DACH unquote
SwanCap holds final close on €433m
Fund will invest in primaries, direct co-investments and secondaries in Europe and North America
DPE buys VTU Engineering
Founding shareholders, including board member Michael Koncar, retain a significant minority stake
Deals accelerate in German online marketplaces
Three transactions in the space within the first two months of 2018 saw PE firms invest a combined €500m and cash out more than €700m
Equistone-backed Gala Kerzen buys Ramesh Flowers
Deal is the first bolt-on acquisition for the Munich-based candlemaker since its buyout in 2016
Cerberus- and JC Flowers-led consortium acquires HSH Nordbank
Non-performing loans valued at approximately €7bn will be acquired by the consortium separately
Haspa BGM, Schulz Systemtechnik buy Keil Anlagenbau
Haspa invests in buyouts and growth capital transactions for German mid-market companies
VC-backed Move24 enters provisional insolvency
Move24 will try to halt the insolvency process and is currently auditing its financials
ECI-backed ATG buys Lot-tissimo
Combined group will host 18,000 auctions a year, with more than £2bn under the hammer
HSH Nordbank sale to be decided on Wednesday
JC Flowers owns a 5.1% in the bank and 94.9% is held by states of Hamburg and Schleswig-Holstein
Capvis to close fifth fund on hard-cap
More than 80% of LPs reupped into the fourth fund, which closed on its €720m hard-cap in 2014
GA backs ProSiebenSat.1's Nucom
Oakley sells minority stakes in portfolio companies Parship and Verivox at a combined EV of €970m
Agic, Capvis, Gilde, Nordic Capital in final Amann Girrbach round
Nordic Capital is reportedly the front-runner in the sale of the Austrian dental prosthetics company
Equistone sells E Winkemann to Cathay Capital
Equistone makes the divestment from its €1.5bn buyout fund Equistone Europe Partners IV
VC firms to sell Lendico to ING Diba
ING Diba has registered its intention to acquire Lendico with the competition authority
VC firms back $30m round for Relayr
Round is led by Deutsche Telekom Capital Partners, a corporate venturing arm with $1bn in AUM
Capnamic promotes Knott to partner, hires two
Knott will be responsible for deal sourcing and execution, as well as portfolio management
TGFS, GPS invest €2m in software startup Naventik
Fresh capital will be used to strengthen global marketing efforts and HR development
Private debt funds expand market share in Germany
Growing use of use of first-out, second-out unitranche leads to private debt funds more than doubling their share of German mid-market deals
Cerberus, JC Flowers to acquire HSH Nordbank
German daily reports that an informal agreement has been in place for several weeks
Hellman & Friedman makes final exit from Scout24
Shareholders sell 9.25 million shares at approximately €36.74 per share
Speedinvest in $14.5m series-B for Payworks
Corporate venturing arms of Commerzbank (CommerzVentures) and Visa led the round
Golding to launch new FoF in H2
Golding announces new fund after a record year of fundraising across all strategies
Frog Capital leads €3m series-D for Sofatutor
Acton Capital Partners, JCMB Beteiligungs and IBB Beteiligungsgesellschaft also take part
Ergon backs merger of SVT and Rolf Kuhn
Combined group will generate a turnover of €150m and employ 600 people in 60 countries