Germany
Deutsche unquote" July/August 2011
Just a few months after closing what many call Europe’s most impressive fund of the year, Montagu is waving goodbye to two directors, unquote” has learned from sources close to the fund.
Bertelsmann et al. join series-B round for deal united
Bertelsmann Digital Media Investments, KfW Bankengruppe, High-Tech Gründerfonds (HTGF) and Venture Incubator have invested in a series-B round of finance for payment specialist deal united.
Former Barclays-owned Novem in talks about sale
Former Barclays Private Equity-owned automotive supplier Novem Group is reported to be placed on the market again.
Ventizz sells stake in vitronet
Ventizz Capital Partners has together with the company’s management sold a 15% stake in broadband network specialist vitronet to RWE Deutschland.
Roland Berger expands with five partners
Strategy advisory company Roland Berger has appointed a total of 18 new partners worldwide of which five are joining the company from other firms.
Target Partners appoints new partner
Venture capital firm Target Partners has announced the appointment of entrepreneur and business angel Tim Stracke as partner.
Cognetas divests KSM Castings to CITIC Dicastal
Private equity house Cognetas has divested automotive industry supplier KSM Castings to CITIC Dicastal for an amount thought to be more than €300m.
Target Partners adds serial entrepreneur
Tim Stracke has joined Target Partners as a venture partner.
IKB hires Ina Burghardt
German specialist bank for corporate financing in Germany and Europe IKB Deutsche Industriebank has appointed Ina Burghardt as a vice president of its syndication team.
HTGF backs Krauttools with €500,000
High-Tech Gründerfonds (HTGF) has invested €500,000 in customer voting solution provider Krauttools.
Steadfast holds first close at €104m
Steadfast Capital has announced a first close of its third fund at €104m.
Consortium provides €7m funding for NonWoTecc
NRW.Bank, Rheinland Venture Capital, Kreissparkasse Köln, HTGF and KfW have backed NonWoTecc Medical in a second financing round worth €7m.
Creathor Venture and HTGF invest in Sirion Biotech
Creathor Venture and current investors HTGF, KfW and Bayerkapital have invested in biotechnology company Sirion Biotech.
K&L Gates appoints former Broich Bezzenberger employees
K&L Gates has expanded its Frankfurt team with the appointment of Andreas Füchsel as partner and Claudius Paul as counsel.
Triton takes over Compo
Private equity house Triton has invested €205m in the buyout of garden-fertiliser distributor Compo.
Triton acquires Europart
Private equity house Triton has acquired commercial vehicles parts distributor Europart from the Pederzani family for an undisclosed amount.
General Atlantic Partners exits Navigon
Private equity house General Atlantic Partners has sold navigation software specialist Navigon in a trade sale to US company Garmin.
Nordwind Capital plans to float SHW
Private equity house Nordwind Capital is planning to list automotive supplier SHW Automotive AG on the Frankfurt Stock Exchange.
bmp acquires brand eins
Private equity house bmp has acquired 28.7% of shares in publishing company brand eins Medien AG, bringing its total holding up to 35.23%.
Blackstone nears Jack Wolfskin deal
Private equity company Blackstone is close to a possible acquisition of German outdoor equipment provider Jack Wolfskin, according to reports.
DBAG closes fund at €242m
Deutsche Beteiligungs AG (DBAG) has announced the final close of its DBAG Expansion Capital Fund at €242m.
BB Biotech provides further €1m for Natural Dental Implants
BB Biotech Ventures has led a follow-on financing round for Natural Dental Implants AG with €1m.
HTGF and Seedfonds BW back Compositence
HTGF and Seedfonds Baden-Württemberg have invested an undisclosed amount in technology company Compositence.
Leonardo Venture invests in InovisCoat
Leonardo Venture has backed InovisCoat in a further round of funding with €275,500.