DACH
EQT backs Sportradar
EQT has invested €44m in exchange for a minority stake in German sports data provider Sportradar.
Palero Capital acquires Tesa Bandfix
Luxembourg-based GP Palero Invest has acquired Switzerland-based Tesa Bandfix from its German parent Tesa SE in an all-equity transaction.
EdRIP et al. in CHF 25m GenKyoTex series-C extension
Edmond de Rothschild Investment Partners (EdRIP), Vesalius Biocapital Partners, Mitsubishi Pharma Corporate Venture and other investors have provided Swiss biopharma GenKyoTex with CHF 25m of early-stage funding.
BC Partners sells stake in Brenntag for €577.5m
BC Partners and co-investors have sold seven million shares in listed German chemicals company Brenntag, reducing their joint stake to 13.6%.
Ventizz becomes Vorndran Mannheims Capital
German GP Ventizz has changed its name to Vorndran Mannheims Capital, reflecting its step towards a more buyout-oriented strategy.
Providence to acquire HSE24 from AXA PE
Providence Equity Partners is to acquire a majority stake in AXA Private Equity-held German shopping channel Home Shopping Europe (HSE24), according to reports.
Latest DBAG fund holds €451m first close
Deutsche Beteiligungs AG has held a first close on €451m for its mid-market buyout fund DBAG Fund VI, two months after sending out PPMs.
Quilvest PE buys stake in Acrotec
Quilvest Private Equity, the private equity arm of French family-owned wealth manager Quilvest Group, has invested around CHF 30m in Swiss watch components maker Acrotec.
ECM closes fourth fund on €230m
ECM Equity Capital Management has announced the final close of its fourth fund, GEP IV, on €230m.
Acton leads financing round for Fashion For Home
Acton Capital has led a funding round for German online furniture retailer Fashion For Home.
Vorwerk and Omnes back Tennis-Point
Vorwerk Direct Selling Ventures and Omnes Capital have invested in German tennis e-commerce business Tennis-Point.
Target Partners leads series-A for Theva
Munich firm Target Partners is understood to have led a seven-figure series-A round in BayBG-backed German energy technology company Theva Dünnschichttechnik.
Earlybird et al. invest $4m in Traxpay
Earlybird Venture Capital has invested around $3.2m in German-American B2B payments service provider Traxpay as part of a $4m series-A round together with three business angels and a strategic investor.
German family businesses & PE: An uneasy relationship
German private equity firms are hungry for the Mittelstand, but these largely family-run businesses have often proved elusive in the past. Will more partnerships emerge as a consequence of the economic crisis and diminishing availability of conventional...
Mobility Ventures announces new managing partner
Lothar Pauly, former CEO of Siemens Communications has joined Mobility Ventures as managing-partner Europe.
Blackstone exits Klöckner Pentaplast
Blackstone has sold its majority stake in German thermoform packaging company Klöckner Pentaplast to Strategic Value Partners.
Intel Capital et al. back KupiVIP
Intel Capital has led a $38m funding round for Russian e-commerce fashion retailer KupiVIP Holding.
Climate Change Capital et al. in €12m PPC series-B
Climate Change Capital (CCC) has invested alongside strategic investors Siemens Financial Services Venture Capital and British Gas in a €12m series-B round for German smart grid company Power Plus Communications (PPC).
Evonik cancels IPO
CVC-backed German chemicals maker Evonik has announced the cancellation of its planned IPO.
Index Ventures closes €350m tech fund
Index Ventures has raised a €350m fund aimed at early-stage investments in the technology sector, Early Stage Fund - IV6.
Rise in secondaries highlights tough venture market
Venture secondaries on the rise
DACH unquote" June 2012
Vienna’s stock exchange has experienced a few tough years, but new chief executive and several planned private equity IPOs over the next two years could see the bourse becoming attractive to private equity once again.
Holtzbrinck Ventures and HTGF invest in Paul Secret
Holtzbrinck Ventures and High-Tech Gründerfonds (HTGF) have invested in Berlin-based start-up Paul Secret, a fashion adviser and retailer for men.
Wellington Partners et al. invest in Readmill
Wellington Partners has joined previous investors Passion Capital and Index Ventures in a series-A funding round for German social reading platform Readmill.