Norway
Norvestor hires partner
Norvestor has appointed Per-Ola Baalerud as a new partner, joining the firm on 1 March.
Public scrutiny bolsters appeal of onshore funds in the Nordics
Nordic onshore funds
BerGenBio secures further NOK 75m
Norwegian oncology biopharma BerGenBio has raised a further NOK 75m (approximately $12.5m) from a syndicate of new and existing investors.
HitecVision acquires Reef Subsea
HitecVision has acquired the remaining shares in Reef Subsea, a Bergen-based subsea services company.
VC-backed Ziebel raises $10m
Corporate venture funds ConocoPhillips Technology Ventures and Chevron Technology Ventures have led a $10m round for Ziebel, a Norwegian oil services company.
Sintef launches fourth seed fund
Trondheim-based Sintef has launched Sintef Venture IV, a NOK 209m seed fund aimed at technology-driven SMEs.
CapMan acquires The North Alliance
CapMan has agreed to invest in The North Alliance (NOA), a network of seven communication, design and technology companies in the Nordic region.
Credo Partners partially exits Lönne Holding
Credo Partners has sold LУЖnne Holding to Brammer, while simultaneously acquiring the group's subsidiary LУЖnne Service.
Capvest buys Scandza
Capvest Equity Partners has completed the management buyout of Nordic food and beverage business Scandza.
FSN Capital sells Norman Shark
FSN Capital has divested Norman Shark, the malware analysis solutions division of its portfolio company Norman, to Blue Coat Systems.
Via Venture Partners exits ePocket
Via Venture Partners has sold mobile software developer ePocket Solutions to Norway-based Guard Systems.
Ratos in NOK 345m SB Seating dividend recap
Ratos has refinanced its portfolio company, SB Seating т an Oslo-based office furniture producer т to the tune of NOK 345m.
HitecVision sells Stream for $260m
HitecVision and Converto Capital have agreed to sell Stream, a Norwegian oil & gas services company, to MRC Global.
Segulah acquires Øglænd Industrier for near NOK 1bn
Segulah has agreed to acquire УglУІnd Industrier, a Norwegian provider of support solutions for the oil & gas industry, for close to NOK 1bn.
EQT buys Aker's well intervention services business
EQT has acquired the well intervention services business of listed international oil service group Aker Solutions for NOK 4bn.
Adelis closes fund and acquires Logent
Adelis has agreed to acquire Logent, a Nordic logistics services provider, alongside the companyтs existing management shortly after closing its maiden fund on тЌ420m.
Nord II's Rapp Marine adds on Statech
Nord Kapitalforvaltningтs portfolio company Rapp Marine has wholly acquired Statech, a Norwegian design and engineering company for the oil and gas industry.
Bain, BC Partners et al. mull bid for Stokke
Bain Capital, BC Partners, Lion Capital and others are understood to be bidding for Stokke, a Norwegian manufacturer of children's furniture and accessories.
FSN approaches €600m close
Oslo-based FSN Capital is nearing a final close for its Fund IV at its тЌ600m hard-cap, according to reports.
Northzone and Investinor in $3.4m round for Soundrop
Northzone and Investinor have injected $3.4m (NOK 20m) into Soundrop, a Norwegian social music discovery platform.
Credo offloads Fora Form for NOK 67m
Credo Capital Partners has sold Norwegian furniture manufacturer Fora Form to Swedish interior design firm Lammhults Design Group for NOK 67m.
Industrifonden invests SEK 35m in Smartfish
Industrifonden has acquired a 25% stake in Norwegian clinical nutrition company Smartfish for SEK 35m.
SAEV backs InflowControl
Saudi Aramco Energy Ventures (SAEV) has backed InflowControl, a Norway-based provider of inflow control device (ICD) technology designed to increase the recovery and production from oil and gas fields.
Verdane sells SmartMotor to Rolls-Royce
Verdane Capital has sold Norwegian technology company SmartMotor to Rolls-Royce Marine, divesting the asset from Verdane Capital V.

