Nordic unquote
Inventure et al. invest in Web of Trust
Sino-Finnish venture capital group Inventure has invested €1m in surfing tool Web of Trust (WOT), alongside private investor Risto Siilasmaa and the Finnish Industry Investment.
SVCA report reveals dive in venture activity
Sweden venture capital activity is at its lowest level since 2007, according to the SVCA’s latest quarterly report.
Herkules Capital's Pronova BioPharma receives takeover bid
Herkules Capital's Norwegian portfolio company Pronova BioPharma has received a voluntary cash offer from German chemicals company BASF SE.
KIC InnoEnergy and Sting join forces
Sting (Stockholm Innovation and Growth) is teaming up with KIC InnoEnergy Sweden to offer development support to Stockholm-based start-ups within the renewable energy sector.
Nordic Capital sells Neonet
Nordic Capital has sold its majority stake in electronic trading service Neonet to Hay Tor Capital, KAS Bank and Neonet management.
CapMan Buyout X holds first close
CapMan Buyout X has held a first close at €152m.
Inventure leads €1.2m series-B round for Miradore
Inventure and Belgian ICR executive Willem Hendrickx have invested €1.2m in Finish IT platform provider Miradore.
HitecVision hires senior partner
Norwegian GP HitecVision has hired Alf Thorkildsen as senior partner.
Are infrastructure deals the key to the Nordic market?
In the quest for high-quality deals that are convincing enough for banks to back and make investors excited about the coming fundraising round, Nordic players have looked towards infrastructure.
Northzone et al. exit T-Vips
Northzone and Incitia Ventures have exited their stake in Norwegian broadcast technology company T-Vips.
Capio buys healthcare division of PE-backed Ambea
Capio – a portfolio company of Apax and Nordic Capital – has acquired Carema Healthcare from Carema, the Swedish healthcare division of private equity-owned Ambea.
Sweden continues to lead Nordics
Sweden outpaced its Scandinavian neighbours in the 12 months leading up to November. A SVCA study shows that industry optimism returned just in time for year-end.
Fjord Capital's BioGasol secures €5m equity funding
Danish alternative fuel provider BioGasol ApS has secured €5m in equity financing from existing investors including Fjord Capital Partners, alongside a €10m grant from the Danish Energy Agency.
Perusa buys Opcon division for SEK 218m
Perusa has acquired the engine efficiency division of Opcon, a Swedish energy and environmental technology group, for SEK 218m.
Nordic unquote” November 2012
In the quest for high-quality deals that are convincing enough for banks to back and make investors excited about the coming fundraising round, Nordic players have looked towards infrastructure.
Swedish authorities continue to press for tax change
Sweden's tax authorities are vehemently pushing for a change in the taxation of proceeds for private equity fund managers.
Almi Invest et al. back PromoBucket spin-off
Almi Invest and 1:a Västmanlandsfonden have backed the spin-off of Swedish software-as-a-service (SaaS) provider PromoBucket from advertising agency Navii.
Supremum leads €2m financing round in Atosho
Supremum Capital has joined existing investors in a €2m financing round for Danish e-commerce business Atosho.
Incitia sell T-VIPS stake in merger with Nevion
Incitia Ventures has sold its 26% share of Norwegian video transport company T-VIPS through merging the business with Herkules Capital portfolio company Nevion.
Investcorp buys Georg Jensen for $140m
Investcorp has agreed to buy Danish luxury jewellery and silverware manufacturer Georg Jensen for $140m from Axcel Capital Partners.
EQT Credit II hits €376m
Swedish private equity house EQT has raised €376m for its second credit opportunities fund, according to reports.
KKR and Permira to sell Nordic business for up to €1.5bn
Two private equity firms and a trade player are in talks with German PE-backed broadcaster ProSiebenSat.1 Media regarding the acquisition of its Nordic unit – a deal that could fetch up to €1.5bn, according to reports.
Wellington et al. in seed round for HowDo
Wellington Partners has led a seed investment round in Sweden-based HowDo, a knowledge-based social platform.
Ratos sells broadband operator Stofa for DKK 1.9bn
Ratos has agreed to sell Danish broadband and telephony operator Stofa to trade buyer SE for DKK 1.9bn (€255m) after a two-year holding period.