DACH
HBM BioVentures sells Sloning for €6.7m
Venture capital company HBM BioVentures has sold its stake in Sloning Biotechnology to German antibody specialist Morphosys for €6.7m.
German venture: A ghost town?
At the very peak of the economic boom in 2007 the German venture market looked set to take off and regain much of the ground it had lost following the dotcom crash, with large sums of capital flowing into the hands of entrepreneurial businesses. However,...
joiz receives funding from Creathor Venture
Zurich-based cross-media platform joiz has secured funding from Creathor Venture.
Schultze & Braun opens Paris office
German law firm Schultze & Braun, specialising in business recovery, insolvency and restructuring, has announced the launch of a new Paris office.
Consortium sells BuyVIP to Amazon.com
A consortium of private equity investors is to sell Spanish e-commerce community BuyVIP to Amazon.com for around €75m.
T-Venture invests in Intelligent Apps
T-Venture and e24 have invested the taxi booking system 1TouchTaxi, developed by Intelligent Apps GmbH.
Consortium invests €4m in Zimory
A consortium led by Creathor Venture, High-Tech Gründerfonds and VC Fonds Technologie Berlin have invested €4m in cloud computing company Zimory.
Educational investments: Private equity goes back to school
With today’s news that Albion Ventures has given its backing to a new school, one might assume that investing in education, something primarily catered for by the state, is a rare occurrence. However, private equity and venture capital investors have...
Private equity-backed AZ Electronic plans $700m IPO
AZ Electronic Materials Group, the chemicals manufacturer co-owned by Carlyle Group and Vestar Capital Partners, is to be listed on the London stock market.
Ontario Pension Plan appoints Jane Rowe
Ontario Teachers’ Pension Plan has appointed Jane Rowe to head its private equity unit.
Sweden: Leading the way out of recession?
With the Swedish economy making a strong recovery after the global recession, confidence in the buyout market has been resurgent during 2010 and there are clear signs that deal flow is once again taking off. But, the playing field for buyout investors...
Bridgepoint sale of Rodenstock collapses
Bridgepoint’s sale of German eyeglass maker Rodenstock has collapsed, according to reports.
Chinese private equity on the rise
The latest market data points to China’s inexorable rise to become the leading private equity market in Asia Pacific. In the latest of our regular features on Asian private equity, we look at the growing importance of China’s private equity market.
Augur Capital holds €70m first closing on latest fund
Augur Capital has held a first closing at €70m for its Augur FIS Financial Opportunities II fund.
Private equity: People powered
At the Argentum symposium in Stockholm this week, private equity professionals and academics met to discuss private equity's management methods, highlighting the importance of good people in private equity's success.
AXA Private Equity takes 6% stake in Bravofly
AXA Private Equity has led a round of growth capital funding for Swiss online booking company Bravofly, securing a 6% stake in the business.
Marcello Bottoli joins Advent International
Advent International has announced that Marcello Bottoli has joined the firm’s Operating Partner Programme.
Consortium invests €53.8m in immatics
A consortium of investors including Wellington Partners, dievini Hopp Biotech holding, MIG Verwaltungs and AT Impf have raised €53.8m in a series-C funding round for immatics biotechnologies GmbH.
What's in the box?
Secondary buyouts have grabbed many headlines this year, with the media trying to make the most out of recovering private equity deal activity. “Pass the parcel” seems to be the new buzz phrase for 2010, while the negative connotation of this seems...
Is travel & tourism set to take off?
The travel and tourism sector has been hit hard by the financial crisis, with reports of airlines on the brink of collapse and stranded passengers following the bankruptcy of travel agencies. Despite this, 2010 has seen a resurgence in private equity...
Wellington Partners sells off Aloqa
Venture capital firm Wellington Partners has agreed to sell Munich-based software company Aloqa GmbH to mobile phone giant Motorola for an undisclosed sum.
CVC acquires Sunrise in CHF 3.3bn deal
CVC Capital Partners has signed an agreement to acquire Sunrise Communications S.A. from Danish telephone company TDC A/S.
Call in the investigators?
In the private equity world, the term due diligence is most often associated with the verification of a target’s financial position and trading prospects. Yet, as it is so often said, private equity is a people business: so who, if anyone, does the...