Eliza Punshi
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Articles by Eliza Punshi
Nordic buyout deal volume peaks in H1 2021
Dealflow was more than double that seen in H1 last year, and up 25% on the first half of 2019
Bain Capital, Thrive lead €126m round for Pleo
Company was founded six years ago and has since raised nearly €200m over three funding rounds
ASI raises $556m for fourth secondaries fund
Since launching its first secondaries fund in 2014, ASI's private equity secondaries programme has now raised almost $1.5bn through four funds
GP Profile: Summa Equity
Reynir Indahl believes GPs should move beyond ticking ESG boxes to 'impact-weighted' reporting
EQT sells Iver to ICG
EQT claims that, under its ownership, the company more than tripled its revenues over the last three years
Livingbridge buys World of Books from Bridges
Bridges partially exits the company five years after paying £13m for just over 50% of the company.
Pemberton hires Graeme Dell as COO
Dell started at the firm on 1 July, and replaced Thomas Lack, who retired at the end of June
Bid Equity sells Myneva to Summa
Bid Equity had reportedly mandated GCA Altium to consider sale options at the beginning of the year
CapMan acquires Verdane's MM Sports
Verdane mandated Clearwater International in Q1 to assess its exit options
CapMan exits Solera Beverage Group to trade
Exit comes a decade after CapMan acquired a majority stake in Solera alongside co-investors and the management
Polaris sells ProData Consult to Axcel
Axcel reportedly pays nearly DKK 2bn (€269m) for the company, suggesting a 13.3x EBITDA multiple
EQT to sell Fertin Pharma to Philip Morris
EQT exits the company four years after it acquired a 70% stake in it from the founding Bagger-Sørensen family
Nordic Capital raises €1.2bn for first mid-market fund
GP launched the fund in April 2021 and took three months to raise the vehicle which will target mid-market companies across Northern Europe
KKR opens office in Stockholm to step up Nordic activity
The office is the GP's ninth in EMEA, in addition to Paris, Frankfurt, Madrid, Dublin, Luxembourg, London, Dubai and Riyadh
Verdane acquires Silva and Nordic Vehicle from Karnell
Karnell's exit comes a decade after it invested in both Silva and Nordic Vehicle.
Altor buys Palette Software from Monterro
Monterro's exit comes six years after it acquired a minority stake in the company
Phoenix nets 4.3x return on sale of Rayner Surgical to CVC
CVC will deploy equity from its Fund VIII, which held a final close on £21.3bn
Oakley to sell majority stake in Ace Education to trade
Exit will generate a gross return on investment of nearly 2.1x money and around 27% IRR for Oakley Capital Private Equity III
Hg, Vista Equity Partners to sell Allocate to trade
Sources told Mergermarket in May that the company could fetch a valuation of around £1bn
Cinven buys Arcaplanet from Permira in €1bn-plus deal
Pet care retailer reportedly fetched more than €1bn
Riverside buys Danish cybersecurity firm Cryptomathic
GP was supported by its institutional co-investors on the deal and plans to carry out add-ons in the cryptography space
Klar to acquire Finnish installation company QMG
GP will merge QMG with its recently acquired Swedish portfolio company Sandbackens to create a new group
Altor, Goldman Sachs sell Navico to trade in €880m deal
Altor exits the company 15 years after creating the company by merging Simrad Yachting and Lowrance Electronics
Multiples continue to climb in Nordic region as activity booms
Nordic PE market saw record levels of deal value in Q1, with valuations soaring even higher on the back of renewed optimism