Germany
VR Equitypartner increases stake in GMS Development
GP invested in the CRM software company in September 2015 and is now to acquire a majority stake
3i-backed Evernex bolts on Vitruvian's Technogroup
3i deploys €47m in capital, while Vitruvian rolls over a significant investment in the combined group
DEWB sells MueTec to trade
China-based Suzhou TZTek Technology is to acquire the company for €25m, according to a statement
Optum Vetures et al. back $26m series-B for Kaia Health
Idinvest and Capital300 also back the digital therapy platform, along with existing investors
BlackRock and ApoBank launch healthcare fund
BlackRock-managed fund aims to give ApoBank's institutional clients access to healthcare investments
HQ Capital closes Auda VIII on $750m
GP's latest fund-of-funds vehicle is its largest yet and is double the size of Auda VII
Aduram's Poggenpohl sold to trade
Deal has been approved by the company's creditors committee and is expected to close by the end of June
Fly Ventures holds final close for second fund on €53m
Berlin-based VC will continue its focus on seed investments in enterprise software and "deeptech"
KKR's Heidelpay invests in Tillhub
Investment is the contactless payment company's first since it was acquired by KKR in 2019
VCs exit Caroobi to Deutsches Werkstattnetz
Online car repair platform's previous investors included Cherry Ventures, DN Capital and Target Global
Ardian-backed Gantner buys Contidata
Deal expands the contactless payment company's product portfolio to the catering sector
83North leads $30m series-B for Wandelbots
Existing investors Paua Ventures, EQT Ventures and Atlantic Labs also back the robotics company
Compass Partners' Rodenstock completes €75m capital increase
Compass had put the opthalmology business up for sale earlier in 2020, but delayed the process
German government to buy stake in Dievini Hopp's Curevac
State-backed KfW joins Dievini Hopp in the messenger RNA drug developer's shareholder base
LEA Partners sells Bellin to trade
Sale to Nasdaq-listed Coupa marks the first exit from the GP's LEA Mittelstandspartner Fund
DPE's Massenberg bolts on Aéro Solutions
Deal is the second add-on for the construction repair company since DPE acquired it in 2019
S-UBG invests in Lunovu
GP invests in SMEs in Aachen, Krefeld and Mönchengladbach from the €40m TechVision Fonds I vehicle
Waterland makes two bolt-ons for Athera
Physiotherapy provider was formerly known as Rehacon, but has announced the launch of new branding
Cambridge Associates opens Munich office
Office will be led by Alex Koriath, head of European pension practice and regional head for Germany
NGC acquires Gelford Gebäudereinigung & Dienstleistungen
MBO is part of a succession solution for the Germany-based building cleaning and services company
Global Founders et al. back €7.5m round for Alasco
Anyon, HV Holtzbrinck Ventures and Picus Capital also back the construction software developer
DevCo-backed VAG acquires ZMK Technologies
DevCo-backed Vexve Armatury Group (VAG) has acquired a majority stake in German valve supplier ZMK Technologies from Advanced Holdings т a Singaporean listed company focusing on engineering services and clean technologies т and the founders of the company....
DMH acquires Pluradent
Sale of the dental supplier comes after self-administration was initiated in February 2020
Consortium backs €8.8m round for Bepro
Football analytics software backers include existing investors Altos Ventures and Softbank Ventures