DACH unquote
Lakestar launches double fundraise
Lakestar II held a final close on €350m in August 2015, increasing from €135m for Lakestar I
VC firms back $30m series-B for Ava
Majority of the funding comes from existing investors, including Swisscom Ventures
Ufenau-backed Kanalservice buys Karo Kanalreinigung
Kanalservice is a platform investment from Ufenau V German Asset Light, a €220m buy-and-build fund
Altor launches dental buy-and-build KonfiDents
GP will merge the hospital with two German dental clinics that are already in its portfolio
Halder overhauls partner group as part of succession plan
Former partners Paul de Ridder and Michael Wahl step back into senior adviser roles
IK buys Klingel from Halder
Deal marks the 11th acquisition from the IK VIII fund, which closed on €1.85bn in 2017
Argos Soditic rebrands to Argos Wityu
Maurice Dwek, the founder of Soditic bank, had previously owned a minority stake in the GP
HTGF III holds final close on €316.5m
HTGF III is a public-private partnership, raising 30% of the fund from 32 corporates
Schroder Adveq reshuffles management following CEO departure
Schroders acquired Adveq in April last year and Schwager was appointed as new CEO in October
Nordic to acquire Prospitalia from Five Arrows
Nordic was competing with PE firms Ardian, Cinven, Goldman Sachs PE, Hg and TA Associates
East Ventures backs BRD's $32m ICO
East Ventures invests $12m in the pre-sale stage of BRD's initial coin offering
Partners-led consortium buys Techem for €4.6bn
Deal ends a 10-year holding period for Macquarie, which took the firm private in 2008
Capiton buys Magix Software
Company's founders and CEO Klaus Schmidt have retained a significant minority stake
VC firms in €60m funding round for Sonnen
German VC firms ECapital, Munich Venture Partners and Inven Capital take part
Capzanine backs Magix
Firm's first investment in Germany since it opened an office in Munich in September last year
ESO Capital opens Frankfurt office
Team will initially comprise four investment professionals, who will invest in DACH-based SMEs
Project A backs €6m funding round for Keatz
Fresh capital will be used to open new kitchens in Frankfurt, Munich, Milan, Amsterdam and Paris
Riverside backs GermanPersonnel
Riverside will support GermanPersonnel's expansion by bringing in industry experts
Silverfern expands Frankfurt presence, hires Aon Hewitt's Köpke
Köpke will be responsible for Silverfern's institutional investor relationships and fundraising
Paragon buys Inprotec
Selling shareholders Andreas Baranyai and Pierre Schwedtfeger will retain a significant minority
VC-backed Home24 to raise €150-200m in IPO
VC firms Rocket Internet and Kinnevik hold stakes of 41% and 17% in the business, respectively
Triton makes 5.5x on €527m sale of Aventics
First of two exits in 24 hours, as the GP also announces the sale of social care provider Mehiläinen
Castik buys Warbug Pincus-backed Ipan, merges with Delegate
Castik draws capital from its €1bn buyout fund Epic I, which held a final close in June 2014
Phenom sells €140m stake in HelloFresh
Equates to a value of approximately €140m based on the current trading price of €12 per share