DACH
DBAG net income drops to €12.6m from €27.7m
Listed private equity firm Deutsche Beteiligungs AG reports a decline in net income
VCs invest $17.5m in Teralytics
Investors back Zurich-based transport analytics firm Teralytics to foster expansion abroad
DPE acquires Stromberg
DPE acquires surface protection specialist Stromberg as a bolt-on for its portfolio company
Nordic region sees highest entry multiples for sixth quarter running
Q2 edition of the Clearwater International Multiples Heatmap finds a slight cooldown across Europe, though the average multiple still exceeds 10x
BlackRock et al. in €25m series-C for Scalable Capital
Existing investors BlackRock, Tengelmann Ventures and HV Holtzbrinck Ventures participate
Battery Ventures buys Quantifoil Micro Tools
Battery Ventures has created the buy-and-build platform Sample Preparation Technologies
Acceptance threshold for KKR's Axel Springer bid exceeded
KKR has formed a consortium with the Springer founding family and its CEO to acquire the publisher
Anacap exits Heidelpay to KKR
Throughout Anacap's holding period, Heidelpay completed seven bolt-on acquisitions
Apax buys Adco
GP sees off competition from Core Equity Holdings, EQT Partners and Triton Partners
Nordic Capital shelves GHD GesundHeits sale - report
Nordic Capital has halted a sale process for homecare company GHD, which involved PAI and CD&R
Adcuram acquires Garbe
Industrial holding company Adcuram has acquired five entities under the Garbe Gruppe
EQT to sell Charleston
EQT acquired Charleston in 2014 and made nine bolt-on acquisitions throughout its holding period
AP Ventures et al. invest €17m in Hydrogenious
AP Ventures and several corporates have invested €17m in the hydrogen carrier company
Gilde exits Powerlines to trade
Gilde Buyout Partners acquired a majority stake in Powerlines from Invest Equity in 2008
Winona exits sports fashion retailer KJUS
Winona Capital invested in the Switzerland-based ski and golf apparel company in 2013
Gimv to sell Thinkstep to trade
Gimv first invested in the company's €8m financing round in 2010 alongside Next47
Paragon closes fourth fund on €780m
2014's The Paragon Fund II closed on €412m and is fully deployed, making its last investment in July
Gimv, Sofinnova, Gilde exit Breath Therapeutics for €500m
Gimv and Sofinnova Partners co-led a 2017 €43.5m series-A for Breath Therapeutics, with participation from Gilde Helathcare
Visionaries Club holds double close on <€80m
Debut funds for new Berlin-based VC Visionaries Club approach their hard-caps with family offices as LPs
Waterland's Median Kliniken bolts on Eschenburg, Rhein-Reha
Waterland has owned Median Kliniken since 2014 and has now bolted on 21 companies
Lakestar leads $70m series-C for Sennder
Accel, Next47, H14, HV Holtzbrinck Ventures, Project A and Scania Growth Capital all take part
Paragon acquires Pro Optik
Optical retail chain Pro Optik is likely to be Paragon III fund's first acquisition
VCs exit Understand.AI to trade
Germany-based trade buyer DSpace has acquired autonomous driving software company Understand.AI
N26 receives investment of $170m in series-D extension
Tencent Holding and Allianz X have invested in the series-D funding round extension