European sector-focused private equity investor HgCapital has acquired Qundis Group, a German provider of submetering devices and systems for consumption-dependent billing of heat and water. HgCapital will acquire the company from financial investor Capcellence and Qundis management team, pending approval by the antitrust authorities. PRESS RELEASE HgCapital, the European sector-focused private equity investor, has today [...]
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Frankfurt, Germany-based Deutsche Beteiligungs‘ private equity fund DBAG Fund V is to acquire Spheros, a developer and manufacturer of air conditioning systems, engine-independent heating systems, water pumps and roof hatches in buses. DBAG will acquire the business from Baird Capital Partners Europe and Capcellence in a secondary management buyout transaction. PRESS RELEASE Deutsche Beteiligungs AG [...]