Nordic Unquote
Unquote Private Equity Podcast: Nordic 2020 Review
Katharine Hidalgo welcomes Unquote Nordic reporter Eliza Punshi to discuss how dealflow and fundraising prospects are faring as 2021 rolls on
MB Funds to sell A-Katsastus to Finnish cooperative Tradeka
Exit comes a year and a half after the Finnish GP acquired the company from Bridgepoint, having also owned the company between 2003 and 2006
Maj Invest acquires Ferm Living from Vendis Capital
Deal reportedly values the interior design company at around тЌ67m
Hg acquires Geomatikk
GP is deploying from its Hg Mercury 2 Fund, which held a final close on ТЃ575m in February 2017
Sanofi et al. back €47m series-B for MinervaX
MinervaX has so far raised a total of $81.5m in funding, including grants
Procuritas buys and merges Medpro and Omtanken
GP is deploying equity from Procuritas VI, which held a final close on тЌ318m in May 2017
FSN to acquire 45% stake in Obton
GP is reportedly paying тЌ403m for its stake, corresponding to a valuation of 25x profit for 2019
EQT Ventures, Creandum lead €1.5m seed round for Kive
AI startup will use the funding for product development and to strengthen its team in Europe
Investcorp acquires clinical trials company Sanos
GP is deploying equity from its European Buyout Fund, which held a final close on тЌ1bn in January 2019
Latour carves out workwear brands Fristads, Kansas, Leijona
GP is acquiring the companies through its fully owned portfolio company Hultafors Group
Advent sells Faerch to trade
Deal comes three years after the GP acquired the company from EQT, reportedly paying around тЌ1bn for it
MB Funds to sell Kotkamills to trade
Sale comes five years after an MB Funds-led consortium acquired the company from Opengate Capital
Eurazeo Growth, Dawn Capital lead €85m round for Tink
Other investors include HMI Capital, Paypal Ventures, Heartcore and Opera Tech Ventures
Polaris reaps high-teens return on €1bn sale of Molslinjen
Deal is the first exit from the GP's third buyout fund
Alder to start raising new fund in H2 2021
Sponsor is currently investing from Alder II, which closed on its hard-cap of SEK 1.5bn in 2019
2021 Preview: Nordic region weathers brunt of pandemic
Nordic countries lived up to their reputation as PE stronghold in 2020, with strong H2 recovery and record VC investments in the region
PE-backed Elektroimportøren prices IPO
Company will start trading from 16 December on Euronext Growth Oslo
PE-backed Navico divests C-Map Commercial
Divestment will allow Navico to focus on its core business
Rundit raises €1m in seed funding
Startup was founded this year and has so far raised тЌ1.6m in total
EQT acquires 30% stake in listed company Beijer Ref
GP buys $1.1bn stake from air conditioner manufacturer Carrier Global Corporation
Korona Invest acquires stake in Enmac
Enmac is GP's sixth investment from the fund, which was 50% deployed following its fifth investment in April 2020
GP Bullhound leads €3m series-A for Elias Software
Company will use the proceeds to fuel product development and international expansion
Hg-backed IT Relation bolts on Improsec
With the latest acquisition, IT Relation will add cybersecurity as its fourth business area, alongside cloud services, business consultancy and professional services
Vidici Ventures et al. in €2m seed round for ReceiptHero
Startup will use the proceeds for further product development, and to expand into Sweden and the Baltic region next year