DACH
VC firms sell Invendo Medical to Ambu for €225m
Selling shareholders include Xeraya, TVM, Wellington, 360 Capital and Heidelberg Innovation
Argos sells BMF to Rantum, Cedarlake
Bartholet family will retain a minority stake and Roland Bartholet will remain chairman
Capnamic, Grazia in $8m round for Zageno
Fresh capital will be used to expand the sales, marketing and technical integration teams
HQ Equita sells Rovema to Haniel
Rovema reports double-digit growth percentages in the two years since HQ acquired it
Endeit leads $10m series-B for Tourradar
Existing investors Cherry Ventures and Hoxton Ventures also take part in the round
VC firms invest €3.6m in Blickfeld
Fluxunit, HTGF, Tengelmann and UnternehmerTUM all take part in the funding round
Brockhaus eschews fund model and plans IPO
Firm will raise €50m initially, with a longer-term target of €150m, and is hiring a CFO
Premium Equity Partners acquires IC! Berlin
Co-founders Ralph Anderl and Jörg Reinhold retain a minority stake in the company
Triton buys US-based Rocore, plans merger with Germany-based Kelvion
GP will consider merging the company with its portfolio company Kelvion in the medium term
Auven leads $200m round for ADC Therapeutics
Hedge fund Red Mile, the Wild Family Office and VC Astrazeneca also back the round
CM-CIC leads €6.1m series-B for Robart
Innovacom, Robert Bosch Venture Capital and SEB Alliance also take part in the financing
VC firms sell Miflora to Blume 2000
Selling shareholders include Atlantic Capital, HR Alpha Ventures, Heilemann Ventures and BayBG
Alpina acquires Syncos
GP invests via holding company that acquired ERP software providers Oxaion and Cimdata
Equistone’s TriStyle bolts on Basler
TriStyle intends to strengthen Basler’s position in the German market
Riverside sells Bike24 to Bridgepoint-backed WiggleCRC
Sale ends two-and-a-half year holding period for Riverside, which acquired Bike24 from its founders
Kartesia closes latest fund on €870m hard-cap
Alternative lender says it was on the road for nine months, raising €360m more than for Fund III
Rocket Internet-backed Hellofresh sets price range for IPO
Hellofresh will raise €243-357m in expansion capital to fund continued acquisitive growth
Triton's Befesa sets IPO price range
Environmental services provider announces a €28-38 share price range for its upcoming IPO
Picking a DACH mid-cap master
With so many proponents of the mid-cap space in the region, how do LPs decide on their allocations?
LDC exits Nexinto in trade sale to Plus Server
Transaction is a bolt-on acquisition for Plus Server, acquired by BC Partners in July 2017
German VC firms back €19m series-C for Global Savings
Rocket Internet, Holtzbrinck Ventures, Deutsche Telekom Venture Funds, Ru-Net and Deutsche Bank take part
Santo leads €22m funding round for Movinga
Santo invests €18m in two €9m tranches; Rocket Internet and Earlybird invest €4.4m
Danube and Fidura sell Mechatronic to Accuron
Sale ends a nine-year holding period for the GPs, which backed the company in October 2008
EMH invests €50m in Native Instruments
Deal is the third investment for the EMH Digital Growth Fund, which closed on €350m in June