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Enewsletter No. 485 | SECA | Swiss Private Equity & Corporate Finance

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Enewsletter No. 485 | SECA | Swiss Private Equity & Corporate Finance eNewsletter no. 485 Dear Reader 15 December 2017 We’ve seen many rallies this year. Here are some other kinds of SECA rally. Venture Capital Even if a stock drops, there is always hope for recovery. Not just in the stock market, but also in sports. Consider the couple of Helanie Private Equity – Swiss News and Ancillo Canepa, who own and manage the FC Zurich in the Private Equity – Int. News Swiss Super League. With just a few minutes left, their team was trailing outsider Thun 3-1 in a cup match. Disgusted, the couple Corporate Finance headed for their car. It did not take long for them to turn around, Mergers & Acquisitions They heard on the radio that Zurich scored a double to equalize at Jobs 3-3, and when they entered the parking garage, they heard how the Zurich fans celebrated the winning goal. Soon afterwards, Agenda FC Basel 1893 successfully concluded its kind of rally by qualifying Editor for the 1/8-FINALS OF the Champions League, one of only 16 teams to do so. We are also waiting for a year end rally by Nico Hischier, who was Toolbox rated the world's best 18 year old hockey player last June by the Print Newsletter National Hockey League. The New Jersey Devils had the right to draft first, took him and inserted him into the lineup, even using him Send Newsletter to a Friend in the power play. He had a rocky start, but rallied and compiled 5 Download as PDF goals and 13 assists by last count, quite remarkable for a rookie, just barely topping two other Swiss hotshots, Sven Baertschi and Nino Niederreiter. Keep an eye on them all. Have a nice weekend! Maurice Pedergnana SECA SECA Training Romandie Cycle de sept formations inter-entreprises dédiées au capital investissement (private equity) La SECA (Swiss Private Equity and Corporate Finance Association) et l’AFIC (Association Française des Investisseurs pour la Croissance) se sont associées pour offrir un cycle de formations et permettre la montée en compétences des professionnels du capital-investissement (private equity) en Romandie. Depuis 1998, l'AFIC s'est imposée comme la référence de la formation en private equity en France, offrant plus de 70 formations dédiées. Nous proposons un cycle de sept formations destinées à un vaste public, allant des nouveaux entrants dans les métiers du capital-investissement (private equity) aux pro-fessionnels du middle et du back office, mais aussi aux chargés d’affaires et profession-nels souhaitant approfondir leurs connaissances. More information and registration Venture Capital Xeltis in third round funding led by Ysios Capital , Life Sciences Partners, VI Partners and Kurma Partners On 15/11/17 it was announced that Xeltis AG, the Zurich, Switzerland based medical implant developer, has received EUR 45 million in third round (Series C) financing. The round was led by Ysios Capital Partners SGECR SA, Life Sciences Partners BV. Kurma Partners SA, VI Partners AG and Xeltis' existing investors also participated. Source: Zephyr read more Migros invests in emmasbox private placing On 15/11/17 it was announced that emmasbox GmbH, a Munich, Germany-based online merchandise management Software-as-a-Service (SaaS) provider, has completed a private placing described as a funding round. Investors included Migros Genossenschafts-Bund. The funds will reportedly be used to improve emmasbox's product. Source: Zephyr Oviva has received funding in a series A funding round On 20/11/17 it was announced that Oviva AG, a Zurich, Switzerland-based mobile nutritional treatment programs application provider, has received USD 12 million in a series A (1st) funding round, from Albion Capital Group LLP, Eight Roads Capital Advisors (UK) Ltd, Impresa Management LLC (trades as F-Prime Capital Partners), Partech Partners SAS and Walking Ventures. Source: Zephyr Helvetia Venture Fund investiert in Insurtech Der Helvetia Venture Fund hat einen Millionenbetrag in ein Insurtech-Unternehmen aus Estland investiert. Mit der Technologie können Verbraucher online ihren Versicherungsbedarf sofort decken. Der Helvetia Venture Fund beteiligt sich am Insurtech-Unternehmen Inzmo, wie einer Mitteilung zu entnehmen ist. read more Greenlight Planet secures funding round led by Apis Partners On 06/12/17 it was announced that Greenlight Planet Inc., a Riverside, Illinois based solar lamp manufacturer has raised USD 60 million in an equity and debt funding round led byApis Growth Fund I LP, an equity fund managed by Apis Partners LLP, and with the participation of responsAbility Investments AG, SunFunder Inc., Social Investment Managers & Advisors LLC, PG Impact Investment AG (Partners Group) and others. Source: Zepyhr read more Amuseio secured funding On 08/12/17 it was announced that the start-up company Amuseio AB, a Stockholm, Sweden-based online music distribution application provider has received SEK 35 million in a first (Series A) round of funding from Lakestar Advisors GmbH, business angel Mr Jorg Mohaupt and