DACH
Afinum nears EUR 410m-EUR 420m fund close; mulls new fundraise
Plans for Fund 10 to be contemplated by mid-2024 “at the earliest” as GP advances on succession changes
Afinum founders kick off succession planning with two new managing directors
First step in succession preparations will also see two partners join management team later this year
DBAG sells Pmflex following trade approach
Pre-wired electrical installation conduits manufacture sold to Hager Group following a 2.5 year investment period
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
Paragon sells Inprotec to industrials group
Trade sale ends a four-year holding period for the Germany-based specialty chemicals business
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
Altor hires MD from EQT in push for tech investments in DACH
Hajo Krösche has joined Nordic investor’s Zurich office as partner
Main Capital creates software group enventa after four DACH deals
With EUR 25m in combined revenues, new buy-and-build platform will focus on ERP, business intelligence and financial solutions
Triton hires new CFO
Matthew Couch is set to join Triton as CFO in December
LGT closes fifth secondaries fund on $4.5bn hard-cap
GP had a target of raising $3.75-3.80bn for the fund, and is larger than its $2.8bn predecessor
Silverfleet promotes two to partner
Knight is based in London while Sommer is based in Silverfleet's Munich office
Finch holds first close for third European fintech fund
New fund is targeting тЌ150m and will double down on AI-enabled fintech companies in Europe
Nordic Capital promotes two to partner
Pär Norberg heads the investor relations team while Philippe Neuschäfer focuses on lower-mid-market healthcare investments in DACH
Unquote Private Equity Podcast: DACH 2020 Review
Katharine Hidalgo welcomes Unquote DACH reporter Harriet Matthews to discuss how dealflow and fundraising prospects are faring as 2021 rolls on
IK Investment carves out Alba from Alba Baving Group
GP is deploying equity from the IK Small Cap II fund, which closed on its hard-cap of €550m in February 2018
German biotech firm Topas raises €22m in series-B round
Biotech company has raised €40m in equity financing since 2016
Global LBO returns see sharp decline in H1 2020 - research
Returns from private equity funds globally slumped in the first two quarters of 2020, says eFront
Forto raises estimated €25m from Inven, Northzone et al.
Funding comes from new investor Inven Capital and existing investors Cherry Ventures, Northzone and Cavalry Ventures.
Zeotap raises $42m in series-C round
Company has raised around $62m since being founded in 2014
Lincoln hires three in DACH healthcare team
Dirk Loeffler, Julian Knirim and Jens Gerlach all join Lincoln from Raymond James
SHS appoints Jacqui as senior adviser
Heinz Jacqui has a medical technology background and will assist with SHS's investments in this area
Aquiline leads $20m series-D round for Treasury Intelligence
Company has so far raised more than $40m and will use new funding to scale its operations
Maxburg acquires Metoda from Bayern Kapital, HTGF, TEV
VCs exit the technology business having first invested in it in 2014
Xpension raises €25m series-C round led by HPE Growth
Company has raised more than €50m in funding so far.