Germany
VC-backed Home24 prices €600m IPO
Flotation prices at the higher end of the €19.5-24.5 range set at the start of June
Avedon sells Seebach to trade for €60m
Avedon acquired the business in 2012, drawing equity from the €190m NIBC Growth Capital Fund II
Advent buys Deutsche Fachpflege from Chequers
Current management team will retain a stake in the new company and remain in their positions
DACH investors turn to value creation to justify high multiples
Three of the five most active private equity firms based in the DACH region last year used non-standard investment models
Vitruvian buys Doctari
GP draws equity for the transaction from its €2.4bn buyout fund, Vitruvian Partnership III
HQ Equita buys Steindl Group
Steindl comprises packaging machinery manufacturers Fawema and HDG Verpackungsmachinen
SHS-backed Novo Klinik buys Innocath
Novo Klinik is expanding its product portfolio in the field of airway management
Ufenau-backed Lavatio acquires Kruppert
GP plans on using its buy-and-build strategy to establish and grow the group in the DACH region
DBAG backs Karl Eugen Fischer in MBO from Equistone
Deal is the fourth MBO structured by DBAG Fund VII since it began deploying capital in 2016
Video: Triton's Marcus Brans on operational expertise
Triton's Marcus Brans discusses the most important way that investors can add value to companies
Alpina-backed ITB buys Logis
Both Alpina and its co-investor, private holding company Command, are providing fresh capital
BlackFin appoints Franzmeyer to lead DACH expansion
Franzmeyer joins as managing director and will become head of Blackfin in Germany in September
NGP leads $20m series-B for Caroobi
Other backers in the round include Target Global, BMW iVentures, DN Capital and Cherry Ventures
Palero sells Krähe-Versand to HBB Holding
Palero acquired Krähe-Versand in January 2015 from the Berner Group
Target Global launches $100m transport fund
Fund will invest in startups in the transport sector, with a focus on Germany and Israel
VC firms invest $30m in Coya
Fresh capital will be used to establish the company in Germany once it receives approval from BaFin
VR Equitypartner sells Vohtec to trade
Deal ends a five-year holding period for VR Equitypartner, which acquired a 49.9% stake in 2013
PE-backed Concardis and Nets set to merge
Deal will see Concardis shareholders contribute their shares in return for Nets shares
VC firms back €10m series-A for FinCompare
Dutch bank ING joins the syndicate as the lead investor via its corporate venturing arm
DBAG buys Von Poll Immobilien
Third investment from DBAG ECF I, which raised €85m for its latest vintage in June 2017
Steadfast holds first close on €220m
Vehicle has a target of €250m and a hard-cap of €300m, which the GP is expected to reach
UVC Partners leads €4.4m series-A for Innoactive
UVC Partners draws capital for the financing from €82m VC fund, UnternehmerTUM Fonds II
Triton-backed Arvos sells Raymond Bartlett Snow
Thermal processing division is headquartered in Naperville, US, and employs 100 people globally
VC-backed Home24 sets IPO price range at €19.5-24.5
Primary offering consists of 7,692,307 shares and a primary greenshoe that will not exceed 15%