Nordics
NORWAY - Norvestor's Panorama buys Gullegget and Juvelen
Panorama has acquired jewellery retail chains Gullegget and Juvelen for an undisclosed sum. The transaction will increase Panorama's sales by around NOK 50m.
SWEDEN - FSN Capital buys Alignment Systems
FSN Capital has agreed to buy Alignment Systems AB from 3i Group Plc and funds advised by Euroventures Management AB, including AP6.
SWEDEN - SVCA strengthens its board of directors
The Swedish Private Equity & Venture Capital Association has strengthened its board of directors following the annual general meeting on 21 March.
DENMARK - IVS appoints Weilby Knudsen as partner
Thomas Weilby Knudsen, CEO of the venture capital group IVS, has been appointed partner at the firm as of 1 April.
SWEDEN - 3i and L Capital-backed Gant in EUR 241m IPO
Gant, backed by 3i and L Capital, has today announced the EUR 241m flotation on the Stockholm Stock Exchange. The IPO provides 3i and L Capital with partial exits at this stage generating EUR 44m and EUR 76m of proceeds respectively.
NORWAY - Telenor Venture sells OilCamp
OilCamp AS has been sold to the management team and Petroleum Networks Holding AS. Petroleum Networks Holding is owned by the private equity fund Energivekst, managed by HitecVision, and has been established as the fund’s investment platform within...
NORWAY - Ferd strengthens its investment team
Ferd Equity Parnters has recruited three new investment professionals.
FINLAND - CapMan strengthens adviser network
CapMan has announced that Jesper Jarlbæk, Dr JT Bergqvist and Esko Mäkeläinen have been invited to join CapMan as industrial advisers as of March 2006.
FINLAND - Nexit sells Hybrid Graphics to Nvidia
Nexit Ventures, a venture capital firm focused on mobile technologies and services, has agreed to sell its share of Finland-based graphics technology provider Hybrid Graphics to US-based 3D technology company Nvidia Corporation.
DENMARK - Napatech receives $5m of expansion capital
Napatech has secured $5m in a round of funding led by Ferd Venture and including Northzone Ventures and DTU Innovation.
SWEDEN - Nordic Capital invests in Tradimus
Tradimus has strengthened its owner base with Nordic Capital as co-owner to create a platform for international growth and further development in the European service outsourcing market.
DENMARK - KT Venture Group joins $6m investment in asetek
asetek has announced that US-based KT Venture Group, Northzone Ventures, Vaekstfonden and a group of existing investors have participated in the $6m funding round in the company.
SWEDEN - IK makes 3x money on Myresjöhus recap
Industri Kapital has recapped Myresjöhus, a Swedish prefabricated house builder, it bought 12 months ago giving a return of 3x its original investment.
FINLAND - CapMan exits from Mehiläinen
CapMan funds Finnventure V and Finnmezzanine III will sell their shares in Mehiläinen Oyj to H-Careholding AB, the owner of Carema. The consideration offered values the equity of Mehiläinen at EUR 152m and prior to the exit the funds have approximately...
SWEDEN - Sweden records largest share of super growth companies
Sweden has been ranked the top European country in Grant Thornton International Super Growth Index and has the highest number of fast growing businesses. The US tops the list followed by India, Hong Kong and Sweden. Sweden climbed back up the Index to...
DENMARK - Santaris Pharma raises EUR 40m from VC syndicate
Santaris Pharma, the Danish biopharmaceutical company specialising in the development of RNA Antagonist drugs based on Locked Nucleic Acid, announced today that it has completed a EUR 40m private investment round.
FINLAND - Amanda plans to establish Russian and Eastern European fund-of-funds
Amanda Capital is planning to establish a fund-of-funds to invest in Russian and Eastern European private equity vehicles.
DENMARK - Vækstfonden and SEED Capital invest in Stirling Denmark
Stirling Denmark has received funding from EGJ Development Ltd, SEED Capital and Vækstfonden to finance international expansion.
SWEDEN - ZealCore secures SEK 12m in growth funding
Industrifonden, KTH Seed Capital and SEB Företagsinvest have invested SEK 12m in ZealCore Embedded Solutions AB.
DENMARK - Nordic Capital's Nycomed announces positive results of ACUITY trial
Nordic Capital's Nycomed and its US collaborator, The Medicines Company, have announced the first 30 days results from the global 13,819 patient ACUITY trial.
FINLAND - Eqvitec invests SEK 25m in AppGate Network Security
AppGate Network Security AB, a Swedish provider of network security solutions, has secured SEK 25m in growth funding from Eqvitec Technology Fund II. The investment will be used to drive international expansion.
FINLAND - EQT's Salcomp commences trading on Helsinki's Pre-List
Salcomp Plc, owned by EQT, has commenced trading on the Pre-List of the Helsinki Stock Exchange today and the offer price was set at EUR 3.20.
DENMARK - Egalet secures $27.6m from Atlas, Index and existing investors
Danish drug delivery company Egalet a/s has announced the closing of a $27.6m round of financing led jointly by new investors Atlas Venture and Index Ventures.
ICELAND - Íslandsbanki becomes Glitnir
Íslandsbanki has changed its brand name to Glitnir because the bank has become an international company and needed a name to reflect its transformation.