Finland
Altor buys and merges two tyre distributors
GP drew capital from Altor Equity Fund IV, a €2bn 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 €250m at final close
Nordstjernan sells Salcomp
Sale ends a holding period of 12 years for Nordstjernan and six years for minority investor AP6
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
VC firms back €12m series-A for Kodit.io
Firm has recently launched in Madrid and plans to expand to Paris, Barcelona and Warsaw this year
DevCo hires Intera's Laakso
Laakso will be responsible for sourcing and executing new investments in Nordic companies
CapMan sells Komas to trade
Capman was compensated with 60 million new shares, which equates to approximately €6.6m
VC firms back €14.4m series-B for Wirepas
London-based ETF Partners and Dutch investor KPN Ventures take part in the round
Agilitas-backed Recover Nordic buys L&T Korjausrakentaminen
Division employs 350 people and will now operate under the name Recover Nordic Korjausrakentaminen Oy
Standout invests in X-akseli
GP invests from its SEK 1bn buyout fund Standout Capital I, which was 35% invested by November
Voima raises €40m for deep-tech startup fund
Fund is targeting €50m and will make 25-30 investments in seed, pre-seed, series-A and series-B rounds
Intera sells Trafotek to trade for €28m
Sale ends a nine-year holding for Intera, which made the investment from the €125m Intera Fund I
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
KKR sells Q-Park's Nordic division
KKR Infrastructure wholly acquired Q-Park in 2017 in a deal that valued the assets at €2.95bn
Providence buys OpusCapita
Posti hired AGC Partners to explore the sale of the digital payment subsidiary in January
Nordic GPs set their sights on the DACH region
Nordic buyout houses are increasing their presence in the region, both in terms of deal activity and boots on the ground
PE leads performance table for Finnish state pension fund
Private equity funds delivered the best returns for VER compared with other investments in 2018
CapMan sells down Harvia stake
CapMan acquired a majority stake in Harvia in 2014, listed it last year
Nordic giants drive region's aggregate value jump
Aggregate value of buyouts in the Nordic countries jumped to €25.7bn in 2018, a 66% increase on 2017