Sweden
Öresund and Creades exit Klarna shares
Investment Öresund and Creades have sold their shares in Swedish online payment company Klarna Holding for SEK 172m.
Industrifonden and Zobito back inRiver
Industrifonden and Zobito have invested SEK 20m in Swedish software company inRiver.
CVC set to buy Campbell Europe
CVC Capital Partners has entered exclusive negotiations with Campbell Soup Company to acquire part of its European activities.
Industrifonden et al. back SEK 10m round for Foap
Industrifonden and Maxwell Ventures have taken part in a SEK 10m funding round for Sweden-based Foap, a mobile photography start-up, alongside a number of private investors including Magnus Wilkne.
Sweden mulls ban on PE ownership of schools
A new legislation proposal will aim to ban private equity firms from owning independent schools in Sweden, according to education minister Jan Björklund.
Swedish courts to rule on internal loan interest rates
The Swedish Supreme Administrative Court, HFD, may give clearance on the investigation into internal loan interest rates this autumn.
From US to Europe: an elusive carried interest definition
Carried interest
Accent Equity acquires Infolog
Accent Equity Partners has acquired Infolog, a division of Swedish business communication group Intellecta.
EQT to sell Swedegas
EQT is planning to sell Swedish gas grid operator Swedegas for an enterprise value in excess of €500m (SEK 4.3bn), according to reports.
VC investors back Magine
A number of Swedish and international investors have closed a series-A funding round of $19m for Magine, a Swedish cloud-based cable operator.
3i loses private equity heads
3i partner and managing director David Whileman has resigned from the listed firm, while Nordic managing director Tomas Ekman is also stepping down.
Ratos's SEK 1.4bn share emission fully subscribed
Ratos's emission of class-C preference shares to increase its share capital has been fully subscribed, generating proceeds of close to SEK 1.4bn in total before issuing costs.
Altor's Elixia merges with Sats and Fresh Fitness
Altor Equity Partners and TryghedsGruppen have agreed to merge Nordic fitness chains Sats, Elixia, Fresh Fitness, Safe and Metropolis.
Greylock Partners et al. invest $15m in Wrapp
Greylock Partners, Atomico, Creandum and other backers have invested $15m in a series-B funding round for mobile gifting service Wrapp.
Nordic Report 2013
Once the darling of European private equity, has the Nordic region lost some of its lustre?
Industrifonden and Innogy invest in Mantex
Industrifonden and Innogy Ventures have invested SEK 30m in Mantex, a moisture measurement technology company.
Creandum et al. back Dexplora
Creandum, DN Capital and 12 angel investors have injected $1.2m into Dexplora, a Swedish app developer.
EQT establishes holding company
EQT has established EQT Holdings AB, under which it will organise its operations, fund administration and investments in general partners.
VC-backed Spotify acquires Tunigo
Creandum-backed Spotify has acquired Stockholm-based digital music business Tunigo from Swedish app developer Snowfish.
Norrlandsfonden backs Presto Marine
Norrlandsfonden has invested in Swedish start-up Presto Marine AB.
EQT’s internetstores acquires Addnature for SEK 230m
EQT-backed internetstores GmbH, an online bicycles and outdoor equipment retailer, has agreed to acquire Swedish online retailer Addnature AB for SEK 230m.
Ratos issues shares to finance acquisitions
Ratos plans on increasing its share capital by up to SEK 2m through a new issue of up to 830,000 class-C preference shares.
Industrifonden et al. back Flexenclosure
Industrifonden, Andra AP-fonden (AP2) and International Finance Corporation (IFC) have invested SEK 160m in Swedish information and communications technology infrastructure provider Flexenclosure.
Nordic Capital and CVC sell Cloetta shares
Nordic Capital and CVC Capital Partners have partially exited Swedish confectionery company Cloetta AB.