DACH
GLOBAL - Blackstone investors look to raise commitments
Reports suggest that investors in Blackstone's sixth fund, Blackstone Capital Partners VI, are looking to increase the size of their original commitments to the vehicle, which launched in January 2008.
GERMANY - LEF further invests in agri
Cleantech investor Ludgate Environmental Fund (LEF) has made a follow-on investment of more than £2m into renewable energy company agri capital, in the form of 10% preferred stock and detachable warrants.
GERMANY - High-Tech Gründerfonds invests in C2Call
High-Tech Gründerfonds has invested in VoIP company C2Call GmbH, alongside two angel investors.
GERMANY - IBB backs MyBrands
IBB Beteiligungsgesellschaft, alongside Grey Corporate Investments and two business angels sourced through the European Founders Fund, have provided a first round of financing for online designer outlet MyBrands.
GERMANY - Demeter settles in Berlin
French cleantech investor Demeter Partners has opened an office in Berlin, which will be managed by investment directors Detlef Steinmann and Michel Leistenschneider.
AUSTRIA – Tecnet equity leads EUR 2m round for nxtControl
Tecnet Equity Technologiebeteiligungs-Invest AG, the investment fund of the federal state of Lower Austria, has led a EUR 2m investment round for software company nxtControl GmbH, taking a 38% stake in the company.
AUSTRIA – Buy_Out Central Europe’s takeover of UIAG cancelled
Austrian buyout group Buy_Out Central Europe Managementgesellschaft's has cancelled the planned take-over of investment firm Unternehmen Invest AG.
EUROPE - EVCA calls for new RCAP for 2020
The EVCA has today called for an updated Risk Capital Action Plan (RCAP) for 2020, an agreement originally launched in 1998, in an effort to offset the potentially disastrous consequences of the European Commission's AIFM directive on the finance industry.
SWITZERLAND – Consortium funds Biocartis SA with EUR 10m
Aescap Venture led a EUR 10m Series-A round in diagnostics company Biocartis SA. Other members of the syndicate are Biovest, KBC Private Equity, Advent Venture Partners and existing shareholder Benaruca.
EUROPE - 3i partner McCallum leaves for KPMG
Advisory and accountancy company KPMG has hired 3i partner Blair McCallum to its firm.
AUSTRIA - One Equity Partners acquires Constantia Packaging AG
One Equity Partners has acquired a stake of approximately 66% of listed packaging manufacturer Constantia Packaging and has announced its intention to make a full takeover offer at a price of EUR 39 per share to remaining shareholders.
US/EUROPE - First Reserve Corp adopts UN's PRI
Energy-focused investor First Reserve Corporation has today announced that it has adopted the United Nations' Principles for Responsible Investment (PRI), becoming the first energy-related private equity firm to do so.
EUROPE - Two senior partners leave Apax
It's election year and two senior figures have announced their resignation: no, not the UK's embattled Labour government, but global buyout house Apax Partners.
GLOBAL- Lionel Pincus dies
Lionel Pincus, founder and former chairman of private equity giant Warburg Pincus, died Saturday in New York after a long illness.
GERMANY - JC Flowers files lawsuit against HRE following squeeze-out
JC Flowers has confirmed that it has filed a lawsuit to fight the full nationalisation of banking group Hypo Real Estate Holding, which was confirmed at the lenders' annual general meeting last week.
EUROPE/US - GI Partners closes $2bn third fund
GI Partners has held a final close of its latest vehicle, GI Partners Fund III, on close to $2bn, representing more than a 35% increase from the size of its predecessor.
GERMANY - Advent acquires GFKL Financial Services AG
Advent International has agreed to acquire a majority stake in GFKL Financial Services, an independent provider for debt collection and debt purchase services in Germany, from a consortium of institutional investors.
GERMANY – BayBG moves into new offices
Bayerische Beteiligungsgesellschaft moved into new offices in Munich today. The new address is Königinstraße 23, 80539 Munich.
GERMANY - eCAPITAL leads EUR 800,000 Amynova funding
eCAPITAL has led an EUR 800,000 round for in polymers company Amynova Polymers, alongside GoodVent Beteiligungsmanagement also investing.
SWITZERLAND - Argos Soditic backs Misapor MBO
Argos Soditic has acquired a majority stake in foam glass granulate producer Misapor in a management buyout.
AUSTRIA - AXA acquires Competence Call Center
AXA Private Equity has acquired a majority stake of around two-thirds in Austrian telemarketing company Competence Call Center for an undisclosed sum.
GERMANY – HRE squeeze-out formalised; Flowers loses stake
JC Flowers lost its stake in ailing Hypo Real Estate bank when the bank's majority owner, government fund Soffin finalised the squeeze-out of the remaining minority investors at yesterday's general meeting.
GERMANY – Perusa acquires GRV LUTHE
German private equity house Perusa Partners has acquired disposal services company GRV LUTHE Kampfmittelbeseitigung GmbH from Turn Around Investments GmbH and GRV's management.
GERMANY/US – Riverside continues buy-and-build for Sage Holdings
The Riverside Company has acquired Chapter 11 advisory specialist Donlin, Recano & Company Inc from founders Louis Recano and Carole Donlin. The company will be added to corporate communications platform Sage Holdings, which is based in Germany and the...