DACH
HV Holtzbrinck leads €3.4m round for Productive Mobile
With the fresh seed funding, Productive Mobile intends to bring its product to a wider market
Secondary buyouts hit 10-year low in Q1
Proportion of deals sourced from fellow PE firms has ebbed back to the level last seen in 2007, according to Unquote Data
Hg launches automotive buy-and-build with Mobility Concept deal
GP will merge the company with online car marketplace Meinauto.de, creating Mobility Holding
Lakestar in €16m series-A for Nebenan.de
Round was led by Burda Principal Investments, the investment arm of Hubert Burda Media
Triton appoints Watters to debt opportunities team
In his new role, Gordon Watters will provide operational scrutiny for investments
Odewald buys Heizkurier
GP draws equity from Odewald KMU II, a €200m buyout fund closed in November 2015
VR-backed Hör Technologie buys Pichler & Strobl
Second bolt-on in quick succession after the acquisition of Neustadt-based Fischer CNC-Technik
European entry multiples hit new high in 2017 despite Q4 cooldown
Average EBITDA multiple increased to 10.4x in 2017 compared with 10.2x in 2016, according to the latest Clearwater Multiples Heatmap
Towerbrook-backed Gravity Media buys Genesis Broadcast
Genesis Broadcast Services will be rebranded to Gearhouse Broadcast following the deal
3i sells Scandlines to First State and Hermes in €1.7bn deal
Vendor reinvests for a 35% stake in the Danish-German ferry operator after an 11-year holding
VC firms back $11m series-A for Bestmile
Road Ventures, Partech Ventures, Airbus Venture and Serena Capital also take part
Spark Capital et al. back Tourlane
Consortium of VC firms take part in a €7m series-A round for German travel planning specialist Tourlane
Mega-buyout volumes hit post-crisis Q1 high
Combined with Q4 2017, the past six months have represented the most active consecutive quarters for тЌ1bn-plus buyouts since 2007
Mangrove in $30m funding round for Saga Foundation
Lightspeed Venture Partners, the Singulariteam Technology Group and Initial Capital also take part
Unigestion launches global fund-of-funds
Fund will be targeting mostly primary buyout funds with a small allocation to secondaries
VC firms invest €25m in Geld-für-Flug
Hannover-based Seed + Speed Ventures took part in the round alongside Luxembourg-based EPI
Triton sells stake in Befesa
Shares are valued at approximately €123.9m, based on the share price of €41.30 per share
GP Profile: Triton Partners
Founder Peder Prahl talks to Unquote about the GP's turnaround approach and its funds' more pronounced J curves compared to regional peers
Capnamic leads €4m series-A for Userlane
High-Tech Gründerfonds, Commerzbank's Main Incubator and FTR Ventures also take part
Novalpina holds second close for debut fund
Novalpina's maiden fund, Novalpina Capital Partners I, was announced in May 2017 with a тЌ1bn target
VC-backed N26 raises $160m
Earlybird Venture Capital, Horizons Ventures and Valar Ventures previously backed the business
Triton-backed Glamox buys O Küttel
Acquisition will be used as a platform for Glamox to enter the Swiss lighting market
Ekkio hires Accuracy's Boess
Ekkio Capital aims to bolster its operations in Germany with the new appointment
VC firms sell Prexton to Lundbeck for up to €905m
Vendors include Sunstone Capital, Ysios Capital Partners and Forbion Capital Partners