
Digital+ Partners holds €131.5m first close
Munich- and Frankfurt-based technology investor Digital+ Partners has held a first close for its debut vehicle on €131.5m.
The GP was founded in 2015 with the goal of providing growth capital to German technology companies. Last year it led a series-C round for Orderbird, a German developer of iPad-based point-of-sale systems.
Investors
Institutional investors Deutsche Börse Group and Zeiss both committed to the fund. Deutsche Börse Group invests via its venture capital arm DB1, set up in June 2016 with the goal of supporting the German fintech sector.
Investments
The fund will target established technology companies seeking initial investments of €5-25m, rising to €20-30m in further rounds with an investment horizon of five years. According to press reports, the portfolio includes Movingimage, Orderbird, CSID, Joulex, relayr, Trema, and Ultimaco.
People
Digital+ Partners – Patrick Beitel (partner), Thomas Jetter (partner) Axel Krieger (partner), Dirk Schmücking (partner).
Latest News
Stonehage Fleming raises USD 130m for largest fund to date, eyes 2024 programme
Multi-family office has seen strong appetite, with investor base growing since 2016 to more than 90 family offices, Meiping Yap told Unquote
Permira to take Ergomed private for GBP 703m
Sponsor deploys Permira VIII to ride new wave of take-privates; Blackstone commits GBP 200m in financing for UK-based CRO
Partners Group to release IMs for Civica sale in mid-September
Sponsor acquired the public software group in July 2017 via the same-year vintage Partners Group Global Value 2017
Change of mind: Sponsors take to de-listing their own assets
EQT and Cinven seen as bellweather for funds to reassess options for listed assets trading underwater