Nordics
Norinnova invests in ProAware
Norinnova Forvaltning AS has invested in ProAware AS through its Norinnova Invest AS fund, taking a 23.3% stake in the company.
Buyouts: All-equity deals on the wane
All equity buyouts have been a common feature in the private equity market since the onset of the financial crisis. Driven by poor leverage availability and high prices at the time, this trend is now in decline as markets return to normal. John Bakie...
Litorina buys Sweden's Björnkläder
Private equity firm Litorina has acquired Swedish retailer BjУЖrnklУЄder from the Davis Service Group.
Via Venture raises new €134m fund
Via Venture Partners has raised a new тЌ134m fund called Via Venture Partners Fond II K/S.
Cause to cancel Christmas?
With one month to go until Christmas, private equity professionals have other things on their minds than making holiday arrangements for the season.
EQT set to sell or float Kabel
EQT is looking to exit German cable operator Kabel Baden-Wuerttemberg either through a sale or a flotation, according to reports.
HitecVision invests in Core Energy
HitecVision has provided $150m equity for new independent oil and gas company Core Energy AS.
Ratos acquires KVD Kvarndammen
Ratos has agreed to wholly acquire auction house and valuation company KVD Kvarndammen AB from the Sixth AP-fund and founders.
Ratos makes take private offer for Biolin
Ratos has made an offer of SEK 11.50 per share for analytical instruments provider Biolin Scientific AB.
Fund lifetimes: Extend and pretend?
With market fears that a capital overhang could encourage reckless investments and artificially high valuations, would it make sense to redesign the private equity fund model to allow for longer investment and holding periods? The argument has gained...
Bure Equity sells Energo for SEK 230m
Bure Equity AB has agreed to sell its 94.5% stake in engineering consulting company Energo to УF AB for SEK 230m.
Norvestor looking to sell Elixia
Norvestor Equity is looking to sell its stake in Nordic gym operator Elixia Nordic ASA, according to reports.
Investinor et al. inject NOK 50m in Havgul
Investinor and existing investor Sustainable Technologies Fund have provided NOK 50m for Havgul Clean Enery AS, a developer of wind power projects.
Secondary buyout activity stable despite market fears
Despite widespread concern over the number of secondary buyouts being seen in the market, unquoteт research suggests they are no more common today than they were in 2005. John Bakie investigates
ALMI and Entreprenörsfonden invest in Sprint Bioscience
ALMI Invest and FУЖrsta EntreprenУЖrsfonden have invested SEK 2m in lead generation company Sprint Bioscience.
Eqvitec in secondary direct transaction with Verdane
Eqvitec Partners and the investors in Eqvitec Technology Fund II have completed a secondary direct transaction with Verdane Capital.
Advent Venture holds final close of $120m fund
Advent Venture Partners has announced the final close of its Advent Life Sciences fund, having raised $120m.
Video Interview: 3i's Michael Queen
The private equity landscape has changed since the financial crisis, and firms will need to adopt new strategies to make a success of their portfolio companies, according to 3i's chief executive, Michael Queen.
Mid-market: The next big thing?
Even though big buyouts have staged a spectacular comeback in 2010, mid-market transactions are widely expected to be at the forefront of dealflow and value creation going forward т but strong headwinds could make for a rough, if ultimately rewarding,...
IK Investment Partners sells Welzorg
IK Investment Partners has sold Dutch mobility aids distributor Welzorg to Louwman Group.
Secondary buyouts: black sheep of the industry?
Secondary buyouts have often come under fire, accused of offering poor returns for LPs. But new research suggests secondary returns can match those seen in primary buyouts. John Bakie investigates
Private equity firms interested in ISS
Private equity firms are looking to acquire Danish cleaning services provider ISS as the deadline for the first round of the sales process nears, according to reports.
Consortium invests DKK 27m in PhotoSolar
A consortium consisting of SET Venture Partners, VУІkstfonden, Teknologisk Institut and Syddansk Teknologisk Innovation have provided DKK 27m for PhotoSolar A/S.
Isle of Man pitches for business in the new PE environment
It may seem counter-intuitive, in a particularly bleak fundraising environment, to be heavily promoting the latest iteration of a specialist tax-efficient fund structure, but that is what the Isle of Man has been doing. Julian Longhurst investigates....