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Germany

Pharma-focused fundraises
Bain, Cinven yield to Elliott's Stada share price demands

Elliott announced last week that it would not support the Stada bid for less than €74.4 per share

  • Buyouts
  • 05 September 2017
Car mechanics and auto parts
Blackstone-backed AAG buys Klapper Autoteile

Andreas Klapper was the company's sole shareholder prior to the transaction and will remain CEO

  • Portfolio management
  • 05 September 2017
Lilium has developed an electric jet
Atomico in $90m series-B for Lilium

Chinese investment firm Tencent, LGT and Obvious Ventures also take part in the round

  • Early-stage
  • 05 September 2017
Calorie-tracking apps
Atlantic Labs backs Cara

Anonymous business angels also participated in the round, which will be used to launch the platform

  • Early-stage
  • 04 September 2017
Smartphone gaming
Rocket Internet sells Plinga to Orangegames

Seventure, PD and Klingel also sell their stakes while Spil Games retains its minority stake

  • Exits
  • 01 September 2017
Veterinary clinics
DACH region opening up for PE activity in veterinary space

Local regulations surrounding consolidation in the sector have held back PE investment but EU court rulings could bring opportunities

  • DACH
  • 01 September 2017
DefShop is a retailer of streetwear and urban brands
Equistone buys fashion retailer DefShop

GP secures a majority stake from the founder of the business, who will retain a minority

  • Buyouts
  • 31 August 2017
Medication and pharmaceutical products
Elliott demands €74.4 per share to support Stada takeover

Hedge fund Elliott Management held a stake of 11.43% in the company as of 28 August

  • Buyouts
  • 31 August 2017
Room leasing and holiday apartments
Cherry Ventures in €4m round for Homelike

Existing investor Coparion has also participated in the round, which will fund recruitment

  • Expansion
  • 30 August 2017
Insurtech services and software
VC firms back €10m seed round for Coya

Angel investors Mato Peric, Rolf Schrömigens, Elvir Omerbegovic and Marco Knauf also invest

  • Early-stage
  • 30 August 2017
3D printers and software
BayBG backs German RepRap

BayBG will acquire a minority stake in the company, which remains majority owned by its founders

  • Expansion
  • 29 August 2017
Robert Schmidt of DBAG
DBAG hires Robert Schmidt as partner

Schmidt will provide support to the DBAG investment team in selecting and reviewing investments

  • People
  • 29 August 2017
Remote working apps and systems
HTGF leads seed round for DeviceTrust

Deal for software developer is the fifth German investment made by the VC in August 2017

  • Early-stage
  • 25 August 2017
Estate agents and lettings services
EQT Ventures leads €3m seed round for Home

EQT Ventures has invested around 90% of its Europe-focused maiden fund to date

  • Expansion
  • 25 August 2017
Smartphone users
HTGF backs WhatsBroadcast in €5m series-A

Investors include Müller Medien, Media + More Ventures, Wessel Management and minority shareholders

  • Early-stage
  • 25 August 2017
Pills and pharmaceutical products
Bain and Cinven nearing deal completion for Stada

Five members of Stada's supervisory board have resigned as a result, stating their task is complete

  • Buyouts
  • 25 August 2017
G2 Esports is a competitive videogaming club and coaching service
Macro Ventures backs G2 Esports

FC Barcelona player André Gomes is also participating in the round alongside family office Everblue

  • Early-stage
  • 25 August 2017
Retail delivery services and logistics
B-to-V leads €6.5m series-A for Seven Senders

Reno Kohler, founder of Internetstores, also participated in the round alongside existing investors

  • Expansion
  • 25 August 2017
People moves and promotions
Sun European's Bösenberg joins Quadriga

Bösenberg left Sun European Partners in late June, triggering the closure of the GP's Frankfurt office

  • People
  • 24 August 2017
Engines and auto parts
Capvis buys engine insulation business Thermamax

Capvis will draw equity from Capvis Equity IV, which held a final close on €720m in 2014

  • Buyouts
  • 24 August 2017
Carbon fibre materials
HTGF, MBG sell majority stake in Compositence to GON

ZFHN Zukunftsfonds Heilbronn also sold its stake in the company after investing in 2013

  • Exits
  • 22 August 2017
Biotechnology
HTGF, HIF in €800,000 round for Rodos Biotarget

Otto Gies previously invested in the company via crowdfunding platforms Seedmatch and Aescuvest

  • Early-stage
  • 21 August 2017
Pharmaceuticals
Bain and Cinven takeover of Stada gets over the line

Bain, Cinven secured more than 63% of outstanding shares during the acceptance period

  • Buyouts
  • 18 August 2017
Video conferencing and VOIP cloud systems
Permira rejects low PE bids for Teamviewer

Bids valued the company at €1.8-2.1bn, short of Permira's targeted valuation of up to €2.3bn

  • Exits
  • 18 August 2017
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