Enewsletter No. 503 | SECA | Swiss Private Equity & Corporate Finance Association

eNewsletter no. 503 Dear Reader 12 November 2018

The Center for American Entrepreneurship (CAE) published an SECA excellent report on the global startup cities. Since 2009, the world has seen a massive expansion of startup and venture Venture Capital capital activity. The US share of venture capital investments is Private Equity – Swiss News rapidly declining. As many nations pulled themselves out of a deep global recession, a new era of technological innovation came into Private Equity – Int. News force. Global venture capital investment surged from USD 52bn Corporate Finance (2010) to USD 171bn (2017). Venture deals grew from around Mergers & Acquisitions 8,600 deals (2010) to more than 14,800 (2017), which is also impressive. Management Buyout Cities like Zurich, Lausanne and Basel just play a minor role on a Jobs global scale. Certain cities though are rapidly gaining ground, Agenda including London, Berlin, Paris, and Stockholm in Europe; Beijing, Shanghai, Bangalore, Delhi, Mumbai, and Singapore in Asia; and Editor Tel Aviv in the Middle East.

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SECA

SECA Evening Event: Meet & Eat mit Wolfgang Clement

Montag, 3. Dezember 2018, AuPremier, Zürich

5 Tage vor der Nachfolgeregelung von Angela Merkel im CDU-Präsidium: Wolfgang Clement berichtet über die politische und wirtschaftliche Lage in Deutschland und Europa - Die Erschütterungen der Finanz- und Schuldenkrise sind noch nicht überwunden, die Flüchtlingsfrage stellt Europa vor enorme Schwierigkeiten, der Brexit sorgt für Bestürzung, der Populismus stellt das Konstrukt Europa in Frage – Europa, und somit auch Deutschland, steht derzeit vor vielfältigen Herausforderungen, die den Zusammenhalt auf nationaler wie internationaler Ebene auf eine harte Probe stellen – was ist jetzt zu tun?

Flyer

weitere Informationen und Anmeldung

SECA Training Romandie

Plusieurs Dates / Veuillez vous référer au programme

Nous offrons aux membres et non-membres un cycle de sept formations conçues pour un large public, allant des nouveaux entrants dans les métiers du private equity aux pro-fessionnels plus établis, mais aussi aux chargés d'affaires et acteurs du middle et du back office souhaitant approfondir leurs connaissances, professionnels de la finance, de la banque, des assurances et des caisses de retraites.

Brochure Programme Module 2 Programme Module 3

Inscription

7. SECA Private Equity Workshop

Private Equity wird neben Hedge Funds, Real Estate, Currencies, Commodities und Derivatives oft als alternative Anlageklasse eingeordnet und spielt in den Portfolios von institutionellen Investoren (Pensionskassen, Versicherungen, Banken etc.) besonders in der Schweiz eine untergeordnete Rolle. Lediglich 1.5% der totalen Vermögenswerte sind derzeit in Private Equity investiert. Ist das richtig und gut so?

Broschüre

weitere Informationen und Anmeldung

Venture Capital

Media Monitoring

Wie wird Venture Capital in 20 Jahren aussehen?

Die Wagniskapitaltochter der Telekom öffnet sich für Dritte

Pipedrive erhält weitere 10 Millionen Dollar Venture Capital

Revolution durch Investition: Die 40 besten europäischen Startups und Wachstumsunternehmen ... Leitfaden: Welche Finanzierungsart passt zu welchem Startup?

Crypto News: Steve Wozniak steigt bei Blockchain-VC ein, Civil-ICO gescheitert

500 Millionen US-Dollar für FinTech-Unternehmen

btov Newsletter - October 2018

Newsletter of the venture capital firm & SECA member btov - Please find btov’s Newsletter archive with every monthly newsletter published since 2015 here. The newsletter includes news about investment activities of btov, news regarding btov’s portfolio companies, as well as job opportunities at btov and btov’s portfolio companies, and upcoming btov events or events featuring btov.

btov Newsletter - October 2018

BPM's due diligence checklist

Everybody knows what due diligence is, right? Probably so, but maybe it's best to start with a definition. Here's one Edward Webb, Partner at BPM Advisorgy Practice Group, likes: Due diligence is an investigation of a business or person prior to signing a contract, or an act with a certain standard of care. It can be a legal obligation, but the term will more commonly apply to voluntary investigations. Edward likes this definition because in addition to contracts, it includes acts with a certain standard of care. Especially for small business owners preparing to transition, a conscious commitment to truth and accuracy is required when performing due diligence. With this in mind, and since every business owner will likely be confronted at some point with circumstances requiring due diligence, let's explore the process as it relates to the sale of a business.

