DACH
US VC firms invest $7m in Breadwallet
DAS Capital, East Ventures, Globe Advisors and Liberty City Ventures invested in the round
Capvis buys engine insulation business Thermamax
Capvis will draw equity from Capvis Equity IV, which held a final close on €720m in 2014
Politics and private equity – the revolving doors
FranУЇois Fillon is the latest in a long line of politicians to make the move to private equity
Aerospace investments taking off for PE
As evidenced by the recent VistaJet and Pattonair deals, PE is increasingly looking at the aviation and aerospace sectors for opportunities
AlpInvest hires Bagijn as primaries business head
New managing director is joining from her previous role at Axa Investment Managers
Heliad in CHF 6m series-B for Muume
Lead investor is an anonymous Swiss VC firm, while unnamed business angels also invested
HTGF, HIF in €800,000 round for Rodos Biotarget
Otto Gies previously invested in the company via crowdfunding platforms Seedmatch and Aescuvest
Startup300 in €1.5m round for Techbold
VC firm draws capital from Capital300, which held a first close on €20m in June 2017
Bain and Cinven takeover of Stada gets over the line
Bain, Cinven secured more than 63% of outstanding shares during the acceptance period
Permira rejects low PE bids for Teamviewer
Bids valued the company at €1.8-2.1bn, short of Permira's targeted valuation of up to €2.3bn
Invision buys majority stake in disinfectant maker Dr Deppe
Invision backs the producer of clinical cleaning products and disinfectants via its Invision V fund
SK Capital reinvests in Archroma via refinancing
Deal for speciality chemicals business comes seven months after GP was reportedly exploring a sale
HTGF, IFH sell Custom Cells to P3 Group
Altana also made a financial exit but will continue to cooperate with Custom Cells operationally
Bencis-backed Prinsen-Buisman buys Gustav Berning
Bencis will become the largest shareholder in the new group, with management taking minority stakes
Cornerstone sells Infoniqa SQL back to management
Deal ends a five-year holding period for Cornerstone, which acquired Infoniqa SQL in 2012
Lexington, BC Partners agree $1bn stapled secondary deal
Lexington was previously reported to be considering acquiring up to тЌ1.2bn in secondary commitments
Bain and Cinven still 17% short on Stada offer
Acceptance period ends at midnight tonight, with no plans for another extension
BayBG, Vito Ventures back €1.3m round for VR-On
Vito and entrepreneurs Andreas Perreiter and Carsten Erdt also invested in the round
Rocket Internet et al. sell Glossybox to PE-backed Hut Group
Rocket Internet was the largest shareholder prior to the transaction, followed by Kinnevik
Onex raises $5.72bn for fifth fund after four months
Canadian-based GP is targeting $6.5bn for the vehicle, which launched in April 2017
Project A backs $2m funding round for Qunomedical
Paris-based Kima Ventures and US VC firm 500 Startups also participated in the round
Oaktree acquires Vitanas and Pflegen & Wohnen
Care home business has recently invested in modernising and expanding its facilities
Bain, Cinven still short of Stada acceptance threshold
Consortium submitted a new bid at €66.25 per share after its initial €66 offer failed
VC backers sell Savedo to Deposit Solutions
Investors include Finleap, DVH Ventures, German Startups Group, Kreos Capital and XAnge Private Equity