Finland
Adelis buys Ropo Capital from Sentica
Ropo’s management team remain in their positions in the business and will retain a stake
Japanese bank partners with BaltCap for €100m fund
BaltCap’s Kiisa will join the NordicNinja fund as managing partner alongside two JBIC executives
Tesi to invest €75m in circular economy initiatives
Tesi’s fund-of-funds programme makes 5-10 investments per year, totalling €100-150m
TCV invests $200m in Relex
First investment from the growth equity investor’s $3bn TCV X fund, after a final close in January
CapMan holds second close for infra fund
Latest close, which took place in December, follows the fund's first close of €115m in October
Sponsor Capital buys Herrmans
Elo Mutual Pension Insurance Company will co-invest in the business alongside the management team
Adelis buys DataCenter Finland
Fourth investment from Adelis's second fund, which held a final close on €600m in June 2017
Mega-funds ignite Nordic nations
Region's PE fund managers raised the highest annual aggregate commitments on record in the first three quarters of the year alone
Accent sells Nordic Traction Group
Sale ends a three-year holding period for Accent, which acquired the firm via Accent Equity 2012
Attracting tech talent top priority for Nordic GPs
Industry players at the Unquote Nordic Private Equity Forum discussed the region's track record and future challenges
Verdane sells Powernet to Efore in deal worth up to €6m
Acquisition is conditional upon Efore receiving sufficient proceeds from its rights offering
Intera invests in Porvoon Huoltomiehet
Finnish property maintenance company will undertake an acquisitive growth strategy
Triton-backed Ramudden buys LKJ-Palvelut
Triton acquired Ramudden in a secondary buyout from IK Investment Partners in December 2017
Finnish foundation seeks alternatives manager
Alternatives portfolio may consist of private equity, private debt, and illiquid real estate investments
Vaaka Partners invests in Nordic Healthcare Group
GP invests via Vaaka Partners Buyout Fund III, which closed on its €225m hard-cap last year
Tesi, Partnera buy Uusioaines
Tesi and the company's managing director, Jussi Parkkali, will both hold minority positions
Adelis-backed Søgemedier buys MarkkinointiAkatemia
Fifth bolt-on the group has made since the acquisition of Søgemedier in February 2018
Tesi et al. in €12m series-A for Dispelix
Previous backers Lifeline Ventures and VTT Ventures also take part in the investment
Naxicap's Technicis Group bolts on AAC Global
Finland-based translation services business AAC is Technicis's fourth bolt on in 2018
PE drives Elo's performance
Finnish occupational pension company has allocated 8.3% of its portfolio to private equity
Nordic software sector lures private equity investors
Deal volume in the software space outstripped the long-term monthly average throughout September as the region's reputation endures
FSN-backed Bygghemma bolts on Edututor
Edututor will continue to operate as an independent entity within the DIY segment in Finland
Lifeline et al. in €5.1m funding round for Synoste
German early-stage investor HTGF, a previous backer of Synoste also participated in the round
Triton, KKR-backed Ambea to acquire Aleris division for SEK 3bn
Care operations of Aleris in Norway, Sweden and Denmark will be acquired by Ambea for SEK 3bn