires Framery
Vaaka invested in the firm via its latest vehicle, Vaaka Partners Buyout Fund III
Innova partially exits Profim to Triton-backed Flokk
Deal comes less than a year after Innova bought a 75% stake in Profim in May 2017
Balderton leads $22m funding round for Peakon
Round is backed by EQT Ventures, Idinvest Partners and Sunstone Capital
VC-backed Move24 enters provisional insolvency
Move24 will try to halt the insolvency process and is currently auditing its financials
Draper Esprit invests in five seed funds
Managers include Berlin-based Join Capital and Helsinki-based Icebreaker
AP7 in negotiations for fourth account manager
Procurement for final account manager is ongoing, with an announcement now depending on lawyers
Priveq, SEB exit Crem International in SEK 1.8bn trade sale
Both PE firms are wholly exiting Crem after acquiring the business from Accent Equity in 2012
Enterprise Investors-backed Novaturas readies for IPO
Offered shares represent 50% of the company's total capital, with Enterprise intending to retain a stake
Abraaj suspends private equity funds as founder steps down
CEO and founder Arif Naqvi passed the fund management reins to two co-chief executives
Mezzanine Management backs Nettle with PLN 100m
Investment has been structured as a capital increase in the company and long-term mezzanine loan
EQT VIII holds final close on €10.75bn hard-cap
New vehicle follows the Swedish GP's €6.75bn seventh fund, which closed in August 2015
Creades exits Iabö Global to J2L for SEK 36m
Deal follows a six-year holding period under Creades, which acquired the firm in 2012
IK closes Small Cap II Fund on €550m hard-cap
Including a GP commitment of €50m, the fund closed on its €550m hard-cap on 15 February
Inventure, Tesi raise $2.4m for Thirdpresence
Deal marks the first investment from Inventure Fund III, which held a first close on €110m
EQT Ventures leads $41m round for Small Giant Games
Participants in the round include existing investors Creandum, Spintop Ventures and Profounders
Adelis exits Med Group after three-year holding
Firm saw its turnover double to €100m and the number of employees increase from 800 to 3,000
NVM backs SHE Software in £3m round
NVM investment director Charlie Winward will join the board as a non-executive director
Former Herkules-backed Tilbords facing insolvency
Tilbords shops are said to still be open for business, but the website has been closed down
Enterprise Investors targeting Warsaw IPO for Danwood
If approved by the Polish regulator, Danwood would be listed in the second half of this year
Norvestor acquires majority stake in Sperre Compressors
Buyout firm will own a 94% stake and the management team will hold the remaining shares
Nordic acquires additional shares in Nordax
Deal is outside the public cash offer submitted by Nordic Capital and Sampo earlier in February