DACH Unquote
Merck could turn to private equity to finance clinical trials
German pharmaceutical company Merck has held talks with private equity firms to potentially finance future clinical trials, according to reports.
Aquila Capital to launch maiden fund-of-funds
German investment company Aquila Capital has entered the private equity market, aiming to launch a fund-of-funds in early 2014.
Advent exits Oxea in trade sale
Advent International has divested German chemical manufacturer Oxea in a trade sale, said to be worth around €1.8bn, to Oman Oil Company (OOC).
Family offices pose competitive threat to German GPs
Family offices
Brockhaus to close third fund by year-end
Brockhaus Private Equity is aiming to close its latest fund, Brockhaus Private Equity III, on €170m in Q4.
KKR mulls ATU exit
KKR is planning to divest its struggling portfolio company Auto-Teile Unger (ATU), according to reports.
FTI Consulting hires two
FTI Consulting has appointed Christian Axmann and Andreas Rapp as managing directors to their Munich office.
CVC appoints Wolfgang Colberg as industrial partner
Wolfgang Colberg, CVC
Brockhaus exits ATT Systems in trade sale
Brockhaus Private Equity has sold Advanced Temperature Test Systems (ATT) to Cascade Microtech for €8.4m.
Barclays hires Nomura's Ulrich Böckmann
Ulrich Böckmann, Barclays
Menold Bezler appoints Andreas Wölfle
Andreas Wölfle, Menold Bezler
K&L Gates hires Cleary Gottlieb's Klaus Banke
Klaus Banke has joined K&L Gates as a new partner, leaving fellow advisory firm Cleary Gottlieb after more than 15 years.
VR Equitypartner and BayBG buy Hör Technologie in MBO
VR Equitypartner and Bayerische Beteiligungsgesellschaft (BayBG) have bought auto parts manufacturer Hör Technologie Gruppe in a management buyout.
Avista and Nordic Capital make tender offer for Acino
Avista Capital Partners and Nordic Capital have made a public tender offer for pharmaceutical company Acino.
Constellation sells Häsler in management buy-back
Constellation has sold heating systems manufacturer Häsler Group in a management buy-back, reaping a 2.6x money multiple.
DailyDeal founders buy pepperbill from bm-t
Fabian and Ferry Heilemann, founders of DailyDeal, have acquired a 60% stake in iOS payment system provider pepperbill from bm-t Beteiligungsmanagement Thüringen and pepperbill's management.
KfW and Born2grow back Rockethome
KfW and seed investor Born2grow have jointly backed home energy management technology provider Rockethome.
Phenomen Ventures et al. invest $7.5m in HelloFresh
Phenomen Ventures, Holtzbrinck Ventures and Vorwerk Ventures have backed e-commerce company HelloFresh in a $7.5m series-C financing round.
HTGF et al. invest €1m in Minubo
High-Tech Gründerfonds (HTGF), US venture firm Tola Capital and pan-European accelerator Seedcamp have invested €1m in Minubo, a business intelligence services provider.
Auctus sells entitec in trade sale
Auctus Management has sold IT services provider entitec to data processing service provider IT.UV Software, reaping a 4x money multiple.
Luther hires Gittermann and Wegerich
German law firm Luther Rechtsanwaltsgesellschaft has appointed new partners Stephan Gittermann and Ingo Wegerich, as well as the teams working with them in their previous positions.
Holtzbrinck et al. invest in FlixBus
Holtzbrinck Ventures, UnternehmerTUM and Daimler Mobility Services have backed German coach operator FlixBus.
Fundraising: Germany's drawing power
The number of funds raised by German players – and the amount of capital they have been able to draw in – has increased steadily in the post-crash years.