DACH
GERMANY - DZ Equity Partner sells Morgen & Morgen
DZ Equity Partner has exited its stake in Morgen & Morgen-Gruppe to the management. The transaction value has not been disclosed and CEO Joachim Geiberger will wholly acquire the company.
EUROPE - unquote'' Benelux Private Equity Congress
unquote” is excited to bring you the second unquote” Benelux Private Equity Congress, on 19 April 2007 in Luxembourg.
GERMANY/UK - Mazars expands into Europe
Financial due diligence provider Mazars has acquired German advisor Hemmelrath and is looking to increase the turnover in Germany to EUR 50m for 2007. Following the acquisition Mazars will now have a significant presence in the Czech Republic, Hungary,...
GERMANY - Tank & Rast up for sale
It has been reported that Terra Firma Capital Partners is considering selling German motorway service station company Tank & Rast. Citibank has been appointed to arrange a sales process, which reportedly could attract offers of up to EUR 2bn. Terra Firma...
GERMANY - Arques buys van Netten
Arques Industries AG has acquired confectionery firm van Netten GmbH from Zuckerfabrik Jülich AG. Within the context of the transaction, Arques acquires, among other things, an almost 100,000 square meters large property on which storage and production...
GERMANY - DZ Equity Partner invests in Zarges Tubesca
DZ Equity Partner has announced it has acquired a minority stake in European manufacturer of aluminium-based platform and elevator systems Zarges Tubesca Group from Granville Baird Capital Partners. Granville Baird had recently acquired the company from...
GERMANY– Odewald and Bain sell 2D to Quadriga
Following a three year holding period, Odewald and Bain Capital have sold their investment in German decorative papers printer 2D Holding to Quadriga Capital. 2D is a global printing and treating specialist for decorative paper for flooring and furniture...
GERMANY - Flex Group changes hands
AXA Private Equity has acquired German manufacturer of hand-held power tools from New York based investment advisor GSO Capital Partners. The management team led by Jörg Kempfing and Dr Josef Kring also invested and will holds a minority stake in the...
GERMANY - Siemens Venture Capital exits portfolio to Cipio Partners
Cipio Partners has acquired a portfolio of venture capital investments from Siemens Venture Capital. Terms of the transaction have not been disclosed. However the portfolio includes all assets of the Siemens Venture Capital Communications Fund, which...
GERMANY - Essmann Group changes hands
Quadriga Capital has acquired the Essmann Group for EUR 110m from Taros Capital. Quadriga Capital will take a majority stake in the company, with management that also invested holding the balance. Taros Capital had acquired Essmann in 2000.
GERMANY - Pace raises EUR 3m
eCapital has led a EUR 3m financing round in high-end engineering software developer Pace GmbH. IBB Beteiligungsgesellschaft and Strategic European Technologies also participated in the round.
GERMANY - HgCapital exits Hirschmann Car Communication
HgCapital has sold European automotive supplier Hirschmann Car Communication GmbH to its management for an undisclosed amount.
AUSTRIA - Boehler-Uddeholm negative on CVC offer
According to statements in the press, Boehler-Uddeholm’s management has told its key shareholder group led by Austrian Rudolf Fries to turn down a potential offer from CVC Capital Partners. Previously CVC said it had come to an agreement with the group...
GERMANY - Odewald & Compagnie acquires IWKA Packaging
The board of the IWKA group has decided by seven votes to five, to sell its packaging division to Odewald & compagnie for EUR 255m. The outcome had been expected although the worker’s union had preferred Italian strategic investors Coesia.
AUSTRIA - UC4 Software acquires AppWorx
The Carlyle Group portfolio company UC4 Software GmbH has acquired software company AppWorx Corporations. The transaction value has not been disclosed but Carlyle provided UC4 with fresh capital to finance the acquisition. Following completion of the...
GERMANY - VITA 34 International floats on Prime Standard
SHS portfolio company Vita 34 has listed 600,000 new shares on the Prime Standard at an issue price of EUR 15 per share. Concord Effekten AG acted as the sole global coordinator with N M Fleischhacker AG being the underwriter.
GERMANY - Decision on IWKA packaging division expected
The board of the IWKA group is deciding today whether its packaging division will be sold to a financial or a strategic investor. The most promising candidate to acquire the division is Berlin-based financial investor Odewald & Compagnie. The investor...
GERMANY - New partners at Willkie Farr & Gallagher in Frankfurt
Willkie Farr & Gallagher has announced that Dr Andreas Hautkappe, Rolf Hünermann and Dr Stefan Jörgens join the firm as national partners in the Frankfurt office. Additionally Ole Oldenburg and Ingo Bednarz join the team as associates. All five new...
GERMANY - Neuhaus Partners exits Gentleware
Neuhaus Partners GmbH has sold Gentleware AG to software house b+m Informatik AG. The transaction value has not been disclosed, but company founder Dr Marko Boger remains invested with a 25% stake.
GERMANY - CVC sells ista to Charterhouse for EUR 2.4bn
CVC Capital Partners has sold its stake in energy metering and billing company ista to Charterhouse Capital Partners for a total transaction value, including debt, of EUR 2.4bn. CVC acquired ista in a management buyout in June 2003.
AUSTRIA - Holding at gamma capital partners changes its name
gamma capital partners has announced that the name of its GES gcp Enterprise Software Group GmbH has changed to Infoniqa Holding GmbH. The Infoniqa Holding GmbH is the managing and leading entity of the Infoniqa group.
GERMANY - 3i acquires EDS
3i announced it has agreed to back a management buyout of Passau-headquartered Euro-Druckservice AG from Verlagsgruppe Passau GmbH. The transaction value has not been disclosed.
GERMANY - EUR 6m financing round for inge AG
inge AG has received a EUR 6m round of financing from a consortium including previous investors Siemens Venture Capital and Emerald Technology Ventures. Additionally, first-time investors the Belgian Stonefund VN and the Dutch Entrepreneurs Fund also...
GERMANY - bmp takes over CEEV
bmp AG has wholly acquired the Central Eastern Europe Venture GmbH, a parallel endowment fund set up out of DEG (Deutsche Investitions- und Entwicklungsgesellschaft mbH) resources in 2000 and managed by bmp. Since 2000, CEEV had been investing parallel...