Germany
VC-backed IDNow acquires Wirecard Communication Services
IDNow intends to expand its customer service offering following increased demand in recent months
Pinova Capital invests in AT Automation Technology
Deal is the sixth from Pinova Fund II, which held a final close in January 2017 on €180m
GP Profile: Egeria
Hannes Rumer, a partner in Egeria's new Munich office, discusses the GP’s strategy and deal pipeline for the DACH region
Maguar Capital and co-investors acquire HRWorks
Aberdeen Standard Investments, EMZ Partners, Golding and LFPE are also backing Maguar's debut deal
CE Capital acquires Walter Hundhausen
Iron castings manufacturer filed for insolvency in May 2020, as did its parent company GMH Guss
Mosaic, Santander in funding round for Bonify
Experian Ventures and the founders of fintech company Raisin also take part in the investment
DBAG acquires Congatec
MBO of the computing and robotic components producer is the second deal from DBAG Fund VIII
EMZ acquires HRWorks
EMZ recently opened its first international office in Munich, headed by partner Klaus Maurer
Consortium in $100m round for Omio
Fresh capital will be used for organic growth activities and M&A opportunities
Global Brain extends series-A for Element Insurance
Global Brain is investing from its SFV GB Fund, a joint venture between Sony Financial Ventures and Global Brain Corporation
Bid acquires Pisa Sales
Bid is expected to merge Pisa with portfolio company Infopark, which it acquired in August 2020
Vangionen Capital backs Guenter Hofstetter
Vangionen is acquiring the company following its filing for bankruptcy at a court in Heilbronn in June
Waterland's Beck Et Al buys InfoWan
IT cloud service group now comprises four businesses and was formed by Waterland in May 2020
Adiuva-backed Konzmann acquires Trenker
Building services provider has made 12 add-ons since Adiuva Capital first invested in 2016
DACH venture and growth deals reach volume high in H1 2020
Growth and VC deal volume exceeded that of all previous half-yearly figures, although average deal size and fundraising activity declined
Deutsche Beteiligungs AG acquires Multimon
Acquisition of the fire safety systems provider is the first from the GP's €1.1bn eighth fund
Advent buys 30% stake in Aareon
Deal gives the property software company an EV of €960m, with Advent's stake valued at €260m
Debt funds making inroads in DACH amid Covid-19, says GCA
GCA's Mid Cap Monitor shows that debt funds financed 71% of German LBOs in H1 2020, with the firm expecting an activity uptick in Q4
VCs in €5m round for Klima
EVentures, 468 Capital and HV Holtzbrinck back the round for the climate change mitigation app
La Famiglia announces second fund
B2B-focused venture capital fund has made eight investments so far and is targeting €50m
Unquote Private Equity Podcast: Made in Germany
This week, the Unquote Podcast focuses on Germany, where private equity activity has remained resilient despite Covid-19
HQ Equita buys majority stake in Muegge
Microwave components producer was acquired from its parent company Meyer Burger Technology
Advent International acquires stakes in Hermes UK and Germany
GP reportedly pays €1bn for the two stakes in the parcel delivery firm
Bid Equity buys majority stake in Infopark
Deal is the second from Bid Equity II, which held a close in November 2019 and targets B2B software