Sweden
FSN takes majority stake in Holmbergs Safety System
Firm plans to expand domestically and internationally, primarily in Asia
Altor acquires customer services firm Xzakt Kundrelation
Deal will be the 12th conducted by Altor's тЌ2bn Fund IV and its fourth deal this year
Nordic Capital employees to appeal tax ruling
First step involves seeking leave to appeal the April rulings, which shocked the local industry
CVC acquires Etraveli in €508m EV deal
Transaction made by CVC's sixth fund values the online travel agent at around 14x EBITDA
Sweden-based Adelis raises €600m for second fund
Swedish firm closes its sophomore fund after just three months on the road
Alvarez & Marsal opens Stockholm office, hires three
New recruit Taus Wolfsberg led the Swedish private equity team at KPMG before joining A&M
Accent buys two Swedish flower companies
Accent will take control of the newco using capital from its vehicle Accent Equity 2012
EQT acquires DGC One in SEK 2.3bn take-private
Transaction values shares in the telecommunications and internet service provider at SEK 250 apiece
Orlando closes fourth special situations fund on €320m
Fund will invest in special situations in the DACH region's Mittelstand as well as in the Nordic countries
Accent in SEK 760m Akademibokhandeln exit
Sale of Akademibokhandeln is the second exit for the Accent Equity 2012 fund
Verdane backs market intelligence company Dapresy
Deal comprises both a capital increase and the purchase of a stake from Dapresy backer Almi Invest
Zouk and Hermes in €13m Readly series-B
Reports indicate that Readly had previously raised SEK 20m from Zouk in 2015
Agilitas-backed Recover Nordic bolts on four firms
Recover Nordic expands its presence across the Nordic region with three purchases
Bain's Bravissima fully exits Bravida
Accelerated bookbuilding process saw Bravissima sell its entire 15.48% remaining stake
FSN's Instalco to float with SEK 2.5bn market cap
At completion of the overallotment option, the GP will retain a 19.6% stake in the business
Verdane's Uppländska in Bellmans bolt-on
New company is plans to grow with further bolt-ons, as well as organically
Swedish PE industry reeling from carry tax verdict
Latest twist in the long-running carried interest taxation saga in Sweden could leave the local industry facing months of uncertainty
Adelis Equity Partners takes majority stake in Knightec
Launched in 2012 in Stockholm, Adelis is currently investing from its тЌ410m maiden fund
CapMan appoints Frimodig as deputy CEO
Frimodig will initially take on the role of interim CEO until the appointment of a full-time replacement
Summa Equity invests SEK 100m in Pagero
Fresh capital will be used for R&D, expansion into new markets and expanding the workforce
Procuritas holds €318m final close for sixth fund
Vehicle is domiciled in Sweden and follows the same investment strategy as its predecessors
BC Partners makes full exit from Com Hem in SEK 3.7bn sale
Sale was agreed at a price of SEK 110 per share and will be a final exit for BC Partners
Nordic Capital-backed Munters to list with SEK 10.1bn market cap
Partial divestment of climate control group comes six and a half years after the GP's acquisition
Milestone Partners exits Quintus Technologies in $115m trade sale
The acquirer is Tokyo-based industrial group Kobe Steel, which will operate Quintus as a subsidiary