DACH
LP competition heats up for stakes in GP management companies
One in six LPs is taking stakes in GP management companies via specialist funds
Capvis sells Lista to trade for CHF 184.5m
End of an almost 12-year holding period for Capvis, which acquired the company in September 2006
UVC Partners leads €4.4m series-A for Innoactive
UVC Partners draws capital for the financing from €82m VC fund, UnternehmerTUM Fonds II
Triton-backed Arvos sells Raymond Bartlett Snow
Thermal processing division is headquartered in Naperville, US, and employs 100 people globally
VC-backed Home24 sets IPO price range at €19.5-24.5
Primary offering consists of 7,692,307 shares and a primary greenshoe that will not exceed 15%
Korea Post allocates $200m to global buyout funds
Korea Post Insurance plans to allocate $200m to as many as three managers focusing on global buyouts, predominantly in North America and Europe.
Lakestar launches double fundraise
Lakestar II held a final close on €350m in August 2015, increasing from €135m for Lakestar I
VC firms back $30m series-B for Ava
Majority of the funding comes from existing investors, including Swisscom Ventures
Ufenau-backed Kanalservice buys Karo Kanalreinigung
Kanalservice is a platform investment from Ufenau V German Asset Light, a €220m buy-and-build fund
Altor launches dental buy-and-build KonfiDents
GP will merge the hospital with two German dental clinics that are already in its portfolio
Halder overhauls partner group as part of succession plan
Former partners Paul de Ridder and Michael Wahl step back into senior adviser roles
IK buys Klingel from Halder
Deal marks the 11th acquisition from the IK VIII fund, which closed on €1.85bn in 2017
Argos Soditic rebrands to Argos Wityu
Maurice Dwek, the founder of Soditic bank, had previously owned a minority stake in the GP
HTGF III holds final close on €316.5m
HTGF III is a public-private partnership, raising 30% of the fund from 32 corporates
Schroder Adveq reshuffles management following CEO departure
Schroders acquired Adveq in April last year and Schwager was appointed as new CEO in October
Nordic to acquire Prospitalia from Five Arrows
Nordic was competing with PE firms Ardian, Cinven, Goldman Sachs PE, Hg and TA Associates
East Ventures backs BRD's $32m ICO
East Ventures invests $12m in the pre-sale stage of BRD's initial coin offering
Partners-led consortium buys Techem for €4.6bn
Deal ends a 10-year holding period for Macquarie, which took the firm private in 2008
Capiton buys Magix Software
Company's founders and CEO Klaus Schmidt have retained a significant minority stake
TA-backed Think Project! buys Cemar
Company makes its entry into the UK's construction project management software market
VC firms in €60m funding round for Sonnen
German VC firms ECapital, Munich Venture Partners and Inven Capital take part
Capzanine backs Magix
Firm's first investment in Germany since it opened an office in Munich in September last year
ESO Capital opens Frankfurt office
Team will initially comprise four investment professionals, who will invest in DACH-based SMEs
Project A backs €6m funding round for Keatz
Fresh capital will be used to open new kitchens in Frankfurt, Munich, Milan, Amsterdam and Paris