DACH
HTGF and MBG back €720,000 seed round for Stimos
HTGF says the technology addresses a problem affecting patients and the health economy
Germany's new foreign investment rules raise challenges for PE
Government's adoption of an amendment giving it increased rights of scrutiny could require increased due diligence for private equity houses
CVC sells Ista to Cheung Kong Property for €4.5bn EV
Cheung Kong Property is entering into a joint venture with CK Infrastructure Holdings Limited
Akina to launch sixth fund-of-funds, targeting €550m
Akina Partners has registered its sixth fund-of-funds, Euro Choice VII
Battery Ventures acquires AED-Sicad
Company CEO Thomas Englert was the majority shareholder of AED-Sicad prior to the transaction
Yabeo leads €3m seed round for Dentolo
IBB Beteiligungsgesellschaft, Atlantic Labs and Axel Springer also take part in the round
Kompass Digital backs Reparando
Extra funding will be used to expand B2B sales and marketing efforts, as well as technical development
Linklaters hires Kellett from Clifford Chance
Kellett will be working on transactions in the DACH region, operating out of Munich and Frankfurt
Partners Group raises €6bn for direct private equity
Partners Group Direct Equity 16 has closed on €3bn after holding a first close on €1.5bn in February 2017
Seventure Partners leads €2.2m round for Machtfit
IBB Beteiligungsgesellschaft, PHS Capital and the Dr Becker clinic group have also participated in the round
Goldman Sachs invests $35m in remuneration software Beqom
Funding will be used to expand the direct sales force and further develop indirect sales channels
Triton buys Unica
Management and the van Vliet family will hold 49% of the new company, while Triton will take 51%
Alantra hires Vukovich to head new Vienna office
Investment banking and asset management firm hires the former co-head of corporate finance at Unicredit
PAI Partners mulls €4bn fund launch by year-end
GP plans a quick return to the fundraising trail, following a busy 24 months in the wake of its previous close
Genui buys Acrolinx from Kennet
Former CEO of SAP, Bernd-Michael Rumpf, also invests alongside Genui and company management
Target Partners hires Wolter as partner
Target hires TestHub founder and Applause EU managing director Jan Wolter as venture partner
1st Capital Partner leads series-A extension for Hemovent
Original funding round of $6m in February 2016 was provided by a consortium led by MIG Verwaltungs
Seligman invests €4.25m in B2X
Company expects a further financing round in the eight-digit range in the near future
Summit holds €700m final close for second growth equity fund
GP held an interim close for the vehicle, Summit Partners Europe Growth Equity Fund II, on тЌ600m in May 2017
May to leave Silverfleet by year-end
Partner Guido May joined the London-based GP in 2001 after three years at 3i
BNP Paribas emerges as investor in 3i's Formel D
3i also introduced Citic Capital China Partners III as an investment partner in the deal
Godaddy sells Plus Server to BC Partners for €397m
Plus Server was being marketed from a projected €36m EBITDA and posted revenues of €100m in 2016
3i sells €72m stake in Formel D to Citic Capital
3i retains an investment of €155m, having originally injected €247m with a view to bringing in co-investors
Cipio leads eight-digit funding round for 21sportsgroup
Funding will be used to support the development of the company's new logistics centre in Ketsch