Deutsche Private Equity
The Bolt-Ons Digest – 21 February 2023
Unquote’s selection of the latest add-ons with Investindustrial's CEME, Astorg's Fastmarkets, H&F's TeamSystem, and more
DPE to exit VTU Group in sale to Altor Capital
New sponsor will hold a majority stake in the Austrian engineering group with management reinvesting
DPE raises EUR 708m continuation fund for two IT consultancies
German GP’s new vehicle backed by AlpInvest, HarbourVest Partners and Pantheon Ventures
DPE preps sale of engineering firm VTU
Deutsche Private Equity acquired a 70% stake in the Austria-based company in 2018
Pinova sells Sill Optics to DPE
Sale of German precision optics manufacturer agreed in bilateral deal
DPE-backed building service provider Calvias files for insolvency
GP had placed the technical building service provider up for sale in late 2021, according to Mergermarket
Doxx to collect initial bids amid fierce midmarket sponsor interest
German digital healthcare staffing specialist has attracted GPs such as IK, DPE, Ardian, Chequers, Triton, PAI, Equistone, Rivean Capital
Capiton, Nord Holding sell Engelmann Sensor to DPE
Smart meter business is the final portfolio company in Capiton's 2010-vintage fourth fund
The Deals Pipeline
A highlight of deal processes underway and involving PE, either on the buy- or sell-side, across Europe
DPE's AWK bolts on Ginkgo Management Consulting
A regulatory filing from December stated that DPE was to acquire a controlling stake in Ginkgo
Deutsche Private Equity announces partner promotions
Six partner promotions follow the final close of DPE Deutschland IV in September 2020 on €1bn
DPE's AWK Group buys Talos
Deutsche Private Equity bought a 55% stake in IT consultancy AWK in 2017 via its third flagship fund
DPE acquires Mehler Vario System
Investment in the bulletproof equipment producer comes shortly after the €1bn final close of DPE IV
DPE Deutschland IV holds final close on €1bn
Fund will remain focused on Mittelstand buyouts and is the largest vehicle raised so far by the GP
DACH fundraising update: H2 2020 pipeline
Although the coronavirus pandemic has set back plans for many GPs, a number of buyout and venture vehicles are on the road in the DACH region
DPE's Massenberg bolts on Aéro Solutions
Deal is the second add-on for the construction repair company since DPE acquired it in 2019
Ardian buys majority stake in Swissbit
Investment comes from the GP's Expansion fund strategy and follows a competitive auction process
DPE sells stake in PharmaZell to Bridgepoint
Deutsche Private Equity invested in the company in 2013 and began the sale process in August 2019
DPE acquires Stromberg
DPE acquires surface protection specialist Stromberg as a bolt-on for its portfolio company
DPE to exit First Sensor for approximately €117m
DPE, Teslin Capital Management and other shareholders have agreed to sell their shares
DPE invests in Massenberg
DPE is currently investing from DPE Duetschland III, which held a final close on €575m in 2017
Auctus sells Valantic to DPE
Founding shareholders and management, led by Holder von Daniels, retain a stake of approximately 25%
DPE buys Be-terna from BPE
Company's CEO stated that DPE would "use its buy-and-build experience" to support the firm
DPE sells Expertum to trade
Sale ends a holding period of nine years for DPE, which founded the company in 2010