DACH
GERMANY - TVM promotes Schröder to general partner
TVM Capital has promoted Dr Christoph Schröder to general partner.
DACH - Zurmont Madison raises more than CHF 250m for buyouts
Zurmont Madison Management AG has held a final close of its new fund, Zurmont Madison Private Equity LP, with total commitments of more than CHF 250m, exceeding its original target fund size of CHF 200m.
GERMANY - Dr Eric Hirsch to leave Bankhaus Wölbern
The current CEO of Bankhaus Wölbern Group, Dr Eric Hirsch is leaving the bank at the end of the year.
SWITZERLAND - Partners Group closes two new mandates for total of CHF 500m
Partners Group has closed two private equity mandates totalling CHF 500m.
AUSTRIA - RECAP acquires Fastbox Denzel Group
RECAP Restructuring Capital has wholly acquired car servicing company Fastbox GmbH from Denzel AG for an undisclosed amount.
SWITZERLAND - New Value backs CHF 7m Bogar expansion
New Value AG portfolio company Bogar AG, which is active in the animal health and nutrition industry, has completed a capital increase worth CHF 7 million.
GERMANY - Leonardo Venture has moved
Leonardo Venture has moved offices.
GERMANY - Marfin Investment Group acquires 49.99% of FAI for EUR 15m
Marfin Investment Group Holdings SA has agreed to acquire 49.99% of Flight Ambulance International Rent-a-Jet Aktiengesellschaft from its main shareholder Axtmann Beteiligungs GmbH for EUR 15m.
SWITZERLAND - New Value-backed Silentsoft in CHF 2m capital increase
New Value AG has contributed CHF 1m in a CHF 2m growth financing of portfolio company Silentsoft. Existing investors such as Venture Incubator AG also participated in the capital increase.
GERMANY - Wachstumsfonds Mittelstand Sachsen invests in Martin Spieß
Wachstumsfonds Mittelstand Sachsen has provided a 'substantial' amount of mezzanine funding for MS Engineering und Beratungsgesellschaft mbH, the holding company of Dresden-based entrepreneur Martin Spieß, which emcompasses the companies Lomma GmbH and...
DACH/CEE - GCP closes its third fund
Gamma capital partners (gcp) has closed gamma III, which reported a first closing on EUR 32.6m in June 2007.
GERMANY - Montagu seeks buyer for Kalle Nalo
Reports indicate that Montagu Private Equity has appointed Sal Oppenheim to advise on a possible sale of portfolio company Kalle Nalo GmbH, a producer of sausage casings and sponges.
GERMANY - Bain Capital write off Bavaria Yachtbau
Reports suggest that Bain Capital has completely written off its reported EUR 1.3bn investment in yacht builder Bavaria Yachtbau GmbH.
SWEDEN/GERMANY - Ratos-backed Bisnode completes SEK 411m WLW acquisition
Ratos portfolio company Bisnode, a supplier of digital business information, has acquired German online search service company Wer liefert was? (WLW) from Seat Pagine Gialle for a total consideration of SEK 411m.
GERMANY - T-Online Venture Fund backs myON-ID
T-Online Venture Fund has invested an undisclosed seven-figure sum into myON-ID Media GmbH, a platform for online reputation management, in a second round of financing.
EUROPE - Oaktree closes on EUR 1.6bn
US-headquartered investor group Oaktree Capital Management has closed OCM European Principal Opportunities Fund II LP, its second European fund dedicated to opportunistic private equity and distress-for-control investments, on around EUR 1.6bn.
GERMANY - SHS and KfW support AMW
SHS Gesellschaft für Beteiligungsmanagement and KfW have made an undislosed investment into pharmaceuticals manufacturer Arzneimittelwerke Warngau (AMW) within the framework of a capital increase.
GERMANY - Climate Change backs Power Plus with EUR 10m
Climate Change Capital Private Equity has invested EUR 10m into telecommunications business Power Plus Communications AG.
GERMANY - Partech leads Private Sale investment
Partech International has led a funding round, believed to be worth in excess of EUR 10m, for online retailer Private Sale GmbH, alongside existing investors Mangrove Capital Partners and Holtzbrinck Ventures.
UK/FRANCE - Apax sued over profit split
Apax Partners co-founder Maurice Tchenio is sueing the firm in a dispute over how profits and fees were split on deals in Europe since 2001.
EUROPE - CVC appoints new senior adviser
CVC Capital Partners has appointed Charles-Henri Filippi as senior adviser.
GERMANY - Buchanan Capital Partners becomes Aheim Capital
Following the successful raising of its first fund and several acquisitions, the three managing directors of Buchanan Capital Partners have recently acquired the remaining shares in the business from minority investor Buchanan Capital Holding AG, and...
EUROPE - IPEV reaffirms commitment to fair value
At a press conference in London this afternoon the International Private Equity & Venture Capital Valuation board (IPEV) emphasised its support of the fair value methodology as the best measure of assessing the value of private equity portfolio companies...