Finland
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
Vaaka buys Foreship
Markus Aarnio, Marcus HУЖglund and Mattias JУЖrgensen 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
Bregal Milestone co-leads €41.5m round for ePassi
Second investment made by the GP in Finland deploying capital from its тЌ400m 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 тЌ51m
Altor buys and merges two tyre distributors
GP drew capital from Altor Equity Fund IV, a тЌ2bn vehicle that closed in 2014
GP Bullhound holds €113m final close for Fund IV
Vehicle will predominantly focus on later-stage rounds for European technology businesses
Nordic PE market attracts foreign GPs despite high pricing
Non-Nordic fund managers put a record amount of capital to work in the region in 2018, on both a relative and absolute basis
Hamilton Lane, Scala Fund Advisory close club fund on $215m
Concept of the vehicle is to allow Finnish institutions to invest in oversubscribed funds
CapMan holds €160m 1st close for 11th fund
With 20 investors already on board, CapMan is aiming to raise тЌ250m at final close
Sponsor Capital sells Plastiroll to trade
Sale ends a seven-year holding for the GP, which made the divestment from Sponsor Capital III
Triton submits bid for Thomas Cook's Nordic business
Group is evaluating the offer for its operations and airline in Norway, Sweden, Finland and Denmark