Hollyport Capital has led on a €160 million continuation vehicle for Nordic recruitment and human resources software platform Talentech, marking the latest instance the company has come to the secondaries market. Nordic B2B software investor Viking Growth has raised its debut continuation vehicle, Viking Growth Continuation Fund I, to house the asset, which was formed in January via the equal merger of Grade and Talentech, according to a statement seen by Secondaries Investor.

Talentech has already been the subject of a continuation vehicle, having been moved into a multi-asset vehicle by joint owner Verdane earlier this year. The transaction represents Hollyport Capital's continued activity in the secondaries space and Viking Growth's first foray into continuation fund structures.