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Nordics

Gaming PCs
Hiro Capital invests $15m in three gaming studios

Funding will help the studios expand their development pipelines and accelerate global growth

  • Early-stage
  • 26 February 2021
Modular building
Partners Group buys Parmaco from Terra Firma-led group

Vendors reportedly sought a valuation of between €800m-1bn for the company

  • Buyouts
  • 26 February 2021
Toy retailers and manufacturers
Capidea buys toy company Maki from Industri Udvikling

Industri Udvikling had backed Maki since August 2017 and owned a 40% stake

  • Buyouts
  • 26 February 2021
Video calls and communications apps
Left Lane Capital leads €8.2m series A for Memmo.me

Swedish platform allows users to request personalised video messages from celebrities

  • Early-stage
  • 26 February 2021
Refinancings have experienced a surge in Germany
Midroc New Technology leads €9m round for CorPower Ocean

Wave energy startup has so far raised €38m in equity and public investments

  • Early-stage
  • 25 February 2021
Accountancy software
Lugard Road invests $73m in Investcorp-backed Ageras

Transaction reportedly gives the company a valuation of around $244m

  • Expansion
  • 23 February 2021
Environment-focused partnership
Tikehau closes T2 Energy Transition Fund on €1.1bn

Fund targets European companies operating in the clean energy production, low-carbon transport and energy efficiency segments

  • Funds
  • 23 February 2021
Clearwater Multiples Heatmap Q4 2020
Multiples Heatmap: average pricing hits 11x in busy Q4

Healthcare, financial services and TMT assets continue to drive valuations up, while Nordic and UK regions see highest multiples

  • Investments
  • 23 February 2021
Fundraising in dollars
Skylake Capital holds first close, makes first deal

Debut fund leads a $3m round in UK-based deep-learning startup Mindtrace

  • Funds
  • 22 February 2021
Fire safety equipment
Longship to buy Norwegian company Gexcon

Purchase price could be around €29.2m, according to a local press report

  • Nordics
  • 22 February 2021
Wealth management and private investors
IK, ICG to acquire minority stake in Norwegian firm Formue

Deal reportedly values the company at €292m

  • Buyouts
  • 22 February 2021
A slump in financial results
Nordic Capital-backed Cint lists on Nasdaq Stockholm

IPO was priced at SEK 72 per share, corresponding to a market capitalisation of roughly SEK 9.8bn (€974m)

  • Exits
  • 19 February 2021
Humble Co produces wooden toothbrushes and vegan toothpaste
Verdane-backed Humble Co sold to Bayn Group for €80.5m

During the GP's holding period, the company's EBITA margin went from 7% to 40%

  • Exits
  • 19 February 2021
Fundraising in dollars
Advent Life Sciences raises $215m across two new funds

Funds invest in early- and mid-stage life sciences companies developing new therapeutics and technologies

  • Funds
  • 18 February 2021
Restaurant software
PSG's Mapal bolts on GetCompliant

With this add-on, Mapal expects to strengthen its existing software offering and expand its presence in the Nordic region

  • Expansion
  • 18 February 2021
Data analysis
Secondary pricing flies high for infra funds; venture sees big jump

Across all strategies, highest prices are paid for 2016-2018 vintages, Setter Capital research shows

  • Secondaries
  • 18 February 2021
Artworks for interiors
Verdane-backed e-retailer Desenio to list in Q1

Private placement will give the company a valuation of around €1.1bn

  • Exits
  • 17 February 2021
Euro denominated agriculture fund
Five Seasons launches second fund

VC targets the European food technology industry, primarily investing in series-A and -B rounds

  • Funds
  • 17 February 2021
Biotechnology and medical sciences
VC-backed Ginolis sold to trade for €70m

Trade buyer will pay 60% of purchase price in cash and the remainder via issue of series-B shares

  • Exits
  • 17 February 2021
Skin creams and lotions
PE-backed NutraQ sold to trade in NOK 3.1bn deal

Based on the company's 2020 EBITDA of NOK 188m, the deal achieved an EBITDA multiple of 16.5x

  • Exits
  • 16 February 2021
IT engineers and telecommunications infrastructure
Goldman Sachs, Via Equity buy Swedish IT firm Advania

Existing investors in the company reinvested alongside the new GP

  • Buyouts
  • 16 February 2021
Deals and transactions
Tikehau launches SPAC to invest in financial services sector

Tikehau sponsors the vehicle in partnership with Financière Agache, Jean-Pierre Mustier and Diego De Giorgi

  • Investments
  • 15 February 2021
Gaming PCs
Litorina-backed Fractal Gaming Group completes listing

IPO was priced at SEK 41 per share, which corresponds to a market capitalisation of around SEK 1.2bn (€119m)

  • Exits
  • 12 February 2021
Tank calibration services for the industrial sector
Industrifonden leads €4.6m extended series-A for EnginZyme

Latest round brings company's total series-A funding to €11m

  • Early-stage
  • 12 February 2021
28 29 30
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