DACH unquote
HTGF et al. in €2.6m Transcatheter Tech series-B round
High-Tech Gründerfonds (HTGF), Tubaflex Beteiligungs GmbH and others have backed a €2.6m series-B round for German biotech business Transcatheter Technologies, a developer of transcatheter heart valve technology.
DBAG reshuffles supervisory board
German mid-market listed investor DBAG has re-shuffled its supervisory board at its annual meeting this week, electing Wilken von Hodenberg as the new member succeeding Günther Langenbucher.
Reed Elsevier leads $10m series-B round for Babbel
Reed Elsevier Ventures has led a $10m funding round for German online learning business Babbel, which also attracted investment from IBB Beteiligungsgesellschaft, Nokia Growth Partners and Kizoo.
Gimv sells stake in Halder
Belgian private equity firm Gimv has handed back its stake in fellow German private equity house Halder to the GP.
PE-backed Bauwerk Parkett merges with Boen
Zurmont Madison Private Equity and EGS Beteiligungen's Swiss portfolio company Bauwerk Parkett AG has merged with Norway-based Boen AS to form the Bauwerk Boen Group.
Deutsche Beteiligungs AG acquires Stephan Machinery
Deutsche Beteiligungs AG (DBAG) has acquired German business Stephan Machinery, a manufacturer of food processing machinery, in an MBO valued at €40m.
PVP closes €3m series-A for CryoTherapeutics
Peppermint Venture Partners (PVP) has joined an investor consortium including High-Tech Gründerfonds (HTGF) in a €3m series-A round for German biotech company CryoTherapeutics.
German banking reform threat to private equity
The German government's draft proposals for banking reform, based on the Liikanen Report, are seen by many in the private equity industry as yet another threat from legislators, despite the unclear effect it may have on the asset class. Carmen Reichman...
Iris Capital leads reBuy round
French VC Iris Capital has led a funding round for Germany-based used products e-commerce website reBuy.
TA Associates invests in Onlineprinters
TA Associates has backed German printing business Onlineprinters.
ECM acquires Bergmann Automotive
Equity Capital Management (ECM) has acquired a majority stake in German industrial business Bergmann Automotive, alongside management and the company's family owners.
i4g and tecnet back VisoCon
Austrian private equity firm i4g and tecnet equity have invested in a seven-figure financing round for Graz-based technology company VisoCon GmbH.
b-to-v Partners leads funding for ondeso
b-to-v Partners has led a funding round for German IT security company ondeso, which also saw commitments from existing investors Bayern Kapital and High-Tech Gründerfonds (HTGF).
PE-backed Hofmann bolts on Posterjack
Hofmann, a Spanish photo album specialist backed by Realza Capital and Portobello Capital, has acquired German customised printing company Posterjack.
Iris Capital and Capnamic Ventures join forces
Iris Capital and Capnamic Ventures have entered into a partnership agreement to make early-stage investments in Germany.
HTGF, eCapital et al. invest €3.3m in Saperatec
A consortium led by eCapital entrepreneurial Partners and including High-Tech Gründerfonds (HTGF), Gründerfonds Bielefeld-Ostwestfalen, NRW Bank and a business angel, has invested €3.3m in German recycling business Saperatec.
CVC sells further shares in Evonik ahead of IPO
CVC and Rag Foundation have sold a further 4.6% stake in German chemicals business Evonik, reducing their stakes by around 6% each in total, ahead of a renewed attempt at listing the business.
DACH unquote” March 2013
Austria’s private equity scene could be on the verge of a mini-boom as January’s deal activity has already out-stripped the whole of last year’s first quarter.
N+1 launches investment banking activity in Germany
The N+1 group, which includes Spanish GP N+1, has teamed up with German professionals to launch M&A and debt advisory services in the local mid-market.
Battery and Hasso Plattner back GoEuro with seed funding
Battery Ventures has led a $4m seed round for German travel search platform GoEuro, which also attracted funding from Hasso Plattner Ventures (HPV) and business angels.
HTGF and K5 back Yorxs.de
High-Tech Gründerfonds (HTGF), K5 Ventures and a group of business angels have invested in German business Yorxs.de, an online portal for bulk diamonds and diamond jewellery.
Penta Investments opens Munich office
Penta Investments has opened an office in Munich and appointed Thomas von Werner as country managing director.
DMB acquires Wilhelm Stoll Maschinenfabrik
Deutsche Mittelstand Beteiligungen (DMB) has acquired German front loaders manufacturer Wilhelm Stoll Maschinenfabrik.
KKR sells BMG stake to Bertelsmann
KKR has sold its 51% stake in joint music venture BMG to co-owner Bertelsmann – a deal reportedly valuing the whole of the business at around €1.1bn.