Verdane closes €635 million continuation vehicle anchored by Arrive Group, alongside Talentech and Pet Media Group

Verdane

Verdane is a specialist growth buyout investment firm that partners with tech-enabled and sustainable businesses that help to digitalize and decarbonize the European economy.

Verdane has raised €10 billion in capital, and its funds have made more than 200 investments in fast-growing businesses since 2003. Verdane’s team of more than 180 professionals and operating experts is based out of Berlin, Copenhagen, London, Helsinki, Munich, Oslo and Stockholm and combines deep sector expertise with long-standing local networks and presence in core European markets.

The Deal and Lincoln’s Role

Verdane has announced the successful closing of a €635 million multi-asset continuation vehicle (CV). The fund enables the extension of Verdane’s investment horizon and capital availability for Arrive Group, the largest asset in the CV, alongside Talentech and Pet Media Group.

As part of the multi-asset continuation vehicle transaction, Lincoln’s role was to provide separate fairness opinions in relation to Arrive Group and Talentech.

Arrive Group

Verdane first invested in EasyPark in 2012 when it was a Nordic champion in mobile parking payments. Over the following decade, the company grew into a leading European consolidator in digital parking before completing a transformational merger with Flowbird in 2025 to create Arrive Group, a global digital parking and smart mobility provider with direct access to consumers and municipalities at scale. The business now operates in more than 20,000 cities in more than 90 countries.

Talentech

Talentech is a Nordic HR software platform serving public sector and upper SME clients across the full recruitment lifecycle. Talentech recently agreed to merge with Grade, a complementary Nordic HR platform, significantly broadening the combined group’s product offering and creating a Nordic end-to-end HR solution.

Pet Media Group

Verdane invested in Pet Media Group in 2019. The company has since grown into the leading operator of vertical pet classified sites globally. Every year, the company helps over 1.7 million pets to find new homes through its partnerships with trusted and vetted breeders and shelters. The new fund will support PMG’s next phase of growth, including U.S. expansion, payments penetration and further bolt-on acquisitions.