Nordic Unquote
PE-backed Oatly lists in $10bn IPO
Company's share price surges by more than 30% to $22.74 during initial trading
TCV leads $150m series-B round for SaaS company Cognite
Shareholders in the company include Aker, Accel and TCV, with Aker owning a majority 50.5% stake
CapMan Growth, Mandatum Private Equity invest in Sofigate
Institutional investors own a little less than one-fifth of Sofigate, while employees and company founder own the rest.
Polaris launches flexible capital strategy with DKK 1bn fund
GP starts raising a DKK 1bn fund for the new strategy and plans to hold a first close after summer this year
Blue Equity holds first close on €78m for third fund
Latest fund will focus on acquiring majority and minority stakes in Danish B2B companies with revenues of DKK 50-250m
Creandum expands investment team in Stockholm and London
Sabina Wizander returns to Creandum as partner after spending four years at portfolio company Kry
Summa Equity to sell HyTest in €545m trade deal
Company in 2019 recorded SEK 299m in revenues and an adjusted EBITDA of тЌ15m
Screen Capital buys machine rental firm Tätab Hyrservice
Deal is in line with a generational change in ownership of TУЄtab, which was established in 1963
CVC sells AR Packaging to trade for $1.45bn
CVC Capital Partners has signed an agreement to sell portfolio company AR Packaging Group to listed company Graphic Packaging Holding Company for $1.45bn.
Early-stage investor Antler closes Nordic fund on €29.6m
Fund was oversubscribed and includes Draper Esprit, Kistefos, VУІkstfonden and Investinor as LPs
Sentica exits Finnish IT company Solteq
Exit comes 11 years after the GP, via Sentica Buyout III, invested in Descom, which was acquired by Solteq in 2015
Taaleri prepares bioindustry-focused fund launch
Fund will typically invest тЌ5-25m and will look at both majority and minority situations
Bluefront Equity acquires Norwegian firm Redox
GP is acquiring a 51.8% stake in the company, alongside its management, according to Finansavisen
FSN acquires Omegapoint from Priveq
Priveq exits the company four years after acquiring a 40% stake
Altor acquires Swedish home appliance maker Aarke
Company has grown rapidly in the last few years, with sales exceeding SEK 200m in 2020, up from SEK 85m in 2019
Polaris backs sportswear retailer Stronger
GP is acquiring a 51% in the company, with the remainder retained by the founders and management
EQT sells StormGeo to Alfa Laval in €363m deal
Deal gives the company an enterprise value of NOK 3.6bn (тЌ363m), which is 17.7x its 2020 EBITDA
Varenne sells Pema to VC-backed JobAndTalent
Trade sale comes a decade after the Swedish GP first invested in Pema in 2011
Gilde Healthcare buys majority stake in Klifo
Gilde Healthcare has now made five investments from its Gilde Healthcare Services III fund
IK sells Hansen Protection to PE-backed Survitec
IK acquired the protective clothing and equipment producer from Montagu in 2013 via IK Fund VII
Novo Seeds, Ysios Capital lead €51m round for Adcendo
RA Capital Management, HealthCap and Gilde Healthcare also take part in the round for the biotech startup
CPPIB, Fidelity lead €262m series-D round for Kry
Company was founded six years ago and has so far raised nearly тЌ500m over five rounds
PE-backed Hemnet lists in €1.15bn IPO
General Atlantic and Sprints Capital, which previously owned 60% and 17%, will remain as Hemnet's largest owners with around 41.1% and 11.8% shareholding, respectively
Triton acquires Geia Food from Credo Partners
Credo exits the company after acquiring a 55% stake in Geia in 2017