Nordics
Credo offloads Fora Form for NOK 67m
Credo Capital Partners has sold Norwegian furniture manufacturer Fora Form to Swedish interior design firm Lammhults Design Group for NOK 67m.
VC-backed Sol Voltaics raises $9.4m
Sweden-based Sol Voltaics has raised a further $9.4m from Norwegian investment company Umoe and a private investor.
Industrifonden invests SEK 35m in Smartfish
Industrifonden has acquired a 25% stake in Norwegian clinical nutrition company Smartfish for SEK 35m.
Capman exits Curato to Altor
Capman Buyout has agreed to sell Curato, a Norwegian provider of medical imaging services, to Altor Equity Partners.
Accent sets sight on Candyking IPO
Accent Equity Partners is to pursue a flotation of confectionery retailer Candyking, according to reports.
Bridgepoint sells Terveystalo to EQT
Bridgepoint has sold Finnish private healthcare provider Terveystalo to EQT for a reported €650m.
Verdane et al. exit Compricer.se to Schibsted
Verdane Capital, founder Jacob Tolleryd and private investors have sold Swedish price comparison website Compricer.se to Schibsted Media Group.
Carlyle acquires BTI from Valedo Partners
The Carlyle Group has acquired Swedish subtitling company Broadcast Text International (BTI) from Valedo Partners.
Impax to acquire two Finnish wind power projects
Impax Asset Management has agreed to acquire the Kuolavaara-Keulakkopää and Joukhaisselkä pre-construction-stage wind power projects from Fortum and Metsähallitus.
Earlybird et al. back Jumpstarter with $1.7m
Earlybird Venture Capital, Paua Ventures and Martin Sinner have provided $1.7m in funding for Jumpstarter, a Stockholm-based productivity tool for developers.
Verdane acquires four companies from eEquity for SEK 150m
Norwegian secondaries direct investor Verdane Capital has acquired a 15-30% stake in four Scandinavian e-commerce companies held by Swedish investor eEquity.
Adelis Equity hits first close for maiden fund
Stockholm-based Adelis Equity Partners’ maiden fund has hit a first close at €230m following less than six months of fundraising, according to sources close to the situation.
SAEV backs InflowControl
Saudi Aramco Energy Ventures (SAEV) has backed InflowControl, a Norway-based provider of inflow control device (ICD) technology designed to increase the recovery and production from oil and gas fields.
ThingLink raises $2m in Inventure-led second funding round
Helsinki-based image interaction company ThingLink has raised $2m in a funding round led by existing backer Inventure.
EQT promotes Blecher and de Muynck
Lennart Blecher, EQT
Sunstone Capital exits Zymenex to Chiesi Group
Sunstone Capital has agreed to sell Danish biopharmaceutical group Zymenex to Italian pharmaceutical company Chiesi Group.
Alder backs Powerbox
Alder has invested in Sweden-based Powerbox International, a manufacturer and distributor of power converters and associated products.
Verdane sells SmartMotor to Rolls-Royce
Verdane Capital has sold Norwegian technology company SmartMotor to Rolls-Royce Marine, divesting the asset from Verdane Capital V.
Texas retirement fund commits €40m to Nordic Capital VIII
The Texas County & District Retirement System (TCDRS) has committed €40m to Nordic Capital's latest vehicle.
Sentica’s Citec in new bolt-on
Sentica Partners portfolio company Citec has acquired Norwegian oil and gas company M7 Offshore.
ISS appoints Sir Charles Allen ahead of revived IPO
Danish facilities group ISS, backed by EQT and Goldman Sachs, has appointed Sir Charles Allen as chairman, suggesting the firm may once again revive plans for an IPO.
EQT to appeal tax decision
As expected, EQT Partners will appeal the Swedish tax authority's decision to tax carried interest as income, presenting some of the firm's staff with a SEK 670m tax bill.