Nordics
PE-backed Sortera acquires Vaihtolava
Deal is Sortera's 13th acquisition since it was established in 2006
Raine Group leads $160m series-C round for Voi
New funding is reportedly three parts equity and one part debt, and brings Voi's total funding to $360m
Via Equity sells Profit Software to Volpi
Sale comes six years after the GP, alongside Tesi, acquired the company from CapMan
PE-backed Loxysoft sold to trade
Buyer is wholly acquiring the company for a debt-free purchase price of around тЌ13.6m
Monterro buys SaaS company TimeEdit
GP has reportedly acquired a stake of around 75% for almost SEK 100m (тЌ9.8m)
Norrsken, Partech lead €5m round for Material Exchange
Startup was founded last year and has reportedly raised $8.2m so far
Certior holds first close on €35m for special opportunities fund
Fund has a target of тЌ75m and is due to hold a final close in May 2021
GP-backed Diaverum scraps plans for IPO
GP said indications received did not fully reflect the fundamental value of the business
TriSpan Opportunities Fund II holds first close
Fund focuses on investment opportunities in the lower-mid-market across North America and Europe
Scottish Equity Partners invests in Dohop
With SEP's support, Dohop intends to scale up its team and expand its global sales
Axcel buys three staffing agencies
Combined group generates revenues of DKK 850m and employs 150 staff across 11 offices in Denmark
SR One set to deploy $500m fund following GSK spin-out
CEO Simeon George tells Unquote that the firm is seeing early-stage and later-stage opportunities
Nordic Capital's Nordnet completes listing
IPO gives the company a market cap of SEK 24bn, compared with SEK 6.6bn at its take-private in 2017
Andreessen Horowitz raises $4.5bn across two funds
VC raises $1.3bn for its seventh early-stage fund and $3.2bn for its second growth fund
HIG Europe Capital Partners III closes on €1.1bn
Fund invests in buyouts, recapitalisations and corporate carve-outs of European businesses
Via Equity sells EnviDan to Waterland
Via Equity acquired the water and wastewater consultancy in 2015 through Via Venture Partners Fond II
Edge invests in Blast
Investment manager Niall Santamaria led the investment for Edge and has been appointed to the board
Alder to exit Finnish company Aidon in Q1 2021 – report
GP acquired a majority stake in the company in 2013, alongside 2VK Invest, Tesi and key employees
GSK spinout SR One closes $500m debut fund
Biotechnology-focused vehicle will invest in Europe and the US, with GSK as cornerstone investor
Multiples Heatmap: average entry multiple hits 10.5x as dealflow recovers
The UK and Ireland was the hottest region for multiples in Q3, also seeing the largest increase in valuations of any region
Voima Ventures leads €2m round for Betolar
Startup will use the proceeds to start the commercialisation of its product to global markets
CapMan Growth closes second fund on €97m
GP aims to complete the fund's investment period withiun three years and raise a new growth fund every three years
Covid-19, oversubscribed funds fuel interest in early secondaries
Early secondaries are tipped to become more plentiful in the coming months, but market observers urge caution to mitigate potential pitfalls
Sale of EQT-owned Fertin Pharma to launch in Q1 2021
GP is aiming to close the deal before the second half of 2021