Nordics
Bluefront Equity acquires Norwegian firm Redox
GP is acquiring a 51.8% stake in the company, alongside its management, according to Finansavisen
FSN acquires Omegapoint from Priveq
Priveq exits the company four years after acquiring a 40% stake
Altor acquires Swedish home appliance maker Aarke
Company has grown rapidly in the last few years, with sales exceeding SEK 200m in 2020, up from SEK 85m in 2019
Polaris backs sportswear retailer Stronger
GP is acquiring a 51% in the company, with the remainder retained by the founders and management
Abingworth Clinical Co-Development Fund 2 closes on $582m
ACCD 2 finances the development of late-stage clinical programmes of pharmaceutical and biotechnology companies
EQT sells StormGeo to Alfa Laval in €363m deal
Deal gives the company an enterprise value of NOK 3.6bn (€363m), which is 17.7x its 2020 EBITDA
Varenne sells Pema to VC-backed JobAndTalent
Trade sale comes a decade after the Swedish GP first invested in Pema in 2011
Debt funds celebrate strong dealflow following Covid stress-test
Direct lenders now see shift away from refinancings and towards new deals, including 2020 processes coming back to life
YielCo holds closes for PE and co-investment funds
YielCo Special Situations Europe II is targeting €300m; YielCo Defensive Investments targets €150m
Gilde Healthcare buys majority stake in Klifo
Gilde Healthcare has now made five investments from its Gilde Healthcare Services III fund
IK sells Hansen Protection to PE-backed Survitec
IK acquired the protective clothing and equipment producer from Montagu in 2013 via IK Fund VII
Park Square Capital Partners IV closes on €1.8bn
Fund invests in primary and secondary subordinated debt in both performing credit and dislocated debt
European PE exits back to historic highs in Q1
Greater visibility on the pandemic's impact, attractive comparables and PE's strong appetite on the buy-side embolden managers
Founders Circle closes third fund on $355m
Fund deploys flexible capital to meet the needs of growth-stage companies and support their expansion
Fundraising fortunes: prevailing LP preferences persist
Alessia Argentieri looks at the winning strategies, and gathers insight from placement specialists as to what the rest of 2021 has in store
Tikehau's SPAC Pegasus raises €500m
Tikehau, Financière Agache, Jean-Pierre Mustier and Diego De Giorgi commit to invest a total amount in excess of €165m
Ares closes Ares Capital Europe V on €11bn
Ace V is Ares' largest institutional fund yet and is 70% larger than its €6.5bn predecessor
Novo Seeds, Ysios Capital lead €51m round for Adcendo
RA Capital Management, HealthCap and Gilde Healthcare also take part in the round for the biotech startup
Endeit Capital holds final close for third fund on €250m
Fund II closed on €125m in 2016; Fund III will continue to invest scale-up capital in European startups
CPPIB, Fidelity lead €262m series-D round for Kry
Company was founded six years ago and has so far raised nearly €500m over five rounds
PE-backed Hemnet lists in €1.15bn IPO
General Atlantic and Sprints Capital, which previously owned 60% and 17%, will remain as Hemnet's largest owners with around 41.1% and 11.8% shareholding, respectively
Triton acquires Geia Food from Credo Partners
Credo exits the company after acquiring a 55% stake in Geia in 2017
DevCo acquires minority stake in Bluefors
GP is deploying equity from DevCo Partners III, which raised €180m at the end of 2019
Digital Alpha Fund II closes on $1bn
Fund invests in digital assets, with a focus on next-gen networks, cloud computing and "smart cities"
