Nordics
The Deals Pipeline
A fortnightly highlight of deal processes underway and involving PE, either on the buy- or sell-side, across Europe
Private equity seeks solutions to uncertainty as coronavirus derails buyouts
Dealmakers are trying to keep the buyout show on the road as the coronavirus crisis overtakes the European market
Marlin Equity Partners acquires Heimdal Security
Cybersecurity firm has a strong presence in Scandinavia, the UK and the US
Korona Invest acquires Epic Driving School
Company's net sales in 2019 stood at тЌ8.8m, with EBITDA of тЌ700,000
Coronavirus outbreak could lead to fundraising logjam, PE players warn
Industry participants contacted by Unquote expect negative ramifications for fundraising as well as deal-making activity
Litorina acquires Swedish restaurant chain Sushi Yama
PE house sees potential for 100-150 new restaurants in Sweden alone and is searching for new locations
CapMan exits INR to Dansani
Merged company aims to expand beyond Scandinavia and into markets in central Europe
Lynx Equity acquires Arkas
Company was previously owned by Keld Sund Nielsen and Michael Dommerbye, who bought it in 2015
Secondaries deal volume up 7% in 2019 – research
Setter Capital's latest research reveals continued momentum in private equity secondaries, with 2020 set to be another record year
Real Dania PE head joins Industriens Pension
Nielsen joins from Realdania, where he has served as head of alternatives and private equity
Innovestor holds first close for industrial fund
Fund has a focus on sectors benefiting from the fourth industrial revolution
Summa and Goldman Sachs invest in EcoOnline
Summa Equity partner Christian Melby will retain his position on the board of EcoOnline
KKR invests in Oslo-listed Avida Finans
GP buys 9,090,909 shares for NOK 300m and intends to launch a conditional offer for all Avida shares
EV Private Equity et al. exit Halfwave to trade
Sale ends an eight-year holding period for EV Private Equity, which bought a 56% stake in the company
Kinnevik leads $51.6m round for Mathem
Round also saw participation from AMF, which invested $28.9m
Silverfleet buys majority stake in Collectia
Investment in the debt collection platform is the 11th from Silverfleet Capital Partners II
Q4 Barometer: Continued buyout bonanza tops record-breaking year
Private equity investors completed 807 deals in Q4 2019, tipping the year into record-breaking territory
KKR closes Global Impact Fund on $1.3bn
Fund targets lower-mid-market companies in the Americas, Europe and Asia, which contribute to sustainable development
Nordic Capital promotes Berglund to partner
Daniel Berglund will focus on the area of technology and payments, as well as healthcare IT
Oxx holds $133m final close for debut fund
Venture fund held a first close on $100m in May 2018 and will focus on B2B software companies
Nordstjernan sells PriceRunner in management buy-back
Nordstjernan had owned PriceRunner since 2016, alongside Nicklas StorУЅkers and KarlтJohan Persson
Mercer closes Private Investment Partners V on $2.7bn
PIP V consists of a US vehicle for US investors and a Luxembourg vehicle for non-US investors
Direct lenders eye secondaries market for first-gen funds
Several European direct lenders are speaking to secondaries advisers about running processes on older vintage funds
IVP leads $40m series-B for Aiven
IVP general partner Eric Liaw will join Aiven's board of directors as part of the transaction