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Nordics

Norrlandsfonden refinances Mackmyra

Norrlandsfonden has extended its convertible debt facility for Swedish whisky distillery Mackmyra Svensk Whisky AB for another five-year period.

  • Nordics
  • 29 November 2012
NTC Holdings further reduces stake in TDC

The holding jointly owned by Apax, Blackstone, KKR, Permira and Providence has sold 80 million shares in Danish telecommunications company TDC.

  • Nordics
  • 29 November 2012
Northzone buys 11% of Trustpilot from DSI

Northzone Venture has acquired an additional 11% of consumer reviews website Trustpilot from Danish governmental seed investment vehicle DTU Symbion Innovation AS.

  • Expansion
  • 28 November 2012
Volume and value of European mega-buyouts 2012 YTD
UK mega-buyouts worth more than €10bn this year

In defiance of problems on the continent, the UK has seen a surge in mega-buyouts this year, topped off with the recent acquisition of Annington Homes for £3.2bn.

  • UK / Ireland
  • 23 November 2012
SVCA report reveals dive in venture activity

Sweden venture capital activity is at its lowest level since 2007, according to the SVCA’s latest quarterly report.

  • Nordics
  • 22 November 2012
Herkules Capital's Pronova BioPharma receives takeover bid

Herkules Capital's Norwegian portfolio company Pronova BioPharma has received a voluntary cash offer from German chemicals company BASF SE.

  • Investments
  • 21 November 2012
KIC InnoEnergy and Sting join forces

Sting (Stockholm Innovation and Growth) is teaming up with KIC InnoEnergy Sweden to offer development support to Stockholm-based start-ups within the renewable energy sector.

  • Nordics
  • 20 November 2012
Nordic Capital sells Neonet

Nordic Capital has sold its majority stake in electronic trading service Neonet to Hay Tor Capital, KAS Bank and Neonet management.

  • Nordics
  • 16 November 2012
CapMan Buyout X holds first close

CapMan Buyout X has held a first close at €152m.

  • Nordics
  • 15 November 2012
Inventure leads €1.2m series-B round for Miradore

Inventure and Belgian ICR executive Willem Hendrickx have invested €1.2m in Finish IT platform provider Miradore.

  • Nordics
  • 15 November 2012
HitecVision hires senior partner

Norwegian GP HitecVision has hired Alf Thorkildsen as senior partner.

  • People
  • 15 November 2012
construction-for-web
Are infrastructure deals the key to the Nordic market?

In the quest for high-quality deals that are convincing enough for banks to back and make investors excited about the coming fundraising round, Nordic players have looked towards infrastructure.

  • Nordics
  • 15 November 2012
Northzone et al. exit T-Vips

Northzone and Incitia Ventures have exited their stake in Norwegian broadcast technology company T-Vips.

  • Exits
  • 14 November 2012
Capio buys healthcare division of PE-backed Ambea

Capio – a portfolio company of Apax and Nordic Capital – has acquired Carema Healthcare from Carema, the Swedish healthcare division of private equity-owned Ambea.

  • Portfolio management
  • 14 November 2012
Nordic deals by country November 2011 to October 2012
Sweden continues to lead Nordics

Sweden outpaced its Scandinavian neighbours in the 12 months leading up to November. A SVCA study shows that industry optimism returned just in time for year-end.

  • Nordics
  • 12 November 2012
Fjord Capital's BioGasol secures €5m equity funding

Danish alternative fuel provider BioGasol ApS has secured €5m in equity financing from existing investors including Fjord Capital Partners, alongside a €10m grant from the Danish Energy Agency.

  • Nordics
  • 12 November 2012
Perusa buys Opcon division for SEK 218m

Perusa has acquired the engine efficiency division of Opcon, a Swedish energy and environmental technology group, for SEK 218m.

  • Nordics
  • 12 November 2012
Unquote Analysis Nordics Cover
Nordic unquote” November 2012

In the quest for high-quality deals that are convincing enough for banks to back and make investors excited about the coming fundraising round, Nordic players have looked towards infrastructure.

  • Nordics
  • 08 November 2012
Marco Agostini of Vertis
Southern Italian VCs shaping the industry's future

Southern Italy

  • Benelux
  • 08 November 2012
Swedish authorities continue to press for tax change

Sweden's tax authorities are vehemently pushing for a change in the taxation of proceeds for private equity fund managers.

  • Nordics
  • 08 November 2012
Almi Invest et al. back PromoBucket spin-off

Almi Invest and 1:a Västmanlandsfonden have backed the spin-off of Swedish software-as-a-service (SaaS) provider PromoBucket from advertising agency Navii.

  • Early-stage
  • 08 November 2012
Ian Armitage from Tenzing
Listed PE yields results

The investment landscape is rapidly transforming, reshaping itself almost beyond recognition as past follies take their toll on institutional investment powerhouses and new investors arise to take their roles in this new world. But will the much maligned...

  • Fundraising
  • 07 November 2012
Standard management fees for large-cap funds remain controversial
The irrelevance of fees

Fees: irrelevant?

  • Fundraising
  • 06 November 2012
AXA PE opens Beijing office

AXA Private Equity has opened an office in Beijing, its first in China.

  • Benelux
  • 06 November 2012
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