DACH
Halder buys Drumag Fluidtechnik and EPH Elektronik
Investment in the group is the second of Halder VI fund, which closed in January
Unquote Private Equity Podcast: Cloudy with a chance of slowdown
Listen to the latest episode of the Unquote Private Equity Podcast, in which the team discusses H1 stats and looks ahead
Thayer, ZKB lead $45m series-B for Beekeeper
Existing investors participate in the round for the communications technology company
Serafin backs Covestro carve-out
Covestro says the decision was part of its ongoing portfolio optimisation process
Permira-backed TeamViewer IPO oversubscribed
TeamViewer announced its intention to float at the end of August, and recently set a pricing range
VC firms invest in $40m series-B for Anokion
Anokion simultaneously announces the acquisition of US-based counterpart Kanyos Bio
DBAG ECF buys STG Braunsberg
This is the seventh buyout from DBAG ECF, which raised an additional €97m for its second new vintage in 2018
Secondaries volume up 25% in H1 – research
Setter Capital's latest research reveals a sizeable uptick in private debt deals, though private equity secondaries still dominate the market
Former KKR director Preuss joins ICG
Based in Frankfurt, Martin Preuss will be responsible for investments in the DACH region
Frog invests $10m in Sellics
Frog holds a 16% stake in the company, corresponding to a post-money valuation of $62m
Summit invests $40m in ProGlove
Summit Partners has taken a minority stake in the industrial wearables manufacturer
Fidelium buys Mühlhoff Umformtechnik
Fidelium draws capital from its €103m Fidelium Special Situations Fund, a vehicle set up in 2016
Hannover Finanz-backed Biesterfeld buys Lindberg & Lund
Hannover Finanz first invested in Biesterfeld in 2011 in the form of a silent partnership
LSP leads €10.5m series-D for Xeltis
Life Sciences Partners first invested in the medical devices company in 2014
VC-backed ADC Therapeutics announces IPO
Plans to raise $150m through the offering and use the proceeds to advance its clinical trials
GP-stake sales controversial among LPs
LPs are naturally reticent about their GPs selling stakes in themselves, as emphasis to boost profits from management fees strengthens
Aurelius Growth Capital acquires Marcus Transport
Acquisition of the family-owned business was made as part of a succession agreement
Buying and building the modern school
Investments in European private schools and colleges have proven enriching for PE over the past two decades
Ardian files fraud complaint against Weber family shareholders
Ardian has filed a fraud complaint against the Weber family, who are shareholders in Weber Automotive
Trilantic Europe's Oberberg makes two acquisitions
Trilantic's portfolio company, mental health clinic group Oberberg, bolts on Panorama and Jägerwinkel
DACH's H1 dealflow remains steady but fundraising lull looms
Private equity activity remained steady in the region in H1 2019 with 223 deals, but only one fund was launched
ICG appoints Muzinich & Co's Beinker to managing director
In her new role, Beinker will cover new clients and support the existing client base
VCs in $16.5m series-B for Bestmile
Existing investors Partech and Groupe ADP also re-up in the transportation software company
Kleiner Perkins leads $16m series-A for Inkitt
Redalpine, HV Holtzbrinck Ventures and Earlybird have also invested in the publishing platform