Nordics
Nordic Survey 2012
The second edition of unquote's Nordic Survey, published in association with Delphi, paints a picture of optimism among local private equity professionals.
Nordic market bolstered by strong exits
The majority of Nordic private equity practitioners surveyed by unquote" in association with Delphi predict returns of more than 15% for upcoming investments.
Polaris backs MBI of DMP Mølleservice
Polaris Private Equity has taken a majority stake in the MBI of Danish wind turbine service and maintenance provider DMP MУИlleservice.
Procuritas closes fifth fund on €200m
Procuritas has closed its fifth investment vehicle on тЌ200m.
Industrifonden et al. invest SEK 70m in Bonesupport
Industrifonden, Healthcap and Lundbeckfond Ventures have led a second funding round worth SEK 70m for Swedish medical equipment company Bonesupport.
3i exits Finnish outdoor brand Halti Oy
3i has sold its 49% equity stake in Finnish outdoor equipment company Halti Oy to Ingman Group.
Industrifonden leads €11m round in Nuevolution
Industrifonden and existing investors have provided Danish biotech company Nuevolution with a DKK 80.5m (тЌ11m) round of funding.
Intel leads €20m round in FlatFrog
Intel Capital has led a тЌ20m funding round in Swedish touch screen pioneer FlatFrog Laboratories backed by existing investors Invus and Sunstone Capital.
Big boost in Spring dealflow
Nordic activity rebounded sharply in May as nine deals worth an estimated €1.4bn were recorded: more than double the volume, and more than four times the value of the previous month.
Greylock and Northzone lead €25m series-B for iZettle
Greylock Partners and Northzone have led a тЌ25m series-B funding round for Swedish technology company iZettle.
Rise in secondaries highlights tough venture market
Venture secondaries on the rise
Nordic unquote" June 2012
As previously reported last month, ratings agency Moodyтs has downgraded Swedish banks Nordea and Svenska Handelsbanken to Aa3, and Norwegian DNB Bank to A1 т all by one notch, with a stable outlook.
Northzone invests $3m in Soundrop
Northzone has invested $3m in Norwegian music discovery and sharing service Soundrop.
EQT picks up Vertu from Nokia
EQT Partners has acquired luxury phone business Vertu from Nokia.
Balderton dumps Sulake after documentary exposé
Balderton has dumped its stake in Finnish social networking company Sulake following a damning Channel 4 investigation into the firm.
Conor invests €1m in Omegawave
Conor Venture Partners has invested тЌ1m in Finnish sports training equipment provider Omegawave.
European Investment Fund appoints new chairman
The European Investment Fund (EIF) has appointed Dario Scannapieco as chairman of the board of directors.
Listed private equity recovery underway
Listed private equity
Sunstone Capital backs Adenium Biotech
Sunstone Capital has invested DKK 11m in Danish biotechnology company Adenium Biotech.
Polaris-backed STG acquires Dalaspår
Polaris Private Equity portfolio company Scandinavian Track Group (STG), a Swedish provider of railway construction and maintenance services, has acquired its competitor DalaspУЅr.
Polaris-backed Skånska Byggvaror acquires Grønt Fokus
Polaris Private Equity portfolio company SkУЅnska Byggvaror has acquired Norwegian furnishings business GrУИnt Fokus.
The Nordic coming-of-age
The Nordic coming-of-age
Samsung Electronics acquires VC-backed Nanoradio
A consortium of investors including Viking Venture, Creandum, Industrifonden, Nordic Venture Partners, Ferd Venture, Innovacom, Anchor Capital and Teknoinvest have exited Swedish technology business Nanoradio to Korean electronics company Samsung.
Macro challenges make manager selection crucial
The Nordic region has enjoyed a boon of LP interest in recent years, but global economic woes will make outperformance harder. Kimberly Romaine reports from Stockholm