DACH
Golding closes buyout co-investment fund on EUR 273m
With 18 deals already in the new fund's portfolio, GP plans successor vehicle for next year
The Bolt-Ons Digest – 14 December 2022
Unquoteтs selection of the latest add-ons, including CVC's Stark Group, Bridgepoint's Kereis, EQT's Open Systems, and more
Hg to exit Transporeon in EUR 1.88bn sale to trade
Deal with US-listed Trimble sees German transportation software group double in value since 2019 buyout
Speedinvest raises EUR 500m for fourth flagship vehicle; closes climate fund on EUR 80m
New structure investing across sectors allowed the Austrian VC firm to attract larger LPs to the new generation of funds, managing partner Oliver Holle tells Unquote
Large LPs among most concerned about denominator effect – Coller Capital
As the stock market slump slows down their PE commitments, LPs are set to increase use of the secondaries market to balance allocations
EQT moves SHL Medical stake into long-term strategy fund
Family office ATHOS is co-investing in the deal, which sees the Swiss drug autoinjector group exit EQT VIII
Unigestion's de Dardel to succeed Frick as CEO
Head of private equity Christophe de Dardel takes up the role after 22 years with the Swiss asset manager
Cavalry Ventures holds EUR 100m first close for third fund
Seed and early-stage fund has a EUR 160m target and plans to back 30-35 software startups
Female Founders plans final close for EUR 20m debut fund in Q3 2023
Vienna-based VC investing in women-led teams held first close on EUR 12m in October
AlbaCore Capital Group holds EUR 2.2bn final close for third flagship fund
Fundтs recent focus has been senior secured deals for companies seeking financing amid a tough credit market
Cinven and OTPP to invest in dogado via group.ONE
Triton will exit German web hosting provider after growing revenues to EUR 120m from EUR 2m
Placement agent Asante expands to Munich
Advisory firm’s first office in continental Europe will be led by director George Lyons
IK exits Studienkreis in sale to edtech unicorn GoStudent
German centre-based tutoring provider will operate independently and under its current management while synergies with new owner are identified
DBAG sees NAV drop 15% amid market uncertainty
After fall at the end of its financial year, the GP expects valuation of its investments to recover with double-digit percentage rises in next three years
Adams Street raises USD 1.1bn for 2022 Global Fund Program
Latest co-mingled vehicle is around a third larger than previous two programmes in the series
Earlybird opens London office to step up UK and Ireland deployment
Germany-based VC firm plans to invest 15-20% of its latest EUR 350m Digital West fund in the region
Strategics pull back from PE sales as macro uncertainty bites
Share of trade exits hits lowest point in three years as corporates shore up balance sheets to navigate economic woes
World Fund on track for debut climate tech fund final close in 2023
Vehicle has received a тbig-ticket investmentт from an undisclosed European institutional LP; targets EUR 350m
Motive bolsters VC arm with embedded/capital acquisition
Recently created practice supported by USD 200m fund gets a foothold in Berlin
ABB e-mobility private investors could become IPO cornerstones
Private placement backed by family offices seen as intermediate step ahead of a listing next year
Women in PE: Triton's Meier-Kirner on deploying in times of crisis and resisting herd mentality
Pan-European sponsor aims to back undervalued businesses and those with structural tailwinds using learnings from past crises
MML-backed Roboyo to hit German auction pipeline in 2023
Canaccord will advise on sale process for German automation and IT consultancy group
Sponsors ponder ESG questions as EU Taxonomy spurs gas, nuclear funding flow hopes
Framework gives green light to deals in the sector but LP accountability could stymie potential investments
Copper Street gears up to raise first closed-end fund in 2023
UK sponsor will target EUR 150m-200m for financial services specialised vehicle towards the end of next year