Due Diligence Checklist

Cognetivity Neurosciences unterzeichnet globale Kooperation mit dacadoo

Das kanadische Unternehmen Cognetivity, ein führendes Technologieunternehmen für die Entwicklung von kognitiven Beurteilungslösungen, unterzeichnet eine Kooperation mit dem Schweizer digitalen Gesundheitsunternehmen dacadoo, um ihr Tool zur kognitiven Bewertung mit der digitalen Gesundheitsplattform von dacadoo zu verbinden und ihre Lösung auf diesem Wege auch Versicherungskunden von dacadoo anbieten zu können. Das Schweizer Unternehmen dacadoo entwickelt und betreibt die preisgekrönte digitale Gesundheitsplattform für Lebensversicherungen und Krankenkassen, die Menschen dabei unterstützt, ihre Gesundheit auf einfache und unterhaltsame Weise aktiv zu verwalten und zu verbessern. Medienmitteilung

Jeder sechste Start-up-Gründer ist älter als 50 Jahre

Tatsächlich findet sich unter den Start-up-Gründern in Deutschland aber auch eine ganze Reihe älterer Semester. Jeder sechste Gründer. „Der Start-up-Spirit ist also nicht nur jungen Gründern vorbehalten“, kommentierte Jörg Zeuner, der Chefvolkswirt der KfW, die Erkenntnisse des Start-up-Reports. „Vor dem Hintergrund einer alternden Bevölkerung ist das eine gute Nachricht.“ Denn schließlich seien die Start-ups die Hoffnung für die Volkswirtschaft von morgen.

Wineus portfolio company Swiss QualiQuest successfully closes next funding round

After a seed round in the beginning of 2017 led by Wineus, the Bern-based software start-up Swiss QualiQuest has raised a seven-digit sum in its series A1 funding round in summer 2018.

Bluecode receives investment from family offices

On 24/10/18 it was announced that Blue Code International AG, a Lachen, Switzerland-based mobile payment application provider has received EUR 11.2 million in funding from 3 unnamed family offices who received a reported 13 per cent stake. Source: Zephyr

One Drop Diagnostics lève USD 4.25 millions

La startup incubée chez Neode a annoncé le 31 octobre 2018 qu'elle venait de boucler avec succès un premier tour de financement à hauteur de $4.25 millions. À partir d'une seule goutte de sang appliquée sur une bio-puce, One Drop Diagnostics offre un panel complet de résultats de tests de diagnostics en 15 minutes seulement. Des investisseurs privés majeurs du Swiss Startup Group, notamment le Dr Hans-Peter Strebel (propriétaire de On Your Marks, centre de compétences pour les sportifs de haut niveau et la recherche), ont participé au tour. Beat Schillig (IFJ - Institut des jeunes entrepreneurs) et Jean-Philippe de Toledo (CEO de Pharmacie Principale) ont investi. Ce tour de financement a été soutenu par VentureLab.

HBM Healthcare Investments legt deutlich zu

HBM Healthcare Investments übertraf im zweiten Quartal des Geschäftsjahrs 2018/2019 mit einem Gewinn von CHF 110 Millionen das bereits sehr erfolgreiche erste Quartalsergebnis deutlich. Der Halbjahresgewinn steigt damit auf CHF 177 Millionen. Wie bereits im Vorquartal legte der Aktienkurs mit 28.8% fast doppelt so stark zu wie der NAV per Aktie mit 15.3%, wodurch sich der Diskont weiter verringerte.

