Deal follows an auction process initiated by the company at the end of summer 2020 and was led by Deloitte.
Fund was previously aiming for a final close by the end of 2020
THL will continue to be a majority shareholder and EQT, which sold its majority stake to THL in 2019 but retained 10%, will also still be invested
GP had delisted the trading technology and services provider in 2012
Unquote rounds up notable fundraises ongoing across the Nordic market, including EQT, Axcel, CapMan, Saga, and more
Semantix was originally established in 1969 and was acquired by Segulah in 2015
Wave of Nordic IPOs shows no signs of receding this year, often driven by new opportunities emerging from the pandemic
Fund V is already 50% deployed and has made seven investments so far
Sale comes nearly six years after the GPs acquired the company
GP started raising the fund in March 2020 and said the vehicle was "significantly oversubscribed"
GP's stake is reportedly smaller than 25%, with the current owner remaining as the majority shareholder
Deal comes more than seven years after Triton invested in Logstor via Triton Fund III
Listing comes more than a decade after Litorina acquired a 66% stake in wallpaper manufacturer ECO-Boråstapeter
Mergermarket reported in December 2020 that Norkart was being marketed based on EBITDA of around NOK 83m (€7.8m)
Founder and CEO Peter Hemicke will reportedly own 57.5% while board chaiman Lars Aean purchased 5%
After the transaction, Kaffekapslen's management team will own around 45% of the company
Lynda Clarizio, former president of Nielsen US Media, joins the board of directors
Other investors include PreSeed Ventures, Prehype, Vaekstfonden and Bjarke Ingels
Deal values the Swedish royalty-free music platform at $1.4bn
GP has reportedly engaged an adviser to solicit interest and has collected non-binding bids
Investment company Jotunfjell Partners and the management team will own a minority stake in Polarn O. Pyret.
GP will own 63% of the company, alongside the management and other key individuals who own the remainder
Bure says the initiative has been enabled by Nasdaq Stockholm's new SPAC regulations
Deal is the second investment from CapMan Buyout XI fund, which held a first close in June 2019 on €160m and has a target of €250m