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DACH unquote

Bonuses and incentivisation
Montagu sells Equatex to trade for $420m

Deal ends a holding period of four years for Montagu, which carved the business out of UBS

  • Exits
  • 16 May 2018
Web application design tools
Accel leads $8m series-A for Dashdash

Cherry Ventures, Atlantic Labs and angel investors also take part in the financing

  • Expansion
  • 16 May 2018
Dental services and tools
Investcorp launches dental buy-and-build

New group will employ approximately 250 people at its two locations in Albstadt and Olsberg

  • Buyouts
  • 15 May 2018
Hotdesking software and remote access systems
EQT Ventures leads €6.5m series-A for AnyDesk

EQT Ventures sources the investment using its in-house deal-sourcing software Motherbrain

  • Expansion
  • 15 May 2018
Chemical companies
Sun European buys ESIM from Ardian

Sale ends a three-year holding period for Ardian, which acquired the company in a complex carve-out

  • Exits
  • 14 May 2018
Ear infections and hearing
Creathor in €10m series-B for Acousia

LBBW Ventures, Bregua Corporation and existing backers BIVF and KfW also take part in the round

  • Early-stage
  • 14 May 2018
ProGlove is a developer of a scanning glove to assist logistics management
Bayern Kapital in €5.5m round for ProGlove

Intel Capital and German VC firms Gettylab and DIVC also take part in the financing

  • Expansion
  • 11 May 2018
Prefere Resins makes resins for industrial applications
Silverfleet buys PE-backed Prefere Resins

Deal is Silverfleet's eighth investment from Silverfleet Capital Partners II, which closed in 2015

  • Exits
  • 11 May 2018
Email marketing software and services
Digital+ Partners invests $15m in Starmind

Digital+ Partners is investing from its Digital Growth Fund I, a VC fund targeting €300m

  • Expansion
  • 11 May 2018
Elderly healthcare and nursing homes
Hg buys Medifox from ECM

Sale ends a five-year holding period for ECM, which acquired the business in May 2013

  • Exits
  • 10 May 2018
Call centres
VC-backed NFon prices €166m IPO

In total, 6,708,331 shares were placed, including an overallotment of 874,999 shares

  • Exits
  • 10 May 2018
New hires
Nord Holding hires Bösenberg

German investment company appoints the former Quadriga Capital partner as head of direct investment

  • People
  • 09 May 2018
Several promotions and appointments
Golding announces nine promotions

Matthias Reicherter has been promoted from partner to the newly created role of CIO

  • People
  • 09 May 2018
Mobile phone insurance and repairs
VC firms back $24m series-C for Simplesurance

Round was led by corporate venturing arm Allianz X, with participation from Rheingau Founders

  • Expansion
  • 09 May 2018
Gothaer Fahrzeugtechnik specialises in steel processing
Finatem buys Gothaer Fahrzeugtechnik

Fifth investment from the GP's latest buyout fund, Finatem IV, which held a final close in 2014

  • Buyouts
  • 09 May 2018
Magazines and academic publishing
BC-backed Springer Nature pulls IPO

Company was expected to float on the Frankfurt Stock Exchange with a market cap of up to €3.6bn

  • Exits
  • 09 May 2018
Cruise ships and holiday services
Princeville Global leads $55m series-E for Dreamlines

Existing investors, including HV Holtzbrinck Ventures, Hasso Plattner Ventures and Target Global, also take part

  • Expansion
  • 09 May 2018
Political and tex regulation in Germany
Berlin mulls stricter rules on foreign takeovers

Bundesrat suggests that the government expands its powers for reviewing foreign investments, with likely implications for PE activity in the country

  • DACH
  • 09 May 2018
Engineered wood panels
Ambienta generates 50% IRR on sale of Oskar Nolte

Original acquisition of Oskar Nolte in 2015 was Ambienta's first investment in Germany

  • Exits
  • 08 May 2018
Lasers used in experimentation
Gimv buys Laser 2000

First German investment that Gimv has made since it expanded its presence in Munich in March

  • Buyouts
  • 08 May 2018
Office phone systems
VC-backed NFon lowers IPO price range

IPO would now result in an expected market capitalisation of €165-185m, down from €200-239m

  • Exits
  • 08 May 2018
Olives and antipasti
Verium buys Ceposa

Founder Hanspeter Baer and his wife will continue to support the company

  • Buyouts
  • 04 May 2018
Laser cutters and precise metalwork
CGS invests in Innolas Solutions

GP says it plans to use bolt-ons to transform the company into a global player in the sector

  • Buyouts
  • 04 May 2018
Tennis clubs
VC firms invest €5m in Eversports

Fresh capital will be used to improve the software and roll it out to more sport studios

  • Expansion
  • 04 May 2018
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