DACH
PE-backed Navabi to be acquired by founders
Founders of the online fashion retailer are to buy back shares as the company undergoes restructuring
Unquote Private Equity Podcast: H2 Preview
The Unquote Podcast gathers the whole team this week to go over H1 statistics, look at early recovery signs and share insights from across Europe
VR Equitypartner invests in Aku
GP has acquired a minority stake in the industrial image processing technology business
ND Industrial Investments acquires EGo Mobile
Electric car producer was valued at €1bn prior to its self-administration filing in April 2020
SwanCap holds final close for Swan IV
Co-investment fund closed on €303m, surpassing its €250m target, and the GP has now launched Swan V
Multiples Heatmap: pricing ticks up as GPs flock to safe assets
Although dealflow was severely impacted by Covid-19 in Q2, average entry multiples actually went up given the scarcity of attractive opportunities
Silverfleet hires Prym as investment executive
Stephan Prym joins from Aplina Partners, marking Silverfleet's second DACH hire of 2020
Munich Private Equity Partners launches fundraising for MPEP IV
Fund targets €250m and is open to third-party investors following a €100m commitment from RWB Group
VC-backed IDNow acquires Wirecard Communication Services
IDNow intends to expand its customer service offering following increased demand in recent months
Pinova Capital invests in AT Automation Technology
Deal is the sixth from Pinova Fund II, which held a final close in January 2017 on €180m
GP Profile: Egeria
Hannes Rumer, a partner in Egeria's new Munich office, discusses the GP’s strategy and deal pipeline for the DACH region
Consortium backs €4.6m round for Neon
New investors in the Swiss banking startup were Helvetia Venture Fund and e-commerce company QoQa
Maguar Capital and co-investors acquire HRWorks
Aberdeen Standard Investments, EMZ Partners, Golding and LFPE are also backing Maguar's debut deal
CE Capital acquires Walter Hundhausen
Iron castings manufacturer filed for insolvency in May 2020, as did its parent company GMH Guss
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