Nordics
Axcel acquires veterinary care provider VetGruppen
Company's co-founder and chief operating officer Rasmus Hansen will remain a significant co-owner alongside the GP
Blue Cloud Ventures leads €50m round for Templafy
Insight Partners, Dawn Capital, Seed Capital and Damgaard Company also take part in the round
Inflexion completes €170m take-private deal for Infront
In January, the GP offered тЌ143m to take over the company, but later increased its offer to тЌ170m
VC fundraising enjoys strong 2020 vintage, sunny prospects
With record amounts of capital raised for the strategy, venture capital fundraising does not appear to have been slowed by the pandemic
Procuritas merges 12 IT companies to create Frendy
Procuritas will become the majority shareholder, while the founders of the companies will have a significant minority ownership of the merged entity
SNÖ Ventures launches $100m fund
Norwegian venture capital firm SNУ Ventures has launched and held a first close for its second fund, SNУ Fund II, targeting $100m.
Verdane, Sprints invest in racket sports platform Matchi
Company reportedly raised тЌ20m from the GPs, which will support the company in its international expansion
VC-backed Biosergen raises €5m via unit offering ahead of IPO
Company will use the proceeds from the offering to launch clinical trials of its antifungal drug candidate
DN Capital's Global Venture Capital V surpasses €200m
GVC V targets seed and series-A investments in the software, fintech and online marketplace sectors
Verdane sells Hyma to trade in €159m deal
Deal represents an IRR of more than 50% for Verdane, and will be the GP's first realisation from Verdane Edda I
Balderton holds final close for $680m debut growth fund
GP's previous vehicles have targeted earlier-stage primary and secondary venture deals
Point72 Ventures leads €20m round for Curb
Food startup was founded in 2020 and will use the funding to invest in technology and its expansion in Stockholm
AP Funds, Omers et al. in $2.75bn round for Northvolt
Battery maker has now raised more than $6.5bn in equity and debt, and will use the funding to expand its production capacity
Unquote Private Equity Podcast: Pandemic premiums
Following the publication of the Q1 2021 Multiples Heatmap, Unquote welcomes Clearwater's executive team to discuss pricing trends
EQT launches longer-hold strategy, reinvests in Anticimex
GP exits Anticimex via its EQT VI fund, and reinvests in the company via the new strategy
Triton to acquire FairWind
Triton has signed an agreement to acquire a majority stake in Fairwind, a Danish provider of wind turbine installation and related services.
EQT Ventures backs Lenus with €50m series-A funding
Round is the largest series-A round ever secured by a startup in Denmark, according to EQT Ventures
Pollen Street Capital IV raises £560m, close to surpass target
PSC IV invests in lower-mid-market companies across the financial and business services industries
Nordic H1 VC and growth deal value at all-time high
Nordic venture capital and growth investment has recorded its highest aggregate deal value in the first six months of a year
Cerea Mezzanine IV holds €215m first close
Fund invests in small- and mid-cap companies operating across the food and beverage value chain
Great Hill invests $55m in software company Eloomi
GP reportedly acquired a third of the company in a deal that valued Eloomi at more than DKK 1bn
PE-backed SmartCraft to list on Oslo Stock Exchange
Software provider plans to list this month and expects to raise gross proceeds of roughly NOK 500m
IK to invest in student discount company Mecenat
GP will back the company in its plans to further develop its technology platform
Castik acquires warehouse automation firm Element Logic
GP will own the company alongside it's founders, management team and employees