Transcription

Deals in Europe30 November – 13 December 2020Table of Contents Overview Deals (detailed description)215

MAJUNKE ConsultingDEALS IN EUROPE: 30 Nov -13 Dec 2020Private Equity Deals in Europe30 Nov – 13 Dec 2020TargetRegionBuyer/SellerSectorGA Actuation SystemsAustriaAccursia Capital / JAEDO GmbHautomotiveSprit.orgAustriaeasyname GmbH / dogado group /European Directories / Triton III / JanEgger and Daniel ColakovicothersCitymeshBelgiumCegeka / Gimvtelecommunication(TMT)FTTH network JointVentureBelgiumEQT Infrastructure V fund, ounders, K Fund, VoltaVentures Arkivreal estatePBS IndustryCzech2 JCP / Jet 2 investment fundindustrySmartlookCzechAirbridge Equity Partners, NoviraCapital, Reflex CapitalothersContractbookDenmarkBessemer Venture Partners,Gradient VentureslegaltechImprosecDenmarkIT Relation / Hg Capitalcyber securityMolslinjen A/SDenmarkEQT Infrastructure / Polarisshipping, marineDropsEstoniaKahoot! / NorthzoneeducationModularbankEstoniaKarma Ventures, BlackFin CapitalPartners, Plug and Play Ventures,Siena Capital, business angelsfinancialBaswareFinland- / Bregal MilestonefinancialFidelix Holding OyFinlandAssemblin / Triton IVbuilding technologyPage 2

MAJUNKE ConsultingDEALS IN EUROPE: 30 Nov -13 Dec 2020Private Equity Deals in Europe30 Nov – 13 Dec én & Didriksone-commerceKotkamills GroupFinlandMayr-Melnhof Group / MB FundspapersProfit Holding OyFinlandVolpi Capital LLP / Via equity Fond IIK/S , Finnish Industry Investment Ltdsoftware & itSpectral Imaging Oy Ltd(Specim)FinlandKonica Minolta, Inc. / Nordic Option,Bocaphigh-techSuomen radonhallinta OyFinlandRaksystems Group / MB Fundsothersultimate.ai GmbHFinlandOMERS Ventures, Felicis Ventures,HV Capital, Maki.vcservicesVaihtolavaFinlandSortera Group / Summa EquityconstructionAnkorstoreFranceIndex Ventures, GFC, Alven, Aglaee-commerceCafeynFranceBregal MilestonemediaCell-EasyFranceMerieux Equity Partners (via OMXEurope Venture Fund), IRDI SoridecGestion, M Capital Partnerspharma/life sciencesFranceSFR FTTH Network (Altice, OMERS, AllianzCapital Partners, AXA InvestmentManagers / Cube InfrastructureManagers, Partners Grouptelecommunication(TMT)EclecticIQFranceAce Management, Capricorn DigitalGrowth Fund, Quest for Growth, InvestNL, Arches Capital, INKEF Capital, KEENVenture Partners, KPN venturescyber securityEkimetricsFranceTikehau Capital, BpifranceconsultancyFullSaveFranceEurofiber / PGGM, AntinInfrastructure Partnerstelecommunication(TMT)CovagePage 3

MAJUNKE ConsultingDEALS IN EUROPE: 30 Nov -13 Dec 2020Private Equity Deals in Europe30 Nov – 13 Dec 2020TargetRegionBuyer/SellerSectorGrAI Matter LabsFranceiBionext, Bpifrance, 360 CapitalPartners, 3T Financehigh-techIpackchem Group SASFranceSK Capital Partners, LP / SagardpackagingKayentisFranceExtens, LBO Francepharma/life sciencesLukoFranceEQT Ventures, Accel, Founders Fund,Speedinvest, Orange VenturesinsuranceMaaT PharmaFrancePSIM Fund / Bpifrance, SkyViews LifeScience, Celeste Managementpharma/life sciencesMedadomFranceG SquarehealthcareNeo2 GroupFranceTurenne GroupeconsultancyPigmentFranceBlossom Capital, FirstMark Capital,Frst, angel investorssoftware & itSSL247FranceSectigo / GI Partnerssoftware & itAdrenomed AGGermanyWellington Partners, HBMHealthcare Investmentspharma/life sciencesAdrenomed AGGermanyWellington Partners, HBMHealthcare Investmentspharma/life sciencesApleona Group GmbHGermanyPAI Partners / EQT VII fundreal estateasgoodasnewGermanyVerdane, Brandenburg Capital,Munich Venture Partners, PDVretailAviraGermanyNortonLifeLock Inc. / InvestcorpTechnology Partnerscyber securityPage 4

