Germany
Apax buys Adco
GP sees off competition from Core Equity Holdings, EQT Partners and Triton Partners
Nordic Capital shelves GHD GesundHeits sale - report
Nordic Capital has halted a sale process for homecare company GHD, which involved PAI and CD&R
Adcuram acquires Garbe
Industrial holding company Adcuram has acquired five entities under the Garbe Gruppe
EQT to sell Charleston
EQT acquired Charleston in 2014 and made nine bolt-on acquisitions throughout its holding period
AP Ventures et al. invest €17m in Hydrogenious
AP Ventures and several corporates have invested €17m in the hydrogen carrier company
Gimv to sell Thinkstep to trade
Gimv first invested in the company's €8m financing round in 2010 alongside Next47
Paragon closes fourth fund on €780m
2014's The Paragon Fund II closed on €412m and is fully deployed, making its last investment in July
Gimv, Sofinnova, Gilde exit Breath Therapeutics for €500m
Gimv and Sofinnova Partners co-led a 2017 €43.5m series-A for Breath Therapeutics, with participation from Gilde Helathcare
Visionaries Club holds double close on <€80m
Debut funds for new Berlin-based VC Visionaries Club approach their hard-caps with family offices as LPs
Waterland's Median Kliniken bolts on Eschenburg, Rhein-Reha
Waterland has owned Median Kliniken since 2014 and has now bolted on 21 companies
Lakestar leads $70m series-C for Sennder
Accel, Next47, H14, HV Holtzbrinck Ventures, Project A and Scania Growth Capital all take part
Paragon acquires Pro Optik
Optical retail chain Pro Optik is likely to be Paragon III fund's first acquisition
VCs exit Understand.AI to trade
Germany-based trade buyer DSpace has acquired autonomous driving software company Understand.AI
N26 receives investment of $170m in series-D extension
Tencent Holding and Allianz X have invested in the series-D funding round extension
Arsenal to acquire Clariant healthcare business for CHF 308m
Enterprise value of the healthcare business is equivalent to 13.2x adjusted EBITDA for 2018
Yabeo, IBB, Atlantic Labs sell stakes in Dentolo to trade
Atlantic Labs first invested in the dental insurance platform in 2016, with Yabeo investing in 2017
Permira, TCV lead series-F for FlixMobility
HV Holtzbrinck Ventures and the European Investment Bank also participated in the funding round
3i announces eight hires and three promotions
3i has promoted and hired 11 people in Amsterdam, Frankfurt, Paris, London and New York
VCs in funding round for Optiopay
Insurance company NN Group makes its first investment in the payments software company
Creandum leads €30m series-B for Billie
Existing investors Picus Capital, Speedinvest and Global Founders Capital participate in the round
UK loses shine as continental Europe attracts dealflow – comment
Private equity still looks to the UK for finance, but the deals now go elsewhere in Europe, writes Mayer Brown's Stuart Brinkworth
Finexx supports GSE's acquisition of Fitne
GSE has acquired dietary supplements manufacturer Fitne from Logocos, a subsidiary of L'Oréal
Bencis invests in Gebhardt-Stahl
Bencis is currently investing from Bencis Buyout Fund V, which closed on €425m in 2016
Eurazeo-backed Efeso buys ROI Management Consulting
GP bought France-based business strategy and operations consultancy Efeso in Q4 2018