Nordics
MB Funds to exit Raksystems in sale to Trill Impact
New majority owner will seek to expand the Finnish green building services specialist across Europe
Monterro collects first round bids in Outpost24 auction
Swedish cybersecurity company could fetch around EUR 400m based off 8x-12x ARR
Verdane scores 5x MOIC in partial exit of Inriver to THL
Majority investment from THL Partners sees Verdane retain a minority stake in the Swedish company
Hg to sell Itm8 to Axcel, Chr. Augustinus Fabrikker
Danish IT services company will merge with Axcel-backed AddPro to form a new group with DKK 2.6bn revenues
PAI Partners to sell Perstorp to Petronas subsidiary
Acquisition by Malaysian group values the Swedish specialty chemicals company at EUR 2.3bn
HIG Capital hires Madsen from BC Partners
Stephan Madsen joins HIG's European Middle Market team, where he will focus on the Nordics
Tikehau, Unilever, Axa form EUR 1bn impact fund
Each party has made a EUR 100m commitment and the agriculture-focused fund is now open to new LPs
Schroders gears up for new VC fund-of-funds
Schroders Capital Private Equity Global Innovation Management XI has been registered in Luxembourg
Verdane makes a series of promotions and hires
Norway-based tech investor bolsters its team in line with ambitious growth plans
Ermitage Partners announces five new partners
Placement agent has made two new hires, including Tesi's Jan Sasse, as well as three internal promotions
Hg-backed Visma weighs sale of Custom Solutions division
Sale could be part of the Norway-based software and IT group's streamlining efforts ahead a potential IPO
Cipio holds EUR 202m final close for Fund VIII
Technology growth capital and primary buyout vehicle plans to make four to six deals per year
LP Profile: Novo Ventures ready for steady deployment amid IPO lull
Danish biotech investor’s Naveed Siddiqi on opportunities arising from larger funding rounds and benefits of a two-pronged investment strategy
Nordic Capital readies Signicat for dual-track exit process
Morgan Stanley appointed to guide on options for Norwegian digital identity and signature solutions provider
SwanCap closes fifth fund at EUR 420m
New vehicle will make primary, co-investment and secondary deals; close to 50% deployed
GP Profile: Nordic Alpha Partners on hard-tech, hypergrowth mode
Co-founder Laurits Bach Sørensen tells Unquote about the Danish growth investor’s value creation model and plans for future investments
Stirling Square gears up for fifth fund
Fund registration comes just over two years after the EUR 950m final close of Stirling Square IV
Verdane leads USD 190m growth round for Instabox
Sponsor will roll its stake in Porterbuddy, which was recently acquired by Instabox, and invest new capital in the Swedish e-commerce shipping group
EQT sets Fund X hard-cap at EUR 21.5bn
GP is also on the road for funds including its EUR 4bn, impact-focused EQT Future Fund
The Bolt-Ons Digest – 19 April 2022
Triton's All4Labels; Committed's MR Marine; Goldman Sach's Advania; Main Capital's Perbility; and more
European PE fundraising forges ahead amidst macro uncertainty
Unquote explores LP preferences, GP behaviour and the challenges ahead in what many expect to be a record fundraising year
European Q1 deal value drops amid market volatility
Buyouts in the first quarter fell to EUR 62bn, the lowest level since the recovery from the pandemic started
SEB Private Equity sells Norcospectra to Accent
Commercial interiors business is expected to expand via add-ons and develop its digital offering
Ganni sponsor L Catterton appoints Lazard to explore sale
Denmark-headquartered online fashion retailer could come to market in H2 2022, Mergermarket reported