MAJUNKE ConsultingDEALS IN EUROPE: 30 Nov -13 Dec 2020Private Equity Deals in Europe30 Nov – 13 Dec 2020TargetRegionBuyer/SellerSectorBalcke-Dürr RothemühleGermanyHowden-Gruppe / Mutares SE & Co.KGaAindustryBayWa r.e. renewableenergyGermanyEnergy Infrastructure Partners (EIP) /BayWa AGenergyESCADA SEGermanyRegent L.P.fashionEtone Motion AnalysisGmbHGermanyPorsche Ventures, Unbound, HVCapital, Global Founders Capitalfitness/sportsfinn.autoGermanyWhite Star Capital, HV Capital, PicusCapital, Heartcore Capital, UVCPartnersmobilityForto GmbHGermanyInven Capital, Iris Capital, RiderGlobal, Northzone, Cherry Ventures,H14, Maersktransportation andlogisticsGetsafeGermanyiptiQ, Earlybird, CommerzVentures,btov Partners, Capnamic VenturesinsuranceGlobalwaysGermanyRelined Fiber Network / TenneT /Datacenter One / STAR Capitalsoftware & itGreenCom Networks AGGermanyShell Ventures, Energy &Environment Investment, FutureEnergy Ventures, Munich VenturePartners, SET VenturesenergyHyperstoneGermanySwissbit / Ardian / CMLMicrosystems PlcsemiconductorsIC Consult GroupGermanyThe Carlyle Group / Jürgen Biermannsoftware & itInwerk GmbHGermanyTritonfurnitureIP Dynamics GmbHGermanyHaspa Beteiligungsgesellschaft fürden Mittelstand mbHsoftware & itISO-Gesellschaft fürArzneiverpackungen mbHGermanyBormioli Pharma / Remy & Geiser /Triton Fonds IVpackagingPage 5

MAJUNKE ConsultingDEALS IN EUROPE: 30 Nov -13 Dec 2020Private Equity Deals in Europe30 Nov – 13 Dec 2020TargetRegionBuyer/SellerSectorKompetenzzentrum BoosMoogGermanyRAD-x / Gilde HealthcarehealthcareLAVEGO AGGermanyUnzer GmbH / KKRfinancialModulaGermanyAptean / Alpina Capital Partners LLPsoftware & itMyr GmbHGermanyGilead Sciences, Inc. / High-TechGründerfonds, Maxwell BiotechVenture Fundpharma/life sciencesGermanyKlingel medical metal Gruppe / IKInvestment Partners / SHSGesellschaft fürBeteiligungsmanagement mbHmedtechResolve BiosciencesGermanyPS Capital Management,MasterMind Advisory Services, AlafiCapital, John Shoffner, High TechGründerfondspharma/life sciencesSolactiveGermanySummit PartnersfinancialSpritzgussa Plastics GmbH& Co. KGGermanyERNST & CIE AG / Franz StelzerplasticsSunshine Smile GmbHGermanyCadence Growth CapitalhealthcareTenié and GoresGermanyEMERAM Capital PartnersenergyTrassl Polymer SolutionsGmbHGermanyCERTINA GroupplasticsVelero Immobilien AGGermanyKKRreal estatevivenu GmbHGermanyBalderton Capital, Redalpine, AurumFund LLC, Tiny VC, Business AngelsservicesVMRayGermanyDigital Partners, eCAPITALcyber securityPuracon GmbHPage 6

MAJUNKE ConsultingDEALS IN EUROPE: 30 Nov -13 Dec 2020Private Equity Deals in Europe30 Nov – 13 Dec 2020TargetRegionBuyer/SellerSectorYotribe GmbH / wonderGermanyEQT Ventures, BlueYard CapitalcommunicationsImmedisIrelandLead Edge CapitalfinancialCantiere del PardoItalyWise Equityshipping, marineEPIItalyQuadrivio GroupmarketingFlorence ShippingItalyBomi Group / ArchiMedtransportation andlogisticsFriulair S.r.l.ItalyAlcedo SGR / Alcedo IV Fund / LuigiVaccaro and from Rita MicheliothersGuala Closures S.p.A.ItalySpecial Packaging SolutionsInvestments / InvestindustrialpackagingLivaNova HV businessItalyGyrus Capital / LivaNova PLCmedtechNordelettronica srlItalyAL-KO Vehicle Technology Group /DexKo Global / KPS Capital PartnersautomotivePoligofItalyPortobello Capital / 21 InvestimentiIIIothersIndustrial Papelera VenusMexicoFedrigoni S.p.A. / Bain CapitalpapersCatawikiNetherlandsPermira, Accele-commerceCenoscoNetherlandsFortino Capital Partnerssoftware & itClimate for Life HoldingNetherlandsParcom / GimvconstructionPage 7

