15/Dec/2011
Sale of Kabel BW approved by Antitrust Authorities
On March 21, 2011, the EQT IV and EQT V funds announced that an agreement was signed to sell German cable network provider Kabel BW to US media company Liberty Global Inc. for an enterprise value of EUR 3,160 million. The transaction was subject to clearance by German Antitrust Authorities.
02/Dec/2011
Rignet Inc (NASDAQ: RNET) Announces strong Q3 results
Reported record quarterly revenue of $28.9 million, a 19.3% increase over the same quarter last year and a 10.3% increase over the previous quarter
01/Dec/2011
FSN Capital II divests Norlandia Care
FSN Capital LP II has signed an agreement with the Adolfsen Group, to divest Norlandia Care, a leading provider of healthcare services in the Nordic region, back to the founders.
29/Sep/2011
Norvestor divests RenoNorden
Norvestor V L.P. divests RenoNorden to mid-market private equity funds CapVest Equity Partners II and Accent Equity 2008.
13/Sep/2011
IK Investment Partners to sell Idex to Cube Infrastructure
IK Investment Partners (“IK”) has reached an agreement with Cube Infrastructure, the French infrastructure and public services investment fund manager to divest Idex, France’s largest independent energy and environmental services company. Financial details for the deal were not disclosed.
05/Sep/2011
IK Investment Partners to sell Etanco to 3i
IK Investment Partners (“IK”) has signed an agreement to sell Etanco, the French market leader in the design, manufacturing and distribution of building fasteners and fixing systems to 3i and funds managed by 3i.
29/Aug/2011
IK to sell Magotteaux to Sigdo Koppers
IK Investment Partners (“IK”) has reached an agreement with Sigdo Koppers, a leading Chilean mining supply and construction group, to sell Magotteaux for €550 million.
11/Aug/2011
Rignet Inc (NASDAQ: RNET) Announces strong Q2 results
Cubera is indirectly a major shareholder in the company.
23/Jun/2011
EQT V sells Securitas Direct to Bain Capital and Hellman & Friedman
A consortium consisting of private equity funds managed by Bain Capital and Hellman & Friedman has alongside management, agreed to acquire Securitas Direct from EQT V for a total enterprise value of approximately SEK 21 billion and a potential additional payment of up to SEK 0.9 billion conditional on future performance of Securitas Direct. Continue reading »
15/Jun/2011
Wise Group AB (publ) acquires Netsurvey Bolinder AB
Wise Group has today acquired Netsurvey Bolinder AB. The acquisition strengthens Wise Group’s position within the HR business segment and increases revenues and earnings per share. Netsurvey is acquired as a fully own subsidiary within the Wise Group.
07/Jun/2011
FSN’s Baggium AB has signed an agreement to divest the Care & Treatment business
Baggium AB has signed a definitive agreement to sell the Care & Treatment division (“C&T”), a leader in providing care services to refugee and immigrant children with social and psychological problems, to Humana AB. In 2010, C&T had sales of SEK122 m.
05/May/2011
EQT V completes acquisition of Dometic Group
The offer submitted by EQT V on February 25, 2011, to acquire Dometic Group has been formally accepted by the shareholders at an Extraordinary General Meeting of Dometic Group held on March 25, 2011. All necessary approvals have also been obtained from relevant competition authorities.
15/Apr/2011
Cubera announces successful first close of Cubera VI
Cubera has raised capital to its sixth and so far largest fund. The fund is established to acquire interests in existing private equity funds in the Nordic region. Continue reading »
12/Apr/2011
FSN Capital III acquires leading producer of single-family homes
The Nordic private equity fund FSN Capital has acquired HusCompagniet – Denmark’s leading producer of single-family homes.
21/Mar/2011
EQT agrees to sell Kabel BW to Liberty Global Inc.
EQT’s Funds IV and V (“EQT”) today announced that they have agreed to sell Kabel BW, Germany’s third largest cable network provider, to U.S. media company Liberty Global Inc. for a total enterprise value of EUR 3,160m.
07/Mar/2011
11 companies sold since last summer
Oceaneering (NYSE:OII) today announced the acquisition of the oil service company Norse Cutting & Abandonment AS (NCA). NCA is the 11th company in Cubera’s portfolio, which has either been sold or publicly listed since the summer of 2010.
07/Mar/2011
Oceaneering to acquire Norse Cutting & Abandonment AS
Oceaneering International, Inc. (NYSE:OII) announced it has entered into a definitive purchase agreement to acquire Norse Cutting & Abandonment AS (NCA), for approximately $60 million. The purchase is expected to close by March 31, 2011.
07/Mar/2011
EQT’s Gambro signs agreement to divest CaridianBCT
Gambro AB, jointly controlled by Investor (49%) and EQT IV (51%), has signed an agreement to sell CaridianBCT to the Japanese medical technology company Terumo Corporation for a total enterprise value of USD 2,625 m. The enterprise value corresponds to a multiple of approximately 15x 2010 EBITDA.
07/Feb/2011
Altor sells Ferrosan Consumer Health to Pfizer Inc.
Altor has signed a definitive agreement to sell Ferrosan Consumer Health (“FCH”), a leading science-based consumer health company in the Nordic region, to Pfizer Inc. (“Pfizer”).
01/Feb/2011
Procuritas’ KGH acquires Kuper
Procuritas’ KGH Customs Services has acquired Kuper Douaneservice in the Netherlands, thus strengthening its position as Europe’s leading and fastest growing independent partner for customs compliance.
05/Jan/2011
Norvestor invests in Aptilo
Norvestor V, L.P. (Norvestor) has signed and closed an investment in Aptilo Networks AB (Aptilo), a leading supplier of software solutions for wireless service management and policy control.