DACH Unquote
Unigestion holds €611m final close for second Direct fund
Fund surpasses its тЌ600m target and is more than 40% deployed
Capiton buys majority stake in Axxence Group
GP is backing the natural aroma chemicals firm via Capiton VI, which is on the road targeting €550m
HarbourVest opens Frankfurt office
GP simultaneously announces the appointment of principal Martina Schliemann, who joins from Hamilton Lane
Evoco sells Plumettaz to Invision
Evoco bought the cable-laying equipment producer in a six-company portfolio deal in 2015
Cross Equity, Pinova sell Rademacher to trade
GPs acquired the Germany-based smart home systems business in 2014 from Nord Holding
ArchiMed buys Stragen Pharma
GP is investing via its €1bn Med Platform I, which backs healthcare firms with EVs of at least €100m
Argand, Genui-backed Cherry to float in €778m IPO
Computer hardware firm was valued at around €200m when Argand took a majority stake in 2020
Riverside-backed Bike24 to list in €662m IPO
Riverside acquired Bike24 in 2015, selling it to Bridgepoint's Wiggle-CRC and buying it back in 2019
High-Tech Gründerfonds to launch fourth seed fund
Fund expects to launch its official fundraising process in September 2021, subject to BaFin approval
Emeram sells Meona to Trill Impact
GP bought the clinical software platform in 2017, investing via its €400m debut fund
Golding Capital holds first close on €161m for co-investment fund
FoF manager expects to hold a final close for the co-investment vehicle at the end of 2021
Hannover Finanz buys majority stake in Dental Direkt
GP has acquired a 64% stake in the dental laboratory supplier as part of a succession solution
Carlyle invests in logistics automation company Agilox
GP is investing in the Austria-based logistics automation startup via its €1.35bn CETP IV fund
HQ Capital closes Auda Co-Investment Fund II on $210m
North America-focused fund held a first close in June 2020 and has made 20 investments
Paragon acquires KME's Specials business
Paragon Partners will own a 55% in the newly formed entity following the carve-out
HIG prepares Conet for H2 2021 auction pipeline
Sponsor appoints GCA Altium to advise on the sale of the €25m-EBITDA business
LGT closes fifth secondaries fund on $4.5bn hard-cap
GP had a target of raising $3.75-3.80bn for the fund, and is larger than its $2.8bn predecessor
DBAG sells Telio to Charterhouse
DBAG will reinvest in the prison communications system provider to hold a 13% stake
Heubach, SK Capital Partners carve out Clariant Pigments
Carve-out values the company at up to CHF 855m with a CHF 50m earn-out component
Borromin invests in Little John Bikes
Borromin Capital has acquired a stake in Germany-based bike and e-bike retailer Little John Bikes.
Pinova Capital buys AdzLocal
GP generally invests in DACH SMEs with revenues of €10-75m, deploying equity tickets of €10-25m
HIG hires Lorenz to lead DACH WhiteHorse team
Sebastian Lorenz joins HIG's direct lending division from Barings as a principal and head of DACH
Tencent leads $180m round for Scalable Capital
Existing investors BlackRock, HV Capital and Tengelmann also back the asset management firm
Russmedia Equity buys secondhand sales platform Shpock
GP aims to develop the Austria-headquartered online marketplace into a leading player in the UK