DACH
HTGF and Bayern Kapital invest in Simscale
High-Tech Gründerfonds (HTGF), Bayern Kapital and a consortium of business angels have invested in Simscale, a German web-based engineering simulation platform.
LGT closes third secondaries fund on $2bn
LGT Capital Partners has held a final close for Crown Global Secondaries III (CGS III) on its $2bn hard-cap.
Permira and KKR sell €485m ProSiebenSat.1 stake
Permira and KKR have sold shares in jointly-owned German media giant ProSiebenSat.1 on the Frankfurt stock exchange for €485m.
HTGF backs linkbird
High-Tech Gründerfonds (HTGF) and six business angels have backed Berlin-based technology company linkbird.
Point Nine closes second fund
Berlin-based Point Nine Capital has closed its second early-stage venture fund, Point Nine Capital II, on €40m.
Deutsche Bank closes $614m secondaries fund
Deutsche Bank (DB) has closed DB Secondary Opportunities Fund II (DB SOF II) on $614m, above its $500m target.
UK activity falls behind France and DACH
The UK & Ireland private equity market has been overtaken by the French and DACH regions in January according to figures from unquote” data.
3i-backed Trescal in Isocal bolt-on
3i's French portfolio company Trescal, an industrial calibration company, has acquired Austrian calibration service business Isocal GmbH.
DACH unquote” February 2013
German private equity is poised for a decisive year, awaiting both the implementation of the AIFM Directive and the election of a new chancellor and Bundestag, while struggling against the backdrop of Europe’s worsening economic outlook.
HIG invests in Austrian boarding school
HIG Europe has invested in Austrian boarding school St Gilgen International School (StGIS) with a view to create a global education platform.
New German GP Rantum Capital targets mid-market
A group of German businessmen, including former Morgan Stanley Germany CEO Dirk Notheis, have founded a new private equity firm named Rantum Capital.
HTGF and VersoVentures back Cumulocity
High-Tech Gründerfonds (HTGF) and VersoVentures have backed Nokia Siemens Networks (NSN) spin-off Cumulocity, a German software developer.
Freitag & Co appoints managing director
German corporate finance adviser Freitag & Co has appointed Christoph Seeger to managing director in the firm's Frankfurt office.
Clifford Chance names new head of banking and capital markets
Law firm Clifford Chance has appointed Alexandra Hagelüken as new head of banking and capital markets in Germany.
KKR and Permira looking to exit ProSiebenSat.1
KKR and Permira are looking to sell their stakes in German private broadcaster ProSiebenSat.1 to a trade buyer, according to reports.
HTGF et al. back Sopat
High-Tech Gründerfonds (HTGF) and Steelhouse Ventures Ltd have invested in a first round of funding for Berlin-based Sopat, a digital image analysis business.
Halder exits Alukon
Halder Beteiligungsberatung has sold Alukon, a German manufacturer of aluminium roller shutters and door systems, to trade buyer Hörmann Group.
HIG Europe exits Anvis
HIG Europe has exited German automotive parts supplier Anvis Group to Japanese trade player Tokai Rubber Industries.
Capiton buys Kautex Maschinenbau from Steadfast
Capiton AG has acquired German manufacturer Kautex Maschinenbau in an SBO from Steadfast Capital valued at €50-100m.
Baxter Ventures invests €2m in Zytoprotec
Baxter Ventures has invested €2m as part of a €4m series-A round for Vienna-based biotech company Zytoprotec.
Goetzpartners appoints head of German corporate finance
Consultancy Goetzpartners has appointed Simon Wilske to senior managing director and head of corporate finance for Germany in the firm's Munich office.
Mangrove et al. in second round for Outfittery
Mangrove Capital Partners, RI Digital Ventures and IBB Beteiligungsgesellschaft have joined Outfittery's existing investors in a seven-figure round for the German online fashion retailer.
Conor Venture Partners et al. back Crystalsol
Conor Venture Partners has led an €8m series-A financing round for Crystalsol, a flexible photovoltaic film company based in Vienna and Tallinn.
Five PE houses circle Armacell
Five private equity firms are said to be circling German insulation business Armacell, a portfolio company of Bahrain-backed buyout firm Investcorp.