Articles by Eliza Punshi
LP Profile: PFR increasingly eyeing funds outside Poland
Polish LP has invested €75m in four private equity firms in recent months, including Apax Partners, PAI Partners and Avallon MBO
DevCo acquires minority stake in Bluefors
GP is deploying equity from DevCo Partners III, which raised €180m at the end of 2019
KKR leads €100m series-C for Ornikar
Existing investors Idinvest, BPI, Elaia, Brighteye and H14 also took part in the fundraising
EQT closes ninth buyout fund on €15.6bn
Vehicle was launched in January 2020 and is already 40-45% deployed
NorthEdge announces senior appointments, promotions
A chief operating officer and head of ESG are among the new appointments at the UK-based GP
Jolt, Tesi et. al in €30m round for Virta
With the funding, the Finnish company will seek to expand into Asia, which it said was one of the largest markets for EV charging alongside Europe and North America
BDT invests in AGP Group
BDT is investing alongside the Mannheim family, who will continue as the controlling shareholder
Verdane appoints sustainability expert Osmundsen as partner
Erik Osmundsen will be responsible for strengthening Verdane's capabilities in sustainability
Swedish VC Pale Blue Dot closes debut Climate Tech Fund on €87m
GP is looking to invest in 35 tech startups in Europe and the US that are focused on the climate
Icebreaker closes second fund on €100m
VC also closes a €20m Opportunity Fund, which will be used for follow-on investments in portfolio companies from the first fund
IK closes third small-cap fund on €1.2bn hard-cap
New fund is more than double the size of its €550m predecessor, IK Small Cap II Fund, which is now almost fully invested
Resource Partners buys dog food maker Atlantic Products
GP plans to merge Atlantic with portfolio company Maced, in which it acquired a majority stake last year
Electric car maker Polestar raises $550m from new investors
Company raised $1.2bn in a series-A round last year and said that further fundraising was being considered
Tera Ventures closes second fund on €43m
According to Unquote Data, the fund was launched in January 2018 and had a target of raising €55m
BaltCap closes third fund on €177m hard-cap
GP committed €5m of its own capital to the fund, the largest amount it has committed to any of its own funds
Gro Capital invests in Danish firm Luxion
According to Borsen, the GP's stake is more than 35% and that the deal valued Luxion at almost DKK 1bn (€134.5m)
Strong 2020 for Nordic tech, VC and IPOs, says Argentum
CEO Joachim Høegh-Krohn speaks to Unquote about the report's key takeaways
Accel, IVP lead $69m series-B for Veriff
AI company has raised $92.8m to date and will use the proceeds to expand in the US market and enhance its product offering
Polaris merges four financial advisory firms into North
Deal is the third from Polaris Private Equity V, which launched in 2019 and was targeting €550m
Nordic Capital-backed Trustly announces plan to list
Fintech company is reportedly seeking a valuation of €7-9bn
KJK acquires heavy equipment provider Alwark
GP will acquire a 66% stake in the company via its €250m KJK Fund III
PE-backed Hemnet plans to list in Q2
The proposed listing comes six years after General Atlantic acquired a controlling stake in the company reportedly for around SEK 2bn
PE-backed Allfunds to list within weeks
Company's backers could raise around €2bn through the IPO, according to Mergermarket
SoftBank, Prosus lead €223m round for Kolonial
New round reportedly gives the company a post-money valuation of €750m, up significantly from its last valuation of around $178m in 2017