Hive has raised EUR 12m Series A funding
Hive Computing Services SA, the Switzerland based company, that provides secure and sustainable cloud storage and computing for individuals and businesses, has raised EUR 12m in a series A funding round led by SC Ventures Holding Limited (a.k.a. Standard Chartered Ventures), the UK based venture arm of Standard Chartered, with participation from OneRagtime, the France […]
UBS and Apollo complete carveout of former Credit Suisse business
Apollo Global Management LLC, the US based global alternative investment manager firm, has purchased USD 8b worth of senior secured financing facilities from UBS Group AG, the Switzerland based provider of wealth management, banking, asset management, and investment banking solutions. The agreement is a renegotiation of the deal Credit Suisse had reached with the US […]
Element has raised EUR 50m
ELEMENT Insurance AG, the Germany based insurance startup offering white-label insurance products, has raised EUR 50m in a funding round from Versorgungswerk der Zahnarztekammer Berlin Kdo.R. (aka VZB), the Germany based pension scheme of the Berlin Dental Association, and Alma Mundi Ventures, the Spain based venture capital firm. Click here to read the press release […]
The Platform Group closes acquisition of stake in Mister Spex SE
The Platform Group, the Germany based software company for platform solutions, has acquired a 7.6% stake in Mister Spex GmbH, the Germany based online optician, that operates as an online retailer of glasses, in the course of a share swap. Click here to read the press release Target – Mister Spex se Buyer – The […]
FLEX Capital Management GmbH acquires Omikron Systemhaus GmbH & Co. KG
Flex Capital Management GmbH, the Germany based private equity fund, has acquired OMIKRON Systemhaus GmbH & Co. KG, the Germany based provider of digital banking software for corporates and banks, that offers e-banking software solutions and related services like IT consulting and hosting. Click here to read the press release Target – Omikron Systemhaus Gmbh […]
Marc Benioff, the founder of Salesforce, is investing in Weev
Weev AG, the Switzerland based provider of a platform, that connects brands and suppliers in the shoe, leather and clothing industry, has raised an undisclosed amount from private investor Marc Benioff. Click here to read the press release Target – Weev AG Buyer – Marc Benioff (private investor) Seller – Shareholders
Solaris raises EUR 96m in funding
Solaris SE (fka Solarisbank AG), the Germany based developer of a Banking-as-a-Service platform that enables other companies to offer their own financial services via APIs, has raised EUR 96m in a Series F funding round led by SBI Holdings, Inc, the Japan based financial services company group, with participation from Dedicated s.a.r.l, the Luxemburg based […]
H.I.G. Capital to acquire the Thermal Commercial Vehicles Division from Valeo
H.I.G Capital Partners, the international private equity and alternative assets investment firm, has agreed to carve out the Thermal Commercial Vehicles Division of Valeo SA, the France based automotive component producer. Valeo Thermal Commercial Vehicles Germany GmbH is a Germany based developer and manufacturer of thermal management solutions for a wide range of passenger buses […]
Hannover Finanz acquires a stake in Peak Technology
HANNOVER Finanz GmbH, the Germany based private equity firm, has invested EUR 10m and acquired a double-digit minority stake in Peak Technology GmbH, the Austria based space company, that develops and manufactures ultra light weight high performance parts for the aerospace and motorsport industry. Dieter Grebner, the Managing Director of PEAK Technology, has retained a […]
Liberta Partners takes over the majority stake in the Negotiation Advisory Group
Liberta Partners Opportunities GmbH, the Germany based multi-family holding company, that invests in carve-outs, successions, and special situations, has acquired a 50.1% stake in Negotiation Advisory Group GmbH (aka. NAG), the Germany based negotiation consultancy firm. The remaining shares continue to be held by the management and employees of NAG. The founders Rene Schumann and […]
