Sweden
True Ventures leads $3m round for Narrative
True Ventures has led a $3m funding round for Swedish firm Narrative (formerly Memoto), a developer of micro-camera software and hardware.
Investinor, Industrifonden invest SEK 96m in Pharmalink
Pharmalink has received SEK 96m in a series-C financing round co-led by existing investor Industrifonden and new backer Investinor.
Investor CEO Börje Ekholm to step down
Listed Swedish investment firm Investor's CEO, Börje Ekholm, is understood to be stepping down while the GP begins searching for his replacement, according to local media reports.
EQT mulling Sanitec IPO
EQT is reportedly mulling a listing on the Stockholm Stock Exchange for Sanitec, a Nordic bath and toilet maker.
Arle's Hilding Anders in €800m refinancing
Arle Capital Partners has refinanced portfolio company Hilding Anders International (HAI), a Swedish mattress manufacturer, to the tune of €800m.
BDC buys KHG from Procuritas
Bridgepoint Development Capital (BDC) has agreed to acquire a majority stake in Swedish customs services provider KHG Customs from Procuritas.
Q&A: Altor's Krusell on Sweden's carried interest tax debate
Q&A: Altor's Krusell
Litorina exits Ateljé Margaretha
Litorina has sold Swedish distance retail company Ateljé Margaretha to its management and private co-investors.
Altor receives SEK 500m tax bill
Partners at Altor will receive an additional tax bill of SEK 500m for the 2008 income year, according to local media reports.
Scope invests SEK 30m in Klättermusen
Swedish private equity firm Scope has acquired a majority stake in Åre-based outdoor sports equipment and apparel company Klättermusen for SEK 30m.
VC-backed Sol Voltaics raises $9.4m
Sweden-based Sol Voltaics has raised a further $9.4m from Norwegian investment company Umoe and a private investor.
Industrifonden invests SEK 35m in Smartfish
Industrifonden has acquired a 25% stake in Norwegian clinical nutrition company Smartfish for SEK 35m.
Accent sets sight on Candyking IPO
Accent Equity Partners is to pursue a flotation of confectionery retailer Candyking, according to reports.
Verdane et al. exit Compricer.se to Schibsted
Verdane Capital, founder Jacob Tolleryd and private investors have sold Swedish price comparison website Compricer.se to Schibsted Media Group.
Carlyle acquires BTI from Valedo Partners
The Carlyle Group has acquired Swedish subtitling company Broadcast Text International (BTI) from Valedo Partners.
Earlybird et al. back Jumpstarter with $1.7m
Earlybird Venture Capital, Paua Ventures and Martin Sinner have provided $1.7m in funding for Jumpstarter, a Stockholm-based productivity tool for developers.
Verdane acquires four companies from eEquity for SEK 150m
Norwegian secondaries direct investor Verdane Capital has acquired a 15-30% stake in four Scandinavian e-commerce companies held by Swedish investor eEquity.
Adelis Equity hits first close for maiden fund
Stockholm-based Adelis Equity Partners’ maiden fund has hit a first close at €230m following less than six months of fundraising, according to sources close to the situation.
EQT promotes Blecher and de Muynck
Lennart Blecher, EQT
Alder backs Powerbox
Alder has invested in Sweden-based Powerbox International, a manufacturer and distributor of power converters and associated products.
EQT to appeal tax decision
As expected, EQT Partners will appeal the Swedish tax authority's decision to tax carried interest as income, presenting some of the firm's staff with a SEK 670m tax bill.
EQT loses battle in income tax war
EQT and a number of its employees will receive a tax bill of SEK 670m, according to Swedish newspaper Dagens Industri.
Ratos reports SEK 820m net profit for H1
Listed private equity firm Ratos made an SEK 820m profit before tax for the first half of 2013, compared with an SEK 16m loss in H1 2012.