Official Record/DACH
Towerbrook-backed Gravity Media buys Genesis Broadcast
Genesis Broadcast Services will be rebranded to Gearhouse Broadcast following the deal
3i sells Scandlines to First State and Hermes in €1.7bn deal
Vendor reinvests for a 35% stake in the Danish-German ferry operator after an 11-year holding
VC firms back $11m series-A for Bestmile
Road Ventures, Partech Ventures, Airbus Venture and Serena Capital also take part
Spark Capital et al. back Tourlane
Consortium of VC firms take part in a €7m series-A round for German travel planning specialist Tourlane
Mangrove in $30m funding round for Saga Foundation
Lightspeed Venture Partners, the Singulariteam Technology Group and Initial Capital also take part
Unigestion launches global fund-of-funds
Fund will be targeting mostly primary buyout funds with a small allocation to secondaries
VC firms invest €25m in Geld-für-Flug
Hannover-based Seed + Speed Ventures took part in the round alongside Luxembourg-based EPI
Triton sells stake in Befesa
Shares are valued at approximately €123.9m, based on the share price of €41.30 per share
Capnamic leads €4m series-A for Userlane
High-Tech Gründerfonds, Commerzbank's Main Incubator and FTR Ventures also take part
Novalpina holds second close for debut fund
Novalpina's maiden fund, Novalpina Capital Partners I, was announced in May 2017 with a €1bn target
VC-backed N26 raises $160m
Earlybird Venture Capital, Horizons Ventures and Valar Ventures previously backed the business
Triton-backed Glamox buys O Küttel
Acquisition will be used as a platform for Glamox to enter the Swiss lighting market
VC firms sell Prexton to Lundbeck for up to €905m
Vendors include Sunstone Capital, Ysios Capital Partners and Forbion Capital Partners
UnternehmerTUM leads €6.5m funding round for Fazua
Early-stage investors High-Tech Gründerfonds and Bayern Kapital are also taking part
CVC's Wireless Logic bolts on Mdex
Acquisition of the German IT business comes shortly after the acquirer secured a £115m refinancing
Redalpine leads seed round for Lemon One
Funds will be used to accelerate growth, build up the team and expand across Europe
CGS holds interim close for fourth fund
GP has made two platform investments from the new vehicle, expects five to seven overall
Cipio backs €10.5m round for B2X
Seligman Private Equity invested €4.25m in the first tranche of the series-C funding round
Palamon makes 3.6x on sale of Ober Scharrer to Nordic Capital
Sale is the 16th realisation from Palamon’s 2006-vintage fund, Palamon European Equity II
Rocket Internet sells down Delivery Hero stake
Sale values Delivery Hero shares at approximately €34.53, up from €25.50 at the point of IPO
Equistone-backed GalaKerzen buys Juwelkerze
Second candle manufacturer Equistone has acquired this year, after Ramesh Flowers
Bencis buys Halex from H2
Deal ends a four-and-a-half-year holding period for H2, which acquired the company in 2013
Equistone VI holds final close on €2.8bn hard-cap
Mid-market PE investor saw total potential commitments of €4bn, significantly exceeding target
VM Capital buys Ibykus
Long-standing board member Stephan Behr and other co-investors take a minority stake