Sweden
Five Arrows-backed Karnov prices SEK 4.2bn IPO
AP6, Lazard and Vind have committed to acquiring shares worth up to SEK 607m in the offering
Nordic direct lending makes slow but steady progress
Private debt funds have been rapidly expanding their market share in corporate cashflow lending across Europe, but Nordic progress has been slow
Summa-backed Lakers makes four buys
Summa acquired Lakers with equity from the SEK 4.5bn vehicle Summa Equity Fund I in September 2018
Hannes Snellman hires Kanter's Klang
Klang will be responsible for developing the firm's Nordic M&A platform and private equity practice
EQT closes in on IPO – report
Swedish publication Affarsvarlden reports that the firm is in discussions with investors
AP6 invests in Accent's Hoist
Accent retains the majority and the company's founder, Malcolm Lindblom, will keep his share
KKR sells Q-Park's Nordic division
KKR Infrastructure wholly acquired Q-Park in 2017 in a deal that valued the assets at тЌ2.95bn
Summa buys Olink Proteomics
Management team led by Ulf Landgren will remain as minority shareholders after the deal
Nordic GPs set their sights on the DACH region
Nordic buyout houses are increasing their presence in the region, both in terms of deal activity and boots on the ground
Volpi hires Arma's Berggren
Berggren will source and execute deals across Europe, with a focus on the Nordic region
AP1 to commit $500m to PE in 2019
Of the $500m, approximately 30% will be invested in Europe, 60% in the US, and 10% in emerging markets
Project A, Creandum add $30m to funding round for Voi
Existing investors include Vostok New Ventures, Balderton Capital and LocalGlobe
Segulah sells CCS to trade
Segulah supported several bolt-on acquisitions and also made partial divestments
CVC reacquires Ahlsell in SEK 31bn take-private deal
Follows a cash offer of SEK 55 per share for the business that CVC made on 11 December
Nordic giants drive region's aggregate value jump
Aggregate value of buyouts in the Nordic countries jumped to тЌ25.7bn in 2018, a 66% increase on 2017
Summa closes second fund on SEK 6.5bn
GP has already drawn capital from the new vehicle to acquire building technology firm Infobric
Oxx leads $8m round for Funnel
Existing investors Balderton Capital, Industrifonden and Zobito also take part in the financing
Standout Capital backs VisBook
GP invests via its Standout Capital I fund, which held a final close on SEK 1bn in August 2017
Kinnevik invests SEK 900m in MatHem
Investment comprised SEK 400m of primary capital and a SEK 500m secondary share purchases
US healthcare funds buy Moberg Pharma's OTC business for $155m
Purchase price represents a 14.1x entry multiple for the investors and is 3.3x the groupтs revenues
Summa buys Infobric
Management team is reinvesting for a minority stake in the business alongside Summa
Altor launches DACH office
Altor recently held the final close of its Altor Fund V on its hard-cap of €2.5bn
Insight leads €56m round for Tink
Company aims to be in 20 European markets by the end of 2019, up from nine currently
KKR backs Söderberg & Partners in $1bn deal
Buyout is being structured with a low level of leverage due to the preference of the family owners