Nordics
Axcel-backed Frontmatec buys stake in Aira
Target company's founder, Xavi JanУЉ LУГpez, will stay on with the business and retain a majority stake
Accent Equity-backed Inteno bolts on Genexis
Following the merger, the combined group expects to generate revenues of approximately тЌ60m
Juuri Partners acquires minority stake in Flowplus
Deal is a growth equity transaction for Juuri with plans to acquire players across Finland
Swedbank, Zouk in €10m funding round for Readly
Funding will drive the next stage of growth for Readly, with new investor Swedbank Robur on board
Verdane backs The Humble Co
With Verdane on board, the company plans to accelerate its expansion in the global market
Partners Group appoints David Layton as co-CEO
Layton, the current head of private equity, will replace Christoph Rubeli from 1 January 2019
SEB Private Equity leads €35m series-C for Planday
Previous backers Creandum and Idinvest also took part in the funding round
Polaris acquires Falck Safety Services
Denmark-based GP intends to develop Falck Safety Services along a buy-and-build strategy
PE drives returns for ATP
Private equity has been the best performing asset class for the fund in H1, returning DKK 1.8bn
Litorina holds final close for fifth fund
Fifth flagship fund closed on its target of SEK 3bn, an increase of 20% from its predecessor
PE second best asset class for PensionDanmark in H1
Entire portfolio returned DKK 1.1bn in H1, with regular premiums amounting to DKK 6bn
Abry-backed Vehco acquires Groeneveld ICT
Vehco is part of Abry-backed Swedish communications systems developer AddSecure, trading as MSI Holding
Almi Invest backs Beactica
Funds raised are intended to accelerate the drug developer's pipeline of novel cancer therapeutics
PE-backed IPOs hit nine-year low
Of the 617 European exits so far this year, only 17 have been IPOs, equivalent to 2.7%
Speedinvest leads €1.7m seed round for Kodit.io
Company is seeking to scale its operations across Europe and raise additional capital
AP3 increases allocation to PE
SEK 353bn state-owned pension fund announced a total return of 3.3% from its entire portfolio
Certior holds €51m first close for Credit Opportunities Fund II
Fund focuses on the European SME direct lending segment, in particular in seeding emerging managers
Balderton leads $12m series-A for Simple Feast
Funding will enable Simple Feast to develop its delivery concept and go global
Silverfleet holds first close on €110m for smaller fund
Fund has set a target of тЌ250m, which it expects to reach before the end of the year
Maki backs Altum in series-A funding round
Existing investor Lifeline Ventures also takes part after backing a seed round in 2016
Scania invests SEK 35m in Corebon
Funding marks the fourth investment by the VC investor's corporate venture capital fund
Alternative investments deliver strong returns for AP2
Private equity represents roughly 5% of pension fund's portfolio, up from 1% in 2008
Summa Equity hires Anna Ryott as chair
Board of directors will include several newly elected members with backgrounds in sustainability
Nordics investors remain active but cautious
H1 buyouts drop in the Nordic region after a busy 2017 as SBOs and trade sales take off