DACH Unquote
GP Profile: Capiton
Capiton V is almost fully deployed and the firm has started fundraising for its sixth-generation vehicle
Ardian-backed Weber Automotive files for insolvency
Ardian acquired the automotive components manufacturer using its Ardian LBO Fund V in 2016
DBAG sells Infiana to Pamplona
DBAG has more than doubled its capital investment through the sale of the films manufacturer
VC firms back $325m series-B for BioNTech
Redmile Group, Invus, Jebsen Capital and Steam Athena Capital take part in the round
Insight leads $23m series-C for Staffbase
Existing investors Capnamic Ventures, Kizoo Technology Capital and E.Ventures also take part
VR Equitypartner and SuedBG exit Duo Plast in SBO
Investors launched a sales process for the packaging manufacturer, marketing it based on €9-10m EBITDA
DACH investors fear digital expertise shortage
Digitalisation is becoming increasingly important to equity stories all over Europe, but firms in the DACH region face a number of challenges
Bain, Carlyle place takeover bid for Osram at €35 per share
Bain and Carlyle have placed a takeover offer for the lighting manufacturer, valuing it at €3.9bn
Iris appoints Gunsenheimer as managing partner in DACH
Gunsenheimer has been at Iris Capital since 2002 and previously worked at Goldman Sachs and MIT
Waterland-backed Coeo Inkasso bolts on KNP
Waterland acquired Coeo Inkasso in January 2018 and this is its first acquisition in Austria
LGT's Crown European Private Debt II fund closes on €1.35bn
CEPD II's original target was €800m, and it held a first close on $725m in August 2018
Triton-backed AVS acquires Lorenz
Germany-based road safety services provider AVS is pursuing its buy-and-build strategy
Elvaston exits Habel in €10m deal
Revenues of the data management software company reached €9.5m in 2018, up from €7m in 2015
VR Equitypartner acquires Signon
Management have reinvested in the IT service as part of the transaction
BtoV-backed Foodspring sold to trade buyer
US-based trade buyer Mars has acquired a majority stake in the nutrition products manufacturer
VCs invest €7m in CryoTherapeutics
Existing investors Creathor Ventures and Peppermint Venture Partners participate in the round
H&F-backed Allfunds bolts on Credit Suisse InvestLab
Credit Suisse will become a minority shareholder of up to 18% in the combined business
Novum acquires MMC from Dubag
Novum Capital is investing from its debut fund and will merge the company with Crosscast
DI Mittelstand acquires Loibl from B&W
Loibl's management team and its 140 employees will stay with the company following the transaction
Victus acquires Anur Halal Food
Vendors Zwanenberg and René Hochstenbach will retain minority stakes following the acquisition
Main Capital backs Onventis
Previous investors in the procurement platform include 3i, Sapphire Ventures and Heidelberg Capital
Capiton explores single-asset restructuring for KD Pharma
Park Hill is advising on the GP-led secondaries process, which is expected to close in July
Charterhouse-backed Cooper bolts on Diepharmex
Geneva-headquartered Diepharmex manufactures products for hygiene and ear care such as ear sprays
EQT sells AutoStore to THL
AutoStore was originally acquired for an estimated price of €500m and the sale values the firm at €1.6bn