Denmark
Montagu sells Covidence to EMK
Sale ends a four-year holding for the GP, which acquired the company using capital from Montagu V
Anacap buys SundhedsGruppen
Anacap will acquire a majority stake via its тЌ900m fund, Anacap Financial Partners III
Pemberton opens Copenhagen office
Direct lending is gathering pace in the region as local banks begin to be constrained
VC firms in $56m series-B for Pleo
Fresh capital will be used to roll out Pleo across Europe and triple its headcount from 120 to 400
Agilitas-backed Danoffice buys Datacon
First add-on for Danoffice since Agilitas acquired the firm in a buyout in November 2017
Saga closes fund-of-funds on €600m
Vehicle was launched in March 2018 with a тЌ700m target and held a first close on тЌ170m
Kirk Kapital invests in Catacap's TPA
Both Catacap and the companyтs management team will remain invested in the business
Ex-ATP investment manager joins Industriens Pension
Appointment becomes effective in June, and he will report to head of private investments
LP Profile: Novo Holdings
Principal investments senior director Samir Kamal discusses Novo's investment plan, direct investments and approach to ESG
Owl Ventures leads $21m series-B for Labster
Balderton Capital, Northzone and Swisscom Ventures also take part in the funding round
Axcel sells Ball Group to Findos, wraps up fund
Sale ends a holding period of around 12 years for Axcel III, which made 11 platform investments
DN leads $10m series-A for Leapwork
Fresh capital will be used to accelerate product development and expand in the US
GRO Capital backs Adform
GRO will partner with existing investor Via Equity and Adform's management team
Axcel acquires European Sperm Bank
Peter Bower, founder and previous majority shareholder of the sperm bank, will retain a stake
Byfounders closes debut fund on €100m
Vehicle was announced in October 2017 and gained the backing of cornerstone investor VУІkstfonden
CatCap launches in Copenhagen with acquisition of DMC
Dansk Merchant Capital will contribute M&A capabilities and experience in raising equity
FSN gets €50m insurance pay-out, sues Procuritas
Consortium of 12 underwriters led by Liberty GTS announced yesterday that it had paid тЌ50m to FSN
Nordic direct lending makes slow but steady progress
Private debt funds have been rapidly expanding their market share in corporate cashflow lending across Europe, but Nordic progress has been slow
Summa-backed Lakers makes four buys
Summa acquired Lakers with equity from the SEK 4.5bn vehicle Summa Equity Fund I in September 2018
Five Arrows-backed Karnov announces intention to float
Karnov generated adjusted EBITA of SEK 262m from sales of SEK 715m in 2018 (36.6% margin)
Atomico leads €30m series-B extension for Peakon
Investment brings the total volume of Peakon's series-B to тЌ48m, following a round in February 2018
Nordic VCs sell Capres to trade
KLA is a Nasdaq-listed semiconductor manufacturer based in California with 10,000 employees
IK launches Copenhagen office
Office will be led by Danish national and partner Thomas Klitbo, who has been with IK since 2007
Nordic Alpha invests in Re-Match
Re-Match is the second investment from the fund, which has a strong focus on value creation