DACH Unquote
ECM buys driving school support service Academy
GP is acquiring a majority stake in the driving school support service via its €325m GEP V fund
MTIP holds first close for second fund
Digital-health-focused growth investor has a hard-cap of тЌ250m and target of тЌ200m for MTIP Fund II
Bregal to acquire Afinum's Perfect Drive Sports Group
Bregal announced the deal in conjunction with the €1.875bn close of Bregal Unternehmerkapital III
Balderton hires Ahluwalia in DACH team
Shikha Ahluwalia has experience as a co-founder of India-based online women's fashion retailer SBL
Gyrus bolsters team
Christian Wipf from GCA Altium Switzerland and Mattias Terribilini from Rothschild join the executive team
General Atlantic leads $145m round for Staffbase
Round for the employee communications software is the fifth-largest in DACH so far in 2020
DBAG buys majority stake in R+S Group
Equity investment of €15m is from DBAG's balance sheet and is intended to be a long-term investment
Bregal Unternehmerkapital III closes on €1.875bn
Fund closed on its hard-cap and will target businesses in the DACH region and northern Italy
Procuritas to net 8x on Pierce IPO
GP acquired the online motorcycle parts and accessories retailer in 2014
VCs in $290m round for grocery delivery platform Gorillas
Grocery delivery startup claims to reach customers in 10 minutes and is reportedly valued at $1bn
Silverfleet acquires EC4U Expert Consulting, Bulpros
Silverfleet is merging the two IT consultancies and will own a majority stake in the new entity
Callista Private Equity acquires Pleiger Thermoplast
Carve-out will see the thermoplastics parts and products producer rebranded as Globus Thermopast
UVC Partners set for Q2 2021 final close for third fund
UnternehmerTUM Fonds III is targeting €150m and held a first close in October 2020 on €108m
Target Global heads for Growth II final close
Fund will make series-B and -C investments; it has a target of тЌ400m and a hard-cap of тЌ600m
Gyrus Principal Fund to close in Q2 2021
Fund focuses on healthcare, technology and sustainability, and expects to close on its €400m hard-cap
Capiton heads for summer final close for sixth fund
Capiton VI has a €550m target; Capiton V held a final close in January 2015 on €440m
Main Capital acquires Foconis
GP plans to support add-ons for the financial services software platform as part of its growth
Earlybird heads for Growth Opportunities final close
European VC investor is also fundraising for its latest Digital West and Health funds
Emeram, Gimv acquire Sofatutor; VC backers exit
Previous investors in the online learning platform include Acton Capital, Frog Capital and IBB
VCs in $170m round for trading platform Bitpanda
According to Unquote Data, the round is the largest ever recorded for an Austrian company
Triton Smaller Mid-Cap Fund II closes on €815m
Fund will follow the same sector and value-creation strategy as TSM I, albeit with larger equity tickets
DACH Fundraising Pipeline - Q1 2021
Unquote compiles a roundup of the most notable fundraises ongoing across the DACH market, including Capiton, Afinum, Gyrus, Cipio, and more
DBAG's FLS merges with Impactit, Städtler Logistik
All three route-planning and logistics software companies will now operate as Solvares Group
Capiton buys majority stake in Wundex
Wound care product supplier was a portfolio company of BE Beteiligungen prior to the sale to Capiton