DACH unquote
Consortium of VCs exit Indoo.rs
Speedinvest, Tecnet Equity and Techinvest backed Indoo.rs across four venture and seed rounds
Aberdeen Standard Investments, DIF acquire Unitank
Two investors wholly acquire the oil storage business, each taking a 50% stake for an undisclosed sum
Invision closes sixth flagship fund on €375m
Invision VI's predecessor, Invision V, closed on €285m and has made its final acquisition
Redmile Group invests in Hookipa's €33.2m series-D
Hookipa's previous investors include Sofinnova Partners, Takeda Ventures and Forbion
Syncona leads CHF 35m series-A for Anaveon
Anaveon initially received seed funding from the UZH Life Sciences Fund and BaseLaunch
UVC, BtoV lead €10m series-A for I2x
HV Holtzbrinck Ventures and new investors MS&AD Ventures and Asgard also take part
KKR acquires Universum Film
Fred Kogel, CEO of the independent audiovisual content platform, has hired Markus Frerker as COO
AnaCap-backed Heidelpay bolts on Alpha-Cash
Alpha-Cash is Heidelpay's second acquisition in 2019 and its fifth since Anacap's first investment
Ambienta-backed Safim bolts on Omni
GP intends to strengthen Safim’s position within the DACH market with the bolt-on
Triton and ADIA carve out IFCO in $2.51bn deal
Triton and Abu Dhabi sovereign wealth fund buy IFCO plastic containers business from Brambles
KKR buys TMG
GP is bringing in media entrepreneur Fred Kogel as CEO while Herbert Kloiber joins the advisory board
Nauta Capital leads $6m round for German startup Zenloop
Piton Capital also takes part in the funding, alongside entrepreneurs including Christian Henschel
Capvis sells Rena to Equistone
Management team led by CEO Peter Schneidewind will become shareholders alongside Equistone
Ardian buys stake in SwanCap Partners from UniCredit
SwanCap combines primary investments, direct secondaries and direct co-investments
Halder makes first investment from new fund
Halder VI held a final close in January, but no further details were released by the firm
Auctus sells Valantic to DPE
Founding shareholders and management, led by Holder von Daniels, retain a stake of approximately 25%
Palamon announces roll-over investment into Ober Scharrer
GP sold Ober Scharrer to Nordic last year, generating a 3.6x return on its original investment
Gain Capital holds €28.4m first close for third fund-of-funds
Vehicle has a target of €60m and will look to hold a final close by the end of 2019
Bessemer leads €30m round for Mambu
Acton Capital, CommerzVentures, Point Nine Capital and Runa Capital also take part
PG Impact Investments holds $210m final close
Firm is independent but has access to Partners Group’s infrastructure, expertise and resources
XAnge invests in Sunacare
XAnge makes early-stage investments of €500,000-8m in French and German companies
Strong LP appetite and creative credit to fuel DACH growth
Despite stiff competition for assets, PE firms in the DACH region hit record deal volume in 2018 and expect further growth in 2019
VC firms back €4m series-A for Kreatize
Fresh capital will be used to expand the platform and improve data evaluation methods
B-to-v holds second close for Industrial Technologies Fund on €80m
Fund held its first close in March 2018 and is expected to have a final close in mid-2019