Norway
Herkules spinout Equip prepares fund launch
Former managing partner Sverre Flåskjer is leading the spinout under the name Equip Capital
Private equity tops Nordic LP returns charts
PE outperforms other asset classes in the region, as local LPs continue to increase their allocations to the space
Agilitas-backed Recover Nordic acquires JK Kloakservice
Latest deal is the 15th bolt-on since Agilitas backed Recover Nordic in 2013
Longship-backed Ecura completes two bolt-ons
Deals strengthen Ecura in the Norwegian care market and deepens its footprint in the Oslo region
Summa Equity acquires Lakers
GP's funding will support the company's growth and development in the water infrastructure market
PE-backed Advania acquires Wise
Oslo stock exchange-listed Akva is wholly exiting Wise to Advania in a NOK 80.6m deal
Antin picks up Sølvtrans from Oaktree
With the new funding, Sølvtrans plans on growing its role as live fish operator in the market
Via Equity, PFA acquire 30% stake in Advania
Deal marks the first time Advania has partnered with PFA, an LP in its current fund
Norvestor wholly exits Crayon
GP sells its remaining shares in Crayon Group at NOK 19 apiece, fully exiting the company
Viking Venture takes minority stake in Mercell
According to Norwegian daily Finansavisen, Viking invests between NOK 50-100m
Verdane acquires Zisson and Penetrace
GP acquires shares resulting in around 70% ownership in both Zisson and Penetrace
Abry-backed Vehco acquires Groeneveld ICT
Vehco is part of Abry-backed Swedish communications systems developer AddSecure, trading as MSI Holding
Nordics investors remain active but cautious
H1 buyouts drop in the Nordic region after a busy 2017 as SBOs and trade sales take off
IK-backed TeleComputing acquires Excanto
TeleComputing plans on strengthening its position among Norwegian and Swedish customers
Abry's Link Mobility take-private crosses finish line
Bidder secures acceptance for 97.5% of the shares following the extension of the offer period
Kinnevik invests NOK 300m in Kolonial.no
Firm invests NOK 200m in primary capital and a further NOK 100m in secondary shares
Sponsor Capital acquires Duell Bike Center
Duell's strategic goal is to strengthen relationships with both customers and suppliers
Entry multiples stay frothy in Nordic region
Valuations in the Nordic countries are notably driven by high-multiple deals in the TMT and business services sectors
Abry Partners sells Basefarm to trade
PE-backed Norwegian IT services company Basefarm is acquired by France-based corporate Orange
TA backs Norway-based Compusoft
TA says it expects demand for kitchen and bathroom modelling services to rise across Europe
Adelis acquires Didriksons from Herkules
Deal marks the end of a four-year holding period for Norwegian private equity house Herkules
CapMan sells InfoCare
Transaction ends a 13-year holding period for the Helsinki-headquartered private equity house
Abry in take-private deal for Link Mobility
Proposed transaction values the business at approximately NOK 3.396bn
HitecVision backs merger of Point Resources and Eni Norge
GP will take a 30.4% stake in the combined carbon exploration and production group