DACH Unquote
Palamon makes 3.6x on sale of Ober Scharrer to Nordic Capital
Sale is the 16th realisation from Palamon’s 2006-vintage fund, Palamon European Equity II
Gimv strengthens presence in Munich
Philipp von Hammerstein has been promoted to partner in the GP's health and care division
DBAG prepares exit from last Fund V investment Heytex
In 2017, the GP exited five of the 12 portfolio companies held via the €434m vehicle
Equistone-backed GalaKerzen buys Juwelkerze
Second candle manufacturer Equistone has acquired this year, after Ramesh Flowers
Bencis buys Halex from H2
Deal ends a four-and-a-half-year holding period for H2, which acquired the company in 2013
VM Capital buys Ibykus
Long-standing board member Stephan Behr and other co-investors take a minority stake
Maxburg buys jewellery retailer Perlkönig
Maxburg is a Munich-based private investment firm with approximately €600m under management
Partners Group appoints Steffen Meister as chair
Meister succeeds Peter Wuffli, who has been chair since 2014 and who will now act as vice-chair
Evoco leads €21m round for ReBuy
Headway Capital Partners and Keyhaven Capital Partners also take part in the financing
Paragon buys Unicepta
Company's management has retained a minority stake and will remain in control of strategy
VC firms invest $4m in Senic
Manufacturer of building systems technology Gira also takes part in the financing
Perusa to launch third fund
Perusa Partners II held a final close on €207m in November 2011 and is deployed across 10 deals
ECM buys Albrecht & Dill
Previous owner and extended management team will acquire a minority stake in the new company
Capiton buys Ispin
Ispin's management team and co-founders Marco Marchesi and Stefan Napflin also invest
VC firms in €22m round for Foodspring
Corporate venture division of New Zealand-based dairy exporter Fonterra also took part
SwanCap holds final close on €433m
Fund will invest in primaries, direct co-investments and secondaries in Europe and North America
Deals accelerate in German online marketplaces
Three transactions in the space within the first two months of 2018 saw PE firms invest a combined €500m and cash out more than €700m
Cerberus- and JC Flowers-led consortium acquires HSH Nordbank
Non-performing loans valued at approximately €7bn will be acquired by the consortium separately
Haspa BGM, Schulz Systemtechnik buy Keil Anlagenbau
Haspa invests in buyouts and growth capital transactions for German mid-market companies
ECI-backed ATG buys Lot-tissimo
Combined group will host 18,000 auctions a year, with more than £2bn under the hammer
HSH Nordbank sale to be decided on Wednesday
JC Flowers owns a 5.1% in the bank and 94.9% is held by states of Hamburg and Schleswig-Holstein
Capvis to close fifth fund on hard-cap
More than 80% of LPs reupped into the fourth fund, which closed on its €720m hard-cap in 2014
GA backs ProSiebenSat.1's Nucom
Oakley sells minority stakes in portfolio companies Parship and Verivox at a combined EV of €970m
Agic, Capvis, Gilde, Nordic Capital in final Amann Girrbach round
Nordic Capital is reportedly the front-runner in the sale of the Austrian dental prosthetics company