Articles by Nicole Tovstiga
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 тЌ6.75bn 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 тЌ50m, the fund closed on its тЌ550m 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 тЌ110m
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 тЌ100m and the number of employees increase from 800 to 3,000
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
Nordic acquires additional shares in Nordax
Deal is outside the public cash offer submitted by Nordic Capital and Sampo earlier in February
Alliance backs Boost AI in $5m funding round
Financing will be used to strengthen technical and commercial teams for expansion plans
Ascend Capital backs TactoTek in $23m round
TactoTek will use the fresh capital to expand operations and production capacity
Genesis, Avallon acquire Triton-backed Eqos Energie operations
Once completed, the Czech and Polish companies will operate under the new brand Stangl Technik
VC-backed Vivino raises $20m series-C
Latest round brings Vivino's funding to $57m since first receiving a capital injection in 2011
IK carves out PwC Sweden's business services division
Deal was made via the IK VIII fund, with a debt package provided by Nordic banks
ATP Private Equity Partners VI holds €800m final close
PE arm of ATP also announces a change in its investment strategy and is merging operations
Ring Capital backs $12m series-B for Adikteev
Other backers in the round include existing investors Isai, Ventech and Laurent Asscher
Nordic to restructure fund VII, roll €2.2bn into new vehicle
Buyers Goldman Sachs and Coller Capital are offering an 11% premium to NAV to existing LPs
Tesi leads €6m funding round for Zervant
Zervant plans to use the investment to grow the use of electronic invoicing for micro-businesses

























