DACH
VCDE, Time for Growth sell Brille24 to Essilor
Time for Growth invested in international expansion and technology over the holding period
Target Partners leads $3.1m seed round for Corrux
Software provider is operating some pilot projects with construction companies in Germany
Unquote Private Equity Podcast: Dual speed ahead
Listen to the latest episode of the Unquote Private Equity Podcast, in which the team navigates the bifurcation in private equity fundraising
Hg-backed STP acquires WBDat
Hg acquired a majority stake in STP in 2016 via its lower-mid-market Mercury Fund
Valar Ventures leads $28m round for Cluno
Existing investors Atlantic Labs and Acton Capital Partners also participated in the round
Silverfleet appoints Quadriga's Sommer in Munich
Sommer joins from Quadriga Capital, where he was a director for buyout investments in the DACH region
Altor launches DACH office
Altor recently held the final close of its Altor Fund V on its hard-cap of €2.5bn
Hg-backed Noventic bolts on Ch. Mittendorf and Neotech
Hg retained a minority stake in Noventic after the sale of its portfolio company Qundis
US investors eye European first-time funds
Maiden fundraises are maintaining momentum, with US institutional investors increasingly drawn to such vehicles
Ardian hires Friedrich to join buyout team
Alexander Friedrich joins from Quadriga Capital, where he led the services and software sector teams
Gyrus signs first deal with DowDuPont carve-out
Just four months after being launched, Gyrus Capital has signed the complex carve-out of DuPont Sustainable Solutions
Index, Ribbit and Thrive in $114m series-D funding round for Raisin
Index Ventures first invested in a series-A funding round for the company in 2014
Speedinvest launches third venture fund
Speedinvest III has a target of €175m, exceeding Speedinvest II's final close on $100m
Connexio acquires Rosenberger Restaurant
Rosenberger Restaurant went into a restructuring process in December 2018 and one site has closed
Q4 Barometer: European deal volume sets new annual record
Despite a slowdown in the final quarter of the year, private equity activity reached an all-time high over the course of the year
Freitag promotes Prüfer to managing partner
Prüfer spent time at Macquarie and HBA-Consulting before joining Freitag & Co in 2011
Halder sells Wback to trade buyer
Halder is currently divesting from its 2009-vintage restructured Halder Germany II fund
Main Capital-backed GoConnectIT bolts on Swiss Knife
Main Capital's portfolio company makes second acquisition since the firm bought GoConnectIT in 2017
Pride Capital provides first mezzanine loan after spin-out
Mezzanine loan provided to Coyo is Pride Capital's first since its spin-out from Main Capital
Jacobs Holding sells down stake in Cognita
BDT Capital Partners and Sofina have taken minority stakes in the international school group
LBO France-backed My Media Group bolts on Peak Ace
My Media Group has been considering targets in France, Germany and the UK since July 2018
Orkila Capital invests €15m in Cannamedical
Orkila invests for a minority stake, while founder David Henn will retain a 60% stake
MPEP launches fund-of-funds
First time the fund-of-funds manager has widely marketed its programme to external LPs
Goodwin hires Latham & Watkins' Klenk
Goodwin hires private equity and M&A lawyer Gregor Klenk as a partner in its Frankfurt office