InnKap 4 Partners sells its holding in Inmeta Crayon
InnKap 4 Partners has sold its shares in the listed company Inmeta Crayon following a public takeover of the company. InnKap 4 Partners invested in the Norwegian company Crayon in 2008. Crayon provides services for managing corporate software and licenses and offers its customers IT consulting services and training. In 2011, the company merged with Inmeta, a company listed on the Oslo Stock...
Argentum publishes Norwegian market report for 2011
Argentum has published it's Norwegian market report for 2011, which is a summary of private equity activity in Norway in 2011. The report is based on Argentum's market database. 2011 was an interesting year for the Norwegian private equity market, characterized by a particularly good first half, and followed by a more troubled second half. Short summary of the findings in the report: Privat...
Axcel invests in Mita-Teknik
Axcel has invested in Mita-Teknik, a Danish supplier of control systems for the wind turbine industry and other industries. The Andersen family has entered into an agreement with Axcel on the transfer of a majority stake in Mita-Teknik, which supplies control systems to the wind turbine industry and other industries. Brothers Jesper and Thomas Andersen will continue as CEO and CTO and will reta...
Argentum Centre for Private Equity established
The Argentum Centre for Private Equity has been established as a joint initiative between NHH and players from the Norwegian financial sector in connection with Argentum's 10th anniversary. The Argentum Centre for Private Equity will be the first independent research centre of its kind in the Nordic countries, and one of very few in Europe. Together with HitecVision, Energy Ventures, PWC,...
SCAN COIN acquires French competitor
Segulah's portfolio company SCAN COIN has through its French subsidiary acquired two companies owned by BH Holding. The acquired companies are Laurel NGZ SAS, specialised in sales of solutions for note handling and Money Pack SARL, a service provider working on a wide range of cash processing equipment. The companies turnover is approximately EUR 5 million. The acquisition is part of SCAN COIN'...
SEED Capital raises EUR 20 million from Dansk Vækstkapital
SEED Capital has raised an additional EUR 20 million for SEED Capital Denmark II via an investment from Dansk Vækstkapital. The total fund size is now EUR 91 million. SEED Capital Denmark II was established in 2010 with an initial fund size of more than EUR 71 million and has since then invested in 10 companies. The investment from Dansk Vækstkapital is EUR 20 million and will allow SEED Capita...
Follow-up investment in Probio
Norinnova Invest has made a follow-up investment of NOK 1.04 million in Probio ASA. In total, Norinnova Invest has invested NOK 25.63 million in the company and holds 6.9 percent of the shares in Probio. Norinnova Technology Transfer owns an additional 7 percent of the company. Read more
Odin sells cleantech company Haarslev to Altor
Odin Equity Partners has sold Haarslev Industrier to Altor. Odin Equity Partners is the selling majority shareholder and CEO of Haarslev Industries, Claus Østergaard Nielsen, will stay on as co-owner and chief executive of the company. Founded in 1973, Haarslev Industries is a cleantech business dedicated to manufacturing processing equipment for organic by-products, including from...
Altor buys Haarslev from Odin Equity
Altor ( through Altor Fund III) has signed a binding agreement to acquire a majority interest in Haarslev Industries A/S. Odin Equity Partners is the selling majority shareholder. The CEO of Haarslev Industries, Claus Østergaard Nielsen, will stay on as co-owner and chief executive of the company. Founded in 1973, Haarslev Industries is a cleantech business dedicated to manufacturing processing...
Pronoxis raises SEK 4 million
The Swedish drug development company ProNoxis has secured SEK 4 million in a new round of financing. Lead investor LU Bioscience has invested SEK 2 million and Karolinska Devlopment SEK 2 million. LU Bioscience and Karolinska Development now hold 32 percent and 22 percent of ProNoxis, respectively, while Redoxis holds the remaining 46 percent. Read more