Switzerland
ECM-backed Wieners+Wieners bolts on Apostroph
Bolt-on is continuation of ECM’s buy-and-build strategy in the German-speaking language services market
Earlybird leads $10.5m series-A for Shapeshift
New capital will be used to expand the team with a view to releasing two more exchange products in 2017
Keen Ventures leads $8m series-A for Beekeeper
Funding will be used to expand in the US and EMEA, hoping to reach 2 billion non-desk workers
Warburg Pincus buys 35% stake in Avaloq
Deal marks the third acquisition across the European fintech sector for the New York-based fund manager
Afinum-backed Let's Go Fitness bolts on Fitbudget
Transaction is the group's fifth bolt-on acquisition, bringing the total number of centres in western Switzerland to 45
Stirling Square appoints Hauptmeier to DACH team
Hauptmeier will contribute to the firm's investment activities in the DACH region
LGT buys Ares' debt funds manager European Capital
As part of the deal, the LP acquired the firm from US-based investor Ares Management
HIG acquires Swiss IT consulting business Infinigate
Rotkreuz-headquartered company intends to use the fresh capital to expand internationally through add-ons
BioMedPartners hits CHF 75m first close for third fund
Healthcare-focused GP expects to reach a final close by early 2018
Partners Group holds €1.5bn first close for direct investment fund
Buyout firm acquired French pharmaceutical group Cerba HealthCare for €1.8bn from PAI Partners earlier this year
DACH GPs hunt for value following fundraising bonanza
With strong fundraising activity in the region, GPs must now find value in a challenging market
Forbion, Seroba co-lead €29m series-B for Prexton
Backers include existing investors Merck Ventures, Ysios Capital and Sunstone Capital
Unigestion acquires Akina in $6bn AUM merger
Merged group will have $6bn in assets under management and will trade under the Unigestion brand
Bregal buys Swiss watches and jewellery retailer Embassy
Deal marks the sixth investment overall and the second in Switzerland for the GP
Akina closes Euro Choice VI on €410m
Fund previously held interim closes on €180m and more than €200m before the final close
Capvis buys majority stake in Felss Group
Deal saw the GP provide capital from its 2013-vintage Capvis Equity IV vehicle
Zurmont Madison leads fund restructuring, launches new vehicle
LPs have been offered the opportunity to cash out or roll over to the new vehicle, ZM Opportunity II
HQ Equita sells Stettler to Groupe Imi
GP sold its controlling stake in the business via a trade sale after five-year holding period
Adveq closes Adveq Europe VI on €462m
GP closed Adveq Specialised Investments and Adveq Europe Co-Investments earlier in 2016
Apax Partners buys Unilabs from Nordic Capital and Apax Partners France
As part of the deal, Nordic Capital and Apax Partners France fully exited the business
DACH buyouts on the rise throughout 2016
Despite low dealflow, the region saw an increase in buyouts during the course of the year, as aggregate value remained resolute
LGT hits $2.5bn first close for Crown Global Secondaries IV
According to a statement, the GP is eyeing a final close on the $2.8bn hard-cap in H1 2017
Swiss PE optimistic despite concerns over investment conditions
GPs and LPs discussed the state of Swiss PE at the Mergermarket Swiss M&A and PE event in Zurich
Polytech in $9.7m series-A for Ava
Other Swiss and American investors joined Polytech in the series-A round