DACH
HCS sells AGO to RheinEnergie
Sale ends a six-year holding period for HCS and was conducted via a competitive auction process
Paragon buys Castolin Eutectic
Acquisition of the industrial equipment protection and repair specialist is Paragon's first in 2020
Market braces for 12.6% drop in valuations by Q2 – report
NAVs expected to drop for Q1, with a steeper mark-down for Q2 as the crisis take its toll
Q&A: SHS's Alilovic on healthtech investing
New managing partner Sascha Alilovic talks to Unquote about the healthtech investor's plans
Maxburg Capital Partners buys stake in Saracus Consulting
GP deployed equity from its third fund to acquire the Germany-based IT consultancy
GP profile: Silverfern
Managing directors Robert Spittler and Alexander Zucker discuss the strategy for the new fund and the GP's track record
CGS-backed EoL bolts on BSM Maschinenfabrik
GP is seeking add-ons in the packaging sector since acquiring Germany-based A+F in 2017
SHS appoints Sascha Alilovic as managing partner
Alilovic has been a partner at SHS since 2018 and will succeed SHS founder Reinhilde Spatscheck
Sapphire Ventures leads $30m series-C for Adverity
Round for marketing analytics platform is more than doubles the capital raised in its April 2019 round
Unquote Private Equity Podcast: Fund financing in a fix
The Unquote team looks at how PE managers are turning to fund financing in a bid to shore up their portfolios
Consortium backs series-B for Leon-Nanodrugs
Investors in the biotechnology company comprise VCs and corporates, including new investor BayBG
Lingfeng Capital leads CHF 14m series-B for Crypto Finance
Switzerland-based cryptocurrency firm mandated PwC to seek new investors for the funding round
Accel, Founders Fund back €61.6m series-B for Trade Republic
Round for the mobile broker is the fifth largest venture capital round in the DACH region in 2020
KKR expects lower valuations for its portfolios due to Covid-19
GP forecasts that emergency restrictions will challenge its ability to market new funds and strategies
Index Ventures et al. back $65m series-C for Taxfix
Index Ventures has backed a $65m series-C round for tax filing application Taxfix, with participation from existing investors Valar Ventures, Creandum and Redalpine.
EC launches €300m platform Escalar
In its pilot phase, Escalar will provide up to тЌ300m, backed by the European Fund for Strategic Investments
Wellington Partners makes seed investment in Sirs Therapeutics
Life science and technology investor Wellington is the majority owner of the early-stage company
Bayern Kapital, Main Incubator back seed round for Scompler
Marketing and content management firm will further develop its software platform
Duff & Phelps expands DACH-focused team
Demian Köster joins the firm from Metro Germany, while Klaus-Martin Haussmann joins from Rödl & Partner
Crescent European Specialty Lending Fund II closes on €1.6bn
CESL II invests in a diversified portfolio of private secured debt issued by European companies
Secondaries players hold fire despite copious dry powder
Market is likely to pause until Q2 2020 valuations are released, potentially leading to a flurry in Q4
Blockchain Valley Ventures gears up for new fund launch
Swiss venture and advisory firm BVV backs companies in the blockchain and emerging fintech space
Silverfern holds first close for SGO Fund III
GP expects a final close in 2020 and sees market opportunities in spite of the coronavirus pandemic
Maxburg acquires Metoda from Bayern Kapital, HTGF, TEV
VCs exit the technology business having first invested in it in 2014