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Nordic unquote

Money transfer firms
BlackRock et al. acquire minority stake in Nordic Capital's Trustly

Nordic Capital will remain a majority owner in the company

  • Expansion
  • 10 June 2020
Internet of things
Nordic GPs find solace in demand for tech deals

Buyout activity in the Nordic region has nose-dived in 2020, while venture capital activity surged in some countries

  • Investments
  • 10 June 2020
Cybersecurity and digital access restriction services
Vitruvian Partners acquires majority stake in Scrive

Employees and board members of the company will retain a minority stake in the business

  • Nordics
  • 09 June 2020
Industrial components manufacturers
DevCo-backed VAG acquires ZMK Technologies

DevCo-backed Vexve Armatury Group (VAG) has acquired a majority stake in German valve supplier ZMK Technologies from Advanced Holdings – a Singaporean listed company focusing on engineering services and clean technologies – and the founders of the...

  • Portfolio management
  • 08 June 2020
Business enterprise software
Explore Equity acquires Nova Consulting Group

Target company generated NOK 337m in revenues in 2019 and EBIT of NOK 51m

  • Buyouts
  • 08 June 2020
Biotechnology and medical sciences
DevCo-backed Medix Biochemica adds-on two US companies

Company has so far added on three companies and used its cashflow to acquire them

  • Portfolio management
  • 05 June 2020
Modular building
Norvestor Equity sells Wexus to TDR-backed Algeco

Sale ends a three-year holding period for the GP, which invested in the company via its seventh fund

  • Exits
  • 05 June 2020
Renovation and decoration services
FSN Capital to acquire majority stake in Handverksgruppen

GP reportedly paid €55-65m for the deal and deployed capital from its fifth fund

  • Buyouts
  • 05 June 2020
Apps that facilitate working from home
Firstminute leads €3.5m seed round for Good Monday

Danish tech startup has so far raised €6m over three seed rounds

  • Early-stage
  • 04 June 2020
Fraud prevention services
Monterro buys RegTech company Trapets

GP reportedly buys a 70% stake in the business, valued at €30.5m

  • Buyouts
  • 04 June 2020
Supermarkets
Voima Ventures leads €1.5m seed round for Iiwari

Deal is VC's sixth investment from its Deep-tech Fund

  • Early-stage
  • 03 June 2020
Designer clothes
Polaris exits Danish fashion brand PWT Group

Covid-19 ends a 12-year investment period during which the company grew to acquire five other brands

  • Exits
  • 03 June 2020
Dubbing and sound studios
83North leads €15m series-A round for podcast startup Podimo

Existing investors E.Ventures and Heartcore also participate in the funding round

  • Early-stage
  • 28 May 2020
Legal spend management and matter management platform
KKR revises conditional offer for Avida Finans

Subscription price per share has been reduced from NOK 33 to NOK 26

  • PIPEs
  • 28 May 2020
Doctors and GPs
Carnegie, Handelsbanken lead €45m series-C for Doktor.se

Digital healthcare startup has reportedly raised more than $76m in equity so far

  • Expansion
  • 28 May 2020
Hiotlabs makes sensors that help prevent water damage
Triton-backed Polygon acquires Hiotlabs

Polygon, a Swedish property damage control company backed by Triton Partners, has acquired Hiotlabs, a Stockholm-based provider of sensors that detect and prevent water damage in buildings.

  • Portfolio management
  • 26 May 2020
Wealth managers and financial advisers
Nordic Capital to acquire financial adviser Max Matthiessen

Insurance broker sells the business six years after acquiring it from Altor

  • Buyouts
  • 26 May 2020
Business loans and computer software
Inkef leads €12m series-A funding round for Happeo

Finnish company has raised €20m since being founded in 2018

  • Early-stage
  • 21 May 2020
Computer services and business enterprise software
Vaaka Partners acquires majority stake in Staria

Company is aiming for most of its future growth to be achieved outside of Finland

  • Buyouts
  • 21 May 2020
Catering services
Wolt raises €100m in series-D funding round

Company will use funding to see it through uncertainty caused by the pandemic

  • Expansion
  • 19 May 2020
Women's fashion
Arcmont Asset Management acquires Masai from Silverfleet – report

Silverfleet exits the business five years after acquiring a majority stake in it via Silverfleet Capital II

  • Exits
  • 14 May 2020
Business loans and credit lines
EQT Venture leads $30m series-B round for Anyfin

Swedish fintech Anyfin has so far raised more than €40m since 2018

  • Venture
  • 14 May 2020
Human resources software developer
PE-backed Visma acquires Nmbrs

Norwegian company has acquired 14 businesses in a year

  • Portfolio management
  • 13 May 2020
Road construction and maintenance
Altor acquires Eleda; adds on JVAB and One Nordic

Combined turnover of the enlarged group was SEK 6bn in 2019

  • Buyouts
  • 12 May 2020
24 25 26
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