DACH
PE still hungry for retirement homes, but infra funds loom
Eight deals were completed in the retirement homes sector across Europe in 2019, above the annual average of five since 2014
Gimv buys majority stake in Köberl Group
Deal marks the second DACH region investment in Gimv's Sustainable Cities platform
PMG MittelstandsGruppe buys majority stake in GDS
GP invested in the clamping tool manufacturer as part of a succession plan for the company
Bain-backed Fintyre Germany for sale in insolvency proceedings
Tyre retail group is up for sale with PwC advising, following the insolvency of several subsidiaries
Auctus acquires Georg Parlasca Keksfabrik
Georg Parlasca will remain in charge of operations and strategy as managing director
Unquote Private Equity Podcast: DACH fundraising special
The Unquote Private Equity Podcast hosts Paul Tilt and Harriet Matthews to discuss the findings of the latest DACH Fundraising Report
DACH Fundraising Report 2020
DACH private equity fundraising was in rude health in 2019, with 26 funds securing a combined €13bn across all strategies for the region
DPE sells stake in PharmaZell to Bridgepoint
Deutsche Private Equity invested in the company in 2013 and began the sale process in August 2019
Heal Capital names Weber as managing partner
Eckhardt Weber will manage the firm along with managing director Christian Weiß
Reiff Reifen files for insolvency
Bain's tyre wholesale and retail group European Fintyre Distribution bought the company in 2017
Q4 Barometer: Continued buyout bonanza tops record-breaking year
Private equity investors completed 807 deals in Q4 2019, tipping the year into record-breaking territory
KKR closes Global Impact Fund on $1.3bn
Fund targets lower-mid-market companies in the Americas, Europe and Asia, which contribute to sustainable development
Nord Holding-backed Ruf Group buys Bruno
GP invested in the bed retailer in 2016 and Bruno is the company's first add-on acquisition
DBAG-backed STG to buy majority stake in IMD
Third add-on for the telecoms service is subject to competition authority approval
2020 Outlook: DACH buyout volume stalls amid macro uncertainty
Overall dealflow plateaued, with just one buyout more recorded in 2019 compared with 2018
PartnerFonds sells MusikProduktiv to trade
GP invested in the company in 2015 and increased its stake to 60% in December 2017
EQT, Omers buy Deutsche Glasfaser from KKR
Company has a reported enterprise value of €2.5-3bn and will merge with EQT portfolio company Inexio
Cerberus sells Covis Pharma to Apollo
Sale ends a nine-year holding period for the GP, which built Covis through a series of acquisitions
Consortium in CHF 23m series-C for Lunaphore
Fresh capital will be used for market and product expansion in the US and Europe
Mercer closes Private Investment Partners V on $2.7bn
PIP V consists of a US vehicle for US investors and a Luxembourg vehicle for non-US investors
Novacap and CDPQ back Eddyfi
Eddyfi has used the financing to assist with the acquisition of Germany-based market peer NDT Global
Mutares-backed Balcke-Dürr buys Loterios
Acquisition of the Italy-based pressure equipment manufacturer is the fourth add-on since 2016
Direct lenders eye secondaries market for first-gen funds
Several European direct lenders are speaking to secondaries advisers about running processes on older vintage funds
VR Ventures announces €40m first close for debut fund
Fund is backed by banks including Berliner Volksbank and will focus on financial and property technology