Lyceum Capital has announced the sale of the Coperion Group, an application technology and services company serving the compounding, extrusion and bulk materials handling industries to Deutsche Beteiligungs AG for EUR 300m. Lyceum acquired a majority stake in Coperion at the end of 2002 and assumed sole ownership in 2006. From negative EBITDA in 2003, Coperion recorded EBITDA of approximately EUR 40m on sales of EUR 450m in 2006 and has seen its staff grow to over 2,000.
Second vehicle will be larger than its predecessor, which closed on €843m in March 2010
Dieter von Holtzbrinck Ventures (DvH Ventures) has announced the launch of its first Digital Health fund, which has held a first close on €60m.
Sale ends a three-year holding period for Astorg, which acquired a 75% stake in the company from Xenon PE
Acquisition of Germany-based x-ray equipment and software was backed by senior debt from ApoBank