DACH unquote
Most German PE firms say 75% of portfolio unimpaired by Covid-19 – survey
Survey was conducted in June 2020 by Finance Magazine on behalf of Deutsche Beteiligungs AG
Brockhaus Capital Management plans flotation
Proceeds of the envisaged offering should support the technology-focused GP's acquisition pipeline
HV Holtzbrinck leads €60m round for SolarisBank
Existing investors including Lakestar, Yabeo and ABN Amro Ventures also back the banking platform
Lincoln hires three in DACH healthcare team
Dirk Loeffler, Julian Knirim and Jens Gerlach all join Lincoln from Raymond James
Mutares-backed Plati bolts on Nexans Metallurgie
Add-on acquisition comes via a carve-out from cable producer Nexans
BayernKapital closes second Bavarian Growth Fund
Fund is backed solely by LfA Förderbank Bayern and will invest in Bavarian tech companies
Unigestion announces closes for Secondary V and Direct II
Secondary V has held a first close on €228m, while Direct II held a third close on €375m
Donau Invest backs Curasan restructuring
Pharmaceutical company will be delisted and acquired by Donau Invest, subject to creditor agreement
Silver Investment Partners-backed Alvara bolts on IT Kompetenz
GP also supported the bolt-on of cash management software company Zeiser Group in May 2019
EMH promotes Schwarz as partner
Dominik Schwarz joined EMH in 2018 and has prior experience at Chequers Capital and Barclays Capital
Mutares buys Sabo Maschinenfabrik from John Deere
Lawnmower and outdoor power tools producer is Mutares' third platform investment in 2020
BayBG to acquire 20% stake in SAV
Bavaria-based GP aims to back the clamping technology company's development with a growth investment
DUBAG sells Scheven to trade
GP acquired the civil engineering and pipeline company in 2017 from its parent company Bilfinger
Longitude Capital leads $40m round for Polares Medical
Existing investors Decheng, Endeavour Vision, IDO, Earlybird and Wellington also take part
Ufenau buys majority stake in Matrix Technology
Deal is Ufenau's second in the IT service sector in 2020, following its investment in Ikor in April
Gyrus Capital hires two
Healthcare-focused GP was launched in early 2019 by former Argos Wityu partner Guy Semmens
DACH venture capital looks for a new normal
Although dealflow in the DACH VC market has remained fairly strong, deals have shrunk in average size, and uncertainty lingers
VCs exit UltraSoc to Siemens
Previous investors include Seraphim, Indaco, Octopus Ventures, Oxford Capital and eCapital
Waterland’s Tineo bolts on Netrics
Consolidation strategy in the Swiss IT consultancy sector also saw Tineo acquire Nexellent in 2019
SwanCap nears final close for latest fund
SwanCap's private equity co-investment fund expects to close 20% above its €250m target
Left Lane, DN Capital back €8.3m round for GoStudent
Speedinvest backed a €1.5m round for the Vienna-based online tutoring company in July 2020
SHS appoints Jacqui as senior adviser
Heinz Jacqui has a medical technology background and will assist with SHS's investments in this area
Ardian appoints Erdland as senior adviser
Alexander Erdland has previously held roles including president of the German Insurance Association
VR Equitypartner increases stake in GMS Development
GP invested in the CRM software company in September 2015 and is now to acquire a majority stake
