Euroventures

The European Bank for Reconstruction and Development has made a E15m commitment to Euroventures Hungary III, the latest fund to target one of the EU accession states.

The firm formed from the merger of Nordico and Euroventures has secured E100m from its current investors for a E200m to E300m fund targeting the Nordic mid-market.

The two Swedish managers have announced the launch of a E300m mid-market fund as part of a planned merger.

The Scandinavian mid-market buyout and expansion capital investor is planning to close in September on E150m for its largest fund.

The Scandinavian mid-market buyout and expansion capital investor is planning to close in September on E150m for its largest fund.

Euroventures Management has backed the acquisition of SSD’s Norwegian distribution counterpart.

The two Nordic private equity firms have bought fashion retailer KappAhl for SEK1.95bn from The Swedish Cooperative Union.

Accent Equity Partners, the Swedish mid-market private equity firm, has announced a final closing of its debut fund on €250m.

Accent Equity Partners, the Stockholm-based mid-market private equity firm, will close its debut fund at a capped level of €265 million at the end of this month, according to market sources.

The Swedish manufacturer of welding protective gear has been sold to 3M, with a reported return of 13 times the original investment.

A number of high-profile fundraisings saw private equity and venture capital firms raise €4.5bn last year, higher than the €4.2bn raised at the height of the technology boom.

Accent Equity Partners, the Nordic mid-market private equity firm, is to reach out to new investors as it prepares to launch the next phase of its fundraising for Accent Equity 2003.

Accent Equity Partners, the Nordic midmarket investor created by the merger of NOrdico and Euroventures, has invested E11m in Cefar, a developer of Electrotherapy treatments.