Switzerland
Ardian acquires Sintetica
In 2018, Sintetica reported revenues of CHF 75m, up from approximately CHF 60m in 2017
EQT, ADIA to acquire Nestlé Skin Health in CHF 10.2bn deal
Auction process saw KKR, a consortium of Advent International and Cinven, and Unilever as bidders
Buy-and-build drives consolidation in DACH
Last year saw the second highest volume of bolt-on deals in the DACH region in the post-2008 era
VCs sell Therachon to Pfizer for $810m
Pfizer will acquire Therachon for $340m with $470m in additional, conditional payments
Panakès Partners in CHF 9.5m round for SamanTree
Panakès Partners is using equity from its Fund I, which invests €5-6m in European startups
Consortium invests CHF 12.5m in Alentis
BioMedPartners, BB Pureos Bioventures, BPI France, Schroder Adveq and HTGF participate in the deal
Unigestion launches second direct investment vehicle
Predecessor fund held a €255m final close in 2017 after 21 months on the road
Battery Ventures-backed AED-Sicad acquires Geocom
Geocom and AED-Sicad will merge and the combined company will operate under a new brand
Ardian to acquire Sintetica
Sintetica recorded revenue of approximately €60m for 2018 and employs around 300 staff
Aurelius exits Granovit
Management led by CEO Andreas Fischer will continue to operationally restructure Granovit
Sofinnova, NEA in CHF 22.5m funding round for Polyneuron
Polyneuron develops biodegradable glycopolymers for the treatment of autoimmune diseases
Ufenau holds €560m close for Ufenau VI German Asset Light
Investors include Banque Pictet & Cie, Argentum Fondsinvesteringer and Wave Management
IK supports Klingel's acquisitions of Bächler, Gehring
Klingel is an IK VIII fund company and was acquired by the firm in 2018 from Halder
Nordic GPs set their sights on the DACH region
Nordic buyout houses are increasing their presence in the region, both in terms of deal activity and boots on the ground
Pureos Bioventures leads CHF 10m series-A for NovaGo
Swiss clinical-stage biotech company Neurimmune also takes part in the investment
Syncona leads CHF 35m series-A for Anaveon
Anaveon initially received seed funding from the UZH Life Sciences Fund and BaseLaunch
PG Impact Investments holds $210m final close
Firm is independent but has access to Partners Groupтs infrastructure, expertise and resources
Strong LP appetite and creative credit to fuel DACH growth
Despite stiff competition for assets, PE firms in the DACH region hit record deal volume in 2018 and expect further growth in 2019
Altor launches DACH office
Altor recently held the final close of its Altor Fund V on its hard-cap of €2.5bn
Gyrus signs first deal with DowDuPont carve-out
Just four months after being launched, Gyrus Capital has signed the complex carve-out of DuPont Sustainable Solutions
Jacobs Holding sells down stake in Cognita
BDT Capital Partners and Sofina have taken minority stakes in the international school group
Equistone makes new hire and seven promotions
Promotions and appointments take place across offices in France, Germany, Switzerland and the UK
Polytech, Investiere lead €2.8m series-A for Kiwi
Swiss impact funds Symbiotics and 1to4 Foundation also take part in the financing
Insight invests $500m in Veeam
Canada Pension Plan Investment Board joins in funding round for data management software company