DACH
GERMANY - Private equity firms to re-submit Springer bid
According to press reports, TPG Capital, Carlyle and Providence have been asked to re-submit their bids to acquire a 49% stake in Cinven-backed and Candover-backed academic publisher Springer Science and Business Media.
GLOBAL - Cipio promotes Meyel
Global secondary direct specialist Cipio Partners has promoted Diana Meyel to the position of partner.
EUROPE - 3i appoints two new non-executive directors; halves debt
Private equity group 3i has appointed John Allan and Alistair Cox as non-executive directors on its board, effective 1 September and 1 October respectively.
GERMANY - KKR & Bertelsmann launch EUR 250m rights management business
According to reports, KKR has joined forces with media concern Bertelsmann to develop a music rights management business, with the buyout giant thought to have invested EUR 250m into the venture.
GERMANY - BC Brandenberg and KfW lead EUR 4.5m Metaversum funding
BC Brandenburg Capital and KfW have led a EUR 4.5m round in GmbH, alongside return backers Balderton Capital and Grazia Equity.
EUROPE - Palamon appoints new adviser
London-based mid-market investor Palamon Capital Partners has appointment Dr Richard Wolman to its board of advisers.
GERMANY - BayTech Venture Capital leads EUR 5m inge funding
BayTech Venture Capital GmbH has led a EUR 5m funding round for water membranes company inge watertechnologies AG, alongside historic investors Taprogge Watertech, Emerald Cleantech Fund, Sustainable Performance Group, Siemens Venture Capital, StoneFund...
GERMANY - Neuhaus and HTGF close antispameurope funding
Neuhaus Partners and High-Tech Gründerfonds (HTGF) have invested an undisclosed amount into e-mail security business antispameurope in a second round of funding.
EUROPE - Cinven's Hall steps down
Buyout giant Cinven has elected Hugh Langmuir to managing partner, replacing Robin Hall, a veteran of the firm who will take on the role of executive chairman.
UK/GERMANY - WHEB Ventures reaches £90m third close
WHEB Ventures has achieved a third closing of its second clean technology fund, WHEB Ventures Private Equity 2 LP, at ТЃ90m (EUR 105m).
SWITZERLAND - Zurmont Madison hires investment manager
Zurmont Madison Management has strengthened its investment team with the appointment of Andreja Solar as investment manager.
EUROPE - AXA PE signs UN responsible investment principles
French mid-market buyout house AXA Private Equity has signed the Principles for Responsible Investment (PRI) initiative, issued by the United Nations.
GERMANY - BayBG supports Core-Competence
BayBG has invested an undisclosed sum into web-based training company Core-Competence, acquiring a minority stake in the business.
GERMANY - DBAG and Quadriga Capital sell Lewa
Deutsche Beteiligungs AG (DBAG), Quadriga Capital and company management have sold their interests in pump manufacturer Lewa GmbH for an undisclosed sum to Japan-based Nikkiso Co, Ltd.
GERMANY - HTGF et al. invest EUR 650,000 into Intana Bioscience
High-Tech Gründerfonds (HTGF), Bayern Kapital and BioM AG have invested EUR 650,000 into Intana Bioscience GmbH.
GERMANY - Oaktree and DIC team up for Almatis
According to reports, US loan-to-own investor Oaktree Capital has joined forces with Dubai International Capital (DIC) in a bid to acquire a majority interest in alumina maker Almatis, a portfolio company of DIC that is currently undergoing a debt restructuring....
FRANCE/GERMANY - Gores-backed Sagen buys Gigaset assets
Sagem Communications, backed by US investor Gores Group, has acquired the broadband and WiMAX business of Gigaset Communications GmbH, a subsidiary of industrial holding Arques AG and Siemens AG.
EUROPE - EVCA placement code highlights need for transparency
In response to the ongoing reverberations relating to the New York kickback scandal the EVCA has published a draft code of conduct for placement agents, which highlights the need for greater transparency within the sector.
GERMANY - Target Partners hires associate
Target Partners has appointed Felix Schollmeier to the position of associate.
SWITZERLAND - Wellington Partners and Vinci Capital lead CHF 23m round for Symetis SA
Wellington Partners and Vinci Capital have co-led a CHF 23m round for medical technologies company Symetis SA.
GERMANY - BPE's Premiumcommunications acquires adm
Barclays Private Equity (BPE) portfolio company Premiumcommunications Group, a call centre services business, has acquired sector player adm group for an undisclosed sum.
GERMANY - CFH invests EUR 2m into Synteks
CFH Beteiligungsgesellschaft mbH has invested EUR 2m in automotive supplier Synteks Umformtechnik GmbH.
SWITZERLAND - Argos Soditic reaps 3.1x on ORS sale
Argos Soditic sold outsorcing company ORS in a secondary buyout to Invision, reaping a cash mutliple of 3.1x and an IRR of 37%.
EUROPE - IK appoints Ryum Larsen to executive committee
IK Investment Partners has appointed investor relations head Mads Ryum Larsen to its executive committee.