Nordics
Quuppa raises €20m from Bocap and TCG
Round is company's first ever capital raise, which it will use to to scale up services
Q2 Barometer: Coronavirus ravages European M&A market
After the first effects of the Covid-19 crisis were felt in March, the European private equity market decelerated sharply in Q2
Waterland buys Modstrøm Danmark
GP is reportedly paying DKK 200m for the company, which last year generated DKK 30m in EBITDA
The Deals Pipeline
A fortnightly highlight of deal processes underway and involving PE, either on the buy- or sell-side, across Europe
Adelis acquires majority stake in Red Ocean Technology
Norwegian IT company is expected to generate €16m in revenues this year, up from €12m in 2019
HSBC Vision Private Equity 2020 closes on $260m
Fund targets a variety of private equity opportunities, from primaries and secondaries to direct co-investments
Vallis Capital sells Vortal to Stirling Square's Docu Nordic
Stirling Square intends to support Vortal in expanding its business in current and new markets
Alder backs Samon
GP deploys capital from Alder Fund II, which invests in companies based across the Nordic region
HIG-backed Meyra acquires TA Service
HIG acquired mobility products manufacturers Meyra and Alu Rehab and merged them in October 2019
Hg increases stake in Visma, valued at $12.2bn
New investors Warburg Pincus and TPG will invest in the business for the first time, acquiring minority stakes
OakNorth Bank provides fund facility to BlueGem
Key investors include Glendower Capital, Blackstone's Strategic Partners and BMO Global Asset Management
EQ Asset Management eager to deploy following double fund close
EQ says it has completed five acquisitions through its secondaries fund since the outbreak of Covid-19
Nordic Capital X hits €5bn target in first close - reports
Fund is larger than its predecessor, Nordic Capital IX, which held a final close on €4.3bn in May 2018
Procuritas exits Temporary Space
Acquisition will help trade buyer Algeco to strengthen its position in the Nordic modular space market
EQT to launch Huscompagniet's IPO - report
IPO is expected to be launched by the end of the year or the beginning of 2021 at the latest
EQT, Vaaka Partners sell shares worth €119m in Musti
Shares have been sold to institutional investors for €15.8 a share
Nordic PE exits hit new low in Q2
Volume of exits by PE firms across the Nordic countries in Q2 2020 fell to its lowest point in more than a decade, according to Unquote Data
Tesi, NordicNinja et al. in $54m series-C for Varjo
Tech company has raised $100m since being founded in 2016
Shark Solutions raises funding from Circularity Capital
Company will use the proceeds to develop its manufacturing infrastructure and to expand its product range
Priveq acquires majority stake in Trendhim
Company in 2019 generated revenues of DKK 115m, the equivalent of €15.4m
France, southern Europe drive dealflow uptick in July
Buyout market is picking up again following one of the worst slumps on record, with some of the regions originally hardest hit becoming busier
ICG launches second recovery fund
Second vehicle will be larger than its predecessor, which closed on €843m in March 2010
White Park, Navigator Capital carve out Gateway from Gunnebo
Subsidiary has since 2019 generated a loss for Gunnebo
Vitruvian Partners sells Unifaun to Marlin Equity Partners
GP exits the business four years after acquiring a majority stake in it alongside the management