Nordic unquote
GP-backed Maritech Systems acquires EDI Systems
Add-on deal comes three years after Broodstock acquired a majority stake in Maritech Systems
Blue Equity acquires 40% stake in DTK Group
Deal reportedly values the company at well over DKK 100m, or €13.4m
Highland Europe leads €40m series-B round for Supermetrics
Finnish company claims to have been profitable since its founding in 2013, with turnover doubling each year
Quuppa raises €20m from Bocap and TCG
Round is company's first ever capital raise, which it will use to to scale up services
Waterland buys Modstrøm Danmark
GP is reportedly paying DKK 200m for the company, which last year generated DKK 30m in EBITDA
Adelis acquires majority stake in Red Ocean Technology
Norwegian IT company is expected to generate €16m in revenues this year, up from €12m in 2019
Alder backs Samon
GP deploys capital from Alder Fund II, which invests in companies based across the Nordic region
HIG-backed Meyra acquires TA Service
HIG acquired mobility products manufacturers Meyra and Alu Rehab and merged them in October 2019
Hg increases stake in Visma, valued at $12.2bn
New investors Warburg Pincus and TPG will invest in the business for the first time, acquiring minority stakes
EQ Asset Management eager to deploy following double fund close
EQ says it has completed five acquisitions through its secondaries fund since the outbreak of Covid-19
Nordic Capital X hits €5bn target in first close - reports
Fund is larger than its predecessor, Nordic Capital IX, which held a final close on €4.3bn in May 2018
Procuritas exits Temporary Space
Acquisition will help trade buyer Algeco to strengthen its position in the Nordic modular space market
EQT to launch Huscompagniet's IPO - report
IPO is expected to be launched by the end of the year or the beginning of 2021 at the latest
EQT, Vaaka Partners sell shares worth €119m in Musti
Shares have been sold to institutional investors for €15.8 a share
Nordic PE exits hit new low in Q2
Volume of exits by PE firms across the Nordic countries in Q2 2020 fell to its lowest point in more than a decade, according to Unquote Data
Tesi, NordicNinja et al. in $54m series-C for Varjo
Tech company has raised $100m since being founded in 2016
Shark Solutions raises funding from Circularity Capital
Company will use the proceeds to develop its manufacturing infrastructure and to expand its product range
Priveq acquires majority stake in Trendhim
Company in 2019 generated revenues of DKK 115m, the equivalent of €15.4m
White Park, Navigator Capital carve out Gateway from Gunnebo
Subsidiary has since 2019 generated a loss for Gunnebo
Vitruvian Partners sells Unifaun to Marlin Equity Partners
GP exits the business four years after acquiring a majority stake in it alongside the management
CapMan announces second growth fund; invests in DSP Neural
VC fund has made its first investment in DSP Neural, which raised €5m in a series-A round
CapMan to reorganise service business
GP will launch CapMan Wealth Services, which will combine the services of the disbanded Scala Fund Advisory and JAM Advisors brands
PE-backed Visma acquires Dutch firm Yuki
Deal is Visma's third acquisition in the accountancy software market
Finland’s VC industry remains buoyant despite pandemic
Dealflow in the Finnish VC market remained strong in the peak months of the coronavirus outbreak, with local players cautiously optimistic