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Norway

Healthcare software
Verdane invests in Conscriptor and Max Manus

GP will merge the two companies to form a new healthcare technology group in Scandinavia

  • Buyouts
  • 23 April 2020
Call centres
Marlin Equity-backed Puzzel acquires U-WFM

Deal allows Puzzel to speed up expansion into the UK market

  • Portfolio management
  • 17 April 2020
Danish fundraises and launches
Axcel holds first close for sixth flagship fund

GP's sixth fund has already raised 77% of the amount raised by its predecessor

  • Funds
  • 15 April 2020
Payroll software
Axcel acquires Norwegian company SuperOffice

Deal is the GP's first investment from Axcel VI, which was launched in December 2019

  • Buyouts
  • 14 April 2020
Digital signature
Nordic Capital-backed Signicat acquires Connectis

Deal comes a year after Nordic Capital acquired Signicat from Viking Ventures

  • Portfolio management
  • 03 April 2020
Document scanning for engineers and logistics managers
VC-backed Mercell acquires Aksess Innkjøp in Norway

Viking Venture acquired a minority stake in the business in 2018

  • Portfolio management
  • 24 March 2020
Housing construction
Francisco Partners-backed EG acquires Holte

Deal comes nearly a year after Francisco Partners acquired a majority stake in EG from Axcel Management

  • Portfolio management
  • 19 March 2020
Volume of tech buyouts by region
Technology buyouts stall in Nordic region

Technology buyouts have hovered around the 30-per-year mark for three years running now, suggesting a plateau has been reached

  • Nordics
  • 19 March 2020
Chemical companies
Summa and Goldman Sachs invest in EcoOnline

Summa Equity partner Christian Melby will retain his position on the board of EcoOnline

  • Exits
  • 26 February 2020
Banks and comsumer finance
KKR invests in Oslo-listed Avida Finans

GP buys 9,090,909 shares for NOK 300m and intends to launch a conditional offer for all Avida shares

  • PIPEs
  • 21 February 2020
Data compression and transmission technology
Verdane buys Confirmit, merges company with Dapresy

GP co-invests with VC Zobito and will combine the business with Verdane IX portfolio company Dapresy

  • Portfolio management
  • 20 February 2020
Oil rig workers
EV Private Equity et al. exit Halfwave to trade

Sale ends an eight-year holding period for EV Private Equity, which bought a 56% stake in the company

  • Exits
  • 19 February 2020
Fundraising in euros
Equip Capital I eyes €150m final close, inks sixth deal

Fund invests in Nordic companies operating in the consumer, industrial and business services sectors

  • Funds
  • 21 January 2020
Tankers and freighters
Verdane invests in Danelec Marine

Danelec Marine was expected to reach an enterprise value of DKK 300m (€40m) prior to the deal

  • Buyouts
  • 20 January 2020
Physiotherapy rehabilitation clinics
Litorina acquires therapy clinic KFA

KFA's management and therapists have retained significant stakes in the business

  • Buyouts
  • 17 January 2020
Dental clinics
Bridgepoint invests in Oris Dental

Based in Trondheim and founded in 2016, Oris operates 25 dental clinics and four dental laboratories

  • Buyouts
  • 20 December 2019
Fire damage and housing repairs
Agilitas sells Recover Nordic to EQT

EQT deploys capital from its EQT VIII fund, which hit its €10.75bn hard-cap in 2018

  • Exits
  • 10 December 2019
School computer systems and services
EQT exits ITS Learning to trade

Sale ends a six-year holding period for EQT, which bought the company via EQT Expansion Capital II

  • Exits
  • 06 December 2019
Oil rig workers
EV Private Equity-backed EWT acquires IKM

EV Private Equity is currently investing from Energy Ventures IV, which closed on €247m in 2011

  • Expansion
  • 27 November 2019
Oil and gas operations and services
Norvestor sells Cegal to DWS-, Argentum-led consortium

Transaction is made via a special purpose vehicle, Norvestor SPV I, which will own 75-80% in the company

  • Buyouts
  • 27 November 2019
Legal spend management and matter management platform
FSN acquires majority stakes in Fellowmind, eCraft, Orango

Transaction aims to drive consolidation in the business software provider market

  • Buyouts
  • 05 November 2019
SBOs as a percentage of Nordic buyouts
"Pass-the-parcel" deals surge in Nordic region as PE matures

At nearly a third of all buyouts, the proportion of SBOs is now higher in the Nordic region than it is across Europe as a whole

  • Investments
  • 05 November 2019
Books and literature
Spark Capital invests $15m in tablet startup Remarkable

Company plans to use the fresh capital to scale up its team and invest in product development

  • Expansion
  • 09 October 2019
Fundraising in euros
BaltCap holds first close on €126m for BPEF III

BaltCap registered the fund in March 2019 and is targeting €200m for the vehicle

  • Funds
  • 03 October 2019
4 5 6
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