Germany
COI Partners launches DACH growth fund with EUR 120m target
GP's first institutional fund will invest on a 50:50 basis alongside the sponsor's own deal-by-deal vehicles
Crédit Mutuel Equity boosts German deal hunt with new appointments
Crédit Mutuel Group-backed evergreen fund to plough “several hundred million euros” in DACH
Mubadala leads equity raise in Wefox's USD 400m Series D
Berlin-based insurtech platform valued at USD 4.5bn in equity and debt round
Equistone weighs auction for United Initiators
Evercore is advising on upcoming sale of the Germany-based specialty chemicals supplier
Novum places MMC Studios in continuation fund
New vehicle will allow German GP to complete wind-down of Fund I; DWS Private Equity added as anchor investor
Levine Leichtman Capital inches closer to first German deal
Planned transaction follows US investor's opening of Frankfurt office in January
Earlybird names three new Digital West partners
Andre Retterath and Paul Klemm are existing team members, while Vincenzo Narciso joins from Px3 Partners
Earlybird holds Growth Opportunity V first close
Later-stage fund has a EUR 300m target and will mainly back existing Earlybird investments
Acton Capital holds Fund VI first close, expands investment team
VC firm has hired Sophie Ahrens-Gruber in Munich and appointed Hannes Gruber as partner in Vancouver
Gyrus buys majority stake in Katalist Group
GP and Katalist's founders are planning bolt-ons for the food and pharma supply chain software firm
Paragon Partners explores Inprotec sale
GP has appointed advisers to gauge interest in the Germany-based chemicals contract manufacturer
Project A holds USD 375m final close for Fund IV
Vehicle includes a component of up to USD 80m for the German firm’s PE co-investments
Investcorp to reap 3x return in softgarden sale to trade
German recruitment software provider to be sold to Polish HR tech group Grupa Prajuc for EUR 118m
Capcellence-backed Argo-Hytos to be sold to Voith
Trade sale follows Lincoln-led auction for Swiss hydraulic components supplier; Capcellence remains invested
High-Tech Gründerfonds holds first close for fourth seed fund
German investor aims for second close later this year after receiving over EUR 400m in commitments
Hg exits Medifox Dan to trade for EUR 950m, nets 4x return
Houlihan-Lokey led auction attracted large-cap sponsors such as BC Partners, Warburg Pincus and Permira
Aurelius exits German blown film maker Hammerl to trade
Distressed investor has sold company to German construction material manufacturer Karl Bachl
Polo Motorrad sale faces headwinds despite pandemic boost
Equistone is advised by Baird in an auction for the German motorbike accessories specialist
Oakley Capital reaps 10x on Contabo exit to KKR
Vendor will reinvest GBP 37m in the Germany-based cloud infrastructure and hosting provider
3i to buy majority stake in xSuite from Pinova
Vendor and management team will reinvest in the German accounts payable process automation specialist
SGT Capital at halfway point of USD 2bn fundraising ambition
USD 800m first closing coincides with regulatory approval for Utimaco acquisition
Advent and Lanxess form EUR 3.7bn polymers JV with Royal DSM carve-out
Buyers pay EUR 3.7bn for DEM; the new unit has sales of over EUR 3bn and EBITDA of EUR 500m
IK exits Bahr Modultechnik in EUR 98m trade sale
IK acquired the modular electric linear motion systems producer in 2018 via its Small Cap strategy
Cipio promotes Kirchheim to partner
Ansgar Kirchheim joined the growth capital investor around 18 months ago from High-Tech Gründerfonds