Finland
EQT to float Musti
Musti generated EBITDA of €34.3m from revenues of €246.6m for the year ending in September 2019
Providence buys Smartly.io majority stake
GP invests €200m for a majority stake in the Helsinki-based digital advertising platform
LP Profile: EQ Asset Management
Head of private equity Staffan Jåfs discusses the organisation's views on PE opportunities and its fundraising plans
EQ targets first close for two PE funds by January 2020
One fund-of-funds will focus on European primaries, and the other on the secondaries market
Norvestor exits Johnson Metall Finland
Sale ends a 12-year holding period for the GP, which bought the company via its Norvestor IV fund
Adcuram-backed Vitrulan acquires Ahlstrom-Munksjö business
Vitrulan has acquired the business for its broader product range and to expand internationally
CapMan exits Finland-listed Harvia
Shares are sold by shares were held by CapMan Buyout X Fund A and CapMan Buyout X Fund B
NordicNinja, Industrifonden in €3.9m series-A for Combinostics
Funding will be used to scale the company's platform for the US and Asia markets
DevCo Partners raises €180m for next platform deal
Firm launched its latest vehicle before the summer and sought to attract a broader base of investors
Denso et al. in €15m round for Canatu
New investor 3M Ventures and existing investor Faurecia also participate in the round
"Pass-the-parcel" deals surge in Nordic region as PE matures
At nearly a third of all buyouts, the proportion of SBOs is now higher in the Nordic region than it is across Europe as a whole
Verdane buys CAP-Group
All the entrepreneur shareholders will stay on as minority owners in the business
Nordic Capital acquires iLoq from Sievi Capital for €190m
GP invests via its Nordic Capital Fund IX, which held a final close on €4.3bn in May 2018
Vaaka buys Foreship
Markus Aarnio, Marcus Höglund and Mattias Jörgensen will retain their positions in Foreship
Livonia-backed Thermory buys Siparila
Latvian private equity firm Livonia backed the bolt-on via its first fund, Livonia Partners Fund I
Saari buys Bo LKV
All four of the founders have retained a minority stake in the business alongside the GP
BaltCap holds first close on €126m for BPEF III
BaltCap registered the fund in March 2019 and is targeting €200m for the vehicle
Bregal Milestone co-leads €41.5m round for ePassi
Second investment made by the GP in Finland deploying capital from its €400m fund
H1 Review: Nordic pricing frothy as cross-border capital pours in
Nordic region retained its position as the most expensive place in Europe for private equity firms to buy companies in Q2 2019
VCs sell Bitbar to trade
PE-backed SmartBear bolts on Finland-based Bitbar, a mobile app test automation company
Sunstone backs Forendo Pharma
Fresh capital will be used to advance its endometriosis programme into the next phase
VC firms invest €11.5m in IQM
Maki.vc, MIG Funds, OpenOcean, Tesi and Vito Ventures all take part in the financing
CapMan invests in Picosun
Finnish state-backed industrial investment fund Tesi also takes part in the round
Certior holds €100m close for credit fund-of-funds
Fund was originally registered in Luxembourg in June 2018 and held a first close on €51m