institutional investors. Source: Zepyhr ScanTrust has secured an investment led by Credit Suisse's subsidiary SVC On 15/11/17 it was announced that ScanTrust SA, a Lausanne, Switzerland-based physical goods authentication and counterfeit goods identification software developer has secured an investment of USD 4.2 million as a part of Series A (1st) development capital round led by wholly-owned subsidiary of Credit Suisse, SVC - AG für KMU Risikokapital (trades as SVC-Ltd). Other investors included innogy Ventures GmbH, venture capital arm of innogy SE, Castor Ventures, ID Capital Pte Ltd, SOSV Investments LLC, Privilege Management SA and undisclosed strategic investors. Source: Zephyr read more Semma Therapeutics secures series B funding led by Eight Roads and Cowen Healthcare Investment On 30/11/17 it was announced that Semma Therapeutics Inc., a Cambridge, Massachusetts-based stem cell-derived diabetes islet therapy research and development services company, has secured USD 114 million in series B (second round) funding co-led by Eight Roads Services UK Ltd and Healthcare Royalty Partners (also known as Cowen Healthcare Investments), with participation from existing investors including Novartis AG. Source: Zepyhr BOW Group receives an investment from NextStage and Philip Morris International in a series B funding round On 14/11/17 it was announced that Groupe BOW, a Luxenberg-based online smartwatch and fitness tracker retailer, has received an investment in a series B (2nd) funding round from NextStage and PM Equity Partner Sarl, the corporate venture fund managed by Philip Morris International Inc. Source: Zephyr Venture Kick feiert das 10-jährige Jubiläum mit Rekordzahlen In Schlieren hatten hunderte Personen aus der Geschäfts-, Startup-, Investoren-, und Business-Angel Welt das 10-jährigen Jubiläum von Venture Kick an einem exklusiven Event gefeiert. Der Abend begann mit 12 der vielversprechendsten unterstützen Startups, welche ihre Produkte an der «Venture Kick Expo» ausgestellt haben. Die Besucher konnten die Gründer treffen und etwas über deren Produkte erfahren, welche von kohlenstoffneutralen Kraftwerken über Exoskelette bis hin zur Tortilla-Kapselmaschine reichen. Jene, welche die Ausstellung nicht besuchen konnten hatten die Möglichkeit, die Startups anschliessend in Aktion zu sehen, als die Aerotain-Drohne die Wunderkerzen zum Geburtstagskuchen brachte. Medienmitteilung investiere.ch closes 2nd financing round with high-tech startup ActLight EPFL-based startup ActLight recently closed its series B financing round. With a CHF 1.2 million contribution, investiere.ch was the largest investor in this round. This sum came from private investors as well as from Nest, the first Swiss pension fund to systematically invest in Swiss startups. For this, Nest is relying on the expertise and experience of investiere.ch. The remaining money came from Swisscom Ventures and business angels from ActLight’s network. read more investiere.ch portfolio startup Qumram acquired by US software company Dynatrace The Swiss fintech startup Qumram was acquired by the US software firm Dynatrace, which provides digital performance management to the world’s leading brands, including 72 of the Fortune 100. Qumram’s solution will be integrated into Dynatrace’s offering. read more investiere.ch largest investor in EUR 3 million round of Barcelona-based ByHours ByHours recently announced the closing of a EUR 3 million Series A round. The Barcelona-based startup raised funds from two VC funds, investiere.ch as well as numerous business angels, including travel.ch founder Roland Zeller. read more Private Equity – Swiss News Avaloq agrees in principle to buy remaining ARIZON stake On 17/11/17 it was stated that Avaloq Group AG has entered into a memorandum of understanding to acquire the remaining 51 per cent stake it does not already hold in ARIZON Sourcing AG, a St Gallen, Switzerland-based online retail banking platform development joint venture company from Raiffeisen Schweiz Genossenschaft. The transaction is due to be completed as of 01/01/19. Concurrently, it was announced that Warburg Pincus LLC is acquiring Raiffeisen Schweiz's 10 per cent stake in Avaloq. Source: Zephyr read more Ufenau Capital Partners, via Swiss IT Security, acquires execure from Mr Philipp Stebler On 28/11/17 it was announced that on 13/11/17 execure AG, a Wettingen, Switzerland-based IT security consultancy services provider, has been acquired from founder Mr Philipp Stebler, by Swiss IT Security AG, a new holding company majority-owned by Ufenau Capital Partners and part-owned by Mr Philipp Stebler. Swiss IT Security will now look for acquisitions. Source: Zephyr read more Altice offloads Swiss ops to InfraVia French infrastructure-focused investor InfraVia Capital Partners is acquiring green.ch and Green Datacenter from Altice for an enterprise value of EUR 183m as the Dutch company tries to deleverage. The deal for the Swiss telecommunications business and data centre operations equates to a multiple of 9.9x adjusted earnings before interest, tax, depreciation and amortisation for the last 12 months.
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