DACH
StepStone closes fourth secondaries fund on $2.1bn
SSOF IV's investment strategy focuses on the inefficient segments of the secondaries market
Callista acquires ETM from BOS
Callista intends to continue the strategic repositioning of ETM and to expand its customer base
Investcorp acquires Avira for $180m
Deal is the seventh from Investcorp Technology Partners IV, which held a final close on $400m in December 2018
Q&A: Cambridge Associates' Featherby on PE's time to shine
Very few managers will have net benefited from this crisis, says Featherby, but PE could still showcase its ability to outperform
Family Trust Investor buys AlphaQuest
Investment in IT consultancy firm is the third from the Munich-based GP's debut fund
EQT enters exclusive negotiations to acquire Schülke
Sale process saw EBITDA adjustments due to the hygiene product company's increased revenues
Xpension raises €25m series-C round led by HPE Growth
Company has raised more than €50m in funding so far.
Patrimonium holds €100m first close for debut fund
GP aims for final close within 12 months, despite the ongoing impact of Covid-19
Insight Partners XI closes on $9.5bn
Fund deploys equity tickets in the $10-350m range in startups operating across the software industry
Ufenau buys majority stake in Ikor
Investment in the Hamburg-based digitalisation consultancy is the second from Ufenau VI
The Deals Pipeline
A fortnightly highlight of deal processes underway and involving PE, either on the buy- or sell-side, across Europe
Welcome aboard: PE recruitment amid coronavirus
PE-focused recruiters and some GPs themselves are figuring out ways to progress recruitment processes, but challenges remain
VC, growth activity collapses in March amid Covid-19 outbreak
European VC and growth capital dealflow was no more sheltered than its buyout counterpart
Quantum-backed Postcon sells subsidiary Pin
GP originally acquired the Germany-based postal service operator from PostNL in 2019
Unquote Private Equity Podcast: Covid-19 special
The team gathers for its first remote podcast, discussing how the early stages of the outbreak have disrupted the European PE landscape
C Ventures leads series-A for Agile Robots
AI-backed robot and robotic software developer plans to use the fresh capital to develop its product
DBAG-backed Vitronet buys Telewenz
Bolt-on of cable installation market peer is subject to competition authority approval
Tech, business services power through amid Covid-19 rout
Of the 53 deals seen in March, 28 came from technology and business services
Debut managers to face daunting fundraising market in 2020
Debut managers out to market are unlikely to hold closes in 2020, and very few new teams are likely to launch funds
Deimel joins YielCo from SwanCap
Manuel Deimel will take on the role of head of co-investments, having spent six years at SwanCap
VC Profile: Speedinvest
Seed investor is opening a new office in Paris as part of the expansion of its pan-European platform
Several funds seeking to close in H1 face delays, says Cebile
LPs' reluctance to commit is likely to lead to a number of delays come Q2
Turnaround funds eye European companies hit by Covid-19
Turnaround players have raised at least $5bn overall in Europe in recent years
Bain & Company appoints new DACH head of PE
Alexander Schmitz will take over the role from Rolf-Magnus Weddigen from 1 April 2020