Nordics
Alder sells Powerbox in SEK 228m trade deal
Sweden-based Alder sells its portfolio company after a five-year holding period
Litorina-backed Fresks acquires Urban Strålin Byggvaror
Previous owners Kay and Leo StrУЅlin will reinvest part of the proceeds in the building materials retailer
PEQ sells TM Progress to Kiilto
Deal comes two years after the GP acquired the business via its second flagship buyout vehicle
Vaaka sells Enegia to state-owned Gasum
Sale encompasses Enegia Consulting, Enegia Portfolio Services and IntStream
Verdane acquires Nordicfeel
Nordicfeel will merge with Verdane's existing portfolio company, online retailer Eleven
Polaris acquires ProData Consult
ProData Consult intends to draw on the GP's experience working with similar growth companies
Q&A: Nordic Capital's Kristoffer Melinder
Partner Melinder discusses Nordic fundraising, the increasing focus on ESG, and differentiated strategies in high-price environments
Sentica-backed VMP lists on Nasdaq Helsinki
Final offer price stands at тЌ5 per share, setting a market cap of around тЌ69.5m for the HR company
Axcel acquires Loopia and Active 24 from Visma
Axcel plans to expand the company, which offers web domains, shared web hosting and IT services
Q1 entry multiples drop to lowest level since Q1 2016
PE deal valuations drop for the third consecutive quarter, as the Nordic region continues to see the highest entry multiples
Litorina acquires Johan i Hallen to build platform company
GP deploys fresh capital to acquire the firm, which will partner with portfolio company Bergfalk
CapMan sells The North Alliance to Norvestor
Norvestor will become majority shareholder following the acquisition from CapMan and management
IK carves out KPMG Sweden's business advisory division
GP used capital from IK VIII Fund to finance the deal, after acquiring Aspia PwC in February
Triton acquires Unident
Unident is the fund's first investment in the healthcare sector and was led from the Nordic office
FSN forms new IT group with triple buyout deal
Nordic GP deployed capital from its FSN Capital V fund to finance the deals
Ceder acquires Persson from Connecting Capital
Ceder acquired a majority stake of around 90% in the business, together with management
Sentica's VMP closes IPO public offering
Company lists less than a year after the GP acquired it via the Sentica Buyout V fund
Vaaka sells Sataservice in trade deal
Deal ends a four-year holding period for Vaaka, which acquired the business in May 2014
CapVest sells Scandza to management
Buyers will acquire 60% of Scandza from CapVest, according to a local media report
Adelis sells IT Relation to Hg
Deal ends a two-year holding period for Adelis, which established the business in 2016
US investors lag behind Europe on responsible investing – report
Survey finds that 47% of European-based institutional investors have established an RI policy
Co-investment: Dancing to a new tune
Co-investment has evolved from a value-add into an industry staple, but debate remains as to whether the strategy favours LPs and GPs equally
Index Ventures leads $66m series-B for Kry
Funding round also sees existing investors Accel, Creandum and Project A participate
VC fuels Europe's journey towards self-driving future
Despite the long-term nature of investing in autonomous vehicles and high barriers to entry, fund managers are finding routes into the segment