Norway
Investinor injects NOK 10m in Ping
Investinor has provided NOK 10m as part of a NOK 22m funding round in broadband provider Ping Communications AS.
Investinor leads NOK 40m funding round in Verdande
Investinor has provided NOK 19.7m for Norwegian software provider Verdande Technology AS.
CapMan in second IPO attempt of Cardinal Foods
CapMan has filed for an IPO of the Norwegian white meat and egg supplier Cardinal Foods.
HitecVision portfolio companies form AT Group
HitecVision has merged its portfolio companies Aarbakke, Technor, Valco and Vector to form AT Group (ATG).
HitecVision expands exploration and production team
HitecVision has appointed Harald Vabø and Svein Arild Killingland to join the firm’s exploration and production investment team.
Nordic unquote" August/September 2010
Nordic buyout activity has more than doubled in the second quarter of 2010, according to the unquote” Private Equity Barometer.
Consortium invests in TimeTemp
A consortium led by Investinor has provided NOK 36m for Norway's TimeTemp AS.
Norinnova invests NOK 9.2m in ProBio
Norinnova Forvaltning has made a follow-on investment of NOK 9.2m in Norwegian producer of Omega-3 products ProBio ASA.
Herkules agrees to acquire Intelecom
Herkules has reached an agreement to acquire the Norwegian enterprise communication provider, Intelecom.
HitecVision acquires Tampnet
HitecVision has signed an agreement to acquire Tampnet AS, a subsidiary of Statoil.
Nordic unquote” July 2010
Fundraising has been through a difficult period, with LPs becoming increasingly picky about where they place their capital. However, despite torrid market conditions, the past month has seen the closure of two high-profile funds by GPs in the Nordic region.
Norinnova leads investment in Vivision Roller
Norinnova has invested alongside KapNord Fond and Narvik Kapital in Vivision Roller AS.
Consortium invests in Målselv Utvikling
A consortium consisting of Investinor, Sparebanken Nord-Norge Invest, SIVA, Luma Invest and others, have invested NOK 52m in Målselv Utvikling AS.
Mari Thjømøe to join Argentum’s board of directors
Mari Thjømøe will replace Ada Kjeseth on Argentum’s board of directors, a position Kjeseth has held since 2001.
EQT acquires sports retailer XXL
EQT Partners has acquired a majority stake in sports retail chain XXL Sport & Villmark for an undisclosed sum.
Investinor et al. invest $4.2m in ExproSoft AS
Norwegian private equity funds Investinor and Viking Venture have acquired a 42.3% share of ExproSoft AS.
Sarsia Seed invests in APIM Therapeutics
Sarsia Seed has invested NOK 3.5m in Norwegian drug developer, APIM Therapeutics AS.
Procuritas buys King Oscar
Procuritas Capital has acquired Norwegian canned seafood supplier, King Oscar Brisling Sardines, from Rieber & Søn. No financial details have been disclosed, although the deal is understood to be worth in excess of NOK 255m.
Wirescan raises NOK 25m in latest round
Wirescan AS has received NOK 25m, in a round headed by Siemens Venture Capital and SåkorniVest II AS.
Listed fund-of-funds: Private equity for all
“We wanted to make private equity investing available to a larger audience,” Ole Mikkelsen, CEO of listed Danish fund-of-funds Scandinavian Private Equity A/S (SPEAS) explains.Rikke Eckhoff explores the pros and cons of listed fund-of-funds with the...
Kistefos-backed GIPS receives NOK 421m offer from Google
Media reports suggest that Kistefos-backed technology business Global IP Solutions AB (GIPS), also listed on the Oslo Stock Exchange, has received an offer from Google for NOK 421m.
Viking Venture takes 37.5% stake in Evatic
Viking Venture has acquired 37.5% of the share capital in software business Evatic.
Borea acquires WorkShop
Borea has wholly acquired staffing and temping agency WorkShop Bemanning & Kompetanse, alongside Isoldi and Nycon.