DACH
Sunstone joins Index et al to fund Amen Internet
Sunstone Capital A/S and Slow Ventures have joined a $2.9m round in Amen Internet led by Index Venture Management in co-operation with private investors, including a number of celebrities.
T-Venture invests €2m in Accel Partners' flaregames
T-Ventures has committed €2m to German mobile gaming company flaregames, a portfolio company of Accel Partners.
HTGF invests in water supply system
High-Tech Gründerfonds has invested €500,000 in water supply measuring system ZIM Plant Technology GmbH.
Target Partners et al invest in free games
German venture capital firms Target Partners, High-Tech Gründerfonds and Estag Capital AG have invested between €1-10m in a series-A round for GameGenetics.
Earlybird closes fourth fund on $100m
Earlybird Venture Capital has held the first close of its fourth venture fund on $100m.
EQT invests in German online retailer
EQT Expansion Capital II has bought a minority stake in German online retailer Internetstores for €30m.
Business Growth Fund: Myth versus reality
The newest kid on the block – made up of lots of the old boys in the industry – is struggling to make friends. People say the Business Growth Fund (BGF) is too big and too threatening. But is the BGF’s reputation warranted? Kimberly Romaine investigates
Orlando buys Paper Systems
Orlando Management AG and Kieran Investment GmbH & Co have acquired the Paper Systems division of Hamburg-based business Körber.
Celtic Therapeutics sets up $50m antibody drug company
Celtic Therapeutics has launched an Antibody-Drug-Conjugate (ADC) business, Switzerland-based ADC Therapeutics, with $50m of capital.
SSVP III closes on €231m
Orlando Management AG has announced the final close of its latest fund, Special Situation Venture Partners III, on €231m, €31m over target.
Michael Queen steps down from 3i
3i chief executive Michael Queen has announced his intention to step down.
Ambienta announces international expansion and new hires
Italian private equity firm Ambienta SGR has announced the expansion of its business to Munich, to capitalise on investment opportunities in Germany and Central and Northern Europe.
HgCapital promotes one, hires seven
HgCapital has announced the promotion of Kai Romberg to partner at the firm and made seven new hires at associate level.
Cornerstone buys ACTech from Halder
Cornerstone Capital and Premium Equity Partners have acquired Halder’s 80% stake in German metal parts manufacturer ACTech for an undisclosed price. The management retains its 20% stake.
Hedge funds: A new source of dealflow
The credit crisis has left hedge funds holding on to unwanted equity stakes. Could this be a new source of dealflow for private equity buyers? Sonnie Ehrendal investigates
HTGF invests in MediaMetrics
High-Tech Gründerfonds has invested €500,000 in Berlin-based solution software provider MediaMetrics.
Wellington invests in BonusBox
Wellington Partners has invested in German social commerce provider BonusBox.
HTGF invests in hepatitis drug project
High-Tech Gründerfonds and Russian Government-backed Maxwell Biotech Venture Fund have invested in a joint project to develop a drug aimed at the treatment of chronic hepatitis B and D.
venBio leads CHF 37m funding round for Cytos
An international syndicate of investors comprised of venBio, Amgen, Aisling Capital and Abingworth has invested up to CHF 37m in equity and debt in Swiss biotech company Cytos Biotechnology Ltd.
High-Tech Gründerfonds invests in fruux
High-Tech Gründerfonds and netSTART Venture have invested a six-figure sum in German cloud solutions company fruux GmbH.
Buyout recovery stalls at one third peak levels
Europe’s buyout market recovery stalled at just a third of the level seen at its peak, according to data from the unquote” European Buyout Review 2012.
Schmirl joins GMP Mezzanine-Partner
Gamma capital partners has hired a new partner, capital markets expert Manfred Schmirl, who has joined Gamma MezzoPreneurs’ industry network, GMP Mezzanine-Partner.
Pinova buys management stake in Clarus Films
Munich based Pinova Capital has announced that it has bought a 65% stake in Clarus Films GmbH from previous managing shareholder Dr Sven Dracker.
WHEB and Bosch lead €5.6m series-C round for Torqeedo
Robert Bosch Venture Capital has joined existing investor WHEB Partners to lead a €5.6m series-C funding round for Starnberg-based manufacturer of electric motors for boats Torqeedo.