Nordics
Advent raises $2bn for tech fund
Fundraise comes shortly after the $17.5bn final close of the GP's flagship product, GPE IX
Anacap raises €1bn for credit fund
Vehicle was launched in November 2018 with a $750m target and raced to a first close on $600m
H1 Review: Nordic pricing frothy as cross-border capital pours in
Nordic region retained its position as the most expensive place in Europe for private equity firms to buy companies in Q2 2019
Unquote Private Equity Podcast: Cloudy with a chance of slowdown
Listen to the latest episode of the Unquote Private Equity Podcast, in which the team discusses H1 stats and looks ahead
Creandum, EVentures in $14m round for Cake
Creandum led the funding round for the Sweden-based electric motorcycle manufacturer
Secondaries volume up 25% in H1 – research
Setter Capital's latest research reveals a sizeable uptick in private debt deals, though private equity secondaries still dominate the market
Norvestor sells Nomor for $200m
Nomor is expected to contribute $14m adjusted EBITDA and $60m revenues to ServiceMaster by 2020
GP-stake sales controversial among LPs
LPs are naturally reticent about their GPs selling stakes in themselves, as emphasis to boost profits from management fees strengthens
Buying and building the modern school
Investments in European private schools and colleges have proven enriching for PE over the past two decades
Volpi buys Viking's Asolvi
Volpi will take a majority stake in Asolvi alongside the management team and Viking
Ventech in SEK 74m round for Capcito
Ventech and Schibsted Growth, a Swedish investor, both join the round as new investors
Swedish pension fund dismisses CEO over trading rules violation
AP1 has appointed Teresa Isele to serve as acting CEO while searching for a new candidate
Norway's largest pension fund aims to ramp up PE investments
LP can currently invest in IPOs and unlisted companies that express an intention to list
EQT confirms IPO plans, aims to raise €500m
Largest shareholder Investor AB and more than 70 partners in the firm will sell shares as part of the listing
VCs sell Bitbar to trade
PE-backed SmartBear bolts on Finland-based Bitbar, a mobile app test automation company
Novax sells 28% stake in EMG to Verdane
Norway-based PE firm Verdane acquires a minority stake in the education marketing business
Obvious Ventures leads SEK 100m series-A for Hedvig
Cherry Ventures and D-Ax, the early-stage investment arm of Axel Johnson, also take part
Monterro buys Specops
Monterro claims to be the largest investor in the Nordic region focused purely on B2B software
Creandum promotes Specht to principal
In his new role, Specht will lead deals of all sizes across Europe and the US
Nordic Capital, Sampo buy Nofi stake for €223m
GP draws capital from Nordic Capital IX, which held a final close in May last year
CapMan sells Kämp Hotels to Nordic Choice Hospitality Group
Transaction is the fifth exit from the 2013 CapMan Buyout X fund
Hg-backed IT Relation buys Miracle42
Hg acquired IT Relation for an enterprise value of around DKK 1bn in June last year
Q2 Barometer: small-cap boom offsets mid-market lull
Europe records 533 buyout, expansion and early-stage investments over Q2, a nine-quarter low
IK sells Ellab to EQT
IK Investment Partners held the thermal validation services company for three years