Nordics
NORWAY - Investinor invests NOK 17.5m in OCAS for 9.6% stake
Norwegian state-owned venture fund Investinor has participiated in a share issue for Obstacle Collision Avoidance System (OCAS), investing NOK 17.5m for a 9.6% stake. Other investors include BKK, Follum Invest, Grande Ventures, START-Fondet, Teknoinvest...
FINLAND - CapMan makes three promotions
CapMan has promoted Hans Christian Dahl Nygård and Joakim Rubin to senior partner and Mari Maunuela to fundraising manager respectively.
GLOBAL - Advent International appoints three new partners
Advent International has hired three operating partners to advise the firm on investment opportunities in the technology and telecoms sector: Richard Atkins, Sergio Giacoletto and John Hughes.
EUROPE - Entertainment Capital Advisers launched
Premila Hoon, former global head of media and entertainment structured finance at Societe Generale, has co-founded Entertainment Capital Advisors (ECA), a specialist media and entertainment strategic and financial advisory firm.
EUROPE/UK - OMERS appoints senior MD from 3i
OMERS Private Equity has appointed 3i's Mark Redman as senior managing director of Europe.
FINLAND - CapMan appoints Bouix deputy CEO
Finnish private equity firm CapMan has appointed senior partner and head of investor services Jerome Bouix as deputy CEO. Partners Göran Barsby and Hans Christian Dall Nygård will also join the management group.
FINLAND - CapMan appoints Bouix deputy CEO
Finnish private equity firm CapMan has appointed senior partner and head of investor services Jerome Bouix as deputy CEO. Partners Göran Barsby and Hans Christian Dall Nygård will also join the management group.
SWEDEN - Mannheimer Swartling partner goes to Roschier
Law firm Roschier has appointed Magnus Wallander as partner in its Stockholm office. Wallander joins from Swedish law firm Mannheimer Swartling where he was head of the employment and pension group and a former managing partner.
SWEDEN - SVCA strengthens team with two new hires
The Swedish Private Equity & Venture Capital Association (SVCA) has recruited two new team members: Barbro Dunér who will be in charge of office adminstration and liaising with members, and Susanne Ahlström who joins as communications manager.
NORWAY - Banks taking over IK’s KID
Retructuring negotiations for beleaguered IK Investment Partners-backed textile retail chain KID Interiør ended Friday, with Norwegian bank DnB NOR taking over the company.
SWEDEN - AP6 backs Plusvardag
The Sixth Swedish Pension Fund (AP6) has invested in Plusvardag, a wholesale company developing geriatric aid equipment.
SWEDEN - STF backs Pemtec with SEK 10m
Swedish venture investor Sustainable Technologies Fund (STF) has invested SEK 10m into Pemtec AB, a developer of collectors for ground source heat pumps.
Cause for optimism
Q2 figures from unquote" show that deal activity in the Nordic region is picking up. Rikke Lilla Eckhoff takes a closer look at the numbers
Mad not to invest?
Of the few Nordic buyouts completed this year, three have been in healthcare services. Traditionally a government funded sector, healthcare offers plenty of opportunity for private equity value-add, but investors should tread carefully. Rikke Eckhoff...