MAJUNKE ConsultingDEALS IN EUROPE: 30 Nov -13 Dec 2020Private Equity Deals in Europe30 Nov – 13 Dec 2020TargetRegionBuyer/SellerSectorHot ItemNetherlandsConclusion / NPM Capital / De HogeDennensoftware & itInfraconcepts B.V.NetherlandsAmadys / Equistonetelecommunication(TMT)Integrated WorksNetherlandsUnified / H2 Equity Partnerssoftware & itMagnusNetherlandsHolland CapitalconsultancyPalladioNetherlandsEIFFEL / Gilde Equity ManagementconsultancyRADAR softwareNetherlandsVisma / Hg, GIC, ICG, Montagu andCPPIBsoftware & itWe are youNetherlandsIntracto Group / Capital AagencyXolphinNetherlandsSectigo / GI Partnerssoftware & itC-MAP CommercialbusinessNorwayLloyd's Register (LR) / Navico Group /Goldman Sachs Merchant Bankingand Altor Fund IVshipping, marinePorterbuddy / Porter ASNorwayVerdane, Canicatransportation andlogisticsNu-Med GroupPolandKartesiahealthcarePago Sp. z o.o.PolandLineage Logistics Holdings, LLC / BayGrove Capital, LLC / TönniesInternational Holding GmbHtransportation andlogisticsPragmaGOPolandEnterprise Fund VIII (PEF VIII) /Enterprise Investors / Pragma InkasofinancialSage Sp. z o.o.PolandMid Europa Partners / The SageGroup plcsoftware & itPage 8

MAJUNKE ConsultingDEALS IN EUROPE: 30 Nov -13 Dec 2020Private Equity Deals in Europe30 Nov – 13 Dec 2020TargetRegionBuyer/SellerSectorSoftware MindPolandEnterprise Investors / PolishEnterprise Fund VIII / Ailleronsoftware & itDigiRayRomaniaBlack Sea Fund IhealthcareTeraplast SARomania- / KJK Fund IIconstructionParadajz d.o.o.SloveniaGenerali Growth Equity FundfoodCampus TrainingSpainInvestindustrial VII L.P.educationDynamic Science S.L.,Pulso Ediciones, S.L.,Mederic Ediciones, S.L.,Viguera Ediciones, S.L.SpainGED Capital / GED VI EspañahealthcareEurocebollasSpainNazca CapitalfoodFilminSpainNazca CapitalmediaLaboratorios AlmondSpainNAZCA CAPITAL / Nazca IV FundfoodMoldcom CompositesSpainThe Engineered Stone Group (ESG) /NAZCA CAPITALbathroom equipmentMr Jeff LabsSpainAll Iron Ventures, Alma MundiVentures, FJLabs, Alibaba, Dropbox,Uber, StripeothersPastas GalloSpainFlexstone Partners, ProA Capitalfood24rental Sverige ABSwedenBrenderup Group / Accent EquityservicesÅrsredovisning Online /Utdelning Online SverigeABSwedenVisma / Hg, GIC, ICG, Montagu andCPPIBsoftware & itPage 9

MAJUNKE ConsultingDEALS IN EUROPE: 30 Nov -13 Dec 2020Private Equity Deals in Europe30 Nov – 13 Dec 2020TargetRegionBuyer/SellerSectorBeijer RefSwedenEQT Private Equity / Carrier GlobalCorporatioenergyEliasSwedenGP Bullhoundsoftware & itGina TricotSwedenFrankenius Equity / Nordic CapitalfashionMaterial ExchangeSwedenNorrsken VC, Partech, Day One, LyraVentures, InventurefashionSeavus GroupSwedenARICOMA Group / KKCG Groupsoftware & itSP Maskiner AB / WelandSwedenEco Log