DACH
HIG European Capital Partners III sets target on €1bn
GP is also fundraising for HIG Europe Middle Market LBO Fund, which has a target of €2bn
Crosslantic's Hakle to be bought by management – report
Crosslantic Capital invested in the business alongside managing director Volker Jung in 2019
Quadriga's Scio Automation bolts on Mojin Robotics
Add-on is the second announced by the industrial automation technology company in September 2020
IK hires Avedon's Bärenfänger
Julian Bärenfänger was previously a partner at Avedon Capital Partners and joins IK's small-cap team
Advent to commit CHF 415m in Dufry rights offering
If approved, the offering would see the GP acquire a minority stake in its former portfolio company
Nord Holding buys Oton, Ohrwerk, creates AudiOsono
GP plans to grow the hearing care buy-and-build platform to 150 sites in Germany via add-ons
DPE acquires Mehler Vario System
Investment in the bulletproof equipment producer comes shortly after the €1bn final close of DPE IV
Riverside-backed GermanPersonnel acquires Evint
Bolt-on is the second for the recruitment software company since Riverside's investment in 2018
Avedon's SLF acquires STI Bearings
Acquisition of the industrial ball bearings producer aims to grow SLF's client base
Bridgepoint Development Capital IV hits £1.5bn hard-cap
Fund exceeds its £1bn target after around eight months on the road, Unquote understands
Waterland's Netgo bolts on CSM MeinSystemhaus
IT service Netgo is pursuing a buy-and-build strategy and acquired Commehr and Workbees in July 2020
DPE Deutschland IV holds final close on €1bn
Fund will remain focused on Mittelstand buyouts and is the largest vehicle raised so far by the GP
DACH lender sentiment continues to improve – survey
Leverage has not changed significantly for resilient assets, which are still prioritised
Herter & Co hires Samii
Marco Samii joins the firm from IKB Deutsche Industriebank, where he was head of leveraged finance
Capiton acquires electronics business Cedes
Switzerland-based 3D sensor producer is set to be the GP's platform investment in H2 2020
FIEE holds €127.5m first close for second fund
Fund targets the energy efficiency, renewables, lighting, co-generation, pollution control and smart city sectors
Warburg Pincus invests in Infoniqa
HR software's management and previous shareholder Elvaston Capital are also investing
FSN buys majority stake in Elvaston's MHP Solution Group
Elvaston and the company's management will retain a minority stake in the logistics software company
Afinum acquires instant messaging software Threema
Management of the Switzerland-based messaging software will retain a significant minority stake
Heal Capital leads series-A for CereGate
Existing investors High-Tech Gründerfonds (HTGF) and TruVenturo also take part in the round
Nord Holding acquires majority stake in HG Medical
Orthopaedic implants producer saw interest from a number of sponsors in a structured auction process
Centrebridge acquires majority stake in Auxmoney
GP has invested €150m, joining existing investors Index, Union Square and Foundation Capital
Regent-backed Escada files for insolvency
Luxury fashion brand had previously filed for insolvency in 2009 and was bought by Regent in 2019
Muzinich Pan-European Private Debt II holds €210m first close
Fund provides capital to lower-mid-market companies to fuel their growth and finance their expansion strategy