News/Nordics
DENMARK - Via Venture Partners acquires Detail Data Danmark
Via Venture Partners has completed the BIMBO of Danish software company, Detail Data Danmark A/S. The Detail Data management team have invested in the deal alongside new CEO Peder Falck.
DENMARK - Santaris Pharma secures EUR 20.4m series-C round
Gilde Healthcare Partners has joined existing shareholders, the board of directors and management in a EUR 20.4m series-C round of funding for Santaris Pharma, a Danish pharmaceutical company. New investor Gilde contributed EUR 7.5m while the remaining...
DENMARK - Via Venture partners leads EUR 5m round for Zoomio
Via Venture Partners has led a EUR 5m funding round for Zoomio, a Danish multi-channel marketing software company. The financial injection will finance international expansion and strengthen the software development team.
NORWAY - Verdane reaps returns of 15x from Aqua Gen exit
Verdane Capital, together with Norwegian Seafood Federation (FHL), Biomar AS and Eidsfjord Sjøfarm AS, has sold 50.2% of Aqua Gen, the Trondheim-based salmon breeding company. The company has been acquired by Erich Wesjohann Group GmbH, a German poultry...
FINLAND - CapMan floats Savcor
Savcor Group Ltd, a business supported by mezzanine supplied by a CapMan-managed fund, has floated on the Australian Stock Exchange. The issue of 39% of the shares raised approximately AUS $111m for the Finland-based surface coating and protection technology...
SWEDEN - SVCA reports strong activity despite credit squeeze in Q3 of 2007
Q3 analysis recently released by SVCA, the Swedish private equity & venture capital association, reports that the Swedish market remains active despite the global credit squeeze. In the third quarter of 2007, there were 162 investments in companies, representing...
DENMARK - Ferd potfolio company makes acquisition
European Furniture Group (EFG), backed by Ferd Private Equity, has acquired 100% of the shares in Danish Bondo Kontormøbler A/S from the Garnell Family which has owned the company since 1984.
DENMARK - Sofinnova and Gilde invest EUR 17.6m in Ascendis
Ascendis Pharma, a Copenhagen based pharmaceutical company, has attracted a EUR 17.6m series-A financing round. The investment round was co-led by Sofinnova Partners and Gilde Healthcare Partners. Zweite TechnoStart Ventures Fonds GmbH & Co KG also participated...
FINLAND - Creandum joins existing investors in Aito Technologies
Creandum has participated in a series-A funding round for Aito Technologies, a Finnish software company. Creandum joins Conor Venture Partners to support the business’ market expansion.
SWEDEN - Segulah acquires natural snack business Nilssons Gott
Segulah III L.P has acquired Nilssons Gott AB, a Swedish producer of natural snacks for an undisclosed sum. The founder, Rolf E. Nilsson, will retain a 20% shareholding in the business.
DENMARK - Montagu sells VetXX to Dechra Pharmaceuticals
Montagu Private Equity has sold VetXX, the Danish developer, producer and marketer of animal veterinary products, to UK-based Dechra Pharmaceutical, an international veterinary pharmaceutical business.
SWEDEN - Industri Kapital makes internal promotions
Industri Kapital has made a number of internal promotions. Dan Soudry and Helena Stjernholm have been appointed as partners in France and Sweden. Soundry join the firm in 2003 from ABN AMRO Capital in Paris where he was part of the LBO team. Stjernholm...
SWEDEN - ChromoGenics secures $2.3m from BankInvest
ChromoGenics, a Swedish developer of electrochromic technology, has closed a $2.3m funding round from BankInvest. The financing will be used to scale-up the company’s production capacity.
NORWAY - Warburg Pincus-backed EMGS shares fall by more than 60¯ter IPO
Since Warburg Pincus-backed EMGS, the oil exploration and production company, was listed on Oslo Børs in March, the share price has fallen by over 60%, from NOK 135 to under NOK 50. At the time of the IPO, the listing received a lot of press coverage,...
SWEDEN - Doughty Hanson sells Kista office portfolio
Doughty Hanson & Co Real Estate has agreed to sell its office portfolio in Kista, Stockholm for SEK 2.92bn. The portfolio has been acquired by DnB NOR Eiendomsfond I AS, a property fund managed by DnB NOR Bank ASA, DnB NOR Markets, the largest financial...
SWEDEN - Securitas Direct board recommends rejecting EQT's offer
The board of directors of Securitas Direct has released a statement where they recommend the share and warrant holders in the company NOT to accept ESML Intressenter AB, jointly owned by EQT V (ca 64%), Säkl AB (ca8%), Melker Schörling AB (MSAB) (ca...
SWEDEN - Credit squeeze threatens EUR 6bn Vin & Sprit sale
The sale of Vin & Sprit, owner of the Absolut vodka brand, by the Swedish government might be delayed due to current conditions in the credit market. Vin & Sprit is one of six companies which the Swedish government is planning to sell over the next few...
NORWAY - Sarsia Seed invests in WindSim AS
Sarsia Seed has acquired a minority stake in WindSim AS, a Norwegian software provider for windmill companies. The new capital will be used to fuel the business’ organisation in order to better respond to market demand, and to develop further products.
EUROPE - CVC launches new infrastructure business
CVC Capital Partners has announced the launch of a new infrastructure investment business, with Stephen Vineberg appointed as chief executive.
UK/SWEDEN - Beringea portfolio company Espresso expands into Sweden
Beringea portfolio company Espresso Group, a provider of digital curriculum services, is to expand into the Swedish primary education market. The Group’s Espresso Education subsidiary has signed an exclusive agreement with Liber, a division of Infinitas...
SWEDEN - Ratos and 3i complete refinancing of DIAB
Ratos and 3i have completed a refinancing of DIAB for SEK 1bn, of which Ratos will receive SEK 500m. The company’s strong performance in recent years enabled the refinancing, which gives the company a more efficient capital structure.
DENMARK - Axcel acquires home furniture group
Axcel has acquired 60% of IDEmøbler, a Danish home furnishing chain, and IDdesign, an international chain of franchise home furnishing stores. The management retains the remaining 40%. The deal will comprise 32 of IDEmøbler’s 39 stores in Denmark....