DACH
Nimbus acquires Robert Bürkle
Dutch investor Nimbus has acquired a majority stake in German industrial machinery manufacturer Robert Bürkle.
KKR and Permira fully exit ProSiebenSat.1
KKR and Permira have fully exited German media company ProSiebenSat.1, selling their remaining 17% stake, valued in the region of €1-1.3bn.
Fintech: throwing down the gauntlet to financial services
Financial technology dealflow is growing at a steady pace and the banks are taking note. Amy King investigates the drivers and challenges behind the fintech revolution.
Insurers to ramp up private equity exposure in 2014
Insurers are rethinking their investment strategies and beginning to increase their exposure to private equity. Some are even looking at it from an asset-liability management perspective.
MCP takes minority stake in LMF
Metric Capital Partners has taken a minority stake in Leobersdorfer Maschinenfabrik (LMF), an Austrian industrial company.
Photo apps: negative returns or still developing?
As Facebook loses favour with the cool kids, hipsters are turning to Instagram, Snapchat or the latest photo sharing app to get their social network kicks. The question is, how long will consumers’ love of photo apps last and are they still worth the...
France's Access holds €190m first close for FoF
French funds-of-funds manager Access Capital Partners has held a first close on €190m for its latest vehicle, Access Capital Fund VI Growth Buy-out Europe (ACF VI).
Acton’s Heureka Growth Fund II holds first close
Acton Capital Partners has held a first close for its Heureka Growth Fund II on $110m.
HarbourVest throws Motion lifeline
HarbourVest Partners has extended the life of Motion Equity Partners’ fund to enable it to exit portfolio companies.
PAI reaches halfway line with €1.4bn first close
French private equity house PAI partners is understood to be halfway towards the hard-cap of its latest vehicle, PAI Europe VI.
Delivery Hero raises $88m
Insight Venture Partners has led an $88m series-E round for Delivery Hero, a German online food ordering service.
DN and Holtzbrinck lead $8m round for Quandoo
DN Capital and Holtzbrinck Ventures have co-led an $8m series-B funding round for Quandoo, a Berlin-based restaurant reservation software provider.
Adveq promotes three
Funds-of-funds manager Adveq has promoted Viswanathan Parameswar, Sasha Kugler and Patrick Küntscher to the role of executive director.
2013 buyouts: overall value stabilises around €75bn
The overall value of European private equity-backed buyouts has hovered around the €75bn mark for the third year in a row, with last year's deals totalling €74.7bn.
Apollo raises $17.5bn for Fund VIII
Apollo Global Management has bucked the trend of large-cap players downsizing their funds compared to pre-crisis efforts: the firm has amassed $17.5bn for its latest global vehicle after a little more than a year on the road.
Palamon promotes three
Palamon Capital Partners has promoted Julian Carreras, Pascal Jean-Noël Noth and Gary Pritchard to partners.
Capvis Equity IV hits €720m hard-cap
Capvis Equity Partners has held a final close for Capvis Equity IV on its €720m hard-cap.
VC-backed plista sold to GroupM
German advertising platform provider plista, backed by several venture capital firms, has been acquired by US-based GroupM, the parent company of WPP media agencies.
Seventure raises €62m towards new life sciences fund
French GP Seventure Partners has held a first close on €62m for Health for Life Capital, a new vehicle with a €120m target.
Snow & Alps secures €1m
Snow & Alps, a reservation system for ski and outdoor holidays, has received €1m in funding from High-Tech Gründerfonds (HTGF).
Mutual understanding: Private equity and the UK government
PE and the State
Ventech supports Picanova
French investor Ventech has made a multi-million euro investment in German customised wall decor company Picanova.
Blacklane drives off with fresh investment
Berlin-based chauffeur portal Blacklane has raised a double-digit million euro funding round.
Carlyle and Vitol invest in Varo Energy
Carlyle has teamed up with Vitol Group to invest in Varo Energy, in a move to create a midstream energy business in north-west Europe.