Nordics
Market sentiment improving but dealflow likely to remain bifurcated – Baird
Baird MDs Vinay Ghai and Paul Bail discuss deal-making amid the pandemic and emerging trends for the months ahead
EQT to close ninth buyout fund in Q3
Total investments by the EQT funds in the second quarter amount to €1.3bn
Polaris to acquire and merge four Danish coach operators
Four operators had a combined pro forma revenue of €108m in 2019
Novo Holdings et al. in $20m round for Reapplix
Company will use the proceeds to commercialise its flagship product across the US
Blackstone leads $200m round for Oatly
Oprah Winfrey, Roc Nation, Natalie Portman, and former Starbucks CEO Howard Schultz also take part in the round
EQT sells stake in IFS to TA Associates in €3bn deal
Stake owned by EQT is transferred from EQT VII to its successor funds EQT VIII and EQT IX
Unquote Private Equity Podcast: Fundraising engine stalls
This week, the Unquote Podcast examines the fundraising market amid the challenges of Covid-19
Capgemini to help Nordic Capital implement AI for portfolio companies
GP said one of its portfolio companies already using machine learning to generate additional revenues
Blackstone Life Sciences V closes on $4.6bn
Fund invests in late-stage rounds of established life science companies and emerging businesses
Eir Ventures holds first close on €76m for life sciences fund
VC firm will invest in opportunities in new therapies, medical technology and digital health
HIG Capital launches HIG European Capital Partners III
Fund will invest in buyouts, recapitalisations and carve-outs of both profitable and underperforming businesses
EQT Ventures leads $8m round for Traplight
Play Ventures, Initial Capital and Heartcore Capital also participated in the fundraise
SmartFin Capital leads $25m series-C for MariaDB
Tech company has so far raised $125m from investors including Intel and Alibaba
Nauta Tech Invest V holds €120m first close
Fund deploys tickets of €1-5m in seed and series-A rounds to support European B2B SaaS startups
Forbion holds first close for Growth Opportunities Fund
New strategy focuses on pre-IPO capital and capital for undervalued listed life sciences companies
Oddo BHF Private Equity Secondaries Fund closes on €358m
Oddo BHF Private Equity Secondaries Fund has a focus on secondary transactions ranging from €5m to €50m
ETF leads €7m round for Basemark
Fresh capital will be used to accelerate Basemark's growth in the field of autonomous vehicles
CVC hits €21.3bn close for eighth buyout fund
Fund invests equity tickets in the range of €200m-1bn in North American and European companies
Adelis acquires majority stake in Axentia Technologies
GP is deploying capital from its second fund, which closed in 2017 on €600m
B Capital closes second fund on $820m
Fund invests in series-B, -C and -D rounds to support B2B and B2C startups based across Asia, Europe and the US
Bridgepoint Development Capital to exit KGH Customs Services to trade
UK-based GP exits the business six years after acquiring it from Procuritas
Golding holds first close for private debt vehicle
Fund-of-funds has already completed one co-investment and has made a number of primary commitments
Cinven-backed Partner in Pet Food buys Doggy
Cinven acquired Budapest-headquartered pet food manufacturer Partner in Pet Food in April 2018
M&A wave incoming in 2021, says Edmond de Rothschild CIO
Investment bank's H2 2020 outlook also emphasises continuing macroeconomic uncertainty, and singles out healthcare and data assets as winners