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DACH unquote

Quarterly DACH buyout activity
Quiet start to 2017 for DACH buyouts following Q4 flurry

Number of large German deals saw the DACH region outpace its European neighbours at the end of 2016, in terms of aggregate value

  • DACH
  • 27 February 2017
Finger food and breaded snacks
Ardian sells Frostkrone to Emeram

French GP exits its stake in the German forzen foods manufacturer after a four-year holding period

  • Buyouts
  • 24 February 2017
Healthcare and rehabilitation
PE-backed Rad-x bolts on Acura

Deal marks the second bolt-on for the business, following the acquisition of Swiss diagnostic imaging provider IRD

  • Portfolio management
  • 23 February 2017
Hospital scanning equipment for oncology and radiology
Cinven's CeramTec acquires UK Electro-Ceramics from Morgan

£47m deal for the technical ceramics business marks the second bolt-on for CeramTec under the GP's tenure

  • Portfolio management
  • 23 February 2017
Bidders line up for quality assets
Mosaic and Ribbit lead €5.5m series-A for Bonify

Two VCs join existing backers Index Ventures, DN Capital and HW Capital

  • Early-stage
  • 23 February 2017
Fundraising in Swiss francs
BioMedPartners hits CHF 75m first close for third fund

Healthcare-focused GP expects to reach a final close by early 2018

  • Funds
  • 23 February 2017
Metal presses and casting group LMCS
Altor’s Norican bolts on Auctus-backed LMCS

Deal sees Auctus fully exit its portfolio company after a two-year ownership period

  • Portfolio management
  • 22 February 2017
Fundraising in euros
Project A closes second fund on €140m

Figure raised by the VC for its second vehicle is 75% higher than the total raised for its maiden fund

  • Venture
  • 22 February 2017
Fundraising in euros
Partners Group holds €1.5bn first close for direct investment fund

Buyout firm acquired French pharmaceutical group Cerba HealthCare for €1.8bn from PAI Partners earlier this year

  • Buyout
  • 17 February 2017
2015 was a mixed bag for southern Europe and has bestowed an air of caution among its private equity practitioners looking ahead
DACH GPs hunt for value following fundraising bonanza

With strong fundraising activity in the region, GPs must now find value in a challenging market

  • Fundraising
  • 14 February 2017
Sports supplements market shows healthy signs of growth
HQ Equita acquires Well Plus Trade

Buyout house secures a majority stake in the German producer of protein-based sports nutrition

  • Buyouts
  • 13 February 2017
Marketing agencies and creative design firms
KKR successful in GFK share purchase

Private equity giant will now have a say in trying to turn the German market research business around

  • Expansion
  • 13 February 2017
Chinese investments in the US and Europe
AGIC Capital hits final close on $1bn for debut fund

Maiden Sino-European buyout fund started fundraising in March 2015

  • Funds
  • 10 February 2017
Brain surgery and neurostimulation
Forbion, Seroba co-lead €29m series-B for Prexton

Backers include existing investors Merck Ventures, Ysios Capital and Sunstone Capital

  • Early-stage
  • 09 February 2017
People moves and promotions
Unigestion acquires Akina in $6bn AUM merger

Merged group will have $6bn in assets under management and will trade under the Unigestion brand

  • GPs
  • 08 February 2017
Construction checks and health & safety
Capvis acquires Wer Liefert Was from Paragon Partners

Deal marks fourth investment in Germany for the GP's 2013-vintage vehicle Capvis Equity IV

  • Buyouts
  • 06 February 2017
Luxury and designer watches
Bregal buys Swiss watches and jewellery retailer Embassy

Deal marks the sixth investment overall and the second in Switzerland for the GP

  • Buyouts
  • 02 February 2017
Shock absorbers and other auto parts
Deal in Focus: Hannover Finanz backs PWK’s MBO

An in-depth look at the GP’s acquisition of the German auto parts producer market

  • Buyouts
  • 02 February 2017
Fundraising in euros
Akina closes Euro Choice VI on €410m

Fund previously held interim closes on €180m and more than €200m before the final close

  • Fund-of-funds
  • 01 February 2017
Claus Benkert of KKR
KKR Capstone hires Benkert as head of Europe

Former McKinsey executive will boost KKR’s investment activity in Europe

  • People
  • 01 February 2017
Website design and hosting services
Fidura sells Webfactory via trade sale

GP sells its stake in the German software business after 10-year holding period

  • Exits
  • 31 January 2017
Coronary medicine
KPN leads €5m seires-B for Personal MedSystems

Backers include German lender NRW Bank, Seventure and High-Tech Gründerfonds

  • Early-stage
  • 31 January 2017
Software developers and programming tools
Insight Venture leads $165m series-B round for Tricentis

Deal is understood to mark an exit for existing investor Viewpoint Capital Partners

  • Expansion
  • 30 January 2017
Accounting software and business resource management
Thrive Capital leads €30m series-C for Raisin

Venture round saw existing investors Ribbit Capital and Index Ventures participate

  • Expansion
  • 30 January 2017
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