DACH
Navigator-backed IT Competence Group to merge with Audius
GP sold a 51% stake in the Munich-listed IT service provider to market peer Audius in 2019
HQIB buys Zetcom Group majority stake
GP may consider add-ons for the Switzerland-based museum and collection management software company
Waterland buys Beck Et Al majority stake, forms new IT platform
GP will merge the company with Waterland VII portfolio companies Direkt Gruppe and Binary
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
EQT-backed SHL Medical buys Weibel CDS
EQT, via EQT VIII, acquired a minority stake in SHL Medical at the end of 2019
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
PE examines portfolio liquidity options as coronavirus halts dealflow
Managing financial and liquidity risk is front of mind as managers fret over the potential impact of a severe downturn
Secondaries: opportunistic buyers ready for fund stakes to hit market
With more sellers coming to market, prices are unlikely to stay at pre-Covid-19 heights, which could in turn encourage more opportunistic buyers
One Peak backs DataGuard with $20m investment
GP has taken a significant minority stake in the Germany-based data privacy software provider
Lone Star sells Isaria to Deutsche Wohnen for €600m
GP is selling the majority of Isaria's real estate project development platforms
HIG sells HCS Group's US oxo oils business
HIG has been building the chemical company since its acquisition of Haltermann Products in 2011
Perusa-backed restaurant chain Maredo files for insolvency
Germany-based steak restaurant chain cited financial problems due to coronavirus-related closures
Halder buys Sirag, Univer and Uniprod
Add-ons to the portfolio companies and Drumag and EPH will expand the buy-and-build Valeta Group
German VCs call for more Covid-19 startup support
Concerns centre around the profitability criteria, as well as local banks' lack of familiarity with startups' risk profile
King & Wood Mallesons appoints new counsel
Peter Polke will expand the firm's M&A and private equity practices, and joins at the start of April
Lilium raises $240m in series- C funding round
Aviation startup has so far raised more than $340m
Lead Equities to exit MCL to One Equity Partners
One Equity will wholly acquire the Germany-based IT service, ending an eight-year holding period
Waterland to buy Direkt Gruppe
GP will acquire the IT and business consultancy group subject to competition authority approval
The Deals Pipeline
A fortnightly highlight of deal processes underway and involving PE, either on the buy- or sell-side, across Europe
Annual Buyout Review: European momentum likely to be hit hard
Unquote's lastest Annual Buyout Review is now available to download, offering in-depth statistical analysis of European buyout activity in 2019
DBAG's Ding Group bolts on Iska Schön
GP is pursuing a buy-and-build strategy in the telecoms infrastructure sector