DACH Unquote
ICG refinances capiton's nora systems
Intermediate Capital Group (ICG) has refinanced nora systems, a building material manufacturer backed by private equity house capiton.
McDermott poaches Ashurst's Nikolaus von Jacobs
Law firm McDermott Will & Emery has hired Nikolaus von Jacobs to lead its Munich-based private equity practice in Germany.
Cipio et al. in $7m series-B for wywy
Multi-screen technology company wywy has raised $7m in a series-B financing round from previous investors, including Cipio Partners.
German Unicredit unit divests part of PE portfolio
The German subsidiary of Unicredit has sold part of its private equity portfolio to newly founded SwanCap Investment Management.
KKR's ATU in debt-for-equity swap
The creditors of KKR-backed car servicing chain Auto-Teile-Unger (ATU) have reduced the company's debt burden by €600m in exchange for equity.
IBB backs Blinkist
IBB Beteiligungsgesellschaft (IBB) has backed text book summarising app Blinkist in a six-figure funding round.
Accel Partners leads $4.5m series-A in Trufa
Accel Partners has led a $4.5m series-A financing round for German data analytics provider Trufa.
Index leads €10m series-C round for Navabi
Index Ventures, Seventure and DuMont Venture have backed online clothing retailer Navabi in a €10m series-C round.
Triton hires Graeme Ardus as head of ESG
Graeme Ardus, Triton Partners
Seventure exits Retailo
Seventure Partners has divested gift card retailer Retailo to Blackhawk Network, a provider of prepaid payment products.
Telormedix raises $6.6m from Aravis and Proquest
Swiss biopharmaceutical company Telormedix has raised $6.6m in a series-B financing round extension from existing backers Aravis Venture and Proquest Investments.
VTB sells Luxoft stake for $95.2m
VTB Capital has sold its 10.4% stake in Luxoft, its portfolio company that listed on the NYSE earlier this year, for $95.2m, reaping a gross IRR in excess of 50%.
Silverfleet acquires Competence Call Center from Ardian
Silverfleet Capital has purchased Competence Call Center Holding (CCC) from Ardian in a secondary buyout, four years after the vendor took the business’s reins.
DLA Piper strengthens German team
Dominik Stühler, DLA Piper
Deal in focus: Seafort buys three firms from Auctus
Newly founded private equity house Seafort Advisers has kicked things off with a hat-trick of secondary buyouts from Auctus Capital Partners via a dedicated vehicle.
Deal in focus: MIG backs Ganymed in €45m series-E
MIG Verwaltungs has reinvested in biopharmaceutical company Ganymed Pharmaceuticals in a joint €45m series-E financing round, alongside family office ATS Beteiligungsverwaltung, in what marks the largest biotechnology early-stage investment in the DACH...
German coalition agreement recognises PE importance
The coalition agreement by German parties CDU/CSU and SPD recognises the importance of private equity, with a special focus on venture capital.
Emeram Capital Partners buys Boards & More
Recently founded Emeram Capital Partners has acquired surfing equipment provider Boards & More for €39m via its maiden fund Emeram Fond I.
Luxodo.com raises $2.4m from DN Capital and b-to-v
Online retail platform Luxodo.com has raised $2.4m from DN Capital and b-to-v Partners.
Seventure Partners backs fromAtoB
French VC Seventure Partners has backed public transport comparison platform fromAtoB with a seven-digit investment.
RITF backs Talentory with $1.7m
Russian Internet Technology Fund (RITF), managed by Black River Ventures, has invested $1.7m in Swiss online recruiting platform Talentory.
OpCapita acquires NKD from Daun & Cie
OpCapita has wholly acquired German textile discount retailer NKD from textile corporation Daun & Cie.
Novartis to offload assets
Swiss pharmaceutical giant Novartis has announced it is open to spinning out non-core assets as part of its strategic review and its plans for a $5bn share buy-back.
VR Equitypartner and SüdBG buy Duo Plast
VR Equitypartner and Süd Beteiligungen (SüdBG) have jointly acquired packaging manufacturer Duo Plast from its founder.