DACH
EUROPE - smac partners closes new secondaries fund
Munich-based venture capital firm smac partners has closed its new secondaries vehicle, smac partners fund III, which will be advised by UK-based Headway Capital Partners.
GERMANY - CAM Private Equity hires Andrés Ebhardt
CAM Private Equity has strengthened its sales team with the addition of Andrés Ebhardt as partner.
UK/GERMANY - Electra Partners invests EUR 45m into Steadfast fund
Electra Partners has purchased a significant interest in Steadfast Capital Fund I, managed by Steadfast Capital GmbH, for EUR 45m.
GLOBAL - CIC to increase stake in Blackstone
According to reports, Chinaтs sovereign wealth fund, China Investment Corp (CIC), is planning to increase its stake in Blackstone Group from 9.9 per cent to 12.5 per cent.
NETHERLANDS/GERMANY - Wadinko and PPM Oost support IBL
Wadinko and PPM Oost have invested an undisclosed sum into IBL International, a specialist developer of in-vitro diagnostic tests.
GERMANY - S-UBG AG invests in Op-tection GmbH
S-UBG has taken a minority stake in measuring technology company Op-tection GmbH for an undisclosed sum.
GERMANY - Börsebius Zentral becomes major shareholder in DEWB
Investment club Erster Privater Investmentclub Börsebius Zentral GbR has acquired a 21.2% stake in listed fund Deutsche Effecten- und Wechsel- Beteiligungsgesellschaft AG (DEWB).
GERMANY - BWK acquires 40% of Sunval Nahrungsmittel
BWK has acquired a 40% stake in baby food producer Sunval Nahrungsmittel GmbH for an undisclosed sum in an equity-only transaction, with the management acquiring a 20% stake and the founders retaining the balance.
GERMANY – HTGF and Sirius support ILIAS-medical
High-Tech Gründerfonds (HTGF) and Sirius Seedfonds have, together with private investors, completed an undisclosed investment into medical technology company ILIAS-medical GmbH.
GERMANY – IBB and KfW provide follow-on funding for Luceo
A consortium of returning investors, comprising IBB Beteiligungsgesellschaft, KfW and private investors, has made an undisclosed follow-on investment into mesuring technology company Luceo Technologies GmbH.
GERMANY – BC Partners buys SGB from HCP
BC Partners has aquired electronic equipment company SGB Starkstrom-Gerätebau GmbH from turnaround management firm HCP Capital and other stakeholders for an undisclosed sum.
GERMANY – HTGF and Bayernkapital sell Vanatec
High-Tech Gründerfonds (HTGF), Bayernkapital and the founders have sold software company Vanatec GmbH to strategic investor Telerik AD, based in Bulgaria, for an undisclosed amount.
GERMANY – IK-backed Schenck Process acquires Screenex
Measuring and process equipment maufacturer Schenck Process, which is backed by IK Investment Partners, has completed the acquisition of Australian company Screenex, a manufacturer of poly and rubber screening media/panels.
GERMANY - Steadfast Capital strengthens team
Steadfast Capital has hired Dr Thomas Jepsen and Thomas Groß as investment managers with effect from 1 June 2008 and 1 September 2008 respectively.
EUROPE - EVCA study reveals little improvement in tax and legal environment
The European Private Equity & Venture Capital Association (EVCA) has published its fourth Benchmarking study of European tax and legal environments, with the results revealing that there has been little overall improvement in conditions since the previous...
GERMANY – Earlybird and Neuhaus invest EUR 4m into smava
Existing investor Earlybird and new backer Neuhaus Partners have invested EUR 4m investment into social lending marketplace smava GmbH in a second round of financing.
GERMANY – BayBG invests EUR 1m into TAKEO
BayBG has invested EUR 1m into Bavarian auto parts company TAKEO GmbH in the framework of a silent partnership.
GERMANY - Peter Baumgartner joins Vestar
Vestar Capital Partners has appointed Peter Baumgartner as managing director of Vestar Resources, which is based at the firms Munich office and provides advice and services to portfolio companies.
GERMANY - High-Tech Gründerfonds and Bayern Kapital back Lophius
High-Tech Gründerfonds and Bayern Kapital have made an investment of EUR 600,000 into biotechnology company Lophius Biosciences.
GLOBAL - Nextech Venture holds final close on USD 65m
Switzerland-based Nextech Venture has held a fourth and final close of its oncology-focused fund on USD 65m.
GERMANY - EQT sells Pfaff-silberblau to Columbus McKinnon
EQT Opportunity has, together with the Pfaff family and management, signed an agreement to sell lifting and handling equipment producer Pfaff-silberblau Hebezeugfabrik GmbH to global sector specialist Columbus McKinnon Corporation.
AUSTRIA - EK Mittelstandsfinanzierungs acquires stake in ANGER
EK Mittelstandsfinanzierungs AG, which is owned by Bank Austria and UniCredit Group, has acquired a 49% stake in ANGER MACHINING GmbH from MBI Maschinenbau Investment GmbH and Invest Unternehmensbeteiligungs Aktiengesellschaft.