DACH
DACH holds up under pandemic pressure, but recovery doubts remain
Market players suggest it is unlikely that H1 figures reflect the extent of the damage done to portfolios and M&A
Mosaic, Santander in funding round for Bonify
Experian Ventures and the founders of fintech company Raisin also take part in the investment
Q2 Barometer: Coronavirus ravages European M&A market
After the first effects of the Covid-19 crisis were felt in March, the European private equity market decelerated sharply in Q2
DBAG acquires Congatec
MBO of the computing and robotic components producer is the second deal from DBAG Fund VIII
The Deals Pipeline
A fortnightly highlight of deal processes underway and involving PE, either on the buy- or sell-side, across Europe
HSBC Vision Private Equity 2020 closes on $260m
Fund targets a variety of private equity opportunities, from primaries and secondaries to direct co-investments
EMZ acquires HRWorks
EMZ recently opened its first international office in Munich, headed by partner Klaus Maurer
Consortium in $100m round for Omio
Fresh capital will be used for organic growth activities and M&A opportunities
Capvis buys Business Systems Integration
GP deploys capital from Capvis Equity V, which held a final close in September 2018 on €1.2bn
Global Brain extends series-A for Element Insurance
Global Brain is investing from its SFV GB Fund, a joint venture between Sony Financial Ventures and Global Brain Corporation
Bid acquires Pisa Sales
Bid is expected to merge Pisa with portfolio company Infopark, which it acquired in August 2020
Vangionen Capital backs Guenter Hofstetter
Vangionen is acquiring the company following its filing for bankruptcy at a court in Heilbronn in June
Waterland's Beck Et Al buys InfoWan
IT cloud service group now comprises four businesses and was formed by Waterland in May 2020
CVC's Syntegon sells Viersen-based operations to trade
CVC acquired Syntegon Technolgy in a carve-out from Robert Bosch in 2019 via its seventh fund
Adiuva-backed Konzmann acquires Trenker
Building services provider has made 12 add-ons since Adiuva Capital first invested in 2016
DACH venture and growth deals reach volume high in H1 2020
Growth and VC deal volume exceeded that of all previous half-yearly figures, although average deal size and fundraising activity declined
Deutsche Beteiligungs AG acquires Multimon
Acquisition of the fire safety systems provider is the first from the GP's €1.1bn eighth fund
Advent buys 30% stake in Aareon
Deal gives the property software company an EV of €960m, with Advent's stake valued at €260m
Debt funds making inroads in DACH amid Covid-19, says GCA
GCA's Mid Cap Monitor shows that debt funds financed 71% of German LBOs in H1 2020, with the firm expecting an activity uptick in Q4
Occident leads CHF 5.1m series-A for Hemotune
Also backing the biotech startup were the Zürcher Kantonalbank and Greencross Medical Science Corp
VCs in €5m round for Klima
EVentures, 468 Capital and HV Holtzbrinck back the round for the climate change mitigation app
La Famiglia announces second fund
B2B-focused venture capital fund has made eight investments so far and is targeting €50m
Unquote Private Equity Podcast: Made in Germany
This week, the Unquote Podcast focuses on Germany, where private equity activity has remained resilient despite Covid-19
HQ Equita buys majority stake in Muegge
Microwave components producer was acquired from its parent company Meyer Burger Technology