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Wednesday, May 20, 2015
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STANDOUT NEWS
Standout News is a monthly(ish) newsletter from Standout Capital with news about growing companies, entrepreneurship, deals, trends and the latest from our blog. New subscribers can subscribe to the newsletter here. We love to get in touch with outstanding companies, and you can always refer a company to us.

Latest from the Standout blog


Standout has partnered with Deloitte to help find outstanding companies for the Technology Fast 50 Awards. Read more about how Deloitte is "Tracking The Stars in the Nordic Tech Ecosystem"

We asked ourselves "What Makes An Outstanding Investment?", and came up with a three-step investment approach.
 
With some inspiration from great investors, in Five Must-have Success Factors for a Tech Investor” we identify what we believe are the keys to winning in today's dynamic tech investment market. 

Notable deals in the Nordics

 
We have collected some significant tech related deals from the last few months in the Nordic market, made by Venture Capital, Growth Equity and Buyout investors.

Sweden's Industrifonden invests SEK 50 million in poLighta Norwegian company developing an autofocus lens for smartphones. Another example of Nordic cross-border activity.

Nordic Capital makes an acquisition of the e-commerce football company Unisport, adding to their existing Danish Sportmaster retail business, in a trend where online retail is merging with offline.

Altor-owned Swedish online electronics retailer Dustin has listed on Nasdaq Stockholm with a SEK 3.8 billion market cap. Dustin is now the largest listed Nordic e-commerce company.

Canon offered to acquire Axis, the Swedish Lund-based network video camera maker, for $2.8 billion in cash, and is now in the process of completing the acquisition. Will we see more exciting deals coming from the Malmö/Lund cluster soon?

Valedo invests in Rapunzel, an online specialist in hair extensions, based in Umeå, Sweden. The deal is significant as mid-market private equity is increasingly entering tech and e-commerce.

H.I.G. Capital has acquired Fågelviksgruppen, a holding for Scandinavian taxi companies with combined revenues of SEK 5 billion. Is the plan to make traditional taxis more online and Uber-like? 


Outfittery, a German online fashion retailer, raised $20 million from Northzone, Holzbrink Ventures, Mangrove Capital and others. Apparel continues to be one of the largest e-commerce categories.


Dawn Capital and Finish Industry Investment have invested €5.5m in LeadDesk, a Finnish Software-as-a-Service company. Two trends: international investors are teaming up with local Nordic co-investors, and many new exciting companies are coming out of Finland in the Post-Nokia era.

Swedish eye tracking technology firm Tobii started trading its shares on Nasdaq Stockholm in an IPO valuing the firm above SEK 2 billion. We can expect more tech-IPOs in the Nordics, if the market stays strong.

Bonnier Business Press acquires majority stake in Clio OnlineDenmark’s largest publisher of digital learning materials. Education technology ("Edtech") has proved to be one of the most fast-growing tech sectors in the Nordics as schools are digitally transformed. 

Creades acquires 70% of Inet, a leading Swedish retailer of computers, components and electronics with 55% of the revenue online. Yet another example of successful retailers combining online and offline. 

Bridgepoint acquired a majority in Nordic Cinema Group from Ratos and Bonnier in a SEK 4.7 billion deal, apparently betting that cinema will continue to be a major entertainment distribution channel in the age of streaming.

Norwegian media group Schibsted made a new online move with an offer to acquire housing site Hemnet for SEK 1.5 billion, and then placed its flagship morning paper Svenska Dagbladet in the newly formed group MittMedia, where it will hold a 30% ownership. Schibsted continues to build its online focus, while dismantling old media.

In a significant Danish dealDansk Supermarked buys Wupti.com, adding more e-commerce resources to its existing group of retailers. 

Technology trends and research


2014 was the best year for exits in the Nordics, representing close to 10% of all billion dollar exits globally, venture capital firm Creandum writes in its research "Nordic Exit Analysis 2015".   

Expect 2.3 billion new smartphone subscriptions and tripled data traffic per user in the coming five years, and other insights in the Ericsson Mobility Report.

Facebook released a Q1 2015 Earnings Report, with some amazing stats. The social network have close to 1.5 billion monthly active users and 1.2 active mobile users globally.

Standout Capital is a Nordic technology investor providing growth capital and resources for outstanding businesses. The founding partner team is Fredrik Arnander, Klas Hillström and Erik Wästlund. We'd love to get in touch with great companies. Hope you enjoyed our newsletter!

For more content & info, please visit the Standout Website
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Standout News is complied for your pleasure by the team at Standout Capital. To get in touch, mail us at info@standoutcapital.com

© Standout Capital 2015

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