DACH
Ufenau buys majority stake in Matrix Technology
Deal is Ufenau's second in the IT service sector in 2020, following its investment in Ikor in April
Gyrus Capital hires two
Healthcare-focused GP was launched in early 2019 by former Argos Wityu partner Guy Semmens
DACH venture capital looks for a new normal
Although dealflow in the DACH VC market has remained fairly strong, deals have shrunk in average size, and uncertainty lingers
Genesis Capital launches €150m fund
GPEF IV will focus on investments in small and medium-sized companies with high growth potential
VCs exit UltraSoc to Siemens
Previous investors include Seraphim, Indaco, Octopus Ventures, Oxford Capital and eCapital
Waterland's Tineo bolts on Netrics
Consolidation strategy in the Swiss IT consultancy sector also saw Tineo acquire Nexellent in 2019
Mediobanca, Russell Investments launch third private market fund
Fund invests in secondaries, distressed assets and opportunities in dislocated industrial sectors
SwanCap nears final close for latest fund
SwanCap's private equity co-investment fund expects to close 20% above its €250m target
Video: Cambridge Associates' Marcandalli on impact investing moving centre stage
In a new instalment of Unquote's Lockdown series, Annachiara Marcandalli explains why it is unlikely that coronavirus will sideline impact investing
Left Lane, DN Capital back €8.3m round for GoStudent
Speedinvest backed a €1.5m round for the Vienna-based online tutoring company in July 2020
SHS appoints Jacqui as senior adviser
Heinz Jacqui has a medical technology background and will assist with SHS's investments in this area
Buy-and-building through the storm
Bolt-ons remain one way of deploying capital and building value, but a tough financing market and pricing mismatches make for a challenging landscape
Ardian appoints Erdland as senior adviser
Alexander Erdland has previously held roles including president of the German Insurance Association
VR Equitypartner increases stake in GMS Development
GP invested in the CRM software company in September 2015 and is now to acquire a majority stake
3i-backed Evernex bolts on Vitruvian's Technogroup
3i deploys €47m in capital, while Vitruvian rolls over a significant investment in the combined group
DEWB sells MueTec to trade
China-based Suzhou TZTek Technology is to acquire the company for €25m, according to a statement
Optum Vetures et al. back $26m series-B for Kaia Health
Idinvest and Capital300 also back the digital therapy platform, along with existing investors
BlackRock and ApoBank launch healthcare fund
BlackRock-managed fund aims to give ApoBank's institutional clients access to healthcare investments
HQ Capital closes Auda VIII on $750m
GP's latest fund-of-funds vehicle is its largest yet and is double the size of Auda VII
Aduram's Poggenpohl sold to trade
Deal has been approved by the company's creditors committee and is expected to close by the end of June
Providence in single-asset restructuring for HSE24
GP bought a majority stake in the shopping channel operator from Ardian in 2012 via its sixth fund
Schroder Adveq hires Unigestion's van der Kam to head secondaries
Van der Kam was co-head of secondaries at Unigestion and helped build the firm's secondaries platform
European fund closes slump by 42% amid lockdown
Unquote recorded 44 first or final closes of European PE funds between March and May, a 42% drop on the three-month average seen across 2019
Fly Ventures holds final close for second fund on €53m
Berlin-based VC will continue its focus on seed investments in enterprise software and "deeptech"