DACH Unquote
Auctus-backed Magellan Netzwerke acquires Solit Systems
Magellan Netzwerke was acquired by Auctus in 2016 and became part of Fernao Networks
BtoV, Senovo lead €2.5m round for logistics startup Synfioo
Previous backers BFB Brandenburg Kapital and HPI Seed Fund also take part in the investment
Waterland-backed Rehacon bolts on Fysioconcept
Waterland acquired a majority stake in physiotherapy provider Rehacon in January 2019
Triton-backed AVS bolts on Fero
Triton bought AVS from Steadfast Capital in 2017, drawing equity from its €3.3bn vehicle Triton IV
DPE to exit First Sensor for approximately €117m
DPE, Teslin Capital Management and other shareholders have agreed to sell their shares
KKR, Axel Springer could target Scout24, Mobile.de – reports
KKR confirmed it is in negotiations to acquire a minority stake in Axel Springer
EQVenture invests $10m in USound
EQVenture owns 70% of USound and the co-founders have retained a 30% stake in the company
Ampersand to acquire Vibalogics
Ampersand typically invests $10-50m in companies with $10-100m in annual revenues
Steadfast Capital to buy W Söhngen
Steadfast will use its fourth vehicle for the investment in the medicine products manufacturer
DACH manufacturing slump puts strain on deal-doing
With confidence hitting a low point in DACH's manufacturing sector, PE investors have to navigate a winding road to find opportunities
KKR in talks to acquire minority stake in Axel Springer
Axel Springer's largest shareholder, Friede Springer, and CEO Mathias Döpfner will not sell their stakes
Mutares acquires Keeeper
Keeeper generated revenues of €65m in 2018, mainly from German and Polish customers
Riverside backs Actineo
Riverside is currently investing from Riverside Europe Fund V, which closed on $340m in 2017
Gimv acquires Smart Battery Solutions
Gimv typically invests between €5-50m in companies with enterprise values of up to €200m
New investor Fond Of contributes to HTGF III
HGTF's third vehicle, High-Tech Gründerfonds III, held its final close on €316.5m in May 2018
Ekkio backs Mediliant
Mediliant is the fourth investment completed via Ekkio Capital IV, closed in May 2018
Ardian acquires Sintetica
In 2018, Sintetica reported revenues of CHF 75m, up from approximately CHF 60m in 2017
BM-T exits Hasec in trade sale
Scanfil has wholly acquired Hasec for €10.25m worth of Scanfil shares and liquid assets
DMH acquires WT Systems
WT Systems filed for insolvency in February 2019 and Scultze & Braun was appointed administrator
One Peak Partners et al. invest €15m in Quentic
One Peak Partners and Morgan Stanley Expansion Capital invested €22m in Quentic in 2017
Consortium invests in seed round for Kiutra
High-Tech Gründerfonds writes equity tickets of €500,000-3m and Apex Ventures invests €500,000
Auctus buys QuinScape with new fund
QuinScape plans to implement a buy-and-build strategy and will geographically expand
EQT, ADIA to acquire Nestlé Skin Health in CHF 10.2bn deal
Auction process saw KKR, a consortium of Advent International and Cinven, and Unilever as bidders
MIG in $25m series-C for Cynora
Investors include family office Wecken & Cie, SBI, Dboled and SRF Partners Group