Nordic unquote
Altor and Bure backed Carnegie acquires HQ Bank
Altor Equity Partners and Bure Equity-backed investment bank Carnegie has acquired the troubled Swedish bank HQ Bank.
Alliance and Investinor provide NOK 16.2m for bMenu
Alliance Venture and Investinor have invested NOK 16.2m in Internet navigation technology provider bMenu.
Norvestor invests in Apsis
Norvestor Equity has invested in software provider Asis Sweden AB, becoming the largest shareholder.
SEED invests DKK 7.6m in Reapplix
Danish venture capital firm SEED Capital has invested DKK 7.6m in biotech company Reapplix.
Sixth AP Fund sells Sportex
The Sixth Swedish National Pension Fund has sold its stake in bicycle retailer Sportex to Team Sportia.
Hannes Snellman opens Copenhagen office
Hannes Snellman has opened an office in Copenhagen as part of its strategy to become a Pan-Nordic law firm.
ALMI Invest provide funding for EcoBag
ALMI Invest and business angels have invested approximately SEK 2.2m in waste separation specialist EcoBag AB.
Investinor injects NOK 10m in Ping
Investinor has provided NOK 10m as part of a NOK 22m funding round in broadband provider Ping Communications AS.
Investinor leads NOK 40m funding round in Verdande
Investinor has provided NOK 19.7m for Norwegian software provider Verdande Technology AS.
Axcel considering Pandora IPO
Private equity firm Axcel is preparing to float Danish jewellery maker Pandora, according to media reports.
CalPERS private equity manager steps down
Leon Shahinian stepped down as head of the private equity portfolio at CalPERS amid a fraud lawsuit.
CapMan in second IPO attempt of Cardinal Foods
CapMan has filed for an IPO of the Norwegian white meat and egg supplier Cardinal Foods.
Scope portfolio company Wright Trafikkskole expands
Scope-backed Wright Trafikkskole has acquired Norwegian Transportfagskolen and Sikkerhetshallen and Swedish Kul pand Swedish Kul på Hjul Trafikskola.
Scope-backed Brand Factory acquires Kariplast
Scope Capital’s portfolio company Brand Factory has wholly acquired the Finnish producer and supplier of in-store communication Kariplast Oy.
Investor and Accel provide €10m for Telepo
Investor Growth Capital and Accel Partners have invested €10m in Stockholm-based software provider Telepo.
EQT and Goldman Sachs considering IPO of ISS
EQT Partners and GS Capital Partners are considering an IPO of Danish cleaning, catering and security provider ISS A/S, according to reports.
Ratos in possible exit of Bisnode
Ratos AB has entered negotiations regarding the sale of its portfolio company Bisnode, according to reports.
KTH Chalmers and ALMI inject SEK 9m into Apica
KTH Chalmers Capital and ALMI Invest have provided SEK 9m for Swedish IT company Apica.
HitecVision portfolio companies form AT Group
HitecVision has merged its portfolio companies Aarbakke, Technor, Valco and Vector to form AT Group (ATG).
Inventure invests in IPTune
Inventure Oy and two business angels have injected €1.3m into Finnish software solutions provider IPTune.
Triton acquires Ovako
Triton Partners has wholly acquired the bar, bright bar, tube and ring divisions of Swedish steel producer Ovako.
Consortium exit TPACK in trade sale
Vækstfonden, Slottsbacken Venture Capital and Novi A/S have sold their stakes in Danish telecommunication equipment provider TPACK for $32m to AppliedMicro.
HitecVision expands exploration and production team
HitecVision has appointed Harald Vabø and Svein Arild Killingland to join the firm’s exploration and production investment team.
Nordic unquote" August/September 2010
Nordic buyout activity has more than doubled in the second quarter of 2010, according to the unquote” Private Equity Barometer.