DACH Unquote
Cavalry Ventures holds EUR 100m first close for third fund
Seed and early-stage fund has a EUR 160m target and plans to back 30-35 software startups
Female Founders plans final close for EUR 20m debut fund in Q3 2023
Vienna-based VC investing in women-led teams held first close on EUR 12m in October
Cinven and OTPP to invest in dogado via group.ONE
Triton will exit German web hosting provider after growing revenues to EUR 120m from EUR 2m
Placement agent Asante expands to Munich
Advisory firm’s first office in continental Europe will be led by director George Lyons
IK exits Studienkreis in sale to edtech unicorn GoStudent
German centre-based tutoring provider will operate independently and under its current management while synergies with new owner are identified
DBAG sees NAV drop 15% amid market uncertainty
After fall at the end of its financial year, the GP expects valuation of its investments to recover with double-digit percentage rises in next three years
World Fund on track for debut climate tech fund final close in 2023
Vehicle has received a тbig-ticket investmentт from an undisclosed European institutional LP; targets EUR 350m
Motive bolsters VC arm with embedded/capital acquisition
Recently created practice supported by USD 200m fund gets a foothold in Berlin
ABB e-mobility private investors could become IPO cornerstones
Private placement backed by family offices seen as intermediate step ahead of a listing next year
MML-backed Roboyo to hit German auction pipeline in 2023
Canaccord will advise on sale process for German automation and IT consultancy group
CDPQ explores strategic options for Datamars
Goldman Sachs appointed to survey options for Swiss agricultural technology specialist
DBAG exits Cloudflight in sale to Partners; reaps over 4x money
Deal values Germany-based digital transformation company at just under EUR 400m
Ambienta buys sustainable kids wear brand Lässig in SBO
GP will support Germany-based company in European expansion; founders, Arcus Capital and BE Beteiligungen reinvest
Arcus acquires majority stake in Intercontent
Berlin-based mobile marketing company’s founders will retain a significant stake in the business
SHS exits minority stake Blazejewski Medi-Tech
GP has sold its 24.9% stake in German endoscopy medtech company to peer Erbe two years after investing
Chequers Capital-backed Riri Group to come to market
GP acquired the Switzerland-headuartered zipper and button manufacturer in a EUR 230m deal in 2018
Capvis invests in IT consultancy AdEx Partners
Hamburg-based company will pursue internationalisation and bolt-on strategy under new owner
Paragon sells Inprotec to industrials group
Trade sale ends a four-year holding period for the Germany-based specialty chemicals business
Unigestion holds first close for Direct III, eyes EUR 1bn target
GP is continuing concurrent fundraises for vehicles focused on climate impact and emerging managers.
Trilantic-backed Oberberg's auction delayed on market malaise
Factors including valuation discrepancies and debt markets may have slowed the psychiatry clinic's sale
Lightrock to tap net-zero scale-ups with EUR 860m climate fund
With LGT as anchor investor, London-based VC’s new vehicle exceeded EUR 600m hard cap
Oakley Capital to partially exit Wishcard to IK, EMZ
Sale of German gift cards group sees founding management regaining majority position
Aurelius exits Briar Chemicals to trade for EUR 83m
Fine chemicals group to become part of Safex Chemicals India's European business
Capvis bets on LP pivot to 'traditional' sectors from venture, growth strategies
GP is in pre-marketing for sixth fund targeting around EUR 1.2bn, according to a source