Nordic unquote
Electric car maker Polestar raises $550m from new investors
Company raised $1.2bn in a series-A round last year and said that further fundraising was being considered
Gro Capital invests in Danish firm Luxion
According to Borsen, the GP's stake is more than 35% and that the deal valued Luxion at almost DKK 1bn (€134.5m)
Strong 2020 for Nordic tech, VC and IPOs, says Argentum
CEO Joachim Høegh-Krohn speaks to Unquote about the report's key takeaways
Polaris merges four financial advisory firms into North
Deal is the third from Polaris Private Equity V, which launched in 2019 and was targeting €550m
Nordic Capital-backed Trustly announces plan to list
Fintech company is reportedly seeking a valuation of €7-9bn
PE-backed Hemnet plans to list in Q2
The proposed listing comes six years after General Atlantic acquired a controlling stake in the company reportedly for around SEK 2bn
SoftBank, Prosus lead €223m round for Kolonial
New round reportedly gives the company a post-money valuation of €750m, up significantly from its last valuation of around $178m in 2017
Capidea acquires Obsidian Group
Deal follows an auction process initiated by the company at the end of summer 2020 and was led by Deloitte.
Superhero Capital to close second fund by mid-summer
Fund was previously aiming for a final close by the end of 2020
THL, EQT sell stake in AutoStore to Softbank for $2.8bn
THL will continue to be a majority shareholder and EQT, which sold its majority stake to THL in 2019 but retained 10%, will also still be invested
Nordic Capital nets strong return on €2.1bn Itiviti trade sale
GP had delisted the trading technology and services provider in 2012
Nordic Fundraising Pipeline - Q1 2021
Unquote rounds up notable fundraises ongoing across the Nordic market, including EQT, Axcel, CapMan, Saga, and more
Semantix owner Segulah preps exit with William Blair
Semantix was originally established in 1969 and was acquired by Segulah in 2015
Nordic IPO rush drives exit opportunities for GPs
Wave of Nordic IPOs shows no signs of receding this year, often driven by new opportunities emerging from the pandemic
Armada Credit Partners closes fifth fund on €210m
Fund V is already 50% deployed and has made seven investments so far
Hg acquires Trackunit from Goldman Sachs, Gro Capital
Sale comes nearly six years after the GPs acquired the company
Klar Partners closes debut fund on €600m hard-cap
GP started raising the fund in March 2020 and said the vehicle was "significantly oversubscribed"
Nordic Capital acquires minority stake in Leo Pharma
GP's stake is reportedly smaller than 25%, with the current owner remaining as the majority shareholder
Triton reaps 2.4x return on sale of Logstor
Deal comes more than seven years after Triton invested in Logstor via Triton Fund III
Litorina-backed Embellence Group to list
Listing comes more than a decade after Litorina acquired a 66% stake in wallpaper manufacturer ECO-Boråstapeter
Ferd acquires IT firm Norkart
Mergermarket reported in December 2020 that Norkart was being marketed based on EBITDA of around NOK 83m (€7.8m)
Brygge Partners invests in Tier 1 Asset
Founder and CEO Peter Hemicke will reportedly own 57.5% while board chaiman Lars Aean purchased 5%
Ceder Capital acquires Kaffekapslen
After the transaction, Kaffekapslen's management team will own around 45% of the company
OpenOcean and Spintop lead €3.6m series-A for Cambri
Lynda Clarizio, former president of Nielsen US Media, joins the board of directors
