Denmark
ISS appoints Sir Charles Allen ahead of revived IPO
Danish facilities group ISS, backed by EQT and Goldman Sachs, has appointed Sir Charles Allen as chairman, suggesting the firm may once again revive plans for an IPO.
Target Partners et al. invest €6m in Falcon
Target Partners has led a тЌ6m funding round for Falcon Social, a Danish firm developing a social media management software-as-a-service (SaaS) platform.
HgCapital buys e-conomic
HgCapital has acquired e-conomic, a Denmark-based software-as-a-service (SaaS) accounting business for SMEs.
Christian Brønden joins Industriens Pension
Danish pension fund Industriens Pension has appointed Christian Raaby BrУИnden as director of private investments.
Exact Invest backs Danmagi
Exact Invest has invested in Danmagi, a Danish cloud-based guest internet provider.
Balderton Capital et al. in follow-on for Vivino
Balderton Capital has led a тЌ7.9m ($10.3m) follow-on series-A funding round for Vivino, a Danish social wine-focused app developer.
From US to Europe: an elusive carried interest definition
Carried interest
Matas to unlock the Nordic IPO market?
The recent IPO of Matas, with a market cap of тЌ630m, is the first new listing on the Copenhagen stock exchange in two years. Could this listing be the key to unlocking the hushed Nordic IPO market? Karin Wasteson investigates
CVC-backed Matas in €630m IPO
Matas, a Danish beauty products retailer backed by CVC, has listed on the Copenhagen stock exchange.
Erhvervsinvest holds first close on DKK 770m
Erhvervsinvest has held a first close of its third fund, Erhvervsinvest III KS, on DKK 770m.
Abraaj Group acquires Fan Milk from Maj Invest
Abraaj Group has agreed to acquire Fan Milk International from the Emborg family, Maj Invest Equity and the management.
Triton acquires Logstor from Montagu
Triton has agreed to acquire Danish pipe systems supplier Logstor from Montagu Private Equity and other shareholders.
Nordic Capital exits EG, reaps 4x money
Nordic Capital has agreed to sell Danish IT software and services provider EG to Axcel for тЌ160-170m, reaping a 4x money multiple and a 30% IRR.
Maj Invest sells Kelsen Group to Campbell Soup
Maj Invest has sold Danish baked snacks maker Kelsen Group AS to Campbell Soup.
Nordic Report 2013
Once the darling of European private equity, has the Nordic region lost some of its lustre?
Agilitas buys ISS division in maiden investment
Mid-cap GP Agilitas Partners has backed the management buyout of ISS Damage Control from EQT-backed ISS Group.
Valedo backs Becksöndergaard
Valedo Partners has invested in fashion accessories brand BecksУЖndergaard Copenhagen.
Maj takes a bite out of Sticks'n'Sushi
Maj Invest Equity has acquired 49% of Danish sushi restaurant chain Sticks'n'Sushi.
CVC plans Matas listing
CVC Capital Partners is understood to be planning an IPO for Danish beauty retailer Matas on the Copenhagen stock exchange.
Catalyst Investors backs Reputation Institute
Catalyst Investors has completed a minority equity investment in Danish corporate reputation measurement firm Reputation Institute.
Prometheus in partial Pandora exit
Prometheus Invest ApS has agreed to sell 13 million shares in Pandora AS to institutional investors for DKK 2.6bn.
The end of the Nordic dream?
Buoyant economies and market-beating returns have long made the Nordics top of LPs' wish lists. But a slowdown in exit activity combined with an increase in capital chasing deals may indicate tougher times ahead.
Nordic unquote" May 2013
For almost 40 years, Sweden was one of the few countries in the world where private retail of pharmaceuticals was banned.
Novo AS et al. round up €141m Symphogen financing
Novo AS, PKA and Danica Pension have provided Danish biopharmaceutical company Symphogen with a further тЌ41m, rounding up a тЌ141m funding round for the business.