Austria
Auctus closes third fund on €155m
Auctus Capital Partners has closed its latest fund Auctus III at a revised hard-cap of €155m following a substantial over-subscription.
Deutsche unquote” out now!
The latest digital edition of Deutsche unquote” is out now, looking at the state of the German venture industry, which is today dominated by government-backed players.
Deutsche unquote" March 2011
Metalor Technologies, a Swiss portfolio company of Astorg Partners, has agreed to acquire NECC’s Coatings Division in Asia.
Gamma MezzoPreneurs back Henn
Gamma MezzoPreneurs has provided mezzanine funding for the management buy in of Martin Ohneberg.
Mid Europa Partners getting ready to exit Orange Austria
Mid Europa Partners is reported to be looking to sell its 65% stake in Orange Austria to France Telecom, which already holds 35% of the mobile phone service provider.
Global Equity Partners acquires Lenzing division
Global Equity Partners and private investors have acquired Lenzing's plastic-filament business.
Scottish Equity Partners and Target Partners invest in Hetras
Scottish Equity Partners and German venture firm Target Partners have invested a multi-million euro amount in Austrian developer of hotel management software Hetras.
Deutsche unquote" February 2011
Deutsche Beteiligungs AG (DBAG) has held a first close at €170m for its latest fund, DBAG Expansion Capital. The vehicle has a target of €250m and will principally adhere to the investment strategy of DBAG’s buyout funds.
Global Equity Partners appoints Alexandra Nagl
Global Equity Partners has appointed Alexandra Nagl to its investor relations team.
Deutsche unquote" January 2011
While France and the UK saw a dramatic return of megabuyouts in the summer of 2010, Europe's other powerhouse economy, Germany, was host to just a single deal valued at more than €1bn.
Deutsche unquote" November/December 2010
MEPs have now agreed on the final text of the Alternative Investment Fund Managers (AIFM) Directive, bringing 18 months of discussion to an end.
Hypo Equity becomes Alpine Equity
Austrian lower mid-cap investor Hypo Equity has changed its name to Alpine Equity, following the spin out from Hypo Landesbank Vorarlberg.
Gamma III lead early-stage funding of Mobilizy
Austrian early-stage specialist Gamma Capital Partners had advised its latest fund, Gamma III, on a first round investment in Mobilizy GmbH. Terms of the deal are not disclosed.
Deutsche unquote" October 2010
European politicians have made a “major step” forward in agreeing the final form of the Alternative Investment Fund Managers’ (AIFM) Directive, according to Belgium’s finance minister.
EPS Value Plus supports acquisition for FotoDesk subsidiary
EPS Value Plus has supported the acquisition of the online photo and business printing division of netservice.cc for the Colorplaza AG subsidiary of portfolio company FotoDesk Group AG.
Lead Equities backs German IT outsourcer SOLCOM
Lead Equities, has backed the buyout of German IT freelance agency SOLCOM, acquiring a 75% stake. No financial details have been disclosed.
Deutsche unquote" June 2010
HgCapital’s spurt of acquisitions has reached the German market, with the €116.6m buyout of SimonsVoss.
Acton closes internet growth-equity fund at €150m
Acton Capital Partners has announced the final closure of its Heureka Growth Fund.
Partners Group Global Value 2008 closes on €537m
Partners Group has closed Partners Group Global Value 2008 on €537m, exceeding the target of €500m.
JP Morgan wins IFC's PE administration mandate
The International Finance Corporation's Assets Management Company (AMC) has appointed JP Morgan to provide private equity accounting and fund administration services.
Madison Dearborn soldiers on to close Fund VI
The Chicago-based buyout house takes well over two years to close latest fund at around 40% of its original target
GCP exits Fatfoogoo to Digital River $10m
Austrian venture capital house GCP gamma capital partners has sold online trading platform FatFoogoo to NASDAQ-listed e-commerce group Digital River. The exit values FatFoogoo at $10m and GCP has further agreed an earnout provision.
Afinum acquires Sinnex
Afinum Management has acquired luxury yacht outfitter Sinnex Holding GmbH, which encompasses Sinnex Steinheimer Innenausbau GmbH based in Steinheim an der Murr and Sinnex Innenausbau GmbH based in Griffen, Austria.
Portfolio management: Unlocking value potential
In a challenging exit market, private equity firms now need to focus more than ever on the operational value drivers of their portfolio companies. Market due diligence may hold the key. Mareen Goebel reports.