DACH Unquote
European Circular Bioeconomy Fund holds first close
European Commssion-backed fund is targeting тЌ250m and aims to hold a final close by August 2021
HTGF, WestTech sell Semknox to trade
Sale of its stake in the AI-backed product search software platform is HTGF's eighth exit of 2020
Bregal buys minority stake in Woom
Investment intends to support the children's bike producer in meeting growing demand for its products
Main Capital's Cleversoft buys BusinessForensics
Deal is the second add-on for the financial regulatory software platform since Main invested in 2018
Eos set to deploy in lower-mid-market following fund close
Munich-based GP held a final close for its debut fund in September 2020 on its hard-cap of €175m
Russmedia Partners buys majority stake in Bergfex
Founders of the online Alpine tourism platform will continue to hold a stake in the business
Valar Ventures leads $52m series-A for Bitpanda
Company intends to use the fresh capital to further boost its expansion across Europe and scale up its team
Hermes Capital-backed Mattenbach buys FO Group
Switzerland-headquartered Hermes Capital Group acquired Mattenbach in November 2019
DPE's AWK Group buys Talos
Deutsche Private Equity bought a 55% stake in IT consultancy AWK in 2017 via its third flagship fund
ELF hires Wimpff as investment director
Florian Wimpff joins the direct lending firm from ESO Capital and also has experience at Herter & Co
CrossEngage announces €6.5m growth capital round
Marketing software company also announces merger with Target Partners' GPredictive
DACH buyout deal value sees sharp summer decline
Following a quiet period for upper-mid-cap dealflow, Unquote gauges market sentiment as to whether activity could pick up before year-end
Eos Capital Partners holds final close for debut fund
GP has so far invested in companies in industrial automation, software and business training
Consortium in €21m round for Magazino
Logistics company Jungheinrich has led the round for the robotics company alongside EIB
DBAG partially realises investment in Pfaudler
Pfaudler's listed subsidiary, GMM Pfaudler, acquires an 80% stake in the business
Triton's AVS Verkehrssicherung bolts on SRV Verkehrstechnik
Traffic safety and management company has announced eight add-ons since Triton's 2017 investment
3i buys majority stake in GartenHaus
E-commerce company expects to benefit from the growing popularity of leisure and gardening products
Nord Holding acquires Bock
Deal is a carve-out from Bock's listed owner, GEA Group, which acquired the company in 2011
Ampersand Capital Partners invests in GeneWerk
Pharmaceuticals-focused GP aims to support GeneWerk's growth to meet demand for its services
Ergon's SVT Group buys Odice
Deal sees the fire protection products manufacturer expand in France and brings its turnover to €200m
Apax sells Neuraxpharm to Permira
Deal values the company at more than €1.6bn and is set to generate returns for Apax of 3.5x money
Forto raises estimated €25m from Inven, Northzone et al.
Funding comes from new investor Inven Capital and existing investors Cherry Ventures, Northzone and Cavalry Ventures.
DACH deal pipeline: live, expected and pulled sale processes
A round-up of sale processes ongoing or expected to launch in the coming months in DACH, courtesy of Unquote sister publication Mergermarket
Bid Equity's Myneva Group buys Swing
Bid Equity began its social care and healthcare software buy-and-build strategy in 2017