Nordic Unquote
EQT's Munksjö to merge with Ahlstrom division
MunksjУЖ, a Swedish paper producer owned by EQT, is set to merge with Ahlstrom's label and processing business ahead of a planned IPO on NASDAQ OMX Helsinki.
Danske Private Equity holds final close on €650m
Danske PEP V has held a final close on тЌ650m, the fund's hard cap.
Dawn Capital backs Miinto
Dawn Capital is said to have invested $6m in Danish online fashion retailer Miinto.
EQT's ISS receives €500m investment
EQT-backed cleaning firm ISS has received a тЌ500m investment from Ontario Teachersт Pension Plan and KIRKBI Invest A/S.
HitecVision and Converto Capital sell Naxys to GE
HitecVision and Converto Capital Management have exited oil and gas equipment company Naxys to a subsidiary of American NYSE-listed General Electric.
Almi in SEK 7m round for InCoax
Almi Invest and Norrlandsfonden have participated in a SEK 7m round for Swedish broadband business InCoax Networks.
Latvian Guarantee Agency seeks managers for local VC funds
State-backed Latvian Guarantee Agency (LGA) has launched a tender to select up to three managers for recently established VC funds.
Nordic Report 2012
Last yearтs closings of EQT VI (тЌ4.75bn) and HitecVision VI ($1.5bn) were not only the largest ever funds raised in their respective countries, but also signs of international interest in the region т both attracted significant global capital.
EIF commits €17m to Lithuanian SME funds
The European Investment Fund (EIF) has committed тЌ11m to the Practica Venture Capital Fund and тЌ6m to the Practica Seed Capital Fund.
IK buys Actic from FSN Capital
IK Investment Partners has acquired Swedish health and fitness business Actic from FSN Capital.
Via Venture acquires Hostnordic
Via Venture Partners and retail investor Christian Winther have jointly acquired a majority stake in Danish web hosting and IT outsourcing provider Hostnordic.
A Capital in DKK 185m PIPE for Bang & Olufsen
A Capital and Chinese luxury retailer Sparkle Roll have invested DKK 185m for a 7.71% stake in listed Danish high-end audio-video business Bang & Olufsen.
CapMan exits Ascade to CSG Systems
CapMan has sold software developer Ascade to NASDAQ-listed trade player CSG Systems.
Nordic Capital buys four consumer financing firms
Nordic Capital has acquired Swedish consumer financing, insurance and business support services providers Resurs Bank, Solid FУЖrsУЄkringar, Reda Inkasso and Teleresurs.
Ratos-backed Arcus-Gruppen buys spirits brands portfolio
Ratos portfolio company Arcus-Gruppen has acquired Nordic spirit brands Aalborg, BrУИndums, Gammel Dansk and Malteser from Pernod Ricard.
Norvestor acquires Abax
Norvestor Equity has bought Norwegian electronic trip logs provider Abax in a management buyout.
G Square buys Mikeva from Intera
G Square Capital has acquired Finnish social care services provider Mikeva from Intera Partners.
Verdane Capital Advisors sells Prenax
Verdane Capital Advisors has sold Swedish subscription management company Prenax to French family office Arts et Biens.
Litorina backs Gullbergs MBI
Litorina has acquired a majority stake in Swedish office supplies provider Gullbergs.
Altor-backed Nimbus Boats goes under
Altor Equity Partners portfolio company Nimbus Boats has filed for bankruptcy.
EQT raises €1bn for infrastructure fund
EQT has raised more than тЌ1bn for its second infrastructure fund, reports suggest.
Fundraising a chief concern for Nordic PE professionals
While the AIFM Directive was on everybody's agenda last year, fundraising is the main concern for most of the private equity practitioners polled in the latest unquote" Nordic Survey.
3i sells LNI stake for €36m
3i Group has sold its 5.7% stake in Lakeside Network Investments (LNI) to Teachers Insurance and Annuity Association of America for тЌ36m.
Nordic Survey 2012
The second edition of unquote's Nordic Survey, published in association with Delphi, paints a picture of optimism among local private equity professionals.