Germany
Hg-backed STP acquires WBDat
Hg acquired a majority stake in STP in 2016 via its lower-mid-market Mercury Fund
Valar Ventures leads $28m round for Cluno
Existing investors Atlantic Labs and Acton Capital Partners also participated in the round
Silverfleet appoints Quadriga's Sommer in Munich
Sommer joins from Quadriga Capital, where he was a director for buyout investments in the DACH region
Hg-backed Noventic bolts on Ch. Mittendorf and Neotech
Hg retained a minority stake in Noventic after the sale of its portfolio company Qundis
Ardian hires Friedrich to join buyout team
Alexander Friedrich joins from Quadriga Capital, where he led the services and software sector teams
Index, Ribbit and Thrive in $114m series-D funding round for Raisin
Index Ventures first invested in a series-A funding round for the company in 2014
Freitag promotes Prüfer to managing partner
Prüfer spent time at Macquarie and HBA-Consulting before joining Freitag & Co in 2011
Halder sells Wback to trade buyer
Halder is currently divesting from its 2009-vintage restructured Halder Germany II fund
VCs back CrossEngage in series-A funding round
Existing investors including Project A, Vorwerk Ventures and Earlybird Venture Capital also participate
LBO France-backed My Media Group bolts on Peak Ace
My Media Group has been considering targets in France, Germany and the UK since July 2018
Orkila Capital invests €15m in Cannamedical
Orkila invests for a minority stake, while founder David Henn will retain a 60% stake
MPEP launches fund-of-funds
First time the fund-of-funds manager has widely marketed its programme to external LPs
HGTF backs Instagrid
HGTF is joined by Segnalita Ventures and Martin Global in a seven-figure funding round
Goodwin hires Latham & Watkins' Klenk
Goodwin hires private equity and M&A lawyer Gregor Klenk as a partner in its Frankfurt office
Carlyle acquires SER
Acquisition was made from the firm's CETP III fund, which focuses on technology companies
Hg buys Transporeon from TPG
Acquisition continues Hg's strategy for B2B cloud-based software and network companies
CGS-backed Photonics bolts on LS Laser Systems
CGS is looking to buy a fourth portfolio company and bolt on two more for Eol and Photonics
Cerberus and Centerbridge offer €600m for NordLB
Firms will each pay half the offer price in a bid for a minority stake in the German lender
VCs sell Wine in Black to trade
Consortium includes Project A, Black River Ventures, E.Ventures, Bright Capital and Passion Capital
Golding receives commitments in excess of €900m
Golding is expected to hold a first close of the fund-of-funds in the next couple of weeks
Waterland launches new buy-and-build with Rehacon
Waterland plans to realise synergies with portfolio companies Median Kliniken and Schönes Leben
Lea Partners invests in IDL
Capital will be used to accelerate the development of the software and expand its market position
Equistone-backed PIA bolts-on UDG
Acquisition is PIA's fifth since Equistone's buyout, following SoQuero, Dymatrix, Appico and TAB
Silverfleet supports bolt-on for Pumpenfabrik Wangen
GP initially invested in Pumpenfabrik Wangen in a €105m buyout in September 2017