Nordics
Forbion Growth Opportunities I holds €360m final close
Strategy will target later-stage life sciences businesses, as well as undervalued listed companies
Primo Digital Fund launches with €80m target
Fund has a special focus on the e-commerce, software, cybersecurity, fintech and blockchain sectors
Swedish VC Pale Blue Dot closes debut Climate Tech Fund on €87m
GP is looking to invest in 35 tech startups in Europe and the US that are focused on the climate
Icebreaker closes second fund on €100m
VC also closes a тЌ20m Opportunity Fund, which will be used for follow-on investments in portfolio companies from the first fund
Muzinich holds third close for second European debt fund
Private debt fund focuses on lower-mid-market companies; its predecessor closed on €706.5m in 2018
The Deals Pipeline
A highlight of deal processes underway and involving PE, either on the buy- or sell-side, across Europe
Aurelius raises first fund for institutional investors
Investor's тЌ360m fund has an extra capacity of тЌ150m from the GP's listed vehicle and will focus on carve-outs
Electric car maker Polestar raises $550m from new investors
Company raised $1.2bn in a series-A round last year and said that further fundraising was being considered
Buyout rankings: who invested the most in Europe in Q1 2021?
Unquote tallies the top 10 most active GPs across the European buyout space in the first quarter
BaltCap closes third fund on €177m hard-cap
GP committed €5m of its own capital to the fund, the largest amount it has committed to any of its own funds
Gro Capital invests in Danish firm Luxion
According to Borsen, the GP's stake is more than 35% and that the deal valued Luxion at almost DKK 1bn (тЌ134.5m)
Strong 2020 for Nordic tech, VC and IPOs, says Argentum
CEO Joachim HУИegh-Krohn speaks to Unquote about the report's key takeaways
BlackRock, Temasek launch decarbonisation fund platform
Decarbonization Partners has a fundraising target of $1bn for its first fund, including capital from Temasek and BlackRock
PE players seek opportunities in minority deals, differentiated strategies
Minority investments, co-investments and other creative deals made via differentiated strategies could become even more relevant post-pandemic
Polaris merges four financial advisory firms into North
Deal is the third from Polaris Private Equity V, which launched in 2019 and was targeting тЌ550m
Q&A: Debevoise's Bet-Mansour and Scoville on Spacs' relevance for PE
The partners share their thoughts on why Spacs are so attractive, what sponsors should be wary of, and whether they expect a similar uptake in Europe
Ardian Buyout VII closes on €7.5bn
Fund invests in high-growth potential businesses with enterprise values of тЌ300m-2bn
Quadrivio launches €400m Silver Economy Fund
Fund targets European and North American companies, which specialise in products and services for people over 50
Nordic Capital-backed Trustly announces plan to list
Fintech company is reportedly seeking a valuation of тЌ7-9bn
PE-backed Hemnet plans to list in Q2
The proposed listing comes six years after General Atlantic acquired a controlling stake in the company reportedly for around SEK 2bn
SoftBank, Prosus lead €223m round for Kolonial
New round reportedly gives the company a post-money valuation of тЌ750m, up significantly from its last valuation of around $178m in 2017
Peak Rock Capital Fund III hits $2bn hard-cap
Fund makes equity and debt investments in mid-market companies based across North America and Europe
Shackleton launches fifth venture secondaries fund
Fund combines secondaries purchases with the deployment of fresh capital directly injected in promising companies
Capidea acquires Obsidian Group
Deal follows an auction process initiated by the company at the end of summer 2020 and was led by Deloitte.