Nordics
Northzone's Asetek becomes latest PE-backed IPO
Northzone's US-based company Asetek has listed on the Oslo Stock Exchange, the latest in a string of IPOs in Europe including Moleskine and Countrywide.
Ratos and Bonnier merge SF Bio with Finnkino
Ratos and Bonnier AB have agreed to merge SF Bio and Finnkino Oy, a deal designed to form the Nordic region's largest cinema group.
Fouriertransform backs TitanX
State-owned venture capital firm Fouriertransform AB has agreed to invest SEK 185m in Swedish automotive company TitanX Engine Cooling, which is also backed by EQT.
Investor AB backs Active Biotech with SEK 270m
Investor AB has agreed to buy six million newly-issued shares in Active Biotech, providing the company with SEK 270m in total after transaction costs.
Nordic unquote" March 2013
SVCA head Marie Reinius told unquote” in a recent interview that the most pressing issue for Swedish private equity at the moment is to have clear, long-term guidelines regarding tax regulation that are internationally competitive, for both large and...
Polaris Private Equity’s Alliance+ in 7th bolt-on
Alliance+, a Nordic cleaning business backed by Polaris Private Equity, has completed its seventh bolt-on with the acquisition of Swedish firm Facila.
Northzone leads €3m funding round for Trac ID Systems
Northzone has invested €3m in Statoil-owned Norwegian RFID tracking and optimisation company Trac ID Systems.
Nordic Capital acquires Ellos
Nordic Capital Fund VII has agreed to acquire Swedish home shopping companies Ellos and Jotex from Redcats, a wholly-owned subsidiary of French company PPR.
Litorina et al. invest in Kontorsvaruhuset Gullbergs merger
Litorina Capital Partners has backed a merger to form the new group Kontorsvaruhuset Gullbergs, a Swedish supplier of office wares and related services.
Nordic Capital’s eighth fund holds first close
Nordic Capital has held a first close on €1.7bn for its latest fund, exceeding its expected €1.5bn first-close target.
CapMan Buyout appoints Johnson as partner
Nordic mid-market private equity investor CapMan Buyout has appointed Dan Johnson as a partner in its Stockholm office.
Ratos made SEK 363m loss in Q4
Ratos made a net loss of SEK 363m in the fourth quarter of 2012 and expects the downwards trend to continue during the first half of 2013.
VNT Management's Power Fund III holds final close
VNT Management Oy has held a final close for its Power Fund III on €77m.
Norvestor backs Robust
Norvestor has invested in the steel door division of Sweden- and UK-based Robust AB, which specialises in the production and sale of steel security and fire doors.
CapMan sells remaining shares in MQ
CapMan has sold its entire 28% stake in listed Swedish fashion retail chain MQ for SEK 16 per share, according to reports.
UK activity falls behind France and DACH
The UK & Ireland private equity market has been overtaken by the French and DACH regions in January according to figures from unquote” data.
Sofinnova et al. invest in MetGen
Sofinnova Partners has led a €2.2m round for Finnish start-up MetGen, with participation from Finnish Industry Investment and Finnvera.
EQT exits BTX Group to Sun European Partners
EQT has agreed to sell Danish apparel company BTX Group to Sun European Partners.
CapMan to hire new CEO
CapMan’s board of directors has started a search process to replace its current CEO Lennart Simonsen, who is resigning from his position as part of the firm’s development programme.
Sentica’s fourth fund hits first close
Sentica Partners has held a first close for its Sentica Buyout IV fund at approximately €115m, and aims to hold a final close at around €130m later this year.
Nordic unquote" February 2013
Although January remained fairly quiet compared to historical dealflow levels, EQT made headlines by keeping its fundraising streak alive: the Nordic firm closed its second infrastructure vehicle, EQT Infrastructure II, on €1.9bn after 11 months on...
Verdane acquires Nordic Venture Partners I portfolio
Verdane Capital has wholly acquired the LP interests of Nordic Venture Partners I through its Verdane Capital VII fund.
Via Venture Partners acquires UVdata
Via Venture Partners has, together with several key employees, acquired a majority stake in Danish IT company UVdata AS.
Segulah's S:t Eriks in bolt-on
Segulah portfolio company S:t Eriks AB has wholly acquired stone supplier Stenia i Ulricehamn AB (Stenia).