DACH Unquote
GP Profile: Aurelius goes global with US expansion as it eyes new EUR 800m fund
German carve-out specialist is 18-24 months away from fundraising for its Fund V with EUR 750-EUR 800m target
Polaris acquires majority stake in Sealing System
GP currently deploying capital in its 2021-vintage Polaris Private Equity V with EUR 690m in commitments
HIG Capital acquires Office People
German staffing agency will seek to grow organically, as well as via add-ons and selective internationalization
Dechert bolsters Munich PE practice with WilmerHale hire
New partner Kai Terstiege joins law firm’s recent private equity hires including counsel Tobias Hugo
Ardian acquires Mimacom Flowable Group
GP will invest alongside management to drive growth for Swiss software and IT consultancy through acquisitions
Riverside acquires Dastex and Vita Verita
Sponsor plans to pursue a buy-and-build strategy for new European clean room contamination control group
Triton to reap 4x MOIC in Norres Baggerman exit to Nalka
Industrial hoses group grew revenues by 170% to over EUR 100m during Triton’s investment period
EQT Growth acquires GotPhoto, marking fund's ninth deal
Sponsor sees attractive M&A opportunities for the growth of the Germany-based software platform for photographers
AnaCap reaps 4.3x on MRH Trowe minority stake sale to TA Associates
German insurance broker will now be backed by both GPs; deal comes 2.5 years into AnaCap's investment period
Cinven's indicative EUR 10 per share Synlab bid seen as below fair value
Sponsor listed the laboratory testing service provider at EUR 18 per share in 2020
EQT Growth in active deployment with EUR 100m IntegrityNext deal
Sponsor to support organic growth of Munich-based ESG software group via inhouse digital and sustainability teams
Nordic picks Jefferies for upcoming Sunrise Medical auction
German wheelchair specialist was acquired in 2015 and moved to a continuation fund in 2018
Afinum nears EUR 410m-EUR 420m fund close; mulls new fundraise
Plans for Fund 10 to be contemplated by mid-2024 “at the earliest” as GP advances on succession changes
Afinum founders kick off succession planning with two new managing directors
First step in succession preparations will also see two partners join management team later this year
Summit Partners puts RFID manufacturer ELATEC up for sale
Teasers for the German group were circulated earlier this year by sell-side adviser Goldman Sachs
Swiss sponsor Ufenau mulls fourth continuation vehicle
Recently registered in Luxembourg, new fund follows the close of a EUR 563m continuation vehicle by the firm in April 2022
GR Capital in 'active stage' of USD 50m-USD 70m fundraise
Berlin-based, Ukrainian-owned VC firm could invest up to USD 30m in 2023, targeting a range of technology subsectors
DPE to exit VTU Group in sale to Altor Capital
New sponsor will hold a majority stake in the Austrian engineering group with management reinvesting
Ardian preps Imes-icore for sale; sellside pitches ongoing
Healthcare tech company could hit the German auction pipeline later this year
Gyrus reaps 8.6x money from partial dss+ exit to Inflexion
Majority investment in Switzerland-headquartered management consultancy marks Inflexion Buyout Fund VI’s fifth deal
Argos Wityu acquires Norline in sixth deal from Mid-Market VIII
Sponsor’s EUR 450m Mid-Market VIII fund held a final close in 2022 and is almost 50% deployed
Planet A raises EUR 160m for debut greentech fund
German VC will back scaleable hardware and software startups, giving science team "veto power" in investment decisions
McDermott adds to German PE team with Noerr and Latham duo
Noerr’s Holger Ebersberger and Latham & Watkins’ Hanno Witt to join the firm’s Munich office
Capiton moves two assets to continuation vehicle; Fund V largely unrealised
Eurazeo and Unigestion among LPs in new fund for industrial tech businesses Raith and AEMtec