DACH
Gimv acquires Smart Battery Solutions
Gimv typically invests between €5-50m in companies with enterprise values of up to €200m
New investor Fond Of contributes to HTGF III
HGTF's third vehicle, High-Tech Gründerfonds III, held its final close on €316.5m in May 2018
Ekkio backs Mediliant
Mediliant is the fourth investment completed via Ekkio Capital IV, closed in May 2018
Ardian acquires Sintetica
In 2018, Sintetica reported revenues of CHF 75m, up from approximately CHF 60m in 2017
BM-T exits Hasec in trade sale
Scanfil has wholly acquired Hasec for €10.25m worth of Scanfil shares and liquid assets
Entry multiples heating up further in Q1 – research
Average value for PE-backed transactions increased by nearly 15% versus Q4 2018, says Clearwater
DMH acquires WT Systems
WT Systems filed for insolvency in February 2019 and Scultze & Braun was appointed administrator
One Peak Partners et al. invest €15m in Quentic
One Peak Partners and Morgan Stanley Expansion Capital invested €22m in Quentic in 2017
Unquote Private Equity Podcast: Sector selectors
Listen to the latest episode of the Unquote Private Equity Podcast, in which the team discusses sector specialisation strategies
Impact investment demand outstripping supply – research
LP demand is high but met with a lack of high-quality offerings, according to a Rede survey
Consortium invests in seed round for Kiutra
High-Tech Gründerfonds writes equity tickets of €500,000-3m and Apex Ventures invests €500,000
Oakley set to close fourth fund on €1.4bn hard-cap
Vehicle was registered in Luxembourg in September 2018 and held a first close earlier in the year
LGT closes Crown Co-investment Opportunities II on $1.3bn
Closed-ended vehicle that focuses on co-investments in Europe, the US and Asia, was oversubscribed
Auctus buys QuinScape with new fund
QuinScape plans to implement a buy-and-build strategy and will geographically expand
EQT, ADIA to acquire Nestlé Skin Health in CHF 10.2bn deal
Auction process saw KKR, a consortium of Advent International and Cinven, and Unilever as bidders
MIG in $25m series-C for Cynora
Investors include family office Wecken & Cie, SBI, Dboled and SRF Partners Group
All eyes on venture as corporates and PE swoop in
Up to 17% of venture investments in 2018 saw the backing of an investor based outside Europe
H&F, Blackstone's offer for Scout24 rejected by shareholders
Scout24's management and supervisory boards supported the consortium's offer of €46 per share
SHS invests in Betterguards
Betterguards is SHS's third investment from SHS V, which held its first close in 2018 on €90m
Q1 Barometer: Price mismatch knocks dealflow
European buyout activity fell to its lowest point since Q1 2016 in the first quarter of 2019, but a large-cap rebound bolstered aggregate value
VCs exit Greenergetic
Innogy's owner, RWE, first became invested in the company in 2015 and invested again in 2016
Yabeo-backed CommitMed merges with Prosenio
Prosenio, the merged company, will generate more than €16m in sales and will employ 60 people
Arcus Capital, BE acquire Sendmoments
Management has retained a 35% stake, BE has taken a minority stake and Arcus has taken the majority
Buy-and-build drives consolidation in DACH
Last year saw the second highest volume of bolt-on deals in the DACH region in the post-2008 era