Nordics
Q&A: do not give up on the lower-mid-market, says Monument's Karl Adam
Monument partner Karl Adam tells Greg Gille how an opportunity to break through still exists for lower-mid-market managers in a very top-heavy market
Superhero Capital to close second fund by mid-summer
Fund was previously aiming for a final close by the end of 2020
THL, EQT sell stake in AutoStore to Softbank for $2.8bn
THL will continue to be a majority shareholder and EQT, which sold its majority stake to THL in 2019 but retained 10%, will also still be invested
Unquote Private Equity Podcast: Ravenous for recurring revenue
The Unquote Private Equity Podcast is back to its regular format this week, with the team looking at PE's appetite for recurring revenue models
Q4 Barometer: How European activity returned to pre-pandemic level
European PE deal value staged an impressive recovery over the course of 2020, capped by a busy Q4
MTIP holds first close for second fund
Digital-health-focused growth investor has a hard-cap of тЌ250m and target of тЌ200m for MTIP Fund II
Kartesia Senior Opportunities I holds €1bn final close
Fund provides senior financing to European small and medium-sized companies with strong credit profiles
UV T-Growth Fund holds €100m first closing
Fund targets late-stage companies, primarily across the 5G, AI, cybersecurity, cloud and Internet-of-Things sectors
L Catterton gears up for fifth European fund
Vehicle makes majority investments in companies operating across the consumer industry in Europe
Astorg Mid-Cap anticipates summer final close
Fund will make pan-European investments in mid-market companies and has a €1bn target
European GPs get top ESG marks, but diversity remains sore point - survey
Only 23% of Aberdeen Standard Investments' GPs have clear diversity targets in their portfolio companies
Back to school: education dealflow heats up as pandemic settles
Digital opportunities and long-term growth drivers have resulted in an influx of deals in recent weeks, with more in the pipeline
Industry Ventures Secondary IX closes on $850m
Fund focuses on investments in direct secondaries, LP interests, direct portfolios and tail-end funds
Nordic Capital nets strong return on €2.1bn Itiviti trade sale
GP had delisted the trading technology and services provider in 2012
Nordic Fundraising Pipeline - Q1 2021
Unquote rounds up notable fundraises ongoing across the Nordic market, including EQT, Axcel, CapMan, Saga, and more
Procuritas to net 8x on Pierce IPO
GP acquired the online motorcycle parts and accessories retailer in 2014
Semantix owner Segulah preps exit with William Blair
Semantix was originally established in 1969 and was acquired by Segulah in 2015
Nordic IPO rush drives exit opportunities for GPs
Wave of Nordic IPOs shows no signs of receding this year, often driven by new opportunities emerging from the pandemic
Armada Credit Partners closes fifth fund on €210m
Fund V is already 50% deployed and has made seven investments so far
Hg acquires Trackunit from Goldman Sachs, Gro Capital
Sale comes nearly six years after the GPs acquired the company
Capital Dynamics Global Secondaries V closes on $786m
Fund invests in a diversified portfolio of global secondaries interests in mid-market private equity funds
Klar Partners closes debut fund on €600m hard-cap
GP started raising the fund in March 2020 and said the vehicle was "significantly oversubscribed"
Nordic Capital acquires minority stake in Leo Pharma
GP's stake is reportedly smaller than 25%, with the current owner remaining as the majority shareholder
Aldea Ventures holds €60m first closing
Fund follows a hybrid strategy, investing both in small VC vehicles and technology startups