Nordic unquote
3i drops Ambea IPO; reaps 3.4x in SBO
3i has dropped the planned IPO for healthcare group Ambea, and opted for a sale to private equity firm Triton. Yet, the IPO can still prove a lucrative exit for Nordic GPs.
3i makes 3.5x money on Ambea sale to Triton
3i has divested its stake in healthcare and care services provider Ambea in a €850m secondary buyout to Triton.
Finnish Industry Investment appoints two
Government-backed investment company Finnish Industry Investment has appointed Heikki Vesterinen investment director in its buyout and M&A team.
Chalmers backs Orthocone with SEK 850,000
Chalmers Innovation Seed Fund has invested SEK 850,000 in technology start-up Orthocone.
Northzone secures EUR 90m in first close of venture fund
Nordic venture investor Northzone Ventures has secured EUR 90m in a first close of its sixth fund.
CapMan winds down Finnventure funds; exits Turo Tailor
Finnish GP CapMan has sold Turo Tailor AB, a producer of men's suits, to the company's management. The business was the last investment in the Finnventure funds.
Q&A: Hungry for secondaries
The secondaries team of NorgesInvestor is aggressively chasing opportunities in the Nordic region. Rikke Eckhoff asks partner Dylan Wolff how he sees the secondaries market.
CapMan invests in Hermelinen
CapMan has invested the Swedish private health care centre Hermelinen.
MySQL founder backs MoSync
VC firm Open Ocean Capital, backed by MySQL founder Michael "Monty" Widenius has invested an undisclosed sum in MoSync, a provider of mobile application tools for standardisation.
Q&A: Reaching the mezzanine level
Armada Mezzanine recently spun out of Eqvitec. Rikke Eckhoff catches up with managing partner Pertti Nurmio.
Volati acquires Team Ortopedteknik
Swedish buyout house Volati has acquired orthopaedic technology company Team Ortopedteknik
Westerlund proposed as new chairman of CapMan
In its AGM notice, Finnish private equity house CapMan, has proposed CEO Heikki Westerlund to become the group's new chairman.
Eqvitec invests SEK 26m into Voddler
Finnish venture investors has backed Voddler, a company which providing video on-demand service, with SEK 26m.
CPE invests €10m in Metallkraft
Climate Change Capital Private Equity (CPE), has led a convertible bond issue in Metallkraft, a Norwegian company that has developed a patented process to recycle spent slurry used in cutting solar silicon wafers.
Scope invests EUR 7m into Footbalance
Swedish growth investor Scope has backed the Finnish producer of moulded insoles Footbalance.
New Danish seed fund attracts DKK 435m in first closing
Danish start-up investor SEED Capital Denmark has secured DKK 435m in commitments for second fund.
Nordic Mezzanine hires three
Nordic Mezzanine has appointed Marlof Tjaden investment director, Tin Radosevic investment manager, and Kenneth Johansson analyst.
Nordic unquote" February '10
Click here to access the latest issue, which features a look at the region's exits market as well as why 3i Growth Capital is optimistic.
Eqvitec's mezzanine team spins out
Finnish venture and growth investor Eqvitec has sold its mezzanine operations to the newly formed Armada Mezzanine, led by former head of mezzanine at Eqvitec Pertti Nurmio.
Reality check
Coming out of the worst recession for a generation, it is tempting to look for a positive angle or find an optimistic spin on the latest developments. Luckily, this month I did need not to look far: the latest unquote” Q4 Barometer, produced in association...
Optiomi and Veraventure back SongHi
Optiomi Invest has joined forces with the Finnish public early-stage investor Veraventure and backed SongHi Entertainment.
Veraventure leads USD 1m round for XIHA Life
Finnish public venture capital fund Veraventure has led a USD 1m investment round for multilingual social networking site XIHA Life
CapMan appoints Haavisto CFO
Finnish private equity group CapMan has hired Niko Haavisto as CFO, effective from 1 May 2010.
Nordic unquote" January 2010
News from the Nordic and Baltic private equity and venture capital markets.