Norway
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.
HitecVision and Converto Capital sell Naxys to GE
HitecVision and Converto Capital Management have exited oil and gas equipment company Naxys to a subsidiary of American NYSE-listed General Electric.
Investinor sells Metallkraft stake to co-investor Capricorn
Investinor has sold its entire shareholding in Norwegian renewable energy equipment business Metallkraft to existing co-investor Capricorn Venture Partners.
H2 picks up paper businesses from Norske Skog
H2 Equity Partners has acquired Netherlands-based paper mill Parenco and recovered paper business Reparco from Norwegian paper producer Norske Skog.
Nordics' role in European PE strengthens in H2 2011
The Nordics saw a strong first half of 2012, driven by a few large deals, pushing aggregate value from €3.4bn in H2 2011 to €5bn, showing the region's resilience to the eurozone crisis and its economic strength.
Altor reaps 6x on Helly Hansen
Altor Equity Partners has sold a majority stake in Norwegian clothing retailer Helly Hansen to the Ontario Teachers' Pension Plan (OTPP), keeping a 25% shareholding.
Norvestor acquires Abax
Norvestor Equity has bought Norwegian electronic trip logs provider Abax in a management buyout.
Fundraising a chief concern for Nordic PE professionals
While the AIFM Directive was on everybody's agenda last year, fundraising is the main concern for most of the private equity practitioners polled in the latest unquote" Nordic Survey.
Nordic Survey 2012
The second edition of unquote's Nordic Survey, published in association with Delphi, paints a picture of optimism among local private equity professionals.
Nordic market bolstered by strong exits
The majority of Nordic private equity practitioners surveyed by unquote" in association with Delphi predict returns of more than 15% for upcoming investments.
Nordic unquote" June 2012
As previously reported last month, ratings agency Moody’s has downgraded Swedish banks Nordea and Svenska Handelsbanken to Aa3, and Norwegian DNB Bank to A1 – all by one notch, with a stable outlook.
Northzone invests $3m in Soundrop
Northzone has invested $3m in Norwegian music discovery and sharing service Soundrop.
Polaris-backed Skånska Byggvaror acquires Grønt Fokus
Polaris Private Equity portfolio company Skånska Byggvaror has acquired Norwegian furnishings business Grønt Fokus.
Macro challenges make manager selection crucial
The Nordic region has enjoyed a boon of LP interest in recent years, but global economic woes will make outperformance harder. Kimberly Romaine reports from Stockholm
Scandinavian banks downgraded by Moody's
Moody's has downgraded some of the most popular private equity debt providers in Scandinavia.
Viking Venture exits myVR
Viking Venture has exited Norwegian software company myVR to Swedish trade player Hexagon.
Tax authority demands Nordic Capital execs repay SEK 412m
Nordic Capital executives have been ordered to repay SEK 412m in carried interest tax, after the Swedish tax authority reached a final verdict in a lengthy investigation.
Norway joins carried interest tax push
The Norwegian tax authority will classify carried interest as standard income, putting a few hundred million NOK of carried interest at risk.
Nordic unquote" May 2012
Despite reputational, regulatory, and macroeconomic concerns lingering from the second half of 2011, the Nordic private equity market has experienced its strongest first quarter since Lehman Brothers collapsed and brought the global economy to its knees.
Nordics see strongest first quarter since Lehman
Despite reputational, regulatory, and macroeconomic concerns lingering from the second half of 2011, the Nordics has experienced its strongest first quarter since Lehman Brothers collapsed and brought the global economy to its knees.
Reiten & Co exits Ellipse Klinikken
Reiten & Co Capital Partners has exited cosmetic treatments provider Ellipse Klinikken to Swedish private clinic chain Akademikliniken.
Nordics seen as investment safe haven
The €1.8bn sale of Ahlsell to CVC Capital Partners in February drew renewed attention to the thriving Nordic buyout market.
Nordic sentiment: have your say
The Nordic private equity market has hit a few bumps in its road to recovery, with taxation issues overshadowing the region’s otherwise impressive growth.