DACH
GERMANY – capiton acquires FBS
capiton AG has acquired a majority stake in the business unit construction systems division (FBS) from Freudenberg & Co. KG. The value of the transaction has not been disclosed. L-Eigenkapitalagentur (L-EA) and management also invested and take a significant...
EUROPE - Fundraising for corporate venturing reached EUR 412m in 2006
European venture independent fundraising reached EUR 412m in 2006, the highest level since the 2000 boom, according to data collected for EVCA's Corporate Venturing Survey. The industry body released the figures at its 10th annual forum taking place in...
EUROPE - EVCA Venture forum sets out venture strategy
EVCA announced a venture capital Action Plan and 100 days of activities as part of its strategy for European venture, at its 10th Annual Venture Capital Forum, held in Stockholm today. The meeting of venture industry figures from across Europe is the...
GERMANY – Saratoga acquires lighting technology provider
Saratoga Partners has acquired the lighting technology branch of glass manufacturer Schott AG for an undisclosed sum. Following the transaction the division will operate under the name of Auer Lighting GmbH.
UK/GERMANY - General Atlantic announces promotions
General Atlantic has announced the promotions of Oliver Thum to managing director and Jan-Daniel Neumann to principal in Düsseldorf. In London, Gabriel Caillaux and Jan Hammer have been elected to the position of principal.
GERMANY - Doughty Hanson appoints new principal
Doughty Hanson and Co Real Estate have announced the appointment of Martin Brendal as a principal.
GERMANY - Oaktree acquires European spirits business of Eckes & Stock
Oaktree Capital Management has acquired the European spirits business of Eckes & Stock GmbH. The acquisition completed in late July 2007. Macfarlanes provided legal advice to Oaktree.
EUROPE - HgCapital strengthens renewable energies team
HgCapital has announced the appointment of Jean Pararnaud and Jens Thomassen as associate directors and the internal promotions of Emma Tinker and Rob deLazlo.
EUROPE - H.I.G Capital opens new European offices
H.I.G Capital, a global private equity firm specialising in investments in small to medium sized companies, has announced the opening of offices in France and Germany.
GERMANY - JenaValve raises an additional EUR 10m
Paris-based Edmond de Rothschild Investment Partners has led a EUR 10m series A-2 financing round of JenaValve™ Technology.
EUROPE - Deutsche unquote” Private Equity Congress & Awards – 11 October
unquote” is delighted to announce its second annual Deutsche unquote” Private Equity Congress & Awards on 11 October 2007, in Zurich. The Congress brings together industry experts to discuss how to stay ahead of the game in this dynamic region. Produced...
GLOBAL - Mubadala buys 7.5% Carlyle stake for $1.35bn
Mubadala Development Company has bought a 7.5% stake in The Carlyle Group for $1.35bn in cash. The deal represents a 10% liquidity discount to the $20bn firm valuation that was agreed by both parties. The minority investment includes no associated voting...
GERMANY – Cologne Media Ventures joins second round of funding for nugg.ad
nugg.ad has concluded an undisclosed second financing round from existing investors bmp, VC Fonds Berlin as well as new investor Cologne Media Ventures GmbH.
GERMANY – PharmaZell GmbH received debt financing
EQT Expansion Capital I LP has provided subordinated debt financing to facilitate the international growth and capacity expansion of PharmaZell GmbH, an Auctus Management portfolio company. Additionally, the debt provision allowed the swift execution...
GERMANY – Heliad acquires Jamba Service GmbH
Heliad Equity Partners, the listed-private equity investment company, has acquired a majority stake in specialist insurance broker Jamba Service GmbH.
GERMANY - Ganymed increases series-C financing
Biopharmaceutical company Ganymed Pharmaceuticals AG has announced a second closing of EUR 3.5m to its series C funding, bringing the total for the round to EUR 37.2m.
GERMANY – Granville Baird sells TEAM BS for EUR 71m
Funds advised by Granville Baird have fully exited their stake in TEAM BS Management Holding to Randstad Group for a total consideration of EUR 71m. Minority shareholder and CEO Dirk Schmitt also exited his stake.
GERMANY – European Capital strengthens Frankfurt team
European Capital Financial Services has appointed Bernd Schaessburger as an investment director to its Frankfurt-based team. Schaessburger joins the team headed by managing director Robert von Finckenstein, which has been strengthened during the past...
EUROPE - SLIPE to manage CalPERS' EUR 400m mandate
Standard Life Investments (Private Equity) Ltd (SLIPE) has been selected to manage a EUR 400m mandate focused exclusively on European private equity.
GERMANY – BWK acquires stake in BKtel-Group
BWK GmbH Unternehmensbeteiligungsgesellschaft has acquired a 49% stake in optical systems provider BKtel for an undisclosed amount.
SWITZERLAND – AFINUM buys Pinova AG
AFINUM Management GmbH has wholly acquired Pinova AG from its founders for an undisclosed amount. The institution made the investment through its fund AFINUM Fünfte Beteiligungsgesellschaft mbH & Co KG.
GERMANY - LSP portfolio company Idea AG signs $202m licensing deal with Alpharma
Life Sciences Partners portfolio company IDEA AG has agreed to sign a $202m licensing deal with an affiliate of American pharmaceutical Alpharma . The agreement involves the licensing of exclusive United States rights to Diractin as a prescription...
GERMANY - KPMG appoints partner to lead new transactions-focused pensions team
Graham Pearce has joined KPMG in Germany at partner level to head up a new Pensions Advisory team within its Transaction Services practice. Prior to joining KPMG, Pearce was at Mercer for 17 years. He qualified as an actuary in 1994 and has specialised...
AUSTRIA - tecnet equity invests in Senactive
Austrian venture capitalist tecnet equity has invested an undisclosed amount in real-time business performance management software provider Senactive. The new capital will be used to drive the company's European expansion.