$3.75 billion: Tiger Global closes biggest venture fund of the decade

Tiger Global has closed its 11th flagship fund, bringing in more cash for the vehicle than any other venture capital fund in the world since at least 2008.

VIU raises funding from Eight Roads

On 12/10/18 it was announced that Eight Roads Capital Advisors (UK) Ltd has invested an undisclosed amount in VIU Ventures AG, a Zurich, Switzerland-based opticians operator (Kilian Johannes Wagner, CEO). Source: Zephyr

Beekeeper completes funding round

On 11/09/18 it was announced that Beekeeper AG, a Zurich, Switzerland-based online cloud-based staff communications SaaS provider, has raised USD 13 million in its first (Series A) funding round. Investors included Keen Venture Partners, Atomico Partners (UK), Die Schweizerische Post AG, Samsung NEXT Ventures (the corprate venturing arm of Samsung Electronics), Edenred Capital Partners, and previous investors including Fyrfly Venture Partners. Source: Zephyr

Coople (Schweiz) secures funding

On 25/10/18 it was announced that Coople (Schweiz) AG, a Zurich,

Switzerland-based online on-demand employee recruitment platform operator, has raised USD 21 million in a round of funding from One Peak Partners, Goldman Sachs Group Inc. and Harbert European Growth Capital Fund. Source: Zephyr

Lend raises Series A funding from Alpana Ventures and angel investors

On 16/10/18 it was announced that start-up Switzerlend AG (trades as Lend), a Zurich, Switzerland-based online crowdlending platform operator has raised CHF 6 million in Series A funding from investors including Alpana Ventures SA (Geneva/Switzerland: Christophe Chemtob, Chairman) and angel investors. Source: Zephyr

SIX Group acquires minority stake in PassOn

On 15/10/18 it was announced that SIX Group AG has acquired a minority stake in PassOn AG, a Steinhausen, Switzerland-based online digital inheritance assets transfer platform developer (password management).

Galecto Biotech raises funding led by Ysios Capital and OrbiMed

On 26/10/18 it was announced that Galecto Biotech AB, a Lund, Sweden-based fibrosis and inflammation treatment drugs developer has raised EUR 79 million in Series C (third round) funding led by Ysios Capital Partners SGECR SA and OrbiMed Advisors LLC. Existing investors Merck Ventures BV (M Ventures) and Sunstone Capital A/S also took part in the round and new investors included HBM Healthcare Investments AG, Bristol-Myers Squibb Company, Maverick Ventures GP Ltd and Seventure Partners SA. Source: Zephyr

HTGF ist Europas aktivster Start-up-Investor

Seit 2005 flossen vor allem aus Steuergeldern 900 Millionen Euro in 510

Jungunternehmen. Es fehlte einst an Geld zur Unternehmensgründung, an sogenanntem Risikokapital. 2004 kam der Markt sogar fast völlig zum Erliegen. Der damalige Bundeskanzler Gerhard Schröder setzte einen Arbeitskreis Finanzierung von Start-ups ein. Dieser empfahl die Auflegung eines Fonds, der Unternehmensgründern die erste Phase des Unternehmensaufbaus (Startfinanzierung) ermöglichen sollte. Mit der Gründung des High-Tech Gründerfonds (HTGF), Bonn, wurde das Startsignal gegeben. Der erste Fonds über 272 Millionen Euro wurde aufgelegt. Wie zurückhaltend die deutsche Privatwirtschaft war, zeigte sich an der Zeichnung der Fondsanteile: 240 Millionen Euro kamen vom Bund, 17 Millionen von der staatseigenen Bank KfW und nur 17 Millionen Euro aus der Industrie.

