DACH
Cusp Capital announces €300m debut fund
Newly launched VC is led by former Tengelmann Ventures partners and managing directors
Patrimonium hires Mogwitz
Ulrich Mogwitz joins the firm's private equity team from impact investor Prorsum
Forbion Growth Opportunities I holds €360m final close
Strategy will target later-stage life sciences businesses, as well as undervalued listed companies
Primo Digital Fund launches with €80m target
Fund has a special focus on the e-commerce, software, cybersecurity, fintech and blockchain sectors
Van den Ende sells stake in Endeit Capital
Partners Hubert Deitmers and Martijn Hamann will now be the sole owners of the firm
EMH buys majority stake in Cleverbridge
GP is investing in the subscription billing and management software via its €650m EMH II fund
Muzinich holds third close for second European debt fund
Private debt fund focuses on lower-mid-market companies; its predecessor closed on €706.5m in 2018
The Deals Pipeline
A highlight of deal processes underway and involving PE, either on the buy- or sell-side, across Europe
Aurelius appoints Dränert in Wachstumskapital division
Markus Dränert will focus on software and technology investments, joining from his role at Finleap
Aurelius raises first fund for institutional investors
Investor's тЌ360m fund has an extra capacity of тЌ150m from the GP's listed vehicle and will focus on carve-outs
Battery Ventures buys IMC Test & Measurement
Company will operate with the GP's existing test and measurement companies in the US and Denmark
Hg acquires Auvesy from Brockhaus
Industrial automation software platform is the first investment from Hg's €1.3bn Mercury 3 fund
Buyout rankings: who invested the most in Europe in Q1 2021?
Unquote tallies the top 10 most active GPs across the European buyout space in the first quarter
Summit Partners leads $68m round for Lingoda
Existing investors in the Germany-headquartered online language school include Grazia Equity
Gimv acquires homecare service Apraxon
GP plans to support the at-home wound care specialist through organic growth and a buy-and-build strategy
VCs in $115m round for CeQur
Funding round is the largest ever recorded for a medical equipment company in Switzerland
BlackRock, Temasek launch decarbonisation fund platform
Decarbonization Partners has a fundraising target of $1bn for its first fund, including capital from Temasek and BlackRock
PE players seek opportunities in minority deals, differentiated strategies
Minority investments, co-investments and other creative deals made via differentiated strategies could become even more relevant post-pandemic
Klar Partners to acquire ISS Kanal Services
Carve-out is the first DACH-region platform investment from Klar Partners' €600m debut fund
Beyond Capital holds final close for second fund on €115m
Fund surpassed its €100m target and will continue to focus on DACH-based, small-cap, asset-light businesses
Q&A: Debevoise's Bet-Mansour and Scoville on Spacs' relevance for PE
The partners share their thoughts on why Spacs are so attractive, what sponsors should be wary of, and whether they expect a similar uptake in Europe
Ardian Buyout VII closes on €7.5bn
Fund invests in high-growth potential businesses with enterprise values of тЌ300m-2bn
Quadrivio launches €400m Silver Economy Fund
Fund targets European and North American companies, which specialise in products and services for people over 50
KPS to buy Crown's EMEA tinplate packaging business
European packaging sector buyouts in 2021 already exceed the aggregate value recorded in 2020