Germany
Zukunftsfonds Heilbronn, HTGF et al. back Compositence
Zukunftsfonds Heilbronn has become the lead investor in German carbon-fibre components company Compositence following a capital increase round that also included fresh investment from High-Tech Gründerfonds (HTGF) and Mittelständische Beteiligungsgesellschaft...
German activity sluggish despite mega-deals
German activity
VC-backed GetYourGuide acquires Gidsy
GetYourGuide, a portfolio company of Profounders Capital, Spark Capital and Highland Capital Partners Europe, has acquired Berlin-based Gidsy, a peer-to-peer platform backed by Sunstone Capital, Index Ventures and private investors.
DBAG invests in Inexio
Deutsche Beteiligungs AG (DBAG) has invested €10.6m of growth capital in German broadband connections provider Inexio Informationstechnologie und Telekommunikation KGaA.
AIFMD passed into German federal law
Germany has passed legislation for the implementation of the Europe-wide AIFM Directive into federal law, following a year of intense campaigning by representatives of the private equity industry.
CVC's Evonik begins listing process in Frankfurt and Luxembourg
CVC-backed Evonik Industries has begun its much anticipated listing process by issuing its 466 million shares simultaneously in Frankfurt and Luxembourg.
BayBG joins HTGF and Bayern Kapital in €1m GME series-A
BayBG has joined existing investors High-Tech Gründerfonds (HTGF) and Bayern Kapital in a €1m series-A round for German laser and light systems provider German Medical Engineering (GME), alongside private investors.
Afinum holds final close for fourth buyout fund
Afinum has held a first and final close for its fourth mid-cap buyout fund, Afinum Siebte Beteiligungsgesellschaft mbH & Co KG, on its €280m hard-cap.
Seventure Partners invests €2.5m in Personal MedSystems
Seventure Partners has invested in German mobile medical equipment company Personal MedSystems, alongside High-Tech Gründerfonds, as part of a €2.5m series-A financing.
Blumberg et al. in new funding for Kreditech
Blumberg Capital, Point Nine Capital and H2 Investments have been joined by the new Samwer brothers' start-up fund Global Founders Capital in a new funding round for German business Kreditech.
CVC buys Ista back from Charterhouse
CVC Capital Partners has bought back German metering business Ista, in which it has held a stake since 2003, from Charterhouse Capital Partners for €3.1bn.
Earlybird leads €10m series-A for Motain
Earlybird Venture Capital has led a €10m series-A funding round for Berlin-based app developer Motain, the company behind The Football App.
Deutsche PE invests growth capital in SLM Solutions
Deutsche Private Equity has completed a growth capital investment in SLM Solutions GmbH.
EdRip and Forbion lead funding for Allecra Therapeutics
Edmond de Rothschild Investment Partners (EdRip) and Forbion Capital Partners have invested in a €15m series-A round for Swiss biotech company Allecra Therapeutics.
HTGF et al. invest €2.6m in Rodos BioTarget
High-Tech Gründerfonds (HTGF), InvestImpuls-Fonds and KfW’s ERP Start Fund have invested €2.6m of growth capital in German biotech company Rodos BioTarget, alongside private investors and family offices.
Charterhouse could pull Ista and Elior sales
Charterhouse could put the sale processes of German energy-metering firm Ista and French catering company Elior on hold in the face of lacklustre bids, according to reports.
Riverside promotes two in Europe
Riverside has promoted two members of staff in its European offices, as part of a nine-strong promotion flurry across the global firm.
Banks arrange debt for sale of 3i and Allianz's Scandlines
A debt package of up to €1bn is being put together for the sale of German ferry operator Scandlines, owned by 3i and Allianz Capital Partners, according to reports.
Novaliq raises €13.9m from Dievini Hopp
German drug delivery firm Novaliq GmbH has completed a fifth round of funding, raising €13.9m from existing backer Dievini Hopp.
Lanxess joins HTGF II investors
German chemicals company Lanxess has invested a low seven-figure sum in venture investor High-Tech Gründerfonds' second fund, raising the vehicle's total commitments to €301.5m.
Halder appoints new executive chairman
Halder Beteiligungsberatung has appointed Hanns Ostmeier as executive chairman in the firm's Frankfurt office.
DPE closes fund II on €350m
Deutsche Private Equity (DPE) has closed its second fund on €350m, alongside a feeder fund.
DPE closes second fund on €350m
Deutsche Private Equity (DPE) has closed its second fund on €350m and acquired its French partner Parcom, according to reports.
TPG mulls listing of Grohe Group
TPG-backed Grohe Group, a supplier of bathroom and kitchen products, is considering an IPO after a lengthy nine-year holding period.