Eliza Punshi
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PE-backed 9Altitudes adds on Danish firm Optimate
Merged group is expected to generate a turnover of €65m and employ 400 staff across four countries
EQT sells Flying Tiger Copenhagen to Treville
Company founder Lennart Lajboschitz has also reportedly sold his 29% stake in the company
Ermitage launches fund advisory boutique in Helsinki
Firm will help GPs raise capital from institutional investors and large family offices in Europe and South Korea
Silver Lake, Nestlé lead €3.5bn investment in IVC Evidensia
Existing owner EQT partially exits its stake from EQT VII, but reinvests through EQT IX
EQT Ventures leads €75m series-B round for Instabox
Funding will be used to develop technology to enhance value-chain for customers and merchants, and for expansion outside of Sweden
Finch holds first close for third European fintech fund
New fund is targeting €150m and will double down on AI-enabled fintech companies in Europe
TA Associates to invest in French company DL Software
Software developer has realised an average annual growth rate of more than 10% since its founding
PE-backed Oatly could list as early as May – report
Company was previously considering listing in Hong Kong, but is now looking at the US, according to reports
Klar Partners buys Sandbäckens from Segulah
Segulah exits the company five years after acquiring it via Segulah V
AnaCap sells Equa Bank to Raiffeisen Bank
GP says the digital bank had grown its deposit base and loan book by more than 12x and achieved 36x growth in revenues
Enterprise Investors completes PragmaGo take-private
GP plans to de-list the company from the Warsaw stock exchange "as soon as possible"
Genesis closes first growth fund on €40m hard-cap
Vehicle was launched in May 2018 and held a first close in October 2019
Nordic Capital acquires, merges Sambla and Advisa
GP will become the majority owner and will actively support the new company in the next expansion phase
Vendis acquires Dutch company Ecostyle
Deal is Vendis's third investment from Vendis Capital III, which held a first and final close on €300m in July 2019
PE-backed Cint announces intention to float
Offering is expected to provide Cint with proceeds of approximately €75m
Verdane increases stake in Bellman Group
GP now holds a 74.5% stake in the company, having previously bought 35.8% in 2016
Vækstfonden, Danske Bank et al. in €4.9m round for Airtame
Latest funding takes its total raised to approximately €14.1m and will enable the company to accelerate product development and hire more staff
Omikron buys Polish company Dagat ECO
GP invests in Polish SMEs, particularly production-based and services companies with scalable business models
EQT Ventures et al. sell Peakon to trade for $700m
Since being founded in 2015, Peakon raised around $68m from investors including EQT Ventures, Atomico, IDInvest, Balderton and Heartcore.
Den Sociale Kapitalfond buys Profilservice
GP focuses on Nordic SMEs with a potential for growth and positive social influence in the local community
Equip Capital buys IT consultancy Miles
GP is currently deploying its first fund, which was launched in December 2018 and held a final close last month on its hard-cap of €180m
Advent-backed InPost prices IPO at €8bn valuation
Company has been owned by Advent International, which acquired the company alongside its listed parent company Integer in April 2017
Verdane exceeds target for second Edda fund; closes on €540m
Fund exceeded its target of €450m by €90m and was "significantly" oversubscribed
Maki.vc leads €1.5m round for Finnish company Calqulate
Finnish venture capitla firm Maki.vc has led a €1.5m funding round for Helsinki-based financial analytics provider Calqulate.