DACH
Not all seconds are sloppy
More private equity-backed companies are growing the bottom line through top-line growth, not cost savings, and the best results stem from deals sourced from private, not public, owners - even if that's another buyout house. Kimberly Romaine reports on...
Who's afraid of paper tigers?
This month, the Bundestag passed MoRaKG, the Law on the Modernisation of Framework Conditions for Venture Capital and Equity Investments. Intended to provide the venture capital sector with an internationally competitive legal framework, the new regulations...
GERMANY - Argantis to sell NordSüd
Argantis has sold its majority stake in NordSüd Speditionsgesellschaft mbH to BIP Investment Partners and the company's management for an undisclosed amount.
AUSTRIA - Earlybird and Delta lead investment in Miracor
Earlybird and Delta Partners have completed a Series-A financing round of EUR 6m for medical technology company Miracor GmbH.
EUROPE – EVCA appoints Andreas Schober
The European Private Equity & Venture Capital Association (EVCA) has appointed Andreas Schober, vice chairman of Germany-based Hannover Finanz, to its supervisory board.
GERMANY - White & Case boosts Hamburg team
White & Case has hired Dr Markus Althoff to boost the M&A/corporate team based in its Hamburg office.
GERMANY - Salans to open in Frankfurt
Salans will open a German office in Frankfurt on 1 July 2008. The team of eight is headed by partners Dr Matthias Haas and Holger Scheer.
GERMANY - Uwe Steininger to join Beiten Burkhardt
Beiten Burkhardt has hired former Hogan & Hartson partner Uwe Steininger to boost its Munich office.
The problem with pension funds
With pension liabilities increasing buyouts of pension funds are on the rise, but what are the implications for private equity? By Ashley Wassall
AUSTRIA - PONTIS Venture Partners invests in Xendex
PONTIS Venture Partners, alongside a consortium of business angels, has participated in a EUR 2.3m first funding round for mobile games company Xendex.
GERMANY - KTB leads fourth funding round for MergeOptics
KTB Technologie Beteiligungsgesellschaft has led a EUR 5.3m fourth financing round for fibre optics business MergeOptics GmbH, alongside existing investors Earlybird, Target Partners and DVC.