Eliza Punshi
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Capidea acquires Obsidian Group
Deal follows an auction process initiated by the company at the end of summer 2020 and was led by Deloitte.
Silverfleet promotes two to partner
Knight is based in London while Sommer is based in Silverfleet's Munich office
NPM Capital to sell Deli Home to Ardian
NPM reportedly based the sale on an EBITDA figure for the retailer of roughly €40m
Superhero Capital to close second fund by mid-summer
Fund was previously aiming for a final close by the end of 2020
THL, EQT sell stake in AutoStore to Softbank for $2.8bn
THL will continue to be a majority shareholder and EQT, which sold its majority stake to THL in 2019 but retained 10%, will also still be invested
Nordic Fundraising Pipeline - Q1 2021
Unquote rounds up notable fundraises ongoing across the Nordic market, including EQT, Axcel, CapMan, Saga, and more
Nordic IPO rush drives exit opportunities for GPs
Wave of Nordic IPOs shows no signs of receding this year, often driven by new opportunities emerging from the pandemic
Armada Credit Partners closes fifth fund on €210m
Fund V is already 50% deployed and has made seven investments so far
Hg acquires Trackunit from Goldman Sachs, Gro Capital
Sale comes nearly six years after the GPs acquired the company
Klar Partners closes debut fund on €600m hard-cap
GP started raising the fund in March 2020 and said the vehicle was "significantly oversubscribed"
Nordic Capital acquires minority stake in Leo Pharma
GP's stake is reportedly smaller than 25%, with the current owner remaining as the majority shareholder
Carlyle Group to acquire End Clothing
Company founders will retain minority stakes while Index Ventures will exit
Triton reaps 2.4x return on sale of Logstor
Deal comes more than seven years after Triton invested in Logstor via Triton Fund III
EQT sells Desotec to Blackstone
Deal reportedly values the company at an EV of around €800m, corresponding to a multiple of 27x EBITDA
Ferd acquires IT firm Norkart
Mergermarket reported in December 2020 that Norkart was being marketed based on EBITDA of around NOK 83m (тЌ7.8m)
Palamon, Corsair in £165m dividend recap for Currencies Direct
GPs reportedly mandated William Blair in December 2020 to explore strategic options
Queen's Park Equity backs MBO of Encore Group
Founding partners Stephen Chard and Neil Robinson will also retain a stake in the business
Brygge Partners invests in Tier 1 Asset
Founder and CEO Peter Hemicke will reportedly own 57.5% while board chaiman Lars Aean purchased 5%
BC Partners acquires Davies
Existing investors, US-based PE firm HGGC and Canadian firm AimCo, will remain invested with minority stakes
Inovia Capital closes second growth fund on $450m
Inovia will use the new fund to grow its presence in the UK and Europe
Ceder Capital acquires Kaffekapslen
After the transaction, Kaffekapslen's management team will own around 45% of the company
OpenOcean and Spintop lead €3.6m series-A for Cambri
Lynda Clarizio, former president of Nielsen US Media, joins the board of directors
ByFounders leads $4.6m seed round for Proper
Other investors include PreSeed Ventures, Prehype, Vaekstfonden and Bjarke Ingels
Epidemic Sound raises $450m from EQT, Blackstone
Deal values the Swedish royalty-free music platform at $1.4bn