DACH
GERMANY - equitrust acquires Angiokard
equitrust has acquired a majority stake in medical equipment company Angiokard Medizintechnik from Masterflex.
EUROPE - Delving into fair value
With the recent market turmoil and lack of comparables, fair value remains a complicated accounting principle. In a recent video interview, Nordic unquote" editor Rikke Eckhoff discusses the implication of this principle for the industry with PricewaterhouseCoopers...
GERMANY – EMBL leads EUR 4.6m round for Elara Pharmaceuticals
EMBL Ventures has led an investment round for biotech company Elara Pharmaceuticals, raising a total of EUR 4.6m
AUSTRIA - Pontis leads $3.5m round for Xendex
Pontis Capital and a group of business angels have invested in games developer Xendex, in a financing round worth $3.5m.
GERMANY - Palamon Capital Partners invests in Polikum
Palamon Capital Partners has agreed to invest in health clinic operator Polikum, taking a significant minority stake in the business.
GERMANY - KKR and BC Partners eye Siemens subsidiary
According to reports, private equity heavyweights KKR and BC Partners have expressed an interest in Siemens's hearing aid subsidiary, which could be worth as much as EUR 3bn.
EUROPE - Revised Directive angers trade bodies
Another chapter has been added to the long-running saga of the EU Commission's AIFM Directive, with a new report calling for a removal of all fund size exemption thresholds sparking anger within the industry. By Ashley Wassall
EUROPE - Revised Directive angers trade bodies
Another chapter has been added to the long-running saga of the EU Commission's AIFM Directive, with a new report calling for a removal of all fund size exemption thresholds sparking anger within the industry. By Ashley Wassall
SWITZERLAND – Private equity-backed Sunrise sold to France Telecom
Danish telecom giant TDC, owned by KKR, Apax, Blackstone, Permira and Providence, has sold 75% of its Swiss mobile telecommunication subsidiary Sunrise Communications AG to France Telecom for EUR 1.5bn.
GERMANY – Wellington Partners leads EUR 18m round for Heliatek
Wellington Partners has led a second round of financing for organic solar cells developer Heliatek GmbH.
GERMANY - Aurelia and KfW invest EUR 2m in Hematris
Aurelia Private Equity and KfW have invested EUR 2m in medical supplies company Hematris Wound Care.
GERMANY - S-Refit AG sells akt Informationssysteme back to founders
S-Refit AG has sold its shares in software company akt Informationssysteme to the company's founders.
GERMANY - EQT to make EUR 2.6bn offer for Candover's Springer
Swedish buyout house EQT is reportedly lining up a £1bn financing package as part of a takeover bid for Candover- and Cinven-backed publishing business Springer Science & Business Media, which could value the company at around EUR 2.6bn.
GERMANY – Candover and Cinven in talks with Informa about Springer
Reports indicate that Candover and Cinven are in early stage talks with strategic buyer Informa regarding the acquisition of their portfolio company Springer Science + Business Media.
GERMANY - Lindsay Goldberg Vogel appoints managing partner
Lindsay Goldberg Vogel has appointed Dr Thomas Ludwig as managing partner in its Düsseldorf office, effective 1 January 2010.
GLOBAL - Apollo prepares to list on NYSE; revenues rise
Private equity house Apollo Global Management has revealed that its revenues rose in the third quarter as the firm plans its move to list on the New York Stock Exchange (NYSE).
EUROPE - Wilson succeeds Russell as EVCA chairman
Apax partner Richard Wilson has been named the new chairman of the European Private Equity & Venture Capital Association (EVCA), succeeding Jonathan Russell of 3i.
EUROPE - JC Flowers makes two senior appointments in its London office
US buyout firm JC Flowers has made two appointments to its London office. Dr. David Morgan replaces Ravi Sinha as managing director for JCF Europe and Asia Pacific, and former FSA chairman, Sir Callum McCarthy, joins as chairman of JCF Europe, a newly...
GERMANY – CMS Hasche Sigle moves Munich office
Law firm CMS Hasche Sigle has moved its Munich office to the Nymphenburger Höfe at Nymphenburger Straße 12. The office, which houses 70 lawyers and tax advisers, opens today.
GERMANY – CMS Hasche Sigle moves Munich office
Law firm CMS Hasche Sigle has moved its Munich office to the Nymphenburger Höfe at Nymphenburger Straße 12. The office, which houses 70 lawyers and tax advisers, opens today.
GERMANY – BC Partners' Brenntag shapes up for IPO
News reports indicate that BC Partners' portfolio company Brenntag GmbH is in the process of restructuring its EUR 2.5bn debt to prepare the company for its planned IPO.
EUROPE - TowerBrook, LPs address credit gap with lending unit
LPs started the year defaulting on capital calls and sending letters to GPs asking (or demanding) they refrain from drawing money. What a difference a year makes - now most are honouring their commitments (though the calls are admittedly few and far between)...
GERMANY – Target Partners appoints new partner
Munich-based venture capital firm Target Partners has hired Michael Brehm as venture partner.
GERMANY/US – IK's Minimax to merge with Viking Group IK
IK Investment Partners backs its portfolio company Minimax in its merger with US-based Viking Group.