Nordics
CapMan exits Solera Beverage Group to trade
Exit comes a decade after CapMan acquired a majority stake in Solera alongside co-investors and the management
Unigestion holds €611m final close for second Direct fund
Fund surpasses its тЌ600m target and is more than 40% deployed
Polaris sells ProData Consult to Axcel
Axcel reportedly pays nearly DKK 2bn (тЌ269m) for the company, suggesting a 13.3x EBITDA multiple
EQT to sell Fertin Pharma to Philip Morris
EQT exits the company four years after it acquired a 70% stake in it from the founding Bagger-SУИrensen family
Nordic Capital raises €1.2bn for first mid-market fund
GP launched the fund in April 2021 and took three months to raise the vehicle which will target mid-market companies across Northern Europe
KKR opens office in Stockholm to step up Nordic activity
The office is the GP's ninth in EMEA, in addition to Paris, Frankfurt, Madrid, Dublin, Luxembourg, London, Dubai and Riyadh
Verdane acquires Silva and Nordic Vehicle from Karnell
Karnell's exit comes a decade after it invested in both Silva and Nordic Vehicle.
Healthcare buyout value hits new high in first half
Trio of mega-buyouts push the aggregate value of deals to тЌ19.5bn in H1, versus тЌ11bn in H2 last year
Altor buys Palette Software from Monterro
Monterro's exit comes six years after it acquired a minority stake in the company
Pandemic sinks dealflow in restaurants & bars to 10-year low
Activity in the sector has not yet returned to previous levels, with four buyouts totalling тЌ285m recorded to date in 2021
Riverside buys Danish cybersecurity firm Cryptomathic
GP was supported by its institutional co-investors on the deal and plans to carry out add-ons in the cryptography space
Klar to acquire Finnish installation company QMG
GP will merge QMG with its recently acquired Swedish portfolio company Sandbackens to create a new group
Altor, Goldman Sachs sell Navico to trade in €880m deal
Altor exits the company 15 years after creating the company by merging Simrad Yachting and Lowrance Electronics
Multiples continue to climb in Nordic region as activity booms
Nordic PE market saw record levels of deal value in Q1, with valuations soaring even higher on the back of renewed optimism
Sparkmind closes first Edtech fund on €55m
Vehicle will back up to 25 companies with up to тЌ5m in stages ranging from seed to series-B rounds
Priveq sells Scanmast to trade buyer for €24m
As part of the acquisition, Scanmast CEO Ann-Charlotte Andersson also acquires shares
Accent exits kitchenware retailer Cervera in sale to trade
Under Accent's ownership, the company's revenues increased by more than 70%, and EBITDA nearly tripled
Healthcare valuations heat up as high-profile assets crystallise competition
Healthcare sector saw multiple valuations pick up in Q1 2021 and hit a record high of 13.7x
Waterland to acquire Norwegian company Bano
Waterland is currently deploying equity from its eighth fund, which held a final close on тЌ2.5bn
Unquote Private Equity Podcast: Fundraising full steam ahead
With record amounts of capital raised in 2020 and a roaring start to 2021, it seems not even a pandemic could slow the momentum of PE fundraising
Intera Partners closes fourth fund at €335m
Fund will invest in the lower-mid-market space and target mainly Finnish and some Swedish businesses
FSN closes sixth fund on €1.8bn
GP exceeds its target of тЌ1.5bn for the fund, which was oversubscribed
PE deal-making surge of 2021 could break one more record
Recent trends in the mega-deal segment indicate that the Alliance Boots buyout of 2007 is a record that is close to being broken
Altor acquires Multi Wing Group
Company was reportedly marketed based on EBITDA of тЌ16m