DACH
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
H1 Review: Cloudy with a chance of slowdown
With European deployment tapering in the first half, Unquote crunches the numbers and gauges market expectations for the months ahead
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
VC-backed Raisin buys retirement savings startup Fairr
Second add-on inked by Raisin this year, following the purchase of MHB Bank from Lone Star
HTGF et al. backs Zahnarzt-Helden
High-Tech Gründerfonds and Enjoy Venture have invested in the dental equipment procurement platform
Permira-backed TeamViewer announces IPO
Teamviewer only offering existing shares and expects the offering to be completed by year end
KKR to take Axel Springer private
KKR will draw equity from its European Fund V, which held its interim close on €4.7bn in April
DBAG buys Cartonplast from Stirling Square
GP deploys capital from its DBAG Fund VII, which held a final close on its €1bn hard-cap in 2016