DACH
The sleeping giant stirs
For years, Germany has been viewed as the sleeping giant - at least in terms of potential for private equity investments. Many GPs see vast potential, but the country has so far not quite lived up to these expectations. Then came the credit crunch, and...
2008 DVCA Toplederconference
On 5 March, the Danish Venture Capital Association held its annual venture capital and private equity conference in Copenhagen. The day-long event included a number of high-profile speakers and a bit of controversy ... Linn Ronning reports
GERMANY – Permira considers Debitel sale
According to reports in the German press, Permira may exit portfolio telecommunications company Debitel via a trade sale to rival Freenet. The purchase price is rumoured to be between EUR 1.4bn and 1.5bn.
GERMANY - Consortium raises EUR 25m for Pieris
Healthcare-dedicated fund OrbiMed Advisors LLC has led a EUR 25m Series B round for Pieris AG, a bio-pharmaceutical company. All existing investors participated in this financing round including Novo Nordisk and Gilde Healthcare Partners.
GERMANY – High-Tech Gründerfond leads seed round
High-Tech Gründerfond along with business angels and strategic investor Vita 34 AG has led a seed financing round for Urotec GmbH, a tissue engineering company.
GERMANY – Neuhaus Partners sells blau Mobilfunk
Neuhaus Partners, together with the founders and other investors has agreed to sell blau Mobilfund GmbH to Dutch telecommunications company KPN. The price is rumoured to be in the range of EUR 80m to 100m.
GERMANY - Cerberus rumoured to be Siemens subsidiary buyer
According to the German press, Cerberus is most likely to acquire Siemens AG's Siemens Enterprise Networks unit.
AUSTRIA - Recap acquires Sariana
Recap Management has acquired lingerie company Fashion GmbH. Sariana went into insolvency in autumn 2007 and was acquired by Steierische Beteiligungsgesellschaft STUG as a bridge owner.
GERMANY - Syndicate in seed financing for InflaRx
Swiss business platform Affentranger Associates, alongside bm-t beteiligungsmanagement thüringen gmbh, has provided seed financing to biotechnology company InflaRx GmbH.
AUSTRIA - Adcuram sells Battenfeld Group
Adcuram and the liquidator of Battenfeld Group have agreed to sell Battenfeld Group to Austrian company Wittmann.
GERMANY - Square Four Investments acquires Erich Rohde KG
Square Four Investments has, together with investment bank Morgan Stanley, acquired insolvent Erich Rohde KG Schuhfabriken, a shoe manufacturer, for an undisclosed amount.
EUROPE - Bain Capital closes EUR 3.5bn buyout fund
Bain Capital has closed its third European buyout fund with a total of EUR 3.5bn in commitments.