Nordics
Heritage funds: Large-cap players explore mid-cap opportunities
With Astorg on the road, and Triton and PAI having closed smaller funds this year, Unquote looks at what is driving the trend
CapVest gears up for launch of CapVest V
GP backs mid-market companies in essential goods and services; it sold Valeo Foods to Bain for тЌ1.7bn in May 2021
Sentica buys Finnish workwear maker Dimex
Sentica is currently deploying its fifth buyout fund, which held a final close on its тЌ185m hard-cap in 2017
Verdane backs e-learning companies Eduhouse and Wistec
GP deploys equity from its SEK 6bn vehicle Verdane Capital X
Advent-led group buys Hoist from Accent Equity
Companyтs turnover and EBITDA tripled under Accent's ownership
Unquote Private Equity Podcast: First-time fortunes
Vincent Van den Brink and Greg Kok from fund administrator JTC discuss how recent months have affected the fortunes of first-time funds
TA Associates closes TA XIV fund on $12.5bn
Firm also closes its second-generation re-investment fund, TA Select Opportunities Fund II, on $1.5bn
TA backs Söderberg & Partners in SEK 2.5bn share issue
The issue reportedly values the financial services company at тЌ2.27bn
Pandemic success boosts appeal of "misunderstood" gaming sector
PE and VC interest for the sector has picked up in the past few years after a lull, and the pandemic could turn some of these bets into winners
KKR gears up for sixth European fund
GP's predecessor vehicle closed in 2019 on €5.6bn and was 41% deployed as of December 2020
PE-backed Komplett to launch IPO
Company is planning to list on the Oslo Stock Exchange, where it had previously been listed prior to its de-listing in 2011
Riello launches €80m agri-food venture fund
Linfa Ventures will be dedicated to late-stage and growth capital investments across the agri-food sector
Polaris appoints director, head of sustainability
Danish GP also appoints a head of sustainability and made five promotions
Multiples Heatmap: hectic Q1 further fuels valuation hike
Deal multiples saw four consecutive quarterly increases to reach 11.5x in the first quarter of 2021
Verdane invests in Finnish grocery company Fiksuruoka
GP is part of тЌ19m funding round for the company, in which existing investors of Fiksuruoka also took part
Alvarez & Marsal hires Platinum's Lundqvist
Olle Lundqvist will lead the firm's Private Equity Performance Improvement Group in the Nordic region
Nordic Capital sells 9.2% stake in listed firm Nordnet
Nordic Capital no longer owns any shares in Nordnet, while Уhman Group remains the largest shareholder, with a 22% stake
Ysios Capital closes third fund on €216m
Fund provides private equity financing to early- and mid-stage life sciences companies
Equip Capital buys Norwegian e-scooter firm Ryde
GP reportedly bought a 60% stake by acquiring existing and newly issued shares in the company
Bain Capital Ventures Fund 2021 raises $1.3bn
Fund intends to focus on digital commerce, fintech, digital healthcare and cloud infrastructure
Procuritas hires Carl Settergren as partner
Settergren joins from PAI Partners where he worked for 11 years and led various large-cap deals
Altor buys minority stake in Swedish fashion label Totême
Acquisition reportedly values the fashion company at тЌ148-198m
Merieux Participations 4 holds €300m first close
MP4 provides equity tickets of тЌ20-80m, with a sweet spot of тЌ40-45m, targeting the health and nutrition sector
Procuritas sells Sofa Company to trade
Deal implies a return of 6x for the GP, a source familiar with the deal told Unquote