DACH
HgCapital sells Qundis for 3.5x money
Exit represents a 3.5x investment multiple for HgCapital and a 30% gross IRR, with cash proceeds of £36.9m
Picus Capital and IBB in €2m seed round for Getsurance
New funding will be used to bring the company's digital disability insurance product to market
HTGF and IFH back KSK Diagnostics
New funding will be used to develop point-of-care tests by utilising isothermal amplification technology
BC Partners sells SGB-Smit to OEP
Transaction involves a €590m all-senior debt package, €340m term loan B and €250m undrawn facilities
Holtzbrinck invests in €1.5m round for Dreamcheaper
Hotel reservation service will use the fresh capital to expand its services and invest in marketing
Northzone leads €6m second round for Lemoncat
Investment brings the total amount raised by the catering booking platform to €9m
DBAG backs Vitronet MBO
DBAG will use capital from its DBAG ECF fund as well as €8.5m directly from its balance sheet
KPN Ventures backs Locumi Labs in €1.5m funding round
HBT Holdings and KfW Banking Group have also backed the smart-lock app developer
TGFS and Hessen Kapital back Mapcase
New capital will be used to improve the technology, as well as expand operations in the DACH region
Atlantic Labs leads funding round for Peat
VC leads a seven-digit funding round for the German plant disease diagnostic app developer
Blackstone to hand Jack Wolfskin to lenders in debt-for-equity swap
Coordinating committee has agreed to write off €80m of debt, reducing outstanding liabilities to €210m
HQ Capital appoints Dimmerling as COO
HQ Capital has appointed Triton's Heiko Dimmerling as its chief operating officer
Hannover Finanz sells Lück to Spie
Spie looks to expand its mechanical and electrical services capabilities in Germany
Steadfast buys Reutter and ITIB
GP plans to merge and further integrate the two companies together with minority shareholder Fortas
ISB leads funding round for Savedroid
New capital will be used to provide the 150,000-strong user base with more contract categories
Capnamic VC and Iris Capital invest €7.5m in Unu
Founders.org, NRW Bank and private investors also backed the funding round
Cinven backed Synlab raises €250m via capital increase
Cinven will remain the majority shareholder of Synlab and other LP will retain its current stake
Deal in Focus: Bain and Cinven to take Stada private
Acquisition of German pharmaceutical company would be the largest buyout ever recorded in the country
Ecapital and IBB sell Geo-En to GASAG
Acquisition of Geo-En provides a strategic expansion into energy services for GASAG
ZFHN exits Dataglobal in MBO
Management buyout is being led by CEO Wolfgang Munz, who originally founded the company in 1992
Polytech Ecosystem Ventures joins CHF 3.5m series-A for Lend
A number of business angels joined in the funding round alongside the Swiss-American VC
HTGF et al. sell Symetis to Boston Scientific for $435m
Companies have developed complementary heart valve technologies
TGFS and Madsack Mediengruppe in €2m series-A for Dipat
Company will use the fresh capital to expand its services across Germany, and will also move to Leipzig
ECM-backed Wieners+Wieners bolts on Apostroph
Bolt-on is continuation of ECM’s buy-and-build strategy in the German-speaking language services market