Nordic unquote
CVC sells AR Packaging to trade for $1.45bn
CVC Capital Partners has signed an agreement to sell portfolio company AR Packaging Group to listed company Graphic Packaging Holding Company for $1.45bn.
Early-stage investor Antler closes Nordic fund on €29.6m
Fund was oversubscribed and includes Draper Esprit, Kistefos, Vækstfonden and Investinor as LPs
Sentica exits Finnish IT company Solteq
Exit comes 11 years after the GP, via Sentica Buyout III, invested in Descom, which was acquired by Solteq in 2015
Taaleri prepares bioindustry-focused fund launch
Fund will typically invest €5-25m and will look at both majority and minority situations
Bluefront Equity acquires Norwegian firm Redox
GP is acquiring a 51.8% stake in the company, alongside its management, according to Finansavisen
FSN acquires Omegapoint from Priveq
Priveq exits the company four years after acquiring a 40% stake
Altor acquires Swedish home appliance maker Aarke
Company has grown rapidly in the last few years, with sales exceeding SEK 200m in 2020, up from SEK 85m in 2019
Polaris backs sportswear retailer Stronger
GP is acquiring a 51% in the company, with the remainder retained by the founders and management
EQT sells StormGeo to Alfa Laval in €363m deal
Deal gives the company an enterprise value of NOK 3.6bn (€363m), which is 17.7x its 2020 EBITDA
Varenne sells Pema to VC-backed JobAndTalent
Trade sale comes a decade after the Swedish GP first invested in Pema in 2011
Gilde Healthcare buys majority stake in Klifo
Gilde Healthcare has now made five investments from its Gilde Healthcare Services III fund
IK sells Hansen Protection to PE-backed Survitec
IK acquired the protective clothing and equipment producer from Montagu in 2013 via IK Fund VII
Novo Seeds, Ysios Capital lead €51m round for Adcendo
RA Capital Management, HealthCap and Gilde Healthcare also take part in the round for the biotech startup
CPPIB, Fidelity lead €262m series-D round for Kry
Company was founded six years ago and has so far raised nearly €500m over five rounds
PE-backed Hemnet lists in €1.15bn IPO
General Atlantic and Sprints Capital, which previously owned 60% and 17%, will remain as Hemnet's largest owners with around 41.1% and 11.8% shareholding, respectively
Triton acquires Geia Food from Credo Partners
Credo exits the company after acquiring a 55% stake in Geia in 2017
DevCo acquires minority stake in Bluefors
GP is deploying equity from DevCo Partners III, which raised €180m at the end of 2019
EQT closes ninth buyout fund on €15.6bn
Vehicle was launched in January 2020 and is already 40-45% deployed
Jolt, Tesi et. al in €30m round for Virta
With the funding, the Finnish company will seek to expand into Asia, which it said was one of the largest markets for EV charging alongside Europe and North America
Verdane appoints sustainability expert Osmundsen as partner
Erik Osmundsen will be responsible for strengthening Verdane's capabilities in sustainability
Swedish VC Pale Blue Dot closes debut Climate Tech Fund on €87m
GP is looking to invest in 35 tech startups in Europe and the US that are focused on the climate
Icebreaker closes second fund on €100m
VC also closes a €20m Opportunity Fund, which will be used for follow-on investments in portfolio companies from the first fund
IK closes third small-cap fund on €1.2bn hard-cap
New fund is more than double the size of its €550m predecessor, IK Small Cap II Fund, which is now almost fully invested
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