Denmark
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
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
Axcel buys three staffing agencies
Combined group generates revenues of DKK 850m and employs 150 staff across 11 offices in Denmark
Via Equity sells EnviDan to Waterland
Via Equity acquired the water and wastewater consultancy in 2015 through Via Venture Partners Fond II
Edge invests in Blast
Investment manager Niall Santamaria led the investment for Edge and has been appointed to the board
Alder to exit Finnish company Aidon in Q1 2021 – report
GP acquired a majority stake in the company in 2013, alongside 2VK Invest, Tesi and key employees
Sale of EQT-owned Fertin Pharma to launch in Q1 2021
GP is aiming to close the deal before the second half of 2021
EQT-backed HusCompagniet prices IPO
Company's IPO had reportedly been covered on the first day of the bookbuild
PE-backed Nets and Nexi sign agreement for merger
Deal values the Danish paytech company at тЌ7.8bn
Via Equity invests in ESmiley
Deal is the GP's first from its fourth fund, which held a first close last month and is targeting тЌ175m
EQT sells Tia Technology to trade
GP is selling the company for $78m in cash on a fully diluted basis, six years after acquiring it
PE-backed Trustpilot to list in H1 next year – report
Danish internet company could reportedly be listed at a valuation of $1bn
Vækstfonden et al. in €1.1m seed round for Kaffe Bueno
Startup plans to use the seed funding for launching new products, scaling up production, growing its team and to cover costs for patents
LifeX raises €6m from Cherry, Vækstfonden et al.
Startup has raised тЌ15m in funding since being founded in 2017
PE-backed Nets bolts on CCV Schweiz
Following the deal, CCV Schweiz will be integrated with Concardis Schweiz, which is part of Nets Group
Agilitas-backed Danoffice to buy NPVision
Deal will be the second add-on acquisition for Danoffice since Agilitas's buyout of the company in November 2017
Lunar raises €40m in series-C funding
Startup has so far raised more than тЌ100m and is backed by VC firms Seed Capital, Greyhound, Augustinus, Socii and private investor David Helgason
Blue Equity buys Danish tool manufacturer Junget
GP is deploying equity from its second fund, which is now almost fully invested
Verdane expands investment team in Denmark
Bouchet joins the GP from Nordea, where he spent more than two years as an associate director in its investment banking division
LogPoint raises $30m in series-B round
Cybersecurity firm has so far raised $42m over three rounds
Eir Ventures leads seed funding round for Synklino
Startup focuses on developing therapies against viral infections
Soleus and Eir lead $64m series-D round for Galecto
Biotech company has so far raised around $160m since being founded nine years ago
EQT carves out Natural Colours from Chr Hansen in €800m deal
GP is deploying equity from its latest fund, EQT IX, which will be 15-20% invested following deal completion
Seed Capital leads €4m funding round for BotXO
Around тЌ2m comes from Seed Capital, while VУІkstfonden is providing a syndicated loan of тЌ1.8m