DACH unquote
Constellation closes new fund
Switzerland-based private equity firm Constellation Capital has closed Constellation III German Asset Light SICAV-FIS (Luxembourg) Private Equity Fund with the possibility of raising further commitments at a later date.
Constellation acquires Ibis Acam
Switzerland-based private equity firm Constellation Capital AG has acquired a majority stake in Vienna-based education provider Ibis Acam Group.
DACH venture scene remains on top form
While the rest of Europe has suffered from a low deal volume in 2011, the DACH early-stage sector is going strong. Considering the well-established venture scene, it is not surprising that this region has dominated early-stage in Q4 2011.
investiere leads series A round for MEDUDEM
investiere, operated by Verve Capital Partners and the Zuercher Kantonalbank have invested CHF 815,000 in medical information provider MEDUDEM.
New Value receives CHF1m bridge financing
Swiss venture capitalist New Value has received CHF1m in bridge financing from Swiss industrial company Angst&Pfister to continue business.
High-Tech Gründerfonds backs OakLabs
High-Tech Gründerfonds has invested in German biotech company Oaklabs.
Reed Smith hires Binder from SJ Berwin
Reed Smith has hired SJ Berwin partner Justus Binder as head of its German private equity practice.
DST Global invests in German online retailer
DST Global has bought a 4%-stake in German online fashion retailer Zalando.
Mid Europa and France Telecom-Orange sell Orange Austria for €1.3bn
Mid Europa Partners and France Telecom-Orange have agreed to sell their combined 100% share in Orange Austria to Hutchison 3G Austria for €1.3bn.
Reed Smith appoints new corporate partner
Reed Smith has appointed Justus Binder as a corporate partner in its private equity team.
Afinum's Caseking buys Overclockers
Afinum portfolio company Caseking has acquired UK-based ecommerce business Overclockers UK.
HTGF et al. invest in Conceptboard
High-Tech Gründerfonds and Seedfonds Baden-Württemberg have provided funding for cloud software provider Conceptboard.
BayBG invests in Prevero
BayBG has backed software company Prevero with a mezzanine structure in the form of a silent partnership.
BayBG invests in Rosner Fashion
BayBG has taken a 43.5% stake in clothing retailer Rosner Fashion as part of a capital increase.
Dechert opens in Frankfurt; poaches Mayer Brown partner
Private equity specialist Dr. Benedikt Weiser will join Dechert next month from Mayer Brown, where he was head of the firm’s German Private Investment Funds group.
DBAG acquires Brötje-Automation
Deutsche Beteiligungs AG (DBAG) has taken over industrial machinery provider Brötje-Automation from CLAAS Group for an undisclosed amount.
Deutsche unquote" January 2012
The EU is proposing changes to the directive on Institutions for Occupational Retirement Provision (IORP) that would impose Solvency II-like capital requirements on funds of occupational retirement schemes.
BPE-backed VTN acquires EFD
BPE Unternehmensbeteiligungen has acquired 100% of the shares of EFD Härterei Fritz Düsseldorf through its portfolio company VTN Beteiligungs.
Aravis and Proquest back Telormedix
Aravis Venture and Proquest Investments have invested CHF 7.5m in biotechnology company Telormedix.
BayBG invests in BMI
BayBG has invested an undisclosed amount in dairy company BMI Bayerische Milchindustrie in the form of a silent partnership.
Matlin Patterson exits Securlog
Matlin Patterson has sold cash transport provider Securlog to Spain-based security solution provider Prosegur for €22.7m.
Bayern LB backs nfon
Bayern LB Capital Partner has joined a further funding round of €4m for telecommunications provider nfon AG.
Tyrol Equity acquires RSN Sihn
Tyrol Equity has taken a 50.1% stake in automotive industry supplier RSN Sihn for an undisclosed amount.
Soundcloud raises $50m in Series-C funding round
German online music platform Soundcloud has received an estimated amount of $50m in a funding round led by Kleiner Perkins Caufield & Byers.