DACH
Clifford Chance promotes Matthew Layton
Matthew Layton, Clifford Chance
Novartis to offload assets
Swiss pharmaceutical giant Novartis has announced it is open to spinning out non-core assets as part of its strategic review and its plans for a $5bn share buy-back.
VR Equitypartner and SüdBG buy Duo Plast
VR Equitypartner and Süd Beteiligungen (SüdBG) have jointly acquired packaging manufacturer Duo Plast from its founder.
Argantis divests WIS Group
German private equity house Argantis has sold WIS Group, a provider of security services, to private investors.
Torch raises seed funding from HTGF et al.
Torch, a provider of data analytics solutions, has raised seed funding from eVentures, High-Tech Gründerfonds (HTGF) and Atlantic Capital Partners.
Seafort Advisers buys three businesses from Auctus
Newly founded private equity house Seafort Advisers has bought packaging recycling company Noventiz, business services provider DialogFeld Communication and lighting manufacturer Dieter Braun from Auctus Capital Partners via a dedicated vehicle.
Sobera buys BayTech Venture portfolio
Direct secondaries specialist Sobera Capital has acquired BayTech Venture Capital Fund I from German venture firm BayTech Venture Capital.
Hellman & Friedman acquires Scout24 for €1.5bn
US private equity firm Hellman & Friedman has bought a 70% stake in online portal group Scout24 from German telecommunications company Deutsche Telekom.
HIG Capital takes over Triton's Weru
HIG Capital has bought German windows and doors manufacturer Weru from fellow buyout house Triton.
Project A exits metrigo in trade sale
German incubator Project A Ventures has sold real-time advertising company metrigo to performance advertising network zanox.
Carlyle sells P&I to HgCapital in SBO
The Carlyle Group has sold German human resources software company P&I Personal & Informatik to HgCapital in a secondary buyout.
Hellman & Friedman to take over Scout24
US private equity house Hellman & Friedman is set to buy internet portal group Scout24 from German telecommunications provider Deutsche Telekom, according to reports.
IBB and HTGF back Scopis in series-A
IBB Beteiligungsgesellschaft and High-Tech Gründerfonds (HTGF) have supported Scopis in a series-A financing round.
HTGF exits Zim Plant Technology in trade sale
High-Tech Gründerfonds (HTGF) has sold its stake in irrigation sensor technology company Zimmermann Irrigation Monitoring Plant Technology (Zim) to Yaka, a producer of fertilisers.
Ganymed Pharmaceuticals raises €45m in series-E
Biopharmaceutical company Ganymed Pharmaceuticals has raised €45m in a series-E financing round from MIG and family office ATS Beteiligungsverwaltung.
Clifford Chance promotes Peter Dieners
Peter Dieners, Clifford Chance
German VCs struggling to raise funds, says survey
A survey published by German bank Kreditanstalt für Wiederaufbau (KfW) and local trade body BVK shows that German VCs are feeling increasingly gloomy about fundraising prospects.
McKinsey appoints Cornelius Baur as head of DA region
Cornelius Baur, McKinsey
Steadfast Capital acquires AVS Group
Steadfast Capital has bought a majority stake in traffic safety provider AVS Group from the firm's owner.
Buy-Out Central Europe sells Chemson Group
Buy-Out Central Europe has sold Chemson Group, an Austrian producer of polymer additives, to Ordu Yardımlaşma Kurumu Industry Group (OYAK).
German Startups Group and Ventech back TVSmiles
German Startups Group (GSG) has teamed up with Ventech and a consortium of business angels to invest in a series-A financing round for TVSmiles, an interactive advertisement application.
KKR and Permira to sell 16% stake in ProSiebenSat.1
Private equity houses KKR and Permira have announced the sale of a further 35 million shares in German media company ProSiebenSat.1.
EQT scoops up German bakery BackWerk
EQT has bought a majority stake in German bakery chain BackWerk from the company's founders.