Germany
Capiton sells EMS Schwanenmühle
Sale ends a holding period of almost six years for Capiton's €350m fourth buyout fund
Aurelius expands management team
Albrecht will be responsible for acquisitions and sales across all business areas in his new role
Equistone sells Caseking to Gilde
Equistone makes the divestment from its fourth fund, which closed on €1.5bn in 2013
Pinova buys WMD Group
GP draws equity from Pinova Capital Fund 2, a €180m vehicle that held a final close in January
VC firms sell Nu3 to trade
Shop Apotheke finances the acquisition with the issuance of 54,470 new shares and additional cash
Elvaston buys Futura Retail Solutions
Management has retained a substantial stake and operational control of the business
Cinven merges Viridum with Generali Lebensversicherung
Transaction is an exit for Fifth Cinven Fund, which held a final close on €5.3bn in 2013
BWK buys Rasselstein Raumsysteme
Two unnamed private investors co-invested alongside BWK, taking 20% and 10% stakes
Nord Holding sells Parador to trade for €82.8m
Total cash consideration is €72.3m, which includes a payment of €53m to Parador's shareholders
Premium buys Clarus from Pinova
Clarus's management team led by Norman Thom and Markus Mondani will remain invested
PE-backed FNZ Group buys EBase for €151m
Sale is expected to generate a positive non-recurring income before tax of €85m for Comdirect
HQ Equita buys R2P and Open Access
Management teams of both companies will remain in their roles and retain significant stakes
Waterland buys Hansefit
Waterland will invest in expanding the company's service portfolio and digitalising its services
Oakley sells Damovo to Eli for up to €140m
Sale of the IT business will generate a 5.4x return for the vendor, equivalent to a 57% IRR
Afinum sells Orwo Net
Sale ends a seven-year holding period for Afinum, which acquired a minority stake in 2011
HTGF, ECapital invest €4.6m in FMC
Round is closed just nine months after HTGF backed a seed round for the business
Draper Esprit to co-invest with Earlybird
Draper Esprit has taken a stake in Earlybird's new Digital West Early Stage Fund VI
Nordwind acquires Supernatural
Nordwind invests in companies with revenues between €5-100m on a deal-by-deal basis
Nordic inks Prospitalia deal with Five Arrows
GP intends to support management in its plan to strengthen the company's market position
SwanCap launches co-investment fund
SwanCap held a final close on тЌ433m for SwanCap Opportunities Fund III in February 2018
Waterland's Median buys Klinikzentrum Mühlengrund
Seventeenth bolt-on acquisition in the healthcare buy-and-build strategy since 2011
HQ Capital signs joint venture with China's Yuanju
Yuanju is a multi-strategy fund manager set up by Chinese state-owned asset manager Everbright
Adcuram hires Brickenkamp and Feldt
Brickenkamp leaves his post at Frankfurt-listed Technotrans to join as head of operations
Highland Europe holds €463m final close
Tech-focused fund will be equally deployed across France, Germany, the UK and the rest of Europe