Invest-IQ

Balderton Capital, one of Europe’s premier VC firms, has invested in Archify, a tech company that is developing a web page archive and search plug-in for browsers. The investment will be used by the target company to complete the development of its product and also develop a mobile version of the application. Archify is also [...]

American energy company SunEdison has just received EUR 155 mln in funding from three top organizations – World Bank Group member IFC, Overseas Private Investment Corporation and UniCredit Bank, Austria – to build a solar plant in Bulgaria with a capacity of 60.4 MWp, at Karadzhalovo. The site has been identified as being in Plovdiv [...]

B&C Industrieholding has agreed to a purchase of a 29.9 percent stake in Austrian Aluminium Group (AMAG) from erstwhile stakeholder One Equity Partners. The sale will depend on whether the regulatory authorities will permit OEP’s sale of its last 4.2 percent stake in the group. The JP Morgan investment unit’s sale to B&C is sought [...]

Zurich-based PE firm Zurmont Madison Private Equity LP has acquired a 55-percent stake in Austrian company AKAtech Produktions und Handels GmbH, a manufacturer of complex wiring harnesses and high-quality electromechanical assembly. The deal will allow AKAtech to leverage Zurmont’s financial and technical expertise, and will help in the firm’s next round of growth. AKAtech (www.akatech.at) [...]

JP Morgan’s PE offspring, One Equity, has found a buyer for its 34.5 percent stake in Austrian aluminium and aluminium products supply company, Austria Metall (AMAG). Private investor Ronny Pecik has shown interest in the EUR 220 mln share currently owned by One Equity. In possibly related news, the supervisory board of AMAG has sanctioned [...]

Leading German automotive rim manufacturer BBS has been taken over by Austrian holding company Tyrol Equity. BBS, which currently employs about 1,200, is one of the country’s leading producers of premium light rims and counted Formula-1 among its clients. Tyrol is expected to invest EUR 8 million in the two facilities following the acquisition. Tyrol [...]

Super angel fund Speedinvest, based out of San Francisco, California, and Vienna, Austria, has already made four significant investments since its inception just over six months ago. The diverse investments range from online entertainment services to social media to VoIP vendors. In total, the company has pumped in about EUR 1 mln in these startups. [...]

Hutchison 3G Austria GmbH, a subsidiary of the Hong Kong based conglomerate Hutchison Whampoa, will acquire Austria’s number three mobile phone operator Orange Austria Telekommunikation GmbH from present owners Europa Partners and France Télécom SA for EUR 1.3 billion. CEE focused private equity firm Mid Europa Partners own 65 pc in Orange Austria while France [...]

Viennese firm Lead Equities has just invested in a 60-percent stake in German IT company MCL-Group. The majority-stake acquisition was completed by means of a partial owner buyout. Management-held shareholders retain the remaining 40 percent after the deal. Lead Equities is making this investment from its EUR 66 mln second fund, and the investment will [...]

Global Equity Partners (GEP), Austria’s biggest private equity company, has signed a deal to acquire Asta Holding Ltd.

Verny Capital, which represents the owner of The Ritz-Carlton, Vienna, has made known its plans to open the luxury hotel brand for the first time in Austria. Two palaces dating from the 19th Century have been identified as the site for the hotel, which will be located on the famous Schubertring. The hotel will be [...]

Point Nine Capital has co-invested along with Team Europe in a EUR 8 mln round of financing for Delivery Hero and Lieferheld. The investment will finance the rapid expansion of both portals, which offer online ordering food ordering services to customers in various locations across Germany. This last round of financing has brought the total [...]

Mountain Cleantech, a Swiss PE firm, has secured anchor investment commitment from development bank Austria Wirtschaftsservice for the Mountain Cleantech Fund II. Mountain Cleantech recently announced its first close at EUR 23 million, stating the final close of Fund II would be at about EUR 100 million. The fund will seek opportunities in German and [...]

Central Europe-focused private equity group Penta has made an indicative offer to buy out all three divisions of A-TEC Industries. Penta has made the offer through the trustee, Dr. Matthias Schmidt, and is ready to settle and sign within a matter of weeks should the trustee want this. Due diligence has already been carried out [...]

Bridging the gap in funding Central and Eastern Europe (CEE) based technology startups is new Vienna-based Super Angel fund, Speedinvest. The company has closed its first USD 10 mln fund specifically targeted towards mobile and web app companies starting up in the CEE region. The first round of investments will be announced at the ongoing [...]

Maxim Integrated Products has acquired SensorDynamics, a micro-electro-mechanical systems and wireless semiconductor manufacturer, after buying out stakes held by five significant stakeholders.

Private Austrian medical devices company Miracor Medical Systems has secured EUR 7 million (USD 10 million) in the first closing of series B funding round.

Austria’s educational services provider Weidinger & Partner has sold its 60% stake to Vienna based private equity firm Lead Equities for an undisclosed sum. The remaining 40% stake will be retained by the seller. The acquisition has been funded from Lead Equities’ second fund which was closed at EUR 66 million. Weidinger & Partner (www.weidinger.com) Weidinger [...]

BT Invest, an Austrian registered investment firm owned by Russian bank VTB, offered EUR 100.1 million for Bulgartabac. Bulgartabac is currently a state-owned entity. The transaction amount would account for 5,881,380 shares of the company, or nearly 80% of its capital. The bid is EUR 100,000 higher than the starting price set by the Bulgarian [...]

The European investment branch of U.S. based Sun Capital Partners, Sun European Partners, has acquired a 100% stake in Unterland, an Austrian packaging company. Sun European Partners purchased the company from Mondi, which originally purchased the company in 2007. This is the 15th packaging company purchase by Sun European Partners in the last 5 years. [...]