DACH
IK Investment carves out Alba from Alba Baving Group
GP is deploying equity from the IK Small Cap II fund, which closed on its hard-cap of €550m in February 2018
Buyout rankings: who has invested most across Europe since April?
EQT, Ardian and KKR remained very active and struck sizeable deals amid the coronavirus turmoil
Nordic Capital carves out RegTech from BearingPoint
GP followed the company for a long time and entered into exclusive negotiations with BearingPoint a few months ago
Preparing for the turnarounds wave
The much-anticipated wave of distressed opportunities has failed to materialise so far, but market participants are still readying for an uptick
VCs sell Flaschenpost stakes to Oetker
Investors including Cherry Ventures and Vorwerk Ventures backed the drinks delivery company
Sponsor-lender relationship faces stiff Covid-19 test
GPs' relationships with their existing banks and debt funds will remain key to managing the ongoing consequences of the crisis
Seafort sells Noventiz Group to trade
Packaging and waste disposal compliance business was acquired by Seafort from Auctus in 2013
Bregal to acquire STP from Hg
Hg invested in the legal software business via its first Mercury Fund in 2016
Searchlight leads €114m convertible note round for GetYourGuide
Existing investors including Softbank and Lakestar reinvest in the tourism booking platform
HV Capital announces eighth fund
GP has €535m in commitments; it has also rebranded from HV Holtzbrinck Ventures to HV Capital
Secondaries update: Unigestion’s David Swanson
Secondaries activity is recovering from the initial coronavirus-related shock, with good prospects for GP-led secondaries deals
Carlyle acquires Flender from Siemens in €2bn deal
Sale of the drive technology unit saw interest from sponsors including CVC, Triton and Brookfield
Momeni Digital et al. in funding round for Bullfinch Asset
Elevat3 Capital and German energy group EWE also back the green project-financing platform
Castik closes Epic II on €1.25bn
Fund will follow the same strategy as the GP's debut fund, which held a final close in 2015 on €1bn
Ardian bolsters buyout team with five new MDs
Scarlett Omar Broca and Heiko Geissler join in Paris and Frankfurt, respectively
Blackstone Core Equity Partners II closes on $8bn
BCEP II follows a long-hold private equity strategy, with an investment period of 15 years
Nord Holding's Jumpers Group buys Ai Fitness; forms BestFit
Combined companies will pursue a buy-and-build strategy, acquiring fitness studio chains
Bird & Bird hires Seeger as partner
Marc Seeger joins the firm's Düsseldorf-based corporate and M&A team from Hengeler Mueller
Liberta Partners acquires Kienzle
GP acquires the automotive networked systems business as part of a succession solution
TVM Capital closes LSI II on $478m
Vehicle is TVM's largest ever fund and the second in its exclusively life-sciences-focused strategy
EMH Partners closes second fund on €650m
GP closed its debut fund in 2017 on €350m; the latest vehicle will continue its investment strategy
Digital doctors here to stay as telemedicine deals surge
Rise in demand for telemedicine – and promising returns for investors that have been targeting the space – looks set to continue
VC-backed Getnow files for insolvency
Minority shareholder IMS Capital has also filed for insolvency; Getnow is now seeking new investors
German PE assesses opportunities in crisis
Panellists from PE and advisory firms discussed the role of private equity in the current deals landscape at Mergermarket's Germany Forum