Switzerland
DACH venture and growth deals reach volume high in H1 2020
Growth and VC deal volume exceeded that of all previous half-yearly figures, although average deal size and fundraising activity declined
Occident leads CHF 5.1m series-A for Hemotune
Also backing the biotech startup were the Zürcher Kantonalbank and Greencross Medical Science Corp
Versant Ventures invests $30m in Matterhorn Biosciences
Versant has launched the T-cell therapy developer in partnership with the University of Basel
Verium-backed Tavola acquires Frische und Service
Tavola already owns Frische und Service's Swiss market peer Ceposa, which it acquired in 2018
Permira buys majority stake in EF Kids & Teens
Switzerland-headquartered company runs language schools and online learning in China and Indonesia
VC-backed Pricehubble buys Checkmyplace
Pricehubble has received investment from VCs including BtoV and Helvetia Venture Fund
Ufenau's Swiss IT Security buys Keyon
IT security firm has made 13 add-on acquisitions since Ufenau's investment in November 2017
Energize Ventures backs $10m Beekeeper series-B extension
Latest round for Switzerland-based remote working software brings its series-B total to $60m
Pictet closes Monte Rosa V on $1.164bn
Earlier funds have generated a net IRR of more than 13% and a TVPI of 1.65x
DACH fundraising update: H2 2020 pipeline
Although the coronavirus pandemic has set back plans for many GPs, a number of buyout and venture vehicles are on the road in the DACH region
Allegra buys two printing companies from Sandoz Family Foundation
Switzerland-based Genoud and Italy-based Musumeci focus on printing for luxury goods industries
Invision's Schneider to buy Apriori Transport & Logistics
Freight service makes its second bolt-on of 2020, having acquired Nova Traffic in May
Capiton-backed CymbiQ Group buys Aspectra
Deal is the third bolt-on for the IT service in its cybersecurity buy-and-build strategy
M&A wave incoming in 2021, says Edmond de Rothschild CIO
Investment bank's H2 2020 outlook also emphasises continuing macroeconomic uncertainty, and singles out healthcare and data assets as winners
Equinox closes third fund on €360m
Equinox III targets Italian companies operating in the food, retail, technology and healthcare sectors
Unigestion announces closes for Secondary V and Direct II
Secondary V has held a first close on €228m, while Direct II held a third close on €375m
Longitude Capital leads $40m round for Polares Medical
Existing investors Decheng, Endeavour Vision, IDO, Earlybird and Wellington also take part
Waterland's Tineo bolts on Netrics
Consolidation strategy in the Swiss IT consultancy sector also saw Tineo acquire Nexellent in 2019
Evoco holds €93m first close for third fund
GP buys bundles of three or four assets in one transaction and is optimistic about opportunities
Water Street and JLL acquire Solvias
GPs have assisted with the recruitment of new members to the pharmaceutical research company's board
Wenvest Capital leads CHF 8m round for Teylor
Sternbeis, business angels and institutional investors also back the SME digital lending software developer
Ardian buys minority stake in ProduceShop
GP invested in the e-commerce indoor and outdoor furniture company via its Ardian Growth strategy
CGS Management buys Kalt Maschinenbau
GP aims to follow a buy-and-build strategy for the Switzerland-based cheese-making machinery company
EGS invests CHF 50m in Spineart
Ernst Göhner Foundation joins Gimv as a minority investor in the spinal surgery company