DACH
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
GUB acquires majority stake in Aifotec for €1.2m
Venture capital firm acquires the business from Munich-based PE and VC house Mic
GP Profile: Deutsche Beteiligungs AG
The GP has been the most active DACH mid-market investor over the past three years, completing 15 deals since June 2014
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 €1.2bn in secondary commitments
Bain and Cinven still 17% short on Stada offer
Acceptance period ends at midnight tonight, with no plans for another extension
Atlantic Labs, B10 back Enway
Enway will run its first public tests with street sweeping vehicles in Europe and Asia in Q2 2018
European holding periods continue return to five-year mark
Offloading of pre-crisis baggage and more quick flips are bringing investment periods down, according to unquote" statistics
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
BM-T sells Fayteq to Facebook
Consortium of business angels led by Cornelius Boersch also held a stake in the company
VC backers sell Savedo to Deposit Solutions
Investors include Finleap, DVH Ventures, German Startups Group, Kreos Capital and XAnge Private Equity
Capiton sells Gess Group to Auctus-backed JR Holding
Ends a seven-year holding period for Capiton, which purchased a 68% stake in September 2010
TGFS, HTGF in seed round for FlyNex
TGFS and HTGF provide seed and early-stage funding to German tech-focused startups
DII sells Carus to Getinge
Deal ends a 12-year holding period for the GP, which purchased a majority stake in 2005