P+P Pöllath + Partners
Gimv acquires Smart Battery Solutions
Gimv typically invests between €5-50m in companies with enterprise values of up to €200m
Berlin mulls stricter rules on foreign takeovers
Bundesrat suggests that the government expands its powers for reviewing foreign investments, with likely implications for PE activity in the country
German tax act gives LPs exemption rate of 80%
New rules apply to German and international funds treated as corporate taxpayers
Germany’s new foreign investment rules raise challenges for PE
Government's adoption of an amendment giving it increased rights of scrutiny could require increased due diligence for private equity houses
Riverside appoints ex-Invest Europe head Dörte Höppner
Current COO Avi Turetsky will transition out of the firm over the summer and focus on private equity research
Odewald & Compagnie sells mateco stake to TVH
Odewald & Compagnie (O&C) has sold its stake in German aerial platform provider mateco Gruppe to Belgian trade buyer TVH.
Equistone buys Sunrise Medical Mobility from Vestar
Equistone Partners Europe has agreed to buy Sunrise Medical Mobility from Vestar Capital Partners.
Vorwerk and Omnes back Tennis-Point
Vorwerk Direct Selling Ventures and Omnes Capital have invested in German tennis e-commerce business Tennis-Point.
Secondary buyouts continue to boom, but for how long?
The European secondary buyout market is deeper and more active than the primary market, but buyers should beware that its health is ultimately dependent on the same factors that drive primary transactions. Anneken Tappe reports
Quadriga Capital acquires Lapp Insulators
Private equity house Quadriga Capital has bought Lapp Insulators from Andlinger & Company.
Halder exits VAG Armaturen
Halder has sold tap manufacturer VAG Armaturen to drive system and components specialist Rexnord LLC for €175m.