Switzerland
German banks lose position to debt funds
Private debt funds have supported the lion’s share of the German mid-market recently, with banks' risk aversion being cited as a key driver
Edenred leads CHF 14m series-B for Avrios
Lakestar, Notion Capital, Swisscom Ventures and Columbia Lake Partners also took part
Swiss bank launches impact investment arm
Asteria Investment Managers is set to provide institutional investors with access to private equity
VCs in $56m series-C for Kandou
Nine VCs have invested in a series-C funding round for semiconductors company Kandou
Thayer, ZKB lead $45m series-B for Beekeeper
Existing investors participate in the round for the communications technology company
VC firms invest in $40m series-B for Anokion
Anokion simultaneously announces the acquisition of US-based counterpart Kanyos Bio
LSP leads €10.5m series-D for Xeltis
Life Sciences Partners first invested in the medical devices company in 2014
VC-backed ADC Therapeutics announces IPO
Plans to raise $150m through the offering and use the proceeds to advance its clinical trials
VCs in $16.5m series-B for Bestmile
Existing investors Partech and Groupe ADP also re-up in the transportation software company
Cross Equity exits Swiss Tool Systems in trade sale
US-based RBC Bearings buys the modular tooling and boring systems business for CHF 33m
VCs invest $17.5m in Teralytics
Investors back Zurich-based transport analytics firm Teralytics to foster expansion abroad
Winona exits sports fashion retailer KJUS
Winona Capital invested in the Switzerland-based ski and golf apparel company in 2013
Investcorp acquires majority stake in Contentserv
Investcorp Technology Partners used its fourth-generation vehicle to acquire Contentserv
New direct equity fund boosts PE inflows for Partners Group
Private equity has been the second fastest asset class to grow, delivering 11% net growth
VCs sell Amal to Boehringer Ingelheim in €325m deal
Boehringer Ingelheim Venture Fund and High-Tech Gründerfonds provided seed funding for Amal in 2014
Flexstone closes its Select Opportunities II fund on €300m
Select Opportunities II invests in secondaries transactions and makes co-investments
LGT's Crown European Private Debt II fund closes on €1.35bn
CEPD II's original target was €800m, and it held a first close on $725m in August 2018
H&F-backed Allfunds bolts on Credit Suisse InvestLab
Credit Suisse will become a minority shareholder of up to 18% in the combined business
Charterhouse-backed Cooper bolts on Diepharmex
Geneva-headquartered Diepharmex manufactures products for hygiene and ear care such as ear sprays
ADC Therapeutics gathers $76m in series-E extension
Headquartered in Lausanne, ADC Therapeutics has raised $531m since its inception in 2012
CIC backs Mega Gossau
CIC Capital has acquired a minority stake with the management team retaining a majority
Wineus Capital acquires Zurrfix
Wineus typically provides investments of between CHF 5-30m for SMEs in Switzerland
DACH manufacturing slump puts strain on deal-doing
With confidence hitting a low point in DACH's manufacturing sector, PE investors have to navigate a winding road to find opportunities
Ekkio backs Mediliant
Mediliant is the fourth investment completed via Ekkio Capital IV, closed in May 2018