Nordics
Q1 Barometer: Slow start across Europe despite French uptick
The European buyout segment witnessed a slow Q1 volume-wise, with the number of deals recorded being the lowest total since Q1 2014
Altor sells SEK 222m block of Dustin shares
Since SEK 3.8bn listing in February 2015, the GP has reduced its shareholding from 34% to 15%
Deal in Focus: Norvestor defies oil & gas downturn with HydraWell
Oil well integrity company, which will expand internationally, has enjoyed growth against a backdrop of oil price volatility and investor concerns
Goldman Sachs-backed Dong sets summer IPO
Government will retain a 50.1% stake in the national energy company after largest-ever Danish IPO
Priveq’s NRI bolts on KGC Verktyg & Maskiner
Bolt-on is the first acquisition made by NRI since it was acquired by Priveq in 2012
Danske PEP VI holds final close on €700m hard-cap
Year-long stretch of fundraising for final close was held up by LP commitments being mired in regulatory hurdles
TPG holds final close on $10.5bn
Vehicle is the first buyout fund raised by the GP since the global financial crisis
Litorina in SEK 790m trade sale of workwear retailer Grolls
Acquisition by industrial group Swedol is financed by a SEK 300m rights issue
Sentica exits Arjessa in €32m trade sale
Exit for Finnish GP’s third buyout vehicle comes after six years of ownership
Capidea in DKK 250m Klokkerholm Karosseridele exit
Exit comes five years after the Danish small-cap investor acquired 70% stake in the auto-parts company
Norvestor acquires HydraWell
GP is hoping to tap into the growing market for oil well capping technology
Nordic Capital lists Tokmanni in €394m Helsinki IPO
Busy week on public markets for Nordic Capital, who realised €500m of shares in two days
Nordic Capital’s Resurs valued at SEK 11bn in IPO
GP completes Stockholm listing of consumer finance business on same day of Tokmanni IPO in Helsinki
Capidea acquires water treatment business Guldager
Buyout is brought on by succession and sees Steen Ulrik Madsen join the Danish company as CEO
Accent Equity acquires Inteno
Deal is the second carve-out in 12 months for the Swedish mid-market buyout house
Nordic Capital fully realises investment in Thule
GP exits its final 10.5% stake in the listed sports equipment maker after a nine-year investment
Priveq takes stake in digital signage maker Visual Art
Stockholm-based digital signage business is the GP’s third acquisition in April
Via Venture and ATP in DKK 1.6bn exit of Neas to Centrica
Exit comes a year after the Danish pension fund and its in-house PE firm invested DKK 500m
Priveq acquires audiobooks publisher ILT Inläsningstjänst
Investment was made through the Swedish small- and mid-cap GP's 2015-vintage Priveq V vehicle
Armada Interactive raises $3m from Initial Capital et al.
Other backers include Index Ventures, ProFounders Capital, Backed and Reaktor Ventures
Former Altor and Nordic Capital veterans launch Summa Equity
GP will focus on buyouts in sectors with climate and demography-driven changes
CataCap takes majority stake in Casa
Founder Michael Mortensen completes second sale to PE after exiting HusCompagniet to Axcel
Summa acquires eGain stake from Ceder Capital
Existing investors will roll over part of their equity and remain minority shareholders
Corporate finance firms Capitalmind, EquityGate to merge
Business will operate under the Capitalmind brand out of six European offices