Nordics
CapMan completes Cardinal Foods exit
CapMan has completed the sale of Cardinal Foods to CapVest and a company formed by Swedish agricultural cooperative Lantmännen Group.
VC-backed Spotify acquires Tunigo
Creandum-backed Spotify has acquired Stockholm-based digital music business Tunigo from Swedish app developer Snowfish.
Norrlandsfonden backs Presto Marine
Norrlandsfonden has invested in Swedish start-up Presto Marine AB.
CVC plans Matas listing
CVC Capital Partners is understood to be planning an IPO for Danish beauty retailer Matas on the Copenhagen stock exchange.
EQT’s internetstores acquires Addnature for SEK 230m
EQT-backed internetstores GmbH, an online bicycles and outdoor equipment retailer, has agreed to acquire Swedish online retailer Addnature AB for SEK 230m.
Ratos issues shares to finance acquisitions
Ratos plans on increasing its share capital by up to SEK 2m through a new issue of up to 830,000 class-C preference shares.
Metastudy: Private equity drives innovation and growth
A new secondary research report has found that private equity investing leads to increased foreign investment and improvements in innovation.
Catalyst Investors backs Reputation Institute
Catalyst Investors has completed a minority equity investment in Danish corporate reputation measurement firm Reputation Institute.
Industrifonden et al. back Flexenclosure
Industrifonden, Andra AP-fonden (AP2) and International Finance Corporation (IFC) have invested SEK 160m in Swedish information and communications technology infrastructure provider Flexenclosure.
Prometheus in partial Pandora exit
Prometheus Invest ApS has agreed to sell 13 million shares in Pandora AS to institutional investors for DKK 2.6bn.
Ratos acquires majority stake in Hent for NOK 310m
Ratos has agreed to acquire close to 73% of Norwegian construction company Hent for NOK 310m.
EU postpones Solvency II rules on pensions
The European Commission has postponed a bid to apply Solvency II style rules to pension funds as part of the revised IORP Directive.
Nordic Capital and CVC sell Cloetta shares
Nordic Capital and CVC Capital Partners have partially exited Swedish confectionery company Cloetta AB.
Beechbrook mezzanine fund hits €67m first close
Northern European investor Beechbrook Capital has raised €67m for its latest mezzanine fund at first close.
Lundin exits Vostok Nafta to Luxor Capital
Lundin, via Lorito Holdings Ltd and Zebra Holdings and Investments Ltd, has exited Vostok Nafta Investment Ltd to Luxor Capital.
Industrifonden, Zobito et al. invest SEK 20m in Qwaya
Industrifonden and Zobito have joined previous owners to invest SEK 20m in Swedish social media advertising business Qwaya.
HealthCap, Industrifonden et al. back Oncopeptides
HealthCap, Industrifonden and other investors have taken part in a series-A financing round for Swedish medical start-up Oncopeptides AB.
BlueBay reaches €800m final close for Direct Lending Fund
BlueBay Asset Management has held a final close for its Direct Lending Fund after exceeding its initial €500m target.
Cloetta acquires Goody Good Stuff
Nordic Capital- and Cidron-backed Cloetta AB has acquired UK-based candy company Goody Good Stuff.
3i reaps 2.3x on Xellia exit
3i has agreed to sell Xellia Pharmaceuticals AS, a Norwegian speciality pharmaceutical group, to Novo AS for £460m.
Triton Partners closes fund on €3.3bn
Triton Partners is thought to have closed its latest fund, Triton Fund IV, on €3.3bn, setting a record for a German-based GP.
AP6's Swartling on strategy, regulation and CSR
Karl Swartling, CEO of AP6, discusses the Swedish government’s Langensjö inquiry into state pension funds and its recommendations for drastic saving measures. How will it affect AP6 and how best to prepare for the changes?
Swedish venture faces critical funding gap
When it comes to venture capital, opportunities abound in Sweden. Yet, despite the success stories, a critical funding gap threatens the future of the industry. Amy King reports
Nordic private equity hushed but hopeful
Nordic PE