ForeScout Acquires Emerald’s Portfolio Company SecurityMatters

Emerald Technology Ventures announced the acquisition of its portfolio company SecurityMatters, a global leader in operational technology (OT) network protection, by ForeScout Technologies for approximately $113 million in cash, subject to customary adjustments. read more

Les Coteaux Nantais receives funding

On 16/10/18 it was announced that Les Coteaux Nantais SAS, a Vertou, France-based apple based products manufacturer, has received approximately EUR 5 million in funding from Quadia SA (Geneva, Switzerland), Unexo SAS, also known as Unexo Capital Investissement, and Ocean Participations SAS. The funding will be utilised to finalise the different phases of investment for the target's Cototerra transformation tool. Source: Zephyr

Private Equity – Swiss News

LGT European Capital arranges two unitranche facilities in Italy

LGT European Capital has successfully arranged two unitranche facilities in Italy to support the acquisition of FairConnect in September 2018, and the buyout of AEB in October 2018. LGT European Capital acted as sole arrangers and underwriters of unitranche financings supporting the acquisitions of FairConnect by Palamon Capital Partners LP, and of AEB by Apax Partners. LGT European Capital has been consistently looking for attractive investment opportunities in the Italian market, with a focus on private debt investments for buy-outs led by mid-market private equity firms.

press release

Patrimonium Private Equity verkauft CCS Gruppe

ZM Opportunity II L.P., ein von Patrimonium Private Equity (ehemals Zurmont Madison Private Equity) beratener Fonds, verkauft seine Beteiligung an der CCS Group Holding AG an GPV International A/S, Dänemarks grösstes EMS Electronics Manufacturing Service Unternehmen, das dem dänischen Industriekonzern Schouw & Co. gehört. Aus dem Zusammenschluss von GPV und der CCS Gruppe entsteht eines der grössten EMS-Unternehmen Europas mit einem Umsatz von rund EUR 350 Millionen und 3.700 Mitarbeitern.

press release

Lonza agrees USD 630mn sale of water care business to a PE firm

Swiss chemicals and drug ingredients manufacturer Lonza is spilling out its water care business to US-based Platinum Equity for USD 630 million. The news comes a day after the buyout group made headlines for another deal, as Reuters cited people familiar with the matter as saying it is close to picking up memorabilia manufacturer Jostens from Newell Brands for USD 1.3 billion. Lonza is still weighing whether or not to include the French division as part of the sale. Platinum Equity, which has about USD 13 billion in AUM, is expected to pick up the water care business in the first quarter of 2019, following the receipts of the usual raft of approvals. The largest of these involved private equity firm EQT Infrastructure buying France-based utility Holding d'Infrastructures et des Metiers d'Environnement for EUR 1.50 billion. Source: Zephyr

Castle Private Equity: Start des Aktienrükkaufprogramms zum Festpreis

Der Verwaltungsrat der Castle Private Equity AG hat am 29. Oktober 2018 beschlossen, den an der GV vom 14. Mai 2018 bewilligte Rückkauf eigener Aktien mittels Aktienrückkaufprogramm zum Festpreis von CHF 17.50 durchzuführen. Die Rückkäufe erfolgen zum Zweck der Kapitalherabsetzung.

Partners Group to Pursue $820 Million Beijing Tech Complex?

A consortium including Partners Group Holding AG is in talks to acquire a property complex in Beijing’s technology hub from Taiwanese developer Sino Horizon Holdings Ltd., people familiar with the matter said. The complex includes the electronics mall as well as two office towers and is located in the famous Z park / Zhongguancun area, sometimes referred to as China’s Silicon Valley because it houses many of the nation’s top technology firms.

Warburg Pincus acquires DKSH Management's Chinese healthcare business

On 01/11/18 it was announced that Warburg Pincus LLC has acquired DKSH Management Ltd's Chinese healthcare business, a China-based pharmaceutical manufacturing business. The consideration is CHF 100 million (equivalent to USD 99.45 million). The acquired DKSH Management's Chinese healthcare business will now operate as an indepentdent entity, and will launch a new brand in January 2019. Source: Zephyr

Nestlé sells skin care division probably to a PE firm

Nestlé has struggled to capitalize on its skin care division, but a buyout group might be able to overcome that spotty history. The skin care unit, which makes a Botox rival called Dysport, could fetch at least CHF 6bn billion if it were sold. Buyout firms, including Apax Partners and KKR, are eyeing the business according to Bloomberg. Demand for beauty treatments means that private equity is dabbling with dermatology — Bain Capital, for example, bought a stake in the Botox maker Hugel last year. Nestlé’s unit could deliver a private equity-style return.

