News/DACH
CVC's Evonik to divest minority stake in energy business
Evonik, in which CVC Capital Partners holds a minority stake, is weighing the sale of a minority stake of its energy division.
Pantheon acquired by AMG
Fund-of-funds manager Pantheon Ventures is to be acquired by US-based Affiliated Managers Group (AMG) for $775m.
General Atlantic appoints senior advisor for Europe
General Atlantic (GA) has appointed Mike McTighe as special advisor to the firm in Europe.
Neuhaus Partners takes stake in Searchmetrics
Neuhaus Partners has invested in software company Searchmetrics GmbH to fund the company's international expansion.
Aggressive banks push Kabel Deutschland debt to 70%
According to sources close to the deal speaking to unquote", the banks involved in the pending Kabel Deutschland deal have aggressively pushed the equity to just 30% of the deal valued at as much as EUR 5bn. Equity ratios of just 30% are almost unheard...
Montagu Private Equity prepares for EUR 2bn IPO of BSN Medical
Montagu has hired Morgan Stanley to advise on a possible IPO for medical supplies company BSN Medical, which is expected to fetch up to EUR 2bn. A sales process was started about one-and-a-half years ago, but abandoned.
EXCLUSIVE - Argos Soditic reaps 4.2x on Kägi sale
Argos Soditic has sold its stake in Kägi to an undisclosed Swiss industrial family, generating 4.2x money.
Consortium funds Eucodis with EUR 2m
Existing investors Pontis Capital, Wiener Wachstumsfonds, IBG und Arax have invested EUR 2m in enzyme company Eucodis Bioscience.
HTGF and Bayern Kapital invest in InnoMotix
High-Tech Gründerfonds and Bayern Kapital have invested in pneumatics company InnoMotix GmbH.
AVCO moves offices
The Austrian Private Equity and Venture Capital Organisation (AVCO) has moved offices.
Nordic Mezzanine hires three
Nordic Mezzanine has appointed Marlof Tjaden investment director, Tin Radosevic investment manager, and Kenneth Johansson analyst.
BioMedPartners strengthens management team
Healthcare venture firm BioMedPartners has strengthened its management with Josef Bissig as new venture partner.
Frog Capital invests EUR 3m in agri.capital
Growth capital investor Frog Capital has invested EUR 3m in biogas producer agri.capital.
Banca Leonardo shuts down PE activities
The wave of structural reorganisations has hit Italy’s Banca Leonardo, which is one of the recent banks to decide to re-focus its activities, towards its advisory and wealth management and away private equity division.
CVC appoints new senior adviser
Buyout firm CVC Capital Partners has appointed Thomas Renyi, as senior adviser.
Venture-backed Cycleenergy acquires Gaishorn
Venture-backed biomass plant company Cycleenergy has acquired Bioenergie Gaishorn GmbH and doubled its capacities.
EK Fin acquires 15% of Transfer Industries
Mittelstandsfinanzierungs AG has acquired 15% of Transfer Industries GmbH, which owns turbine manufacturer Global Hydro Energy GmbH.
Q&A: LPs take direct route
Deborah Sterescu speaks to Ben Hewetson, director of Teachers’ Private Capital in London on the merits of direct investing.
Carlyle names HR head for Europe and MENA
Private equity firm The Carlyle Group has named Annie Paydar as head of Human Resources for the European and MENA regions.
3TS Capital Partners sells adverServe
3TS Capital Partners has sold its majority stake in adverServe Digital Advertising Services GmbH. In 2006, 3TS invested into adverServe as part of its earlier PXP Software AG engagement.