Germany
Charterhouse and CVC's Ista receives second round bids
Charterhouse and CVC Capital Partners are receiving second round bids for German energy-metering firm Ista, in an auction that could fetch €3bn, according to reports.
Steadfast promotes Buschmann and Geiger to partnership
Steadfast Capital has promoted Kay Buschmann and Markus Geiger to partners.
Earlybird joins Auctionata investors in new funding round
Earlybird has joined existing investors Bright Capital and Kite Ventures in a new funding round for German online auction house Auctionata, estimated at around $2.7m.
DACH unquote” April 2013
The German government’s draft proposals for banking reform, based on the Liikanen Report, are seen by many in the private equity industry as yet another threat from legislators, despite the unclear effect it may have on the asset class.
HTGF et al. reinvest in Altruja
High-Tech Gründerfonds (HTGF), Bayern Kapital and Extorel have backed German social fundraising software Altruja in a second financing round, alongside new investors Mun-ic and HP Capital.
CGS III closes above target
CGS has closed its third fund on CHF 208m, above its original hard-cap.
WHEB Partners backs Hoffmeister Leuchten
WHEB Partners has invested in German low-energy lighting business Hoffmeister Leuchten GmbH.
HTGF et al. in €2.6m Transcatheter Tech series-B round
High-Tech Gründerfonds (HTGF), Tubaflex Beteiligungs GmbH and others have backed a €2.6m series-B round for German biotech business Transcatheter Technologies, a developer of transcatheter heart valve technology.
DBAG reshuffles supervisory board
German mid-market listed investor DBAG has re-shuffled its supervisory board at its annual meeting this week, electing Wilken von Hodenberg as the new member succeeding Günther Langenbucher.
Reed Elsevier leads $10m series-B round for Babbel
Reed Elsevier Ventures has led a $10m funding round for German online learning business Babbel, which also attracted investment from IBB Beteiligungsgesellschaft, Nokia Growth Partners and Kizoo.
Gimv sells stake in Halder
Belgian private equity firm Gimv has handed back its stake in fellow German private equity house Halder to the GP.
Deutsche Beteiligungs AG acquires Stephan Machinery
Deutsche Beteiligungs AG (DBAG) has acquired German business Stephan Machinery, a manufacturer of food processing machinery, in an MBO valued at €40m.
PE-backed Nomad Digital buys Inova Multimedia
Nomad Digital, a provider of connectivity solutions to the transportation sector backed by Amadeus Capital Partners, T-Mobile Ventures, SEB Venture Capital and North Star Ventures, has acquired Inova Multimedia, a German provider of information, entertainment...
PVP closes €3m series-A for CryoTherapeutics
Peppermint Venture Partners (PVP) has joined an investor consortium including High-Tech Gründerfonds (HTGF) in a €3m series-A round for German biotech company CryoTherapeutics.
Iris Capital leads reBuy round
French VC Iris Capital has led a funding round for Germany-based used products e-commerce website reBuy.
TA Associates invests in Onlineprinters
TA Associates has backed German printing business Onlineprinters.
ECM acquires Bergmann Automotive
Equity Capital Management (ECM) has acquired a majority stake in German industrial business Bergmann Automotive, alongside management and the company's family owners.
b-to-v Partners leads funding for ondeso
b-to-v Partners has led a funding round for German IT security company ondeso, which also saw commitments from existing investors Bayern Kapital and High-Tech Gründerfonds (HTGF).
PE-backed Hofmann bolts on Posterjack
Hofmann, a Spanish photo album specialist backed by Realza Capital and Portobello Capital, has acquired German customised printing company Posterjack.
Iris Capital and Capnamic Ventures join forces
Iris Capital and Capnamic Ventures have entered into a partnership agreement to make early-stage investments in Germany.
HTGF, eCapital et al. invest €3.3m in Saperatec
A consortium led by eCapital entrepreneurial Partners and including High-Tech Gründerfonds (HTGF), Gründerfonds Bielefeld-Ostwestfalen, NRW Bank and a business angel, has invested €3.3m in German recycling business Saperatec.
CVC sells further shares in Evonik ahead of IPO
CVC and Rag Foundation have sold a further 4.6% stake in German chemicals business Evonik, reducing their stakes by around 6% each in total, ahead of a renewed attempt at listing the business.
Russian Direct Investment Fund seeks partnership with Germany
State-backed Russian Direct Investment Fund (RDIF) is looking to form a strategic partnership for co-investments with Germany, according to reports.
DACH unquote” March 2013
Austria’s private equity scene could be on the verge of a mini-boom as January’s deal activity has already out-stripped the whole of last year’s first quarter.