Verdane, the European specialist growth buyout investment firm, has closed a €635 million multi-asset continuation vehicle anchored by Arrive Group, alongside Talentech and Pet Media Group. Coller Capital served as the sole lead investor in the transaction, with StepStone acting as co-underwriter. The vehicle was significantly oversubscribed, reflecting strong interest from high-quality institutional investors.
The continuation vehicle extends Verdane’s investment horizon and capital availability across the three assets, allowing the firm to continue backing businesses it knows deeply while providing existing investors with a liquidity option. Verdane’s partnership with Arrive Group spans more than a decade, dating back to its 2012 investment in EasyPark, which has since grown into a global digital parking and smart mobility provider operating in more than 20,000 cities across more than 90 countries following its 2025 merger with Flowbird.
Talentech, a Nordic HR software platform serving public sector and upper SME clients, recently agreed to merge with Grade to create a Nordic end-to-end HR solution. Pet Media Group, in which Verdane first invested in 2019, has grown into the leading operator of vertical pet classified sites globally, helping more than 1.7 million pets find new homes each year. The new vehicle will support Pet Media Group’s next phase of growth, including US expansion, payments penetration, and further acquisitions.
Verdane, which has raised €10 billion in capital and made more than 200 investments since 2003, said the transaction reflects its active ownership approach and its strategy of continuing to invest behind businesses where it has deep familiarity. The firm is a certified B Corporation and backs only businesses that pass its 2040 sustainability test.
KEY QUOTES:
“Arrive Group, Talentech and Pet Media Group are companies that we know well, and that have already generated strong returns for our investors. Our partnership with Arrive alone already spans more than a decade, and we are as excited about the road ahead as we have ever been. This new fund gives us the time and capital to help these businesses reach their full potential.”
Bjarne Kveim Lie, Founder and Managing Partner, Verdane
“This transaction is a strong endorsement of the quality of the three assets and of Verdane’s approach to active ownership. Coller’s deep expertise in the secondary market and their long-term perspective made them the ideal partner for a transaction of this nature. We are grateful for the strong interest received from high-quality institutional investors, which resulted in significant oversubscription. The CV allows us to continue investing behind businesses we know deeply, while providing existing investors with a meaningful liquidity option.”
Carl Nauckhoff, Partner and Chief Commercial Officer, Verdane
“This is exactly the opportunity Coller looks to back. We are proud to lead a portfolio anchored by Arrive Group, an asset that has been a clear winner for Verdane over more than a decade and continues to compound, alongside two further high-quality assets in Talentech and Pet Media Group. The flexibility of our mandate allowed us to underwrite the full multi-asset portfolio as sole lead, reinforcing Coller’s track record of partnering with blue-chip Nordic managers on their best assets.”
Martin Fleischer, Partner, Coller Capital