Truenoord receives investment

On 07/11/18 it was announced that Truenoord Ltd, a London, UK-based commercial aircraft leasing services provider has recieved further funding from original and new investors BlackRock Inc., Bregal Freshstream LLP, Capital Dynamics AG, Euro Private Equity SA, Flandrin Finance SAS, Aberdeen Standard Investments Ltd and other undisclosed investors. Source: Zephyr

Private Equity – Int. News

Media Monitoring

Private-Equity-Anleger lösen sich von der Konjunktur

Top-Manager erwirtschaften deutlichen Renditevorsprung

Private Equity-Marktplatz Palico expandiert in die DACH-Region

Renditevorsprung durch Top-Manager bei Private Equity-Anlagen

Bain & Company kündigt Führungswechsel in Private-Equity-Abteilung für Europa, den Nahen ...

Private-Equity-Marktplatz kommt nach Deutschland

Mayer Brown baut Private-Equity-Praxis aus

Private Equity wird es auch treffen

Private-Equity-Investoren könnten weiteres Rekordjahr sehen

Es gibt wenig Alternativen zu Private Equity

Private Equity – Die Lösung gegen Niedrigzinsen

Princess Private Equity: Alles im Griff?

ProShares Global Listed Private Equity: Was jetzt?

Electra Private Equity: Die Vorzeichen waren schon lange da

Xtrackers LPX Private Equity Swap Ucits: War es das nun?

Private-Debt-Fonds im Aufwind

Wie Blackstone mit saudischem Geld eines von Trumps zentralen Wahlversprechen finanzieren ...

Die Private-Equity-Branche öffnet sich für Privatanleger

Beteiligungsmarkt steht vor der Wende Warum Private Equity-Investoren jetzt den Tech-Markt für sich entdeckt haben

Gute Chancen bei Technologie-Beteiligungen

A Snapshot of the Private Equity Market

Every quarter S&P Global Market Intelligence publishes a private equity report covering trends in EMEA, with our experts' insights we help you navigate the ever-changing market.

Private Equity Market Snapshot Report

BVK-Halbjahreszahlen 2018: Beteiligungskapitalmarkt lässt weiteres investitionsstarkes Jahr erwarten

In den Jahren 2016 und 2017 wurden EUR 1.07 Mrd und EUR 1.14 Mrd

Venture Capital durch Beteiligungsgesellschaften in Deutschland investiert, die höchsten Volumina seit 2008. Mit bisher EUR 660 Mio ist das laufende Jahr auf dem besten Weg, dieses Niveau zu übertreffen. Der deutsche Venture Capital-Markt zeigt sich aktuell recht dynamisch. Die Buy-Out-Investitionen konnten zwar mit EUR 3.6 Mrd. das Niveau der letzten beiden Halbjahre nicht erreichen. Anhaltend rege ist aber das Geschäft bei den kleinen und mittelgrossen Transaktionen.

EQT could soon join the small group of buyout giants to test the public markets

After undergoing a strategic review, the Stockholm-based EQT has hired banks to explore an initial public offering, according to Reuters. Such a move would put the firm in select company—publicly traded PE shops are more common in the US than Europe, with London-based 3i and Switzerland's Partners Group among the notable exceptions.

Corporate Finance

Schrocksnadel to invest in Saastal Bergbahnen

On 03/10/18 it was announced that Schrocksnadel Group around the famous chairman of the Austrian Ski Association has agreed to invest CHF 12 million in Saastal Bergbahnen AG, a Saas-Fee, Switzerland-based mountain sightseeing cable cars operator, in exchange for a 29 per cent stake. The news follows a failed plan in spring 2018 under which Renaissance

Technologies LLC would have invested CHF 12 million for a 51 per cent stake. On 30/10/18 it was announced that shareholders have approved the deal. Source: Zephyr

Wineus successfully arranges new financing structure for Avobis GROUP AG

Avobis is the largest independent mortgage and real estate service provider in Switzerland with over CHF 15bn assets and mortgages under management. Wineus has advised Avobis and its shareholders on the structuring of a new financing framework which allows Avobis to continue its growth path in the future. Wineus has coordinated all parties involved in the process.

