Germany
Germany quiets down in Q4
After a substantial increase in deal activity in Q3, the German private equity market grew quieter again towards the end of 2012.
Target Partners invests €2m in Finanzchef24
Target Partners has made a €2m series-A investment in German online financial services start-up Finanzchef24 GmbH.
Axa PE exits Phönix/Strack Group to Curtiss-Wright
Axa Private Equity has sold its entire stake in German specialist valves provider Phönix/Strack Group to the Curtiss-Wright Corporation for €82m.
Point Nine Capital et al. back ePetWorld
Point Nine Capital, Mountain Super Angel and Blumberg Capital have invested in German online pet products retailer ePetWorld.
3i to offload more assets
3i is looking to sell at least four of its portfolio companies, according to reports, as it continues to refocus its strategy.
IBB invests in seed round for food.de
IBB Beteiligungsgesellschaft has taken part in a €500,000-1m seed round for German online food retailer food.de.
VR Equitypartner and Bayern LB buy GHM Messtechnik from BPE
VR Equitypartner and Bayern LB Capital Partner have acquired German test and measurement equipment manufacturer GHM Messtechnik from BPE Unternehmensbeteiligungen for an estimated deal value of €50-100m.
HTGF backs BioRob
High-Tech Gründerfonds (HTGF) has invested seed capital in German lightweight robot developer BioRob.
AlixPartners promotes eight across European offices
Advisory firm AlixPartners has promoted three team members to managing director and another five to the position of director.
HTGF backs Drug Response Dx
High-Tech Gründerfonds (HTGF) has backed German biotechnology start-up Drug Response Dx (DRDx), in what marks the company's first round of funding.
Holtzbrinck and Sunstone back Paymill
Holtzbrinck Ventures and Sunstone Capital have invested €10m in German payment services provider Paymill.
Stirling Square acquires Cartonplast Group
Stirling Square Capital Partners has acquired German plastic processing business Cartonplast Group in an MBO from Synergo SGR.
German private equity’s 2012 highlights
2012 in review: Germany
MVM leads $10m round for eZono
MVM Life Science Partners has led a $10m funding round for eZono, a German developer of portable ultrasound systems.
Cyrte buys Emesa from Oakley Capital
Cyrte Investments has bought Dutch travel and leisure e-commerce company Emesa from its current investors, including Oakley Capital, for approximately €95m.
Holiday deals round-up
European private equity saw an exceptionally busy Christmas period this year, with many investors wrapping up deals right at the end of 2012. Here’s a round-up of all the events of the last two weeks.
Blumberg Capital et al. invest $4m in Kreditech
Blumberg Capital, Point Nine Capital and an unnamed German investment bank have backed German B2C micro-loans provider Kreditech with $4m of funding.
HTGF and Seedfonds BW invest in tocario
High-Tech Gründerfonds (HTGF) and Seedfonds Baden-Württemberg have invested in a first round of funding for German virtual desktop provider tocario.
KKR and Permira sell ProSiebenSat.1's Nordic unit
Kohlberg Kravis Roberts & Co (KKR) and Permira have sold SBS, the Nordic unit of German media empire ProSiebenSat.1 Media, to trade buyer Discovery Communications for €1.325bn.
German PE set to suffer tax blow
While German private equity breathes a sigh of relief over AIFMD implementation, a new threat of tough taxation is rearing its head.
Arx Equity Partners sells Lexum to Moonray Healthcare
Arx Equity Partners has sold Czech ophthalmology and refractive surgery provider Lexum to British healthcare investor Moonray Healthcare.
HTGF et al. back Stocard
High-Tech Gründerfonds (HTGF), Klaas Kersting, CD-Venture and a group of business angels have backed German mobile startup Stocard with a €500,000-1m investment.
Waterland exits Windrose Finest Travel
Waterland Private Equity Investments has sold German luxury travel company Windrose Finest Travel (formerly Windrose Fernreisen Touristik) to German trade buyer RV Touristik.
DACH unquote" December 2012/January 2013
Activity in Germany has been slow throughout the year but as the end of summer approached, deals and exits began to surface.