DACH
HTGF, NBR et al. sell Gestigon to Valeo
Gestigon will continue to operate out of Lübeck in the same capacity as it has since 2011 while taking advantage of a larger team
Afinum-backed Let's Go Fitness bolts on Fitbudget
Transaction is the group's fifth bolt-on acquisition, bringing the total number of centres in western Switzerland to 45
Bayern Kapital leads first investment round for Cobrainer
Cobrainer will use the extra funding to optimise its technology and expand its marketing strategy
Digital+ Partners holds €131.5m first close
GP was founded in 2015 with the goal of providing growth capital to German technology companies
Stirling Square appoints Hauptmeier to DACH team
Hauptmeier will contribute to the firm's investment activities in the DACH region
UnternehmerTUM Venture holds €34m close for second fund
Fund has a target of €70m and held a first close on €34m in January
Gimv, Sofinnova in €43.5m round for Breath Therapeutics
Company will use the financing to conduct phase III trials of its inhalation therapy in Europe and the US
Project A leads €4.5m round for Liqid
Company aims to use the capital to add illiquid asset class products to its service offering
Aurelius acquires Warehouse Express from Barclays
UK photographic retailer will merge with the acquirer's German portfolio company Calumet Photographic
Vesalius leads €8.3m series-B for Omeicos
Backers in the investment round include KfW Bank, IBB Beteiligungsgesellschaft and Hich-Tech Gründerfonds
HIG acquires Swiss IT consulting business Infinigate
Rotkreuz-headquartered company intends to use the fresh capital to expand internationally through add-ons
Quiet start to 2017 for DACH buyouts following Q4 flurry
Number of large German deals saw the DACH region outpace its European neighbours at the end of 2016, in terms of aggregate value
Ardian sells Frostkrone to Emeram
French GP exits its stake in the German forzen foods manufacturer after a four-year holding period
PE-backed Rad-x bolts on Acura
Deal marks the second bolt-on for the business, following the acquisition of Swiss diagnostic imaging provider IRD
Cinven's CeramTec acquires UK Electro-Ceramics from Morgan
£47m deal for the technical ceramics business marks the second bolt-on for CeramTec under the GP's tenure
Mosaic and Ribbit lead €5.5m series-A for Bonify
Two VCs join existing backers Index Ventures, DN Capital and HW Capital
BioMedPartners hits CHF 75m first close for third fund
Healthcare-focused GP expects to reach a final close by early 2018
Altor’s Norican bolts on Auctus-backed LMCS
Deal sees Auctus fully exit its portfolio company after a two-year ownership period
Project A closes second fund on €140m
Figure raised by the VC for its second vehicle is 75% higher than the total raised for its maiden fund
Partners Group holds €1.5bn first close for direct investment fund
Buyout firm acquired French pharmaceutical group Cerba HealthCare for €1.8bn from PAI Partners earlier this year
HgCapital raises £3.1bn in double fund close
GP successfully closes HgCapital 8 and Mercury 2 on £2.5bn and £575m respectively
Q4 Barometer: Large-cap deals boost value in a shrinking market
Spike in megadeals boosted aggregate deal value in Q4, though volume was down 20% year-on-year
HTGF backs Wetransform
German early-stage VC investor expands in the spatial data system market
DACH GPs hunt for value following fundraising bonanza
With strong fundraising activity in the region, GPs must now find value in a challenging market