Capgemini to acquire Azqore stake from Indosuez

On 04/10/18 it was announced that Capgemini SE is going to acquire a 20 per cent stake in Azqore SA, a Lausanne, Switzerland-based online banking services management SaaS provider, from CA Indosuez Wealth Group SA (Indosuez Wealth Management). Source: Zephyr

Freenet could sell its Sunrise stake

On 25/10/18 it was reported that Freenet AG could be open to sell its 24.6 per cent stake in Sunrise Communications Group AG, the Zurich, Switzerland based telecommunications services holding company. Based on the targeted price, the stake can be valued at CHF 1.1 billion. The stake could be sold in one or more transactions. Source: Zephyr

Swiss Re acquires minority stake in Tempo Participacoes

On 24/10/18 it was announced that Swiss Re AG has acquired a 30 per cent stake in Tempo Participacoes SA, the Sao Paulo, Brazil-based health insurance provider for an undisclosed amount. Source: Zephyr

Ampere Gestion and Swiss Life Asset Managers to acquire majority stake in Vesta

On 15/10/18 it was announced that Ampere Gestion SAS and Swiss Life Asset Management AG, also known as Swiss Life Asset Managers, on behalf of five institutional investors have agreed to acquire an 80 per cent majority stake in Fonciere Vesta SASU, a Paris, France-based residential property management services provider, from ICF Novedis SA, a subsidiary of SNCF Participations SA. Source: Zephyr

Biplast issues new shares to Semadeni

On 06/07/18 it was announced that the board of directors of Biplast AG, a

Sitterdorf, Switzerland-based thermoplastic bottle manufacturer have approved a capital increase, in order to issue new shares to Semadeni AG (Semadeni Plastics Group). On 12/10/18 it was announced that the deal has completed. Source: Zephyr

Lonza Group may acquire remaining stake in Octane

On 29/10/18 it was reported that Lonza Group AG has an option to acquire the remaining stake in Octane Biotech Inc, a Kingston, Ontario-based regenerative medicine solutions for medical device and cell therapy services provider. Source: Zephyr

Jet Aviation acquires KLM Jet Center in Amsterdam and Rotterdam from KLM

On 01/10/18 it was announced that Jet Aviation Holding AG (Basel, Switzerland) has acquired KLM Jet Center in Amsterdam and Rotterdam, a provider of Fixed Base Operations (FBO) and ground handling services from Koninklijke Luchtvaart Maatschappij NV, the Amstelveen, Netherlands-based airline operator. Source: Zephyr

Bucher Landtechnik to acquire Grunderco's "New Holland" business

On 04/10/18 it was announced that Bucher Landtechnik AG, a subsidiary of Bucher Industries AG, is to acquire the “New Holland” combines and harvesting import business of Grunderco SA, the Mathod, Switzerland based agricultural vehicle wholesaler, by the end of the year. Source: Zephyr

Conzzeta may sell its glass processing business

On 07/11/18 it was stated that Conzzeta AG, the Zurich, Switzerland based machinery engineering services provider holding company, is in talks with potential acquirors regarding the potential divestment of its glass processing business. Source: Zephyr read more

Sandpiper decreases PAIR stake

On 09/11/18 it was announced that Sandpiper Digital Payments AG has sold a 75 per cent stake in PAIR Solutions GmbH, the Munich, Germany based online food SaaS provider, to an undisclosed acquiror for an undisclosed consideration. Sandpiper retains the remaining 25 per cent. Source: Zephyr

Mergers & Acquisitions

M&A Review Biotech

The following report details mergers and acquisitions activity in the biotech sector in September 2018 using data from the Zephyr database.

M&A Review Biotech - September 2018

M&A Review Cleantech September 2018

The following report details mergers and acquisitions activity in the cleantech sector in September 2018 using data from the Zephyr database.

M&A Review Cleantech September 2018

Bossard takes a stake in 3d-prototyp GmbH

The Bossard Group strengthens its competency in additive manufacturing by acquiring a 49 percent stake in the company 3d-prototyp GmbH in Stans. It is intended to increase this share to 100 percent within the next three years. The acquisition is part of a long-term strategy under which Bossard intends to establish itself in the future market of 3D printing.

Press Release Medienmitteilung

Securitas acquires majority stake in Python Securite

On 03/10/18 it was announced that Securitas AG Schweizerische Bewachungsgesellschaft has acquired an undisclosed majority stake in Python Securite SA, a Carouge, Switzerland-based security services provider. The deal is reportedly expected to yield synergies in terms of administrative support, performance and reputation. Source: Zephyr Vinci Energies acquires Jomos

On 02/10/18 it was announced that VINCI Energies SA has acquired Jomos Brandschutz AG, a Balsthal, Switzerland-based fire protection services provider. Source: Zephyr

Dentsu Aegis Network to acquire Namics

On 22/10/18 it was announced that Dentsu Aegis Network Ltd has signed a definitive agreement to acquire Namics AG, a St Gallen, Switzerland-based digital marketing consulting services provider. The deal is subject to the approval of the Bundeskartellamt and following completion, Namics will become a part of Merkle, a subsidiary of Dentsu, and will be renamed 'Namics - A Merkle Company'. Source: Zephyr

Phoenix Mecano plans acquisition of majority stake in Mei Hui Machinery

On 22/10/18 it was announced that Phoenix Mecano AG is planning to acquire 80 per cent stake in Mei Hui Machinery Co., Ltd, a China-based metalworking equipment manufacturer. Source: Zephyr

Dohler Group agrees to acquire Concentra Europe from Concentra Holding

On 05/10/18 it was announced that Döhler Group SE has agreed to acquire Concentra Europe BV, the Breda, Netherlands-based passion fruit manufacturer, from Concentra Holding AG, for an undisclosed consideration. The deal has been sent to the regulators for approval. Source: Zephyr

Fusion der Banque Heritage und Sallfort Privatbank

Die Banque Heritage SA, Genf, und die Sallfort Privatbank AG, Basel, haben heute bekanntgegeben, zum 3. Januar 2019 zu fusionieren. Das dadurch geschaffene Unternehmen wird den Namen «Banque Heritage» tragen. Mitte 2019 wird der Betrieb in vollem Umfang aufgenommen. Durch die Fusion wird die Kapitalbasis der Bank gestärkt, ihre Präsenz in der Schweiz erhöht und ihrer Kundschaft ein verbessertes und erweitertes Dienstleistungs- und Produktangebot geboten. Die in der SECA Community geschätzte Venture Capital und Private Equity Kompetenz wird auch im neuen Gebilde weiterentwickelt, ebenso die Venture Capital Club Deals, an denen sich einzelne Kunden fallweise beteiligen können.

Medienmitteilung Key Facts

iQ Power acquires majority of European battery factory

On 07/09/18 it was announced that iQ Power Licensing AG, the Zug, Switzerland based mixed electrolyte starter batteries manufacturer, is to acquire a majority stake of undisclosed size in a small battery factory based in Europe. On 17/10/18 it was announced that the transaction has completed. iQ has acquired a 51 per cent stake in a battery factory based in Western Europe. Source: Zephyr

Management Buyout

Media Monitoring

Expansion ins Ausland erfordert eine neue Eigentümerstruktur

Neuer Mann für jungen Markt

Nach 1MDB-Fall: Rothschild-Trust geht ans Management

Nachfolge gesichert: Metzgerei Schulthess bleibt Basel erhalten

Riri may be looking to buy

On 29/10/18 it was stated that Riri Group SA, the Mendrisio, Switzerland based luxury metal zip manufacturer, could be looking to make acquisitions. Riri is in the process of being acquired by its management and Chequers

Partenaires SA. Source: Zephyr

Jobs

How to publish a job ad

On this place your Job ad could be published.

If you are interested please send an e-mail with your job ad, the company logo and a short description about the Job and/or the Company to [email protected]. for SECA Full Members free of charge

for SECA Associate and Individual Members CHF 100.- / 2 editions

for Non-Members CHF 200.- / 2 Weeks

Agenda

IFZ FinTech Forum: Cyber Security - Macht FinTech Banken sicherer?

