Equip Capital Fund I LP Closes First Fund at Hard-Cap

London, 14th December 2020 – Leading Nordic investor Equip Capital has closed their first fund on €180m (NOK 1,900m).

The Oslo based team, led by Sverre Flåskjer, established Equip in late 2018 and have since closed six high-growth buyout transactions in the Norwegian and Swedish mid-market.

The portfolio includes Bastard Burgers, a rapidly expanding chain of fast-casual burger restaurants operating in over 30 locations across Sweden, Mimir, a leading Norwegian IT services platform focussed on SME’s and Holy Greens, a leading sustainable health food chain with outlets across Sweden and on-line. Having held a successful close near the fund target in February 2020, the team were able to attract further capital virtually through the COVID period and Fund I was oversubscribed at final close with interest in excess of the hard-cap.

Asante Capital acted as exclusive global fundraising adviser, while BAHR acted as Fund I’s legal advisers.

About Equip

Equip is an Oslo-based private equity firm entirely dedicated to investing in profitable, high growth Nordic SMEs, predominantly in Norway and Sweden, with a focus on companies in the consumer, industrials and business services sectors. Equip invests between €10m and €30m of equity per deal and can bring additional co-investment via its LPs.

See www.equip.no for further details.

For further information, please contact:

Sverre Flåskjer, Managing Partner, Equip Capital – sf@equip.no

Warren Hibbert, Managing Partner, Asante Capital Group – wh@asantecapital.com

Asante Capital Named to PEI’s Inaugural Top Private Equity Placement Agents of 2023

Asante Capital was ranked as one of Private Equity International’s Top Private Equity Placement Agents of 2023, ranking fourth for overall capital raised across all private market strategies and third for both the APAC and North America regions. PEI’s inaugural list looked at the most active placement agents and winners were chosen based on their performance, rather than submission.

Vertex Ventures China (the ‘Firm’, ‘VVC’) closes Fund V at USD 390 million

We are pleased to announce the successful final closing of Vertex Ventures China V L.P. (the ‘Fund’) at USD 390 million. The Fund surpassed its predecessor fund size by over 40%.

Asante Capital congratulates its partner Maguar Capital on the close of a more than €235 million continuation fund transaction for HRworks

We are delighted to share that Maguar Capital Capital GmbH & Co. KG, managed by Maguar Capital, a leading B2B software investor in the DACH region, yesterday closed on the sale of its portfolio company HRworks Holding GmbH to a newly established continuation fund, Maguar Continuation Fund I GmbH & Co. KG (“Maguar CF I”).