Nordics
Eurazeo Smart City II Venture holds €80m first close
Fund invests in energy, transport, property technology and logistics startups worldwide
PE-backed 9Altitudes adds on Danish firm Optimate
Merged group is expected to generate a turnover of €65m and employ 400 staff across four countries
EQT sells Flying Tiger Copenhagen to Treville
Company founder Lennart Lajboschitz has also reportedly sold his 29% stake in the company
Ermitage launches fund advisory boutique in Helsinki
Firm will help GPs raise capital from institutional investors and large family offices in Europe and South Korea
EQT Ventures leads €75m series-B round for Instabox
Funding will be used to develop technology to enhance value-chain for customers and merchants, and for expansion outside of Sweden
Monterro opens Munich office
Stefan Lehotkay is to join the B2B software investor's team and will head its Munich operations
PE-backed Oatly could list as early as May – report
Company was previously considering listing in Hong Kong, but is now looking at the US, according to reports
Klar Partners buys Sandbäckens from Segulah
Segulah exits the company five years after acquiring it via Segulah V
The Deals Pipeline
A highlight of deal processes underway and involving PE, either on the buy- or sell-side, across Europe
Nordic Capital acquires, merges Sambla and Advisa
GP will become the majority owner and will actively support the new company in the next expansion phase
Abingworth Bioventures 8 closes on $465m
ABV 8 targets companies developing innovative therapeutics, with investments across the US, UK and continental Europe
How European venture capital weathered a rocky 2020
Q2 reflected a nice uptick in investment activity, and aggregate value continued climbing as the year went on
PSG closes debut European fund on €1.25bn
PSG Europe invests in lower-mid-market software and technology-enabled services companies
PE-backed Cint announces intention to float
Offering is expected to provide Cint with proceeds of approximately €75m
Siena Venture targets €25m close before year-end
Debut fund from the new VC player held a first close on 1 February
Verdane increases stake in Bellman Group
GP now holds a 74.5% stake in the company, having previously bought 35.8% in 2016
Vækstfonden, Danske Bank et al. in €4.9m round for Airtame
Latest funding takes its total raised to approximately €14.1m and will enable the company to accelerate product development and hire more staff
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EQT Ventures et al. sell Peakon to trade for $700m
Since being founded in 2015, Peakon raised around $68m from investors including EQT Ventures, Atomico, IDInvest, Balderton and Heartcore.
Den Sociale Kapitalfond buys Profilservice
GP focuses on Nordic SMEs with a potential for growth and positive social influence in the local community
Equip Capital buys IT consultancy Miles
GP is currently deploying its first fund, which was launched in December 2018 and held a final close last month on its hard-cap of €180m
Verdane exceeds target for second Edda fund; closes on €540m
Fund exceeded its target of €450m by €90m and was "significantly" oversubscribed
Maki.vc leads €1.5m round for Finnish company Calqulate
Finnish venture capitla firm Maki.vc has led a €1.5m funding round for Helsinki-based financial analytics provider Calqulate.
Sparkmind leads €1.1m round for CanopyLab
Company has also received €1.4m in venture loans and soft money from the Danish Growth Fund and Innovation Fund Denmark