DACH unquote
CGS takes majority stake in Top-Werk Group
CGS Management has invested in the merger of SR-Schindler Maschinen Anlagentechnik GmbH and Prinzing GmbH Anlagentechnik und Formenbau, which together will form the Top-Werk Group.
Quadriga closes fourth fund on €529.1m
Quadriga Capital Beteiligungsberatung has closed its fourth fund on €529.1m after two years of fundraising.
HTGF et al. invest in Notion Systems
High-Tech Gründerfonds (HTGF) has led a financing round for Notion Systems, a German developer of inkjet, laser and automation equipment for technical applications.
DN Capital, MCI lead €15m round for windeln.de
DN Capital and MCI have invested in the latest and largest round for windeln.de.
DBAG backs MBO of Formel D GmbH
Deutsche Beteiligungs AG (DBAG) has invested in the management buyout of German support services company Formel D GmbH.
CVC places Evonik shares as IPO markets wake up
CVC is the latest GP taking a more flexible approach to exiting its businesses, selling a share in chemicals business Evonik to institutional investors in preparation for an IPO.
HTGF, Bayern Kapital et al. back crealytics
High-Tech Gründerfonds (HTGF), Bayern Kapital, LBBW Venture Capital, Mountain Super Angel and new investor BayBG have backed German technology business crealytics with a fresh round of funding.
Austrian private equity market gathers momentum
Austria’s private equity scene could be on the verge of a mini-boom as January’s deal activity has already outperformed last year’s first quarter.
KKR to sell BMG stake to Bertelsmann
KKR is reportedly about to sell its 51% stake in joint music venture BMG to co-owner Bertelsmann.
Ista sale to kickstart German large-cap activity
Charterhouse and CVC Capital Partners are expected to launch exit proceedings for German energy-metering firm Ista, amid speculation that German deal values could surge in the coming year.
HTGF and Bayern Kapital invest in Simscale
High-Tech Gründerfonds (HTGF), Bayern Kapital and a consortium of business angels have invested in Simscale, a German web-based engineering simulation platform.
LGT closes third secondaries fund on $2bn
LGT Capital Partners has held a final close for Crown Global Secondaries III (CGS III) on its $2bn hard-cap.
Permira and KKR sell €485m ProSiebenSat.1 stake
Permira and KKR have sold shares in jointly-owned German media giant ProSiebenSat.1 on the Frankfurt stock exchange for €485m.
HTGF backs linkbird
High-Tech Gründerfonds (HTGF) and six business angels have backed Berlin-based technology company linkbird.
Point Nine closes second fund
Berlin-based Point Nine Capital has closed its second early-stage venture fund, Point Nine Capital II, on €40m.
Deutsche Bank closes $614m secondaries fund
Deutsche Bank (DB) has closed DB Secondary Opportunities Fund II (DB SOF II) on $614m, above its $500m target.
3i-backed Trescal in Isocal bolt-on
3i's French portfolio company Trescal, an industrial calibration company, has acquired Austrian calibration service business Isocal GmbH.
DACH unquote” February 2013
German private equity is poised for a decisive year, awaiting both the implementation of the AIFM Directive and the election of a new chancellor and Bundestag, while struggling against the backdrop of Europe’s worsening economic outlook.
HIG invests in Austrian boarding school
HIG Europe has invested in Austrian boarding school St Gilgen International School (StGIS) with a view to create a global education platform.
New German GP Rantum Capital targets mid-market
A group of German businessmen, including former Morgan Stanley Germany CEO Dirk Notheis, have founded a new private equity firm named Rantum Capital.
HTGF and VersoVentures back Cumulocity
High-Tech Gründerfonds (HTGF) and VersoVentures have backed Nokia Siemens Networks (NSN) spin-off Cumulocity, a German software developer.
Freitag & Co appoints managing director
German corporate finance adviser Freitag & Co has appointed Christoph Seeger to managing director in the firm's Frankfurt office.
Clifford Chance names new head of banking and capital markets
Law firm Clifford Chance has appointed Alexandra Hagelüken as new head of banking and capital markets in Germany.
KKR and Permira looking to exit ProSiebenSat.1
KKR and Permira are looking to sell their stakes in German private broadcaster ProSiebenSat.1 to a trade buyer, according to reports.