DACH
GERMANY – Burda Digital Ventures invests in Tripsbytips.com
Burda Digital Ventures has acquired a minority stake in German online community Tripsbytips.com. The transaction value has not been disclosed.
GERMANY – NORD Holding acquires Julius Heywinkel GmbH
Nord Holding Unternehmensbeteiligungsgesellschaft mbH has acquired the Julius Heywinkel Group from the Wilhelm Karmann Corporation for an undisclosed sum. The management also invested and will retain a minority stake in the company.
GERMANY – AUCTUS acquires electronics GmbH
AUCTUS Management GmbH has acquired a majority stake in German electronic manufacturing services electronics GmbH. The transaction value has not been disclosed.
GERMANY - 3i Infrastructure invests in Oiltanking
3i Infrastructure has acquired a 45% stake in Oiltanking Singapore Ltd, Oiltanking Amsterdam BV and Oiltanking Malta Ltd (the OT companies) for a total price of $305m. The investment comprises an equity consideration of EUR 115m and a debt package worth...
SWITZERLAND - BC Partners exits Hirslanden hospitals in $2.36bn deal
BC Partners is reported to have agreed the sale of its Swiss hospitals business Hirslanden. It is understood that South African company Medi-Clinic will acquire Hirslanden in a $2.36bn deal. BC Partners has held the company since December 2002, when it...
GERMANY - BayernLB strengthens portfolio company
BayernLB Private Equity has made two add-on acquisitions to its portfolio company ISU Personaldienstleistungen GmbH. The two purchases, temporary employment agencies Fischer & Funke Gesellschaft für Personaldienstleistungen mbH and AFM Gesellschaft für...
GERMANY - 3i acquires DEUTZ Power Systems
3i has acquired German gas and diesel engine manufacturer DEUTZ Power Systems from DEUTZ AG for EUR 360m. Together with the management, 3i aims to bring the equipment and service activities close together, and grow the company into the sole global independent...
SWITZERLAND – GLSV appoints managing director
Global Life Science Ventures has appointed Stephen J McCormack as managing director of GLSV AG. McCormack joined GLSV in their Zug office in May 2006 and became partner in November 2006.
GERMANY - First investment for European Capital’s Frankfurt office
European Capital’s Frankfurt office has invested EUR 10m in the mezzanine facility of Euro-Druckservice AG (EDS), a leading commercial printer operating in Central and Eastern Europe.
GERMANY - orizon AG makes add-on acquisition
PPM Capital portfolio company orizon AG has acquired Jobs In Time Holding GmbH for an undisclosed sum. This is the second add-on acquisition for orizon in two months. In June 2007, the company acquired SIR Industrieservice GmbH.
SWITZERLAND – 5àSec in tertiary buyout
ING Parcom Private Equity has acquired the dry cleaning service provider 5àSec from Milestone Capital. The transaction value has not been disclosed. In 2001, Milestone Capital (formerly EAC) acquired the company from Spef and BNP Développement.
GERMANY – BayBG invests in Proteros Biostructures
BayBG Bayerische Beteiligungsgesellschaft mbH has participated in a EUR 4.2m second round of financing for protein analysis specialist Proteros Biostructures GmbH. BayBG invested EUR 1m as a ‘stille Beteiligung’.
GERMANY – Barclays PE acquires Siteco from JP Morgan Partners
Barclays Private Equity has acquired German lighting fixtures group Siteco from JP Morgan Partners. The transaction value has not been disclosed. JPMorgan Partners acquired Siteco in October 2002. Under its stewardship, Siteco underwent a substantial...
GERMANY – HgCapital acquires SLV Group
HgCapital has acquired German lighting producer SLV Group from its founders. The transaction is executed on the basis of an enterprise value of EUR 320m and still requires the approval of the German Federal Cartel Office.
GERMANY - bm-t invests in Lalisio GmbH
bm-t beteiligungsmanagement thüringen gmbh has acquired a 25% stake in German online network Lalisio GmbH. The invested amount has not been disclosed. bm-t has supported the growth of the company since 2006.
SWITZERLAND - GlycoVaxyn receives CHF 11.5m
Sofinnova Partners and Index Ventures have provided Swiss biotech company GlycoVaxyn with CHF 11.5m of series-A funding. GlycoVaxyn is developing the next generation of conjugated vaccines (antigenic sugar/protein complexes) which target bacterial infections.
AUSTRIA - GCP appoints Christian Lutz as new venture partner
Christian Lutz has joined gamma capital partners as a venture partner. Lutz has more than 15 years of experience in the internet, media and telecommunication sectors. Prior to joining GCP, he was the general manager Europe for software company Qpass,...
GERMANY - Neuhaus Partners backs ICS
Neuhaus Partners has invested in internet startup company ICS Internet Consumer Services. The funding will be used to develop ICS’s latest web 2.0 project, verwandt.de. The invested amount has not been disclosed but it is understood to be in the million...
EUROPE - Balderton Capital invests in TvTrip.com
Balderton Capital has invested EUR 3.5m in TVtrip.com alongside Partech International. Balderton Capital was formerly known as Benchmark Capital Europe.
SWITZERLAND - Madison Private Equity exits SimilorGroup
Madison Private Equity has sold Swiss sanitary faucets manufacturer SimilorGroup to the Spanish Roca Group. The transaction value has not been disclosed. Since 2002, Madison Private Equity had gradually increased its ownership in Similor from the founding...
AUSTRIA - EK Fin invests in Vienna Acoustics
EK Mittelstandsfinanzierungs AG (EK Fin) together with Eucoma Consumer Goods GmbH has backed the owner buyout of speaker manufacturer Vienna Acoustics. Previous company owner Renate Köberl remains invested in the company.
GERMANY - UTT Group changes hands
DZ Equity Partner has backed the management buyout of German textile manufacturer UTT Technische Textilien Group from BPE Private Equity. The transaction value has not been disclosed. The UTT management team reinvested and now holds a 51% stake in the...
EUROPE - EVCA defends private equity at European Parliament Forum
At the European Parliament’s Financial Services Forum last night, EVCA secretary general, Javier Echarri, strongly defended the role and wider function of Private Equity. “Those who demonise Private Equity should consider the law of unintended consequences...
EUROPE - EVCA changes address
EVCA (the European Private Equity & Venture Capital Association) moves to the centre of Brussels, close to the Parliament and Commission offices, at the end of this week. EVCA’s new address will be: Bastion Tower Place du Champ de Mars, 5 1050 BRUSSELS....