Germany
Investors participate in N26 $100m series-D extension
N26 will continue to invest in growing its presence across 24 European markets and the US
Thyssenkrupp Elevator consortium seeks additional equity investors – report
Advent, Cinven and RAG Stiftung agreed to buy the company in February in a deal valued at €17.2bn
Paragon Partners to acquire Weka
Acquisition of the specialised publishing company will be the third from the GP's third fund
HTGF exits Incapptic Connect to trade
Sale to California-based MobileIron was valued at $6m, following HTGF's first investment in 2017
RBB buys stake in Wurst- und Fleischwaren Bautzen
Sausage and meat products company filed for insolvency in November 2019 and was seeking new investors
Lincoln International appoints two managing directors
Christian Schwarzmueller will join the DACH team while Florus Plantenga joins the London office
DBAG announces 20% fall in portfolio NAV
Portolio NAV has fallen by around 20%, but the GP's telecoms companies are largely unaffected
Novum Capital closes second fund on €150m
Final close includes all investors from the GP's debut fund plus €40m in commitments from new LPs
BPE 4 holds final close on €135m
Vehicle held a first close on €122m in December 2019 and the vehicle has made its first investment
BPE backs Dätwyler Sealing Technologies MBO
MBO is the first investment from BPE 4, which held a final close in March 2020 on €135m
Silver Investment Partners appoints two partners
Promotion of Matthias Loos and Daniel Schmitz brings the Germany-based GP's partner team to five
VR Equitypartner-backed Kälte Eckert buys Gartner Keil & Co
Deal is the second add-on for the Germany-based cooling systems and cold storage specialist
Adcuram-backed Poggenpohl files for insolvency
Kitchen furnishings retailer plans to continue its restructuring and will seek new investment
German GPs weigh up portfolio damage and rescue packages
Nature of Germany's industrials-weighted economy has caused problems for some GPs when it comes to liquidity needs
Speedinvest leads €8m round for Schüttflix
B2B construction material delivery company plans to expand beyond Germany in 2021
Felix Capital et al. back €15m series-B for YFood
Foodtech company has increased its revenues by 300% in the past year, according to a statement
HCS sells AGO to RheinEnergie
Sale ends a six-year holding period for HCS and was conducted via a competitive auction process
Paragon buys Castolin Eutectic
Acquisition of the industrial equipment protection and repair specialist is Paragon's first in 2020
Maxburg Capital Partners buys stake in Saracus Consulting
GP deployed equity from its third fund to acquire the Germany-based IT consultancy
CGS-backed EoL bolts on BSM Maschinenfabrik
GP is seeking add-ons in the packaging sector since acquiring Germany-based A+F in 2017
Bayern Kapital, CD-Venture in series-C for TriOptoTec
Company has seen increased demand for its disinfectant Dryphox and plans to scale up production
SHS appoints Sascha Alilovic as managing partner
Alilovic has been a partner at SHS since 2018 and will succeed SHS founder Reinhilde Spatscheck
Borromin-backed Protect Medical buys Spencer Italia
Acquisition of the medical equipment producer is the first bolt-on during the investment period
Consortium backs series-B for Leon-Nanodrugs
Investors in the biotechnology company comprise VCs and corporates, including new investor BayBG