DACH
TCV leads €110m round for Mambu
Funding round values the digital banking platform at more than €1.7bn, according to a statement
Carlsquare hires Zetzsche as partner
Andreas Zetzsche joins the corporate finance firm's Berlin team from energy company RWE
Zukunftsfonds Heilbronn leads €60m round for Eleva
Zukunftsfonds Heilbronn first invested in the biotech company in 2006, according to Unquote Data
Egeria to buy majority stake in sauna company Klafs
Deal is the GP's first DACH-region platform investment since its Munich office opened in April 2020
Waterland's Netgo bolts on Arxes-Tolina
Bolt-on is Netgo's sixth acquisition since Waterland acquired the IT service in October 2019
Montana Capital Partners closes OSP V on €1.3bn
MCP took eight months to raise the secondaries-focused fund, the GP said in a statement
AnaCap buys stake in MRH Trowe
GP intends to support a buy-and-build strategy for the Germany-based insurance broker
OpenGate to buy Solvay subsidiaries in Europe and US
Solvay sold its Belgium-based strontium carbonate production unit to Latour Capital in November 2020
eCapital backs series-A for Papershift
eCapital is a new investor in the software developer, which raised a seed round in 2015
Westlake sells Somatex to trade for $64m
US-based listed medical devices business Hologic acquires the business in a $64m deal
Waterland to acquire Yieldkit
Acquisition of the marketing optimisation business is a platform investment from Waterland VII
Covid-19 impact expected to be more severe than GFC – survey
Almost all Dechert survey respondents expect distressed deals to increase, while 82% cited more deal delays as an ongoing effect
Evoco carves out six industrial companies from Gesco
GP is deploying equity from its third fund, Evoco TSE III, which held a first close in June 2020 on €93m and is targeting €150m
Evoco increases stake in ReBuy
Evoco and its investment partners will now own a stake of more than 50% in the e-commerce platform
Invision sells TonerPartner to Gilde Buy Out Partners
Gilde is currently investing from its Buyout Fund V, which closed on €1.1bn in November 2015
2021 Preview: Dry powder drives DACH prospects for 2021
DACH players adopted increased portfolio management and defensive investment decisions in 2020, but dry powder is set to drive 2021
Unquote Private Equity Podcast: DACH 2020 Review
Katharine Hidalgo welcomes Unquote DACH reporter Harriet Matthews to discuss how dealflow and fundraising prospects are faring as 2021 rolls on
Triton announces merger of AVS, Chevron, Fero and Ramudden
Merger of Triton's four traffic services portfolio companies follows a refi earlier in December
TCV leads $130m round for Spryker
Series-C round values the Germany-headquartered e-commerce software platform at more than $500m
Arcus buys majority stake in BitterLiebe
Founders of the bitter dietary supplements producer are to retain a minority stake in the company
Draper Esprit leads $30m round for CoachHub
Round is also backed by HV Capital, Partech, Speedinvest, Signals Venture Capital and RTP Global
29% of LPs have decreased interest in emerging managers – survey
Placement agent Eaton Partners’ latest LP Pulse Survey collected responses from 61 LPs globally
SHS buys minority stake in Develco Pharma
Growth capital deal is the ninth investment from the healthcare-focused GP's fifth fund
AlpInvest closes seventh secondaries fund on $9bn
ASP VII is a dedicated secondaries investment programme focused on fund interests and GP-centered investments