DACH
IK sells Schenck Process to Blackstone after 10-year holding
Vendor originally purchased the company in a buyout with an estimated EV of €450m in September 2007
Afinum holds final close on €410m hard-cap
GP announced plans to raise a new fund in 2017 when it hired investment director Abdel-Hadi
German election: PE assesses likely coalitions
Coalition between CDU and FDP would be more supportive of private equity by nature
DACH Fundraising Report 2017
Private equity fundraising in the DACH region, as in the rest of Europe, is seeing continued strength
HTGF III raises target and tweaks investment terms
Fund is now operational and will begin making its first investment decisions this week
Jadeberg backs €2m round for CS Group
Firm made the investment using capital from its second growth capital fund MCF II
Creandum and Eight Roads lead $10m series-A for 8fit
Fresh capital will be used for recruitment to support the company's international user growth
Brockhaus sells J&S Automotive to Seafort Advisors
GP made the divestment from its third fund, which has a €175m target and held its first close in 2014
Swisscom reinvests in Adello
VC also announces Bettina von Kupsch of Swisscom Mobile has joined Adello's board
PE-backed Ameos buys Seeklinik Brunnen
Ameos will invest in the expansion of the clinic's facilities over the next four years
Invest AG buys TTI Personaldienstleistung
Deal sees Invest AG and OÖ Betfonds acquire a controlling stake in the business
EQT sells BackWerk to Valora for €190m
GP made the divestment from EQT Mid Market, which acquired a majority stake in the company in 2014
Speedinvest, AWS Gründerfonds back Myclubs
Push Ventures has also invested in the round as well as the founders of diabetes app Mysugr
Auctus's Gustoso bolts on restaurants chain Ciao Bella
Auctus backed the MBO of German multi-brand restaurants chain Gustoso Group in 2015
DC Placement Advisors hires MLP's Schiebel
Schiebel will be responsible for debt capital raising in France, Benelux and the Mediterranean area
Redalpine in €8m series-A for Zenjob
Acton Capital Partners, 500 Startups and Atlantic Labs also took part in the round
Deal in Focus: Mangrove et al. in $40m round for Lesara
Investors include VC firms Paua, Cherry, Simile, Partech, Northzone and Vorwerk
Main Capital buys Evania Video
Company's management retains a minority stake and will remain in their roles at Evania
Balderton leads $30m series-D for Sophia Genetics
360 Capital Partners and existing investors Invoke Capital and Alychio also take part in the round
Target Global holds first close for €100m VC fund
GP expects to hold a final close for the technology-focused fund in the first quarter of 2018
Battery, Holtzbrinck back €10m series-A for Zeitgold
Both VC firms reinvest due to a technological breakthrough after February's seed round
Capzanine opens private debt office in Germany
GP hires Bertram Schütz to head the new office and simultaneously appoints Jean-Marc Flamma in Paris
Towerbrook carves out Schweighofer Fiber
Towerbrook draws equity from its fourth fund, which closed on its $3.5bn hard-cap in 2013
3i-backed Atesteo buys Straesser
Straesser will continue to operate under its own name and Rolf Strässer will remain managing partner