DACH
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
VCs sell Therachon to Pfizer for $810m
Pfizer will acquire Therachon for $340m with $470m in additional, conditional payments
Notion Capital leads $12m series-A for HeyJobs
Notion Capital typically leads funding rounds with a first investment of $3-5m in startups
KGAL to invest in private equity and expand investor base
KGAL has 72,000 investors from Germany, the UK and France, of which 211 are institutional investors
Quartum Kapital acquires Polywest
Quartum Kapital focuses on companies with turnovers of less than €50m in the DACH region
European direct lending up 9% but turbocharged growth wanes
Rate of growth in alternative debt deals slows from 32% in 2017, according to Deloitte's Alternative Lender Deal Tracker
Afinum exits Sinnex in trade sale
Afinum has already realised two investments from its Fünfte vehicle: CaseKing and D&B
Maxberg acquires Starface
Maxberg invests €10-100m in companies in the DACH region and has a total fund volume of €600m
Panakès Partners in CHF 9.5m round for SamanTree
Panakès Partners is using equity from its Fund I, which invests €5-6m in European startups
Sequoia, Spark Capital lead $47m series-C for Tourlane
Existing investors in Tourlane include NFQ Capital, DN Capital and HV Holtzbrinck Ventures
Unquote Private Equity Podcast: Karmic balance sheets
Listen to the latest episode of the Unquote Private Equity Podcast, in which the team discusses recent developments in the impact investment space
Capvis-backed Wer Liefert Was bolts on Gebraucht.de
Business angels including Peter Schmid, Kai Hansen, Marcus Börner and Jan Kemper were investors
Capiton Acquires GPE Group
GPE Group is the ninth company in Capiton V's portfolio, which includes BWTS and Ispin
IK-backed Schema acquires Tid Informatik
As a new wholly-owned subsidiary of Schema, the company will operate as an independent business
VC firms in $30m series-B for logistics specialist Freighthub
Maersk Growth, Northzone, Unbound, GFC and Cherry Ventures also take part in the investment
DBAG invests in Cloudflight
DBAG has co-invested approximately €8m from its balance sheet, for a 12% stake in Cloudflight