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Nordic unquote

Microwavable foods
Deal in Focus: Advent buys Faerch Plast from EQT

Financial details are undisclosed but Danish media reports the purchase price was between DKK 6.5-7bn

  • Nordics
  • 05 June 2017
The flags of Scandinavia
Nordic Capital back on trail with Fund IX

Minnesota State Board of Investment could commit up to $150m to the Nordic GP's new vehicle

  • Funds
  • 05 June 2017
Mental health clinics and rehabilitation centres
G Square sells Mikeva for €150m

Paris-based private equity firm fully exits the asset after a five-year holding period

  • Exits
  • 02 June 2017
Fundraising in dollars
Hamilton Lane, Scala Fund Advisory close club fund on $70m

Idea was originated by Scala Fund Advisory, while the vehicle will be managed by Hamilton Lane

  • Fund-of-funds
  • 31 May 2017
Outdoor sports equipment
Verdane buys Mustad and Sunkost from Ard Group

GP secures a controlling stake in Mustad and Sunkost through its Verdane Capital IX vehicle

  • Buyouts
  • 30 May 2017
Refrigerated logistics
Norvestor sells Abax to Investcorp after five-year holding

Deal is the third exit for Norvestor's sixth fund, which has made 11 mid-market investments

  • Buyouts
  • 26 May 2017
Wind turbines and components
Axcel begins investing from fifth fund with Nissens buyout

Axcel V is still fundraising and has so far raised €440m against a hard-cap of €600m

  • Buyouts
  • 25 May 2017
Cloud computing and hosting services
Ratos makes profitable Nebula exit

Swedish private equity house nets an IRR of 37% and a money multiple of 3.3x following the trade sale

  • Exits
  • 22 May 2017
Literature and book shops
Accent in SEK 760m Akademibokhandeln exit

Sale of Akademibokhandeln is the second exit for the Accent Equity 2012 fund

  • Exits
  • 18 May 2017
Financial technology and business enterprise software
Verdane backs market intelligence company Dapresy

Deal comprises both a capital increase and the purchase of a stake from Dapresy backer Almi Invest

  • Expansion
  • 18 May 2017
Magazines available on mobile devices
Zouk and Hermes in €13m Readly series-B

Reports indicate that Readly had previously raised SEK 20m from Zouk in 2015

  • Expansion
  • 17 May 2017
Bolt-ons may be suffering from the effects of a frothy market
Agilitas-backed Recover Nordic bolts on four firms

Recover Nordic expands its presence across the Nordic region with three purchases

  • Portfolio management
  • 16 May 2017
Electrical tape
Bain's Bravissima fully exits Bravida

Accelerated bookbuilding process saw Bravissima sell its entire 15.48% remaining stake

  • Exits
  • 15 May 2017
Business software and outsourcing services
Viking Venture invests in View Software

Deal sees GP lead an undisclosed funding round for the business and acquire a 49% stake

  • Expansion
  • 15 May 2017
Industrial plumbing
FSN's Instalco to float with SEK 2.5bn market cap

At completion of the overallotment option, the GP will retain a 19.6% stake in the business

  • Exits
  • 12 May 2017
Sleep aids
Inventure sells Beddit to Apple

Nordic early-stage VC firm sells its stake in the Finnish sleep monitoring sensor manufacturer

  • Exits
  • 11 May 2017
Cleaners and associated equipment
Spintop leads €2m round for cleaning platform Freska

Investment comes a year after the home cleaning platform acquired Norwegian competitor Freska

  • Expansion
  • 10 May 2017
Construction vehicles and excavators
Verdane's Uppländska in Bellmans bolt-on

New company is plans to grow with further bolt-ons, as well as organically

  • Portfolio management
  • 09 May 2017
The scales of justice
Swedish PE industry reeling from carry tax verdict

Latest twist in the long-running carried interest taxation saga in Sweden could leave the local industry facing months of uncertainty

  • Regulation
  • 09 May 2017
Translation services
Catacap buys translation service LanguageWire

Deal is the second acquisition of 2017 for the Danish small- and mid-cap buyout house

  • Buyouts
  • 08 May 2017
Construction checks and health & safety
Adelis Equity Partners takes majority stake in Knightec

Launched in 2012 in Stockholm, Adelis is currently investing from its €410m maiden fund

  • Buyouts
  • 05 May 2017
Joakim Frimodig of CapMan
CapMan appoints Frimodig as deputy CEO

Frimodig will initially take on the role of interim CEO until the appointment of a full-time replacement

  • People
  • 04 May 2017
Accounting services and financial overviews
Summa Equity invests SEK 100m in Pagero

Fresh capital will be used for R&D, expansion into new markets and expanding the workforce

  • Expansion
  • 04 May 2017
European technology fundraise
Vendep Capital hits €40m close for second venture fund

GP aims to support pre-series-A fundraising for Finnish software developers

  • Funds
  • 03 May 2017
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