Nordics
CapMan Buyout invests in Acona
CapMan has acquired Acona Holding AS, a Norwegian provider of well and drilling services.
KKR and Permira sell ProSiebenSat.1's Nordic unit
Kohlberg Kravis Roberts & Co (KKR) and Permira have sold SBS, the Nordic unit of German media empire ProSiebenSat.1 Media, to trade buyer Discovery Communications for €1.325bn.
Industrifonden et al. back ClearCar
Industrifonden has invested SEK 13m in Swedish vehicle inspection start-up ClearCar.
Creandum backs Vivino
Nordic VC Creandum has invested $1m in a series-A funding round for Danish social wine-focused app developer Vivino.
Lifeline Ventures backs Applifier
Finnish company Applifier, which operates a cross-promotion network for social games and applications, has raised €3m in a series-B funding round led by Lifeline Ventures.
Nordic Capital execs lose tax case
Nordic Capital executives will have to pay income tax on their carried interest, a Swedish Court says.
Open Ocean Capital backs Nordic Telecom
Finnish unified cloud communication provider Nordic Telecom (NTC) has raised $1.3m in a series-A funding from Open Ocean Capital.
Index Ventures leads €10m round for Trustpilot
Index Ventures and existing investors Seed Capital Denmark and Northzone have invested €10m in Danish company review provider Trustpilot.
Nordic unquote" December 2012/January 2013
The Nordic private equity market – at one point seemingly impervious to the economic turmoil facing the rest of the world – has had a tough year.
Verdane reaps 6x on LensOn exit
Private equity-backed Prescription Eyewear has acquired LensOn, a Nordic online contact lenses seller backed by Verdane Capital.
Ratos in partial exit from Bisnode
Swedish business information firm Bisnode, a portfolio company of Ratos, has divested Baby DM Scandinavia.
Frozen Nordic market
In just two years, Sweden has lost half of its deal volume, showing that even the popular Nordics are not immune from Europe's economic drag.
ICG invests in Viking
Intermediate Capital Group has made a minority investment in Norwegian roadside assistance provider Viking Redningstjeneste.
HitecVision sells Spring Energy Norway to Tullow Oil
HitecVision has sold its 87.6% stake in Spring Energy Norway to London-based exploration company Tullow Oil for approximately $326m.
Fundraising gets personal
Fundraising gets personal
Industrifonden et al. invest in Avtal24
Industrifonden along with private investors Richard Båge, Magnus Wilkne, among others, are investing SEK 10m in Swedish online legal services provider Avtal24.
Verdane exits TeamTec to IMS
Verdane Capital has reaped a 4x multiple on the sale of its entire stake in Norwegian shipping company TeamTec Invest to local steel manufacturer Industri & Montasjeservice AS (IMS).
EQT exits Gambro to Baxter
EQT and Investor AB have sold the remaining division of Swedish healthcare business Gambro Group to trade player Baxter International for SEK 26.5bn.
Nokia sells Optical Networks to Marlin
Nokia Siemens Networks has sold its optical networks business unit to US-based Marlin Equity Partners, in a deal likely to close in the first quarter of 2013.
Reiten exits Basefarm to ABRY
Nordic private equity firm Reiten & Co has sold Norwegian IT company Basefarm to US-based ABRY Partners.
Catella increases stake in IPM
Catella AB has increased its stake in investment services firm IPM Informed Portfolio Management AB from approximately 5% to 25% through a SEK 33m new issue private placement, conditional on an approved ownership assessment.
Nordic PE investment fell in Q3
Private equity funds invested around €1.1bn in the Nordics in the third quarter, €750m less than in Q2, according to the Argentum Q3 2012 Report. The figures paint Q3 as the trough for the region this year.
Ratos sells Contex to Procuritas for $41.5m
Ratos’s portfolio company Contex Group has signed an agreement to sell Danish Contex AS to the private equity fund Procuritas Capital Investor V LP for a total of $41.5m.
Nordic Capital refinances Orc with €60m bond issue
Orc Group, a Swedish financial technology and services provider owned by Nordic Capital, has placed a five-year €60m senior secured high-yield bond.