News/Nordics
SWEDEN - Provider sells Ida Infront to AddNode
IT Provider funds have sold Ida Infront AB to AddNode for a cash sum of SEK 30m and a non cash issue of 1,200,000 serie B AddNode shares. Ida Infront focuses on the e-government sector supplying clients such as Försäkringskassan, Skatteverket and Rikspolisen...
SWEDEN - Nordic Capital and Apax launch bid for Capio
Apax and Nordic Capital aim to acquire publicly listed healthcare group Capio AB for SEK 15.6bn. Opica AB, a company jointly owned by Apax Europe VI, Nordic Capital Fund VI and Apax France, has offered SEK 153 per share in cash for all shares in Capio.
SWEDEN - Småföretagsinvest sells Reflex for SEK 180m
Småföretagsinvest has sold manufacturer of surveying instruments for boreholes, Reflex Instrument AB, to Australian Imdex Ltd for around SEK 180m. The seller has recorded a SEK 170m profit on its investment.
FINLAND - Sponsor Capital combines Huoneistokeskus and SKV
Sponsor Capital has merged real estate agencies Huoneistokeskus and SKV, which it acquired in 2003 and 2005 respectively.
NORWAY - Norvestor buys Nordic gym group from Compass Partners
Norvestor Equity has acquired Elixia Nordic, a health and fitness club chain, from Compass Partners. The value of the deal is undisclosed.
FINLAND - CapMan exits Distocraft Ltd
CapMan funds have divested their stakes in software provider Distocraft Ltd to Ericsson for an undisclosed sum. With offices in Helsinki and Lahti, Distocraft develops telecommunications software products that enable network performance management and...
FINLAND - Sentica buys Elematic Group from Consolis
Finnish Elematic Oy Ab has been acquired in a deal led by Sentica Partners and including Finnish Industry Investment, Etera Mutual Pension Insurance Company and the management of Elematic Group. Elematic is a technology provider to precast concrete producers...
FINLAND - Conor Venture leads $2.5m round in Helmi Technologies
Oulu-headquartered Helmi Technologies, a provider of an Ajax-based development platform for building browser-independent rich internet applications, has secured $2.5m in a round led by Conor Venture Partners. The other investors included Finnish Industry...
SWEDEN - Replisaurus raises $14.4m
Replisaurus Technologies has raised $14.4m in a first round funding led by Wellington Partners and Northzone Ventures. The new investors were joined by seed investors KTH Seed Capital, FBBB (ForetagsByggarna) and Aumar - The Sixth AP Fund (AP6).
SWEDEN - SLS Venture sells Carlsson Research in deal worth up to SEK 875m
Swedish Carlsson Research AB, a portfolio company of Scandinavian Life Science Venture (SLS), has been acquired by publicly-listed NeuroSearch A/S. The deal, which will close on condition that NeuroSearch completes a new rights issue, is worth up to SEK...
NORWAY - FSV buys Trøndelag Vekst portfolio
Four Seasons Venture V A and B K/S (FSV V) has acquired five unlisted holdings from Trøndelag Vekst for an undisclosed sum. The portfolio consists of technology-based companies in various stages of development including Smartmotor, Follatech and Mison....
FINLAND - Ratos to buy Perlos Healthcare in EUR 67m deal
Ratos has signed an agreement to buy 78% of Perlos Healthcare. The cash and debt free purchase price of Perlos’ healthcare business by the new company is worth approximately EUR 67m.
DENMARK - Grontmij shareholders accept acquisition of Carl Bro
Grontmij shareholders have accepted the takeover of Danish engineering consultancy group Carl Bro. The current CEO of Carl Bro has been appointed as a member of Grontmij’s management board.
DENMARK - Axcel buys 60% of Netcompany
Axcel has acquired 60% of the shares in IT consultancy Netcompany. The remaining 40% of the shares are still held by the company’s three founders and a number of senior executives. The three founders will remain in charge of the day-to-day management...
SWEDEN - 3i invests in HTC
3i has acquired around one-third of the shares in HTC Sweden AB through a capital injection of SEK 100m as well as a purchase of shares from existing shareholders. The new capital will fund further expansion of the company.
FINLAND - Eqvitec and Creandum invest in Colochrome
Colochrome Ltd, a Finnish manufacturer of protective lenses for mobile handsets and hand-held electronic devices, has secured series-A financing from Eqvitec Technology Fund III and Creandum. The arrangement also includes debt financing from the OP Bank...
SWEDEN - Industri Kapital sells entire Oriflame holding
The Industri Kapital 1997 Fund has sold its remaining shareholding in Swedish cosmetics company Oriflame Cosmetics SA for SEK 242 per Swedish Depositary Receipts (SDR). The sale corresponds to 4.5% of the total number of shares and votes in Oriflame and...
FINLAND - Sentica buys cleaning solutions business
A fund managed by Sentica Partners has acquired the entire share capital of Finnish industrial cleaning technology supplier Finnsonic Ltd.
SWEDEN - Bank of Scotland opens offices in Stockholm
Bank of Scotland has announced the opening of its new corporate banking office on Norrmalmstorg in Stockholm. The office will offer corporate banking services including acquisition finance, corporate banking, real estate finance, infrastructure finance...
FINLAND - CapMan records 24% increase in capital under management
CapMan has reported that its capital under management has increased by 24% in the first half of 2006 from the comparative period last year. Its capital under management totalled EUR 2,322m on 30 June 2006 compared to EUR 1,872m on 30 June 2005.
FINLAND - 3i appoints Hannu Isohaaro as country manager in Finland
Hannu Isohaaro has been appointed country manager of 3i Nordic in Finland as of July 2006. He will replace Ere Kariola, who has moved to a new role as senior adviser of 3i Nordic plc.
SWEDEN - Altor buys 80% of Dustin
Altor is to acquire 80% of the shares in Dustin, a company trading computers and computer equipment via the internet and by mail order. The remaining shares will be retained by the founders and the current owners.
SWEDEN - SciBase secures SEK 100m in growth funding
SciBase AB, a Swedish medical technology company, has secured a SEK 100m investment. The investors include Investor Growth Capital, SEB Företagsinvest and CapMan. Following the transaction, the three venture capital groups control 80% of the company.
SWEDEN - 3i's Alimak Hek buys Australian rental fleet operator
3i’s portfolio company Alimak Hek has bought Australian rental fleet operator Conrent for SEK 88m from Coates Hire Limited. Conrent rents and installs man and materials hoists and mast climbing work platforms.