Nordics
Lauxera Growth I holds €100m first close
Fund is dedicated to financing and accelerating the commercial growth of promising healthtech companies
Inflexion launches €143m take-private bid for Infront
GP said its experience developing data and technology companies, along with an ability to provide access to additional capital, will contribute to the company's future development
Litorina-backed Fractal Gaming Group to list
Intention to list comes four years after the GP acquired the company via its fourth fund
Iconiq Growth leads $530m round for Wolt
New round takes the total amount Wolt has raised to $856m
Sponsor Capital acquires and merges Likeit, Nepton
Merged company will have combined revenues of around €8m in 2020, and employ over 50 staff.
Nordic Capital-backed Trustly to list before summer – report
According to a press report, Swedish institutions would like the company to remain in Stockholm
CapMan boosts wealth advisory team
Nordic firm has appointed four people across wealth advisory, alternative investment and marketing
Broviken acquires Norwegian HR Prosjekt from Longship
GP will own a 55% stake in the company, while the remaining 45% will be owned by founder Helge Rustand and members of HRP's management
New Baltic fund targets €30m to back female founders
Fund targets Baltic and Nordic startups with female founders and gender-balanced executive teams
PE-backed Helgstrand Dressage merges with Ludger Beerbaum Stables
Waterland-backed Danish company Helgstrand Dressage has acquired and merged with equestrian show jumping business Ludger Beerbaum Stables.
Zefyr Invest acquires Bramidan from Blue Equity
GP is deploying equity from Zefyr Invest III, and Bramidan is its third acquisition from the vehicle
Full In Partners acquires Danish firm Cybot
Deal value was reportedly 10 times the company's turnover of around €13.4m
Polaris to launch sale of ProData Consult in 2021 – Mergermarket
Asset is reportedly due to come to market in 2021, with the sale process most likely starting in H1
Litorina, Bragnum back Nordic Surface Group
Litorina and Bragnum Invest will be co-owners alongside the management and local entrepreneurs, who remain significant co-owners
Element Ventures leads €15.5m funding for fintech Minna
New funding takes the total the company has raised so far to €23m
EQT Ventures leads $18m round for Sana Labs
Latest round brings its total funding so far to $23m, having previously raised $4m in 2018 and $1m in 2017
AMF leads €52m series-C round for Budbee
Latest round brings Budbee's total funding to date to €92m
LSP launches €150m fund dedicated to dementia treatment
Vehicle invests in companies that are developing drugs for neurodegenerative diseases
eEquity, Bonnier Ventures sell Refunder to trade
eEquity exits the company three years after acquiring a majority stake in the company, and achieved a multiple of 3-5x on the transaction
HBM Healthcare leads €127m series-B for IO Biotech
Funding follows the US Food and Drug Administration granting the company breakthrough therapy designation for its lead programmes
Alder sells Nordic Water to trade
Swiss buyer is paying €119m for the company and will see Alder and the management exit the business
Marlin and Francisco to merge Unifaun and Consignor
GPs will be equal shareholders in the combined business and own a majority stake in the company
CVC Capital Partners buys Stark Group from Lone Star
GP paid around €2.5bn for the company, deploying equity from CVC Capital Partners VII
EQT, Verdane to merge Confirmit and FocusVision
Combined company will be led by Confirmit CEO Kyle Ferguson and supported by management of both companies