Nordics
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 тЌ1-5m 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 тЌ5m to тЌ50m
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 тЌ200m-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 тЌ600m
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
Beyond Leather Materials raises $1.1m in seed round
Early-stage round led by angel investor Steen Ulf Jensen
Axcel acquires AddPro from Adelis
Deal is Axcel's second from its sixth fund, which held a first close on тЌ507m in February 2020
Priveq holds first and final close for sixth fund
Vehicle will be used to develop growth companies with a turnover of SEK 100m-1bn
PE-backed Mercell prepares for IPO
Viking Venture-backed company hopes to raise NOK 450m in gross proceeds
EQT leads $3m seed round for Willa
Company will use the proceeds to launch its product Willa Pay
Viking Venture acquires FotoWare
Nordic software-focused private equity firm Viking Venture has wholly acquired FotoWare, an Oslo-based B2B provider of digital enterprise asset management software.Т
Klar Partners acquires Empower IM Oy
Acquisition of the Finland-based smart energy company is the GP's first deal since its inception
Altor acquires 30% stake in renewable energy company OX2
GP is deploying capital from its тЌ2.5bn fund, which is understood to have made four investments so far
MVI holds first close on MVI Fund II on SEK 688m
Small-cap GP is expected to hold a final close in autumn this year
Unigestion announces closes for Secondary V and Direct II
Secondary V has held a first close on €228m, while Direct II held a third close on €375m
Agilitas-backed Cibicom acquires Ice Denmark
Deal comes two years after GP acquired Teracom and Relacom, and formed a new merged entity
The Deals Pipeline
A fortnightly highlight of deal processes underway and involving PE, either on the buy- or sell-side, across Europe