DACH
GERMANY - CGS and CRG acquire mdexx Siemens subsidiary
CGS Management has, together with CRG Capital and the management, wholly acquired mdexx GmbH, the magnetronic devices business of Siemens.
EUROPE - LODH holds second closing of Euro Choice IV on EUR 409m
LODH Private Equity has reached the second closing of Euro Choice IV and its related investment vehicles on EUR 409m. The final closing is scheduled for 27 February 2009.
SWITZERLAND/CHINA - CGS-backed MTH makes first add-on acquisition
CGS Management-backed Mould Technologies Holding (MTH) has acquired Chinese mould maker Suzhou Mould Technology from American injection moulding company Aptar Group.
AUSTRIA - 3TS Capital Partners exits PXP Software AG
3TS Capital Partners has divested its majority stake in PXP Software AG to the company's management.
GERMANY - BayBG invests EUR 1m in Med-Titan Spine GmbH
BayBG Bayerische Beteiligungsgesellschaft has invested EUR 1m in equity and mezzanine capital in medical technology start-up Med-Titan Spine GmbH for a minority stake.
GERMANY - Consortium invests EUR 10m in agri.capital
Ludgate Environmental Fund Limited alongside Valiance Special Situations Fund, has invested a total of EUR 10m into agri.capital, a developer and operator of biogas plants in Germany.
GERMANY - Caption invests in Fruitwork Group
Capiton has invested in fruit and nut trading company Fruitwork Group, as part of reallocating company shares and financing growth.
GERMANY - HTGF and Bayern Kapital invest in SurgicEye
High-Tech Gründerfonds and Bayern Kapital have invested in medical technology company SurgicEye GmbH.
FRANCE/GERMANY - Cognetas-backed Tokheim acquisition of Göhler
Cognetas Fund II has backed Tokheim's acquisition of Göhler Group with an equity injection of EUR 7.9m, and a further maximum commitment of EUR 7.9m over three years to meet earn-out requirements.
GLOBAL - PIP to raise £49.5m from issue of loan notes
Quoted private equity fund-of-funds Pantheon International Participations Plc (PIP), which is managed by Pantheon Ventures Ltd, has announced that it has entered into an agreement with institutional investors to raise up to £49.5m through the issue of...
SWITZERLAND - Novartis and NeoMed co-lead CHF 10m Diagnoplex funding
Novartis Venture Fund and NeoMed have co-led a CHF 10m funding round for Diagnoplex, a developer of blood-based molecular cancer diagnostics, alongside Initiative Capital Romandie.
GERMANY - HTGF backs CAVI
High-Tech Gründerfonds has invested in multimedia company CAVI Int GmbH, which integrates complex online shopping systems into online videos, alongside SundayVentures and Omnis Mundi.
GLOBAL - Allocation concerns dominate LPs
According to the latest Coller Capital Global Private Equity Barometer , produced in association with private equity consultancy IE Consulting, limited partners are increasingly concerned about their private equity allocation, with two-thirds of respondents...
EUROPE - Study reveals positive impact of private equity on employee relations
A new study, conducted by the Centre for Management Buyout Research (CMBOR) in association with the EVCA, has revealed that private equity ownership rarely harms employee relations and, in many cases, actually has a positive impact.
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...