Norway
Nordic unquote" December 2012/January 2013
The Nordic private equity market т at one point seemingly impervious to the economic turmoil facing the rest of the world т has had a tough year.
Ratos in partial exit from Bisnode
Swedish business information firm Bisnode, a portfolio company of Ratos, has divested Baby DM Scandinavia.
ICG invests in Viking
Intermediate Capital Group has made a minority investment in Norwegian roadside assistance provider Viking Redningstjeneste.
HitecVision sells Spring Energy Norway to Tullow Oil
HitecVision has sold its 87.6% stake in Spring Energy Norway to London-based exploration company Tullow Oil for approximately $326m.
Verdane exits TeamTec to IMS
Verdane Capital has reaped a 4x multiple on the sale of its entire stake in Norwegian shipping company TeamTec Invest to local steel manufacturer Industri & Montasjeservice AS (IMS).
Reiten exits Basefarm to ABRY
Nordic private equity firm Reiten & Co has sold Norwegian IT company Basefarm to US-based ABRY Partners.
Nordic PE investment fell in Q3
Private equity funds invested around тЌ1.1bn in the Nordics in the third quarter, тЌ750m less than in Q2, according to the Argentum Q3 2012 Report. The figures paint Q3 as the trough for the region this year.
Herkules Capital's Pronova BioPharma receives takeover bid
Herkules Capital's Norwegian portfolio company Pronova BioPharma has received a voluntary cash offer from German chemicals company BASF SE.
HitecVision hires senior partner
Norwegian GP HitecVision has hired Alf Thorkildsen as senior partner.
Are infrastructure deals the key to the Nordic market?
In the quest for high-quality deals that are convincing enough for banks to back and make investors excited about the coming fundraising round, Nordic players have looked towards infrastructure.
Northzone et al. exit T-Vips
Northzone and Incitia Ventures have exited their stake in Norwegian broadcast technology company T-Vips.
Sweden continues to lead Nordics
Sweden outpaced its Scandinavian neighbours in the 12 months leading up to November. A SVCA study shows that industry optimism returned just in time for year-end.
Nordic unquote" November 2012
In the quest for high-quality deals that are convincing enough for banks to back and make investors excited about the coming fundraising round, Nordic players have looked towards infrastructure.
Incitia sell T-VIPS stake in merger with Nevion
Incitia Ventures has sold its 26% share of Norwegian video transport company T-VIPS through merging the business with Herkules Capital portfolio company Nevion.
KKR and Permira to sell Nordic business for up to €1.5bn
Two private equity firms and a trade player are in talks with German PE-backed broadcaster ProSiebenSat.1 Media regarding the acquisition of its Nordic unit т a deal that could fetch up to тЌ1.5bn, according to reports.
TeleVenture et al. invest in APIM Therapeutics
TeleVenture, Sarsia Seed, Birk Venture and Ro Invest are said to have invested in Norwegian preclinical biotech company APIM Therapeutics.
Nordic unquote" October 2012
While new deals in the Nordic region have been hard to come by, even after the end of the summer period, exit activity has picked up the pace.
EQT buys offshore communication platform for NOK 1.5bn
EQT has acquired offshore communication operator Tampnet from Hitecvision for NOK 1.5bn.
Electranova Capital completes first two deals
Electranova Capital, EDF's cleantech investment fund, has completed investments in French electricity management company Actility and Norwegian wind power business Seatower.
GMT buys Seagull AS
GMT Communications Partners has acquired Seagull AS, a Norwegian provider of training systems for seafarers, in a management buyout.
Nordic unquote" September 2012
The Nordic region has performed relatively better this half than the previous one, according to fresh figures from unquoteт data.
Nordic unquote" July/August 2012
The Nordic region has performed relatively better this half than the previous one, according to fresh figures from unquoteт data.
Palamon sells Espresso House for 3.4x money
Palamon Capital Partners has sold Swedish coffee chain Espresso House to Herkules Capital, generating a 3.4x multiple.
Foreign GPs boost Nordic buyout figures
Two months into the second half of 2012 and buyout statistics for the Nordics send out mixed signals.