Nordics
Hg-backed IT Relation bolts on Improsec
With the latest acquisition, IT Relation will add cybersecurity as its fourth business area, alongside cloud services, business consultancy and professional services
Vidici Ventures et al. in €2m seed round for ReceiptHero
Startup will use the proceeds for further product development, and to expand into Sweden and the Baltic region next year
Alfvén & Didrikson leads $12m round for Klevu
Retail search engine startup has raised €15m since being founded in 2013
EQT-backed Recover bolts-on SWE Skadeteknikgruppen
Deal is Recover's 23rd acquisition since it was established six years ago, and the third since being acquired by EQT
Verdane, Canica acquire Porterbuddy
Investment reportedly gives the company a valuation of NOK 200m, up from NOK 120m a year ago
PE-backed Sortera acquires Vaihtolava
Deal is Sortera's 13th acquisition since it was established in 2006
Raine Group leads $160m series-C round for Voi
New funding is reportedly three parts equity and one part debt, and brings Voi's total funding to $360m
Via Equity sells Profit Software to Volpi
Sale comes six years after the GP, alongside Tesi, acquired the company from CapMan
PE-backed Loxysoft sold to trade
Buyer is wholly acquiring the company for a debt-free purchase price of around €13.6m
Monterro buys SaaS company TimeEdit
GP has reportedly acquired a stake of around 75% for almost SEK 100m (€9.8m)
Norrsken, Partech lead €5m round for Material Exchange
Startup was founded last year and has reportedly raised $8.2m so far
Certior holds first close on €35m for special opportunities fund
Fund has a target of €75m and is due to hold a final close in May 2021
GP-backed Diaverum scraps plans for IPO
GP said indications received did not fully reflect the fundamental value of the business
TriSpan Opportunities Fund II holds first close
Fund focuses on investment opportunities in the lower-mid-market across North America and Europe
Scottish Equity Partners invests in Dohop
With SEP's support, Dohop intends to scale up its team and expand its global sales
Axcel buys three staffing agencies
Combined group generates revenues of DKK 850m and employs 150 staff across 11 offices in Denmark
SR One set to deploy $500m fund following GSK spin-out
CEO Simeon George tells Unquote that the firm is seeing early-stage and later-stage opportunities
Nordic Capital's Nordnet completes listing
IPO gives the company a market cap of SEK 24bn, compared with SEK 6.6bn at its take-private in 2017
Andreessen Horowitz raises $4.5bn across two funds
VC raises $1.3bn for its seventh early-stage fund and $3.2bn for its second growth fund
HIG Europe Capital Partners III closes on €1.1bn
Fund invests in buyouts, recapitalisations and corporate carve-outs of European businesses
Via Equity sells EnviDan to Waterland
Via Equity acquired the water and wastewater consultancy in 2015 through Via Venture Partners Fond II
Edge invests in Blast
Investment manager Niall Santamaria led the investment for Edge and has been appointed to the board
Alder to exit Finnish company Aidon in Q1 2021 – report
GP acquired a majority stake in the company in 2013, alongside 2VK Invest, Tesi and key employees
GSK spinout SR One closes $500m debut fund
Biotechnology-focused vehicle will invest in Europe and the US, with GSK as cornerstone investor