Mittwoch, 14. November 2018, IFZ Zug

Cyber-Bedrohungen sind eine reale alltägliche Gefahr. Technologiefirmen und Banken investieren viel, damit sie den Angreifern einen Schritt voraus sind. Im FinTech Forum zeigt Ihnen ein ausgewiesener Fachexperte in einem Live-Hacking wie Hacker Schwachstellen nutzen und Schutzmassnahmen umgehen, um Daten abzuschöpfen. Ausserdem werden Unternehmen erklären wie sie Banken sicher und jeden Tag sicherer machen.

weitere Informationen und Anmeldung

CAS Asset Management

Mit innovativen und effizienten Investmentlösungen überzeugen - Studienstart: 17. Januar 2019

Mit der berufsbegleitenden Weiterbildung erhalten die Studierenden ein umfangreiches Expertenwissen von der Ermittlung der Interessen unterschiedlicher Investorentypen über die Analyse der Anlageinstrumente bis zur Performance-Messung eines Wertpapierportfolios. SECA Member profitieren von einem exklusiven Rabatt von 5%.

weitere Informationen und Anmeldung

Swiss M&A and Private Equity Forum

Tuesday, 20 November 2018, Zurich Mergermarket’s 7th annual Swiss M&A and Private Equity Forum will examine current M&A opportunities for private and public Swiss companies, bringing together a mix of local and international banks, corporates and private equity houses.

SECA members are entitled to a complimentary 20% discount. In order to claim the discount, please click here to register. Eurus Private Capital Forum 2018

26 - 27 November 2018, Zurich

EURUS is a foremost international private capital forum bringing together leading fund and asset managers, institutional and private investors, family offices, top-tier consultants and entrepreneurs with interests in the broader European private markets.

SECA members are entitled to a complimentary 20% discount. In order to claim the discount, please use the Promo code: "EURUS20". Registration via www.eurusforum.org/register

Crypto Finance Conference

16 - 18 January 2019, St. Moritz

The Crypto Finance Conference is the World’s most exclusive investor conference on cryptocurrencies and blockchain investments. The CFC brings together both private and institutional investors and the leading providers of the crypto & blockchain universe. The 3-day conference offers expert education, investment opportunities and excellent networking opportunities.

more information and registration

IPEM 2019

22 - 24 January 2019, Palais des Festivals, Cannes (FR)

IPEM is the world’s largest private capital marketplace gathering the industry’s complete value chain.

As IPEM partner, SECA is pleased to offer our members a special discount of 20% on the participant pass, until December 19 – Register here / You are an LP? – benefit from a complementary entrance to IPEM! Contact: [email protected]

First Swiss Israel Investment Summit in Medical Cannabis

Thursday 31 January 2019, Hotel St. Gotthard, Zürich

Come and meet personally the leaders in Medical Cannabis from Switzerland and Israel. Medical Cannabis is moving into main stream medical treatments. Medical cannabis researchers are covering many potential applications: pain relief, epilepsy, oncology, psychiatry, autoimmune diseases, and many more. SECA members have access to an exclusive 50 % Discount!

more information and registration

Upcoming SECA Events - save the date SECA Training Romandie Plusieurs Dates / Veuillez vous référer au programme

7. SECA Private Equity Workshop 9./10. & 23./24. November 2018, Lenz & Staehelin, Zurich

Meet & Eat mit Wolfgang Clement Montag, 3. Dezember 2018, AuPremier, Zurich

Startupticker Brunch 2019 29. Januar 2019, Zürich

2. SECA Venture Capital Workshop 24./25. Mai 2019, Niederer Kraft Frey, Zürich

SECA Seminar: Was sind Private Markets? Mittwoch, 27. März 2019, IFZ Zug

More information will follow in due time. Please see also on www.seca.ch - Events.

Editor

SECA eNewsletter is a free online newsletter published by Maurice Pedergnana, Managing Director of the SECA Swiss Private Equity & Corporate Finance Association, received by more than 3'000 email addresses. More information: www.seca.ch or +41 41 757 67 77 (Andrea Villiger). The eNewsletter archive service is available only for SECA members.