Switzerland
Genui invests in Labor Team W
MBI deal sees Genui take a majority stake in the diagnostics lab, investing alongside its management
Apposite Capital acquires 1Med
GP has secured financing for a buy-and-build strategy for the contract research organisation firm
Novo, HBM lead CHF 100m round for Numab
New investors in the round include Forbion, which is participating via its Growth Opportunities fund
Gro-backed Trifork to list in €400m IPO
Planned exit comes six years after software investor Gro Capital invested €6m in Trifork for a 20% stake
Q1 DACH VC and growth deals surpass previous volume high
Deal volume has grown steadily since Q2 2019; aggregate value has also been rising since Q2 2020
CVC leads growth investment in Acronis
Cybersecurity software developer is valued at $2.5bn, compared with $1bn at its last funding round in 2019
Gyrus holds close for Gyrus Investment Program
Program comprises Gyrus Principal Fund and its co-investment Cortex fund; it has a €400m hard-cap
Telemos Capital acquires Mammut
Conzzeta began to explore sale options for the Swiss outdoor clothing and hardware brand in 2019
DACH buyouts continue recovery from Q2 2020 low
Both deal volume and value are now back on par with the figures for Q4 2019, prior to the pandemic
Endeavour Vision closes Medtech Growth II on $375m
Fund is 30% larger than its predecessor and will continue to focus on medtech growth investments
Patrimonium hires Mogwitz
Ulrich Mogwitz joins the firm's private equity team from impact investor Prorsum
VCs in $115m round for CeQur
Funding round is the largest ever recorded for a medical equipment company in Switzerland
Klar Partners to acquire ISS Kanal Services
Carve-out is the first DACH-region platform investment from Klar Partners' €600m debut fund
KPS to buy Crown's EMEA tinplate packaging business
European packaging sector buyouts in 2021 already exceed the aggregate value recorded in 2020
MTIP holds first close for second fund
Digital-health-focused growth investor has a hard-cap of €250m and target of €200m for MTIP Fund II
Gyrus Principal Fund to close in Q2 2021
Fund focuses on healthcare, technology and sustainability, and expects to close on its €400m hard-cap
DACH Fundraising Pipeline - Q1 2021
Unquote compiles a roundup of the most notable fundraises ongoing across the DACH market, including Capiton, Afinum, Gyrus, Cipio, and more
One Equity Partners buys stake in Cicor Group
GP is to acquire a stake in the Switzerland-based circuit board producer from HEB Swiss Investment
Equistone acquires Franke Water Systems
Carve-out comprises kitchen and bathroom fittings businesses Water Systems Commercial Group and KWC
VCs in CHF 15m round for Carvolution
Entrepreneur Franvisco Fernandez, the founder of banking platform Avaloq, leads the round
DPE's AWK bolts on Ginkgo Management Consulting
A regulatory filing from December stated that DPE was to acquire a controlling stake in Ginkgo
DACH exit rebound expected in H2 2021
DACH PE players completed 16 exits in January 2021, compared with 14 in January 2020, hinting at signs of a gradual recovery
Schroder Adveq registers fourth secondaries fund
Both a US dollar-denominated and a euro-denominated vehicle have been registered
Sovereign's Acolin bolts on Fundbase
Swiss fund service platform is planning further add-ons in key European financial centres