DACH
GERMANY - DZ Equity Partner and L-EA Private Equity acquire German GIMV investment
DZ Equity Partner as lead investor and L-EA Private Equity have completed the acquisition of Konrad Hornschuch, a manufacturer of plastics, in a secondary buyout from funds advised by Halder.
GERMANY - Bank of Ireland opens office in Frankfurt
Bank of Ireland has opened a new leveraged finance office in Frankfurt, focusing on debt provision for mid-market transactions. The team, led by Ralph Betz and Maurice Fitzgerald, will offer mid-cap senior and debt arranging capabilities to private equity...
SWITZERLAND - Capvis acquires stake in Stadler Rail Group
Capvis has acquired a 20% stake in railway machinery producer Stadler Rail Group. The current owner, CEO Peter Spuhler reached the decision to form a partnership with Capvis when looking for an equity partner to broaden the company's shareholder base....
GERMANY - Dr Neuhaus Techno Nord exits EUTEX holding
Following the listing of EUTEX on the Entry Standard of the Frankfurt Stock Exchange in December 2005, Dr Neuhaus Techno Nord has exited its remaining stake in the company. The strategic investor is an undisclosed Russian company operating in the field...
GERMANY - New partners announced at TVM Capital
TVM Capital has announced the promotions of ICT principal Chris Cobbold and Life Sciences principal Dr Annegret de Baey-Diepolder. Both have been made partners with the established IT and Life Science investor. Additionally, Dr Axel Polack has been promoted...
SWITZERLAND - Partners Group lists on the main board of the SWX Swiss Exchange
Partners Group, the Swiss based global alternative asset manager, has announced the successful completion of the bookbuilding for its initial public offering. The price per registered share of Partners Group Holding has been set at CHF 63, in the upper...
GERMANY - Pöllath + Partners advises Sports Group management on takeover
Benedikt Hohaus of Pöllath + Partners, Munich, acted as legal counsel to the company management on Industri Kapital's acquisition of Sports Group from ECM Equity Capital Management.
SWITZERLAND - Partners Group lists on SWX above book-building price
Switzerland-based fund-of-funds Partners Group has listed on the SWX Swiss Stock Exchange at an opening price of SFr 79.95 well above the offer price of SFr 63. The price per registered share of the Partners Group Holding was set at EUR 63, in the upper...
GERMANY - DEWB portfolio firm closes alliance with Pfizer
NOXXON Pharma AG has announced the closing of a strategic alliance with Pfizer Inc. NOXXON will, through the exploitation of their proprietary Spiegelmer® Technology, develop product candidates against disease associated Targets identified by Pfizer....
GERMANY - Commerzbank takes MLA role on Norma buyout
Commerzbank Corporates and Markets (CBCM) has announced today that it is acting as sole mandated lead arranger and underwriter of the senior and mezzanine debt facilities supporting the buyout of Norma Group by 3i. The financing documentation was signed...
GERMANY - Industri Kapital acquires Sport Group from ECM
Industri Kapital has signed an agreement with funds advised by ECM to acquire Sport Group, a leading European provider of outdoor sport and recreational surface systems.
AUSTRIA - Permira sells remaining AMS shares
Permira has sold its remaining shares in Austria Microsystems to Morgan Stanley for approximately EUR 180m for placement with international institutional investors. Permira had a remaining shareholding of around 34% in Austria Microsystems, an Austrian...
GERMANY - 3i Europe takes over major automotive supplier
3i Europe has acquired a controlling stake in German industrial supplier Rasmussen GmbH / Norma Group via a management buyout. The transaction includes all shares held by the company managers.
AUSTRIA - VST secures EUR 3m mezzanine loan
Vienna-based Mezzainin Finanzierungs AG has made a EUR 3m investment in VST Verbundschalungstechnik to assist in the company's expansion plans in the Nordics.
GERMANY - DBAG reports favourable results
Deutsche Beteiligungs AG continued the strong performance recorded last year, posting a sizeable first quarter profit. In the first three months of the new 2005/2006 financial year (31 October), this private equity company achieved a consolidated profit...
SWITZERLAND - EVCA unveils activity figures for 2005
EVCA has annnounced its preliminary fundrasing, investment and exit figures for 2005 at its annual investors' forum in Geneva.
GERMANY - Allianz Capital buys MAN Roland Druckmaschinen
Allianz Capital Partners has agreed the acquisition of 100% of MAN Roland Druckmaschinen from parent group MAN AG. The printing machine manufacturer was unprofitable in 2004 and 2005, however the financial investor has plans to develop the company into...
GERMANY - AXA to buy Pfleiderer Track Systems
AXA Private Equity has signed a contract with Pfleiderer AG for the acquisition of Pfleiderer Track Systems. The acquisition is subject to approval by the German anti-trust authority. A previous exclusivity agreement entered into with Vossloh AG, Werdohl...
SWITZERLAND - Partners Group launches IPO on SWX Swiss Exchange
Partners Group, the Swiss-based global alternative asset manager, today launches its initial public offering (IPO) on the SWX Swiss Exchange. The IPO of Partners Group serves the purpose of strengthening the firm’s foundation for long-term independence...
GERMANY - BayTech leads EUR 3.8m funding of abaXX
BayTech Venture Capital, the German early-stage venture capital firm, has led a EUR 3.8m funding round in financial services firm abaXX, a Stuttgart-based provider of business process management software for financial institutions.
GERMANY - Granville Baird sells Apptimum to Microsoft
Granville Baird has announced that it has sold its interest in software firm Apptimum Inc to Microsoft for an undisclosed sum.
GERMANY - SHS and tbg exit Novosis
SHS Gesellschaft für Beteiligungsmanagement mbH has sold its stake in Miesbach-based pharaceutical specialist Novosis to Swiss-listed Schweizerhall Holding AG. State financial investor tbg has also agreed to exit its stake by way of a staggered process...
AUSTRIA - Carlyle to buy UC4 Software
According to press reports Carlyle Group has agreed to buy a majority stake in UC4 Software from Capexit and and PONTIS Venture, which acquired an interest in the firm in 2004.
GERMANY - Financial investor tipped to acquire Tuja Holding
According to press reports the German arm of Barclays Private Equity has agreed to acquire German temping agency Tuja in a secondary transaction. The vendor, Odewald & Compagnie, acquired a majority stake in the company together with the management in...