Norway
Verdane appoints sustainability expert Osmundsen as partner
Erik Osmundsen will be responsible for strengthening Verdane's capabilities in sustainability
Searchlight's Survitec completes refinancing
Ares' ТЃ270m package will be used in part to finance the add-on of IK's Hansen Protection
SoftBank, Prosus lead €223m round for Kolonial
New round reportedly gives the company a post-money valuation of тЌ750m, up significantly from its last valuation of around $178m in 2017
THL, EQT sell stake in AutoStore to Softbank for $2.8bn
THL will continue to be a majority shareholder and EQT, which sold its majority stake to THL in 2019 but retained 10%, will also still be invested
Ferd acquires IT firm Norkart
Mergermarket reported in December 2020 that Norkart was being marketed based on EBITDA of around NOK 83m (тЌ7.8m)
Nordic Capital partly acquires Boost.ai
Shareholders Finstart Nordic and Alliance Venture will continue as investors alongside Nordic Capital
Monterro buys e-health software provider Bliksund
Company is looking to expand in Sweden, Denmark and the UK first, but also further abroad
Longship to buy Norwegian company Gexcon
Purchase price could be around тЌ29.2m, according to a local press report
IK, ICG to acquire minority stake in Norwegian firm Formue
Deal reportedly values the company at тЌ292m
PE-backed NutraQ sold to trade in NOK 3.1bn deal
Based on the company's 2020 EBITDA of NOK 188m, the deal achieved an EBITDA multiple of 16.5x
Equip Capital buys IT consultancy Miles
GP is currently deploying its first fund, which was launched in December 2018 and held a final close last month on its hard-cap of тЌ180m
Inflexion launches €143m take-private bid for Infront
GP said its experience developing data and technology companies, along with an ability to provide access to additional capital, will contribute to the company's future development
Broviken acquires Norwegian HR Prosjekt from Longship
GP will own a 55% stake in the company, while the remaining 45% will be owned by founder Helge Rustand and members of HRP's management
Marlin and Francisco to merge Unifaun and Consignor
GPs will be equal shareholders in the combined business and own a majority stake in the company
Unquote Private Equity Podcast: Nordic 2020 Review
Katharine Hidalgo welcomes Unquote Nordic reporter Eliza Punshi to discuss how dealflow and fundraising prospects are faring as 2021 rolls on
Hg acquires Geomatikk
GP is deploying from its Hg Mercury 2 Fund, which held a final close on ТЃ575m in February 2017
2021 Preview: Nordic region weathers brunt of pandemic
Nordic countries lived up to their reputation as PE stronghold in 2020, with strong H2 recovery and record VC investments in the region
PE-backed Elektroimportøren prices IPO
Company will start trading from 16 December on Euronext Growth Oslo
PE-backed Navico divests C-Map Commercial
Divestment will allow Navico to focus on its core business
Verdane, Canica acquire Porterbuddy
Investment reportedly gives the company a valuation of NOK 200m, up from NOK 120m a year ago
Alder to exit Finnish company Aidon in Q1 2021 – report
GP acquired a majority stake in the company in 2013, alongside 2VK Invest, Tesi and key employees
VC-backed Spacemaker sold to Autodesk for $240m
Deal comes a year and a half after the startup raised a $25m series-A round co-led by Northzone and Atomico in June 2019
Bertel O Steen Kapital buys partial stake in ITVerket
Computer services company expects to generate a turnover of NOK 170m (тЌ15.6m) in 2020
PE-backed Helgstrand Dressage bolts on Kingsland Equestrian
Deal is Helgstrand Dressage's first add-on acquisition under Waterland's ownership