News/Nordics
SWEDEN - Vin & Sprit negotiation enters silent period
Four corporations and private equity firms remain in the final stages of the fight for Vin & Sprit. EQT and Investor AB have joined forces to make a bid for the spirit giant together.
DENMARK - Montagu-backed Unifeeder divests freight division
Montagu Private Equity’s portfolio company, Unifeeder, has sold its freight forwarding division to Blue Water Shipping, a Danish freight solutions company, for an undisclosed value.
SWEDEN - Procuritas acquires Olivia Group
Procuritas has acquired the majority of the shares in Olivia Group, a company that specialises in personal assistance for functional impaired individuals and elderly care services, for an undisclosed value. The management and its founder, Karsten Inde,...
FINLAND - Nexit Ventures holds first close on EUR 50m
Nexit Ventures has held a first close of its new wireless and mobile opportunities fund, Nexit Infocom II L.P, on EUR 50m. The vehicle is aiming to attract total commitments of EUR 100m+.
FINLAND - Ratos-backed Medifiq Healthcare makes SEK 610m acquisition
Ratos-owned Medifiq Healthcare has wholly acquired Medisize Medical, a Swiss manufacturer of medical devices and pharmaceutical packaging, which is part of the listed group Medisize Holding for an enterprise value of SEK 610m.
NORWAY - Reiten-backed NEAS enters agreement with Norwegian Property
Reiten & Co-backed NEAS, a Norwegian facility management company, has entered into an agreement with Norwegian Property to manage all its commercial properties, which are mainly based in Oslo and Stavanger.
DENMARK - AAC Capital and Polaris in BabySam MBO
AAC Capital Partners and Polaris Private Equity agreed to acquire a majority stake in BabySam as part of an management buyout of the business for an undisclosed value.
NORWAY - HitecVision V closes on $800m hardcap
HitecVision has received commitments of $800m for HitecVision V L.P, closing on its hardcap. The fund far exceeded its $600m target and was significantly oversubscribed. The vehicle has a 10+1+1 lifespan with a 5 year investment period.
SWEDEN – Industrifonden injects SEK4m in Quickomat
Industrifonden has invested SEK 4m in Quickomat AB, a Linköping-based company that develops and sells self-service machines for bus fares, trains fares and pay-as-you-go mobile phones amongst others.
NORWAY – Viking Venture III closed on NOK 500m
Viking Venture III has closed on NOK 505m. Investors in the fund include, Argentum, Formuesforvaltning, Gjensidige Forsikring, Jebsen Asset Management and DnB Nor.
NORWAY – Borea invests in Ocea
Borea Opportunity II AS has invested in Ocea Holding AS, a supplier of technology to the fish farming and aquaculture industry.
NORWAY – Altor to delist AGR Group
According to Norwegian press, Altor is set to make a bid to re-acquire Norwegian-listed oil services company, AGR Group, after its share price plummeted from NOK 47 in 2006 to NOK 28.10 today.
EUROPE - New fund Vitruvian closes on EUR 925m
New middle-market private equity firm, Vitruvian Partners, has closed its maiden fund, Vitruvian Investment Partnership (VIP), on EUR 925m, exceeding its EUR 900m target.
FINLAND – Martin Grotenfelt to become partner at Intera Equity Partners
Martin Grotenfelt has join Intera Equity Partners as a partner. He joins the firm from Altor Equity Partners where he has worked on deals including Dynapac, PaloDEx and PIAB. Prior to joining Altor in 2003, he worked at the Boston Consulting Group in...
SWEDEN - Northzone Ventures and Skirner buy Nordstjernan's stake in Climatewell
Skirner and Northzone Ventures have agreed to takeover Nordstjernan’s stake in Climatewell, a Swedish cleantech compnay, for SEK 100m.
SWEDEN - Investor Growth Capital invests EUR 5m in Keybroker
Investor Growth Capital, the venture capital arm of Investor AB, has injected EUR 5m in Keybroker, a Swedish search marketing company.