Newly established Germany-based GP Maguar Capital has entered into exclusive negotiations to acquire Freiburg-headquartered software company HR Works, according to a report from Unquote sister publication Mergermarket.
Allßequitz backing for the heart pump developer also comes from Beteiligungsmanagement Thüringen
Deal is VC's sixth investment from its Deep-tech Fund
GP is currently investing via its Partech Entrepreneur Fund III and Paris Saclay Seed Fund
Fund targets European companies with expansion and growth plans in the Chinese market