News/DACH
The Deals Pipeline
A fortnightly highlight of deal processes underway and involving PE, either on the buy- or sell-side, across Europe
Hannover Finanz appoints Pauli as partner in Germany
Robert Pauli previously spent nearly two decades at Nord Holding
Moravia Capital hires Lambert as partner
Harry Lambert joins the placement agent after more than three years at DeBere Capital Partners
EQT and Ardian in final round for Schülke – report
PAI is also in the final round for the hygiene products company, according to Mergermarket
Thyssenkrupp receives elevator unit bids from two consortia
€16bn deal would be the largest in Germany’s history and the third highest ever in Europe
Bain-backed Fintyre Germany for sale in insolvency proceedings
Tyre retail group is up for sale with PwC advising, following the insolvency of several subsidiaries
Heal Capital names Weber as managing partner
Eckhardt Weber will manage the firm along with managing director Christian Weiß
Reiff Reifen files for insolvency
Bain's tyre wholesale and retail group European Fintyre Distribution bought the company in 2017
EQT, Omers buy Deutsche Glasfaser from KKR
Company has a reported enterprise value of €2.5-3bn and will merge with EQT portfolio company Inexio
Acton hires new principal
Elizabeth von Lichem joins the Germany-based venture capital investor from the EIB
BC Partners puts CeramTec on exit radar
While a formal process is yet to launch, Goldman Sachs is seen to be in a strong position for the mandate
PAI Partners to launch €600m mid-market fund
Vehicle will target companies based across Italy, Spain, Germany, France and the Benelux region
Capza appoints Abensour as head of investor relations
GP also appoints Stefan Arneth from MEAG as sales manager for Germany, Austria and Switzerland
DACH VCs introduce sustainability clause
VCs and their portfolio companies will commit via a term sheet and shareholder agreement clause
Brandkamp leaves HTGF to establish new fund
Brandkamp will join the new European Circular Bioeconomy Fund, focusing on sustainable investments
PAI's Meyer-Schönherr steps down
Meyer-Schönherr's responsibilities will be taken over by Andreas Kumeth and Philipp Meyer
Renzenbrink & Partner strengthens finance and PE teams
Firm hires Isabell Hitzer to its finance team and promotes Niels Maier to partner in private equity
Lindsay Goldberg in talks to sell Schur Flexibles
GP bought the plastic packaging company in 2016 and the exit is expected to complete in Q1 2020
Main Capital collects €535m for sixth software buyout fund
Buyout fund should hit its €564m hard-cap in January 2020, Unquote understands
Speedinvest promotes Markus Lang to partner
Land joined Speedinvest in 2015 and has acted as a board member in various portfolio companies
Lone Star in talks to acquire BASF's chemicals division
Final stage of the auction process comes after BASF began looking for a buyer at the end of 2018
Level 20 names Pam Jackson as new chief exec
Jackson succedes Jeryl Andrew, who will retire from the role at the end of the year
Eurazeo Growth makes new appointments
PE firm recruits two MDs and an associate across its UK, German and French offices
Verdane opens Berlin office
GP aims to invest in German consumer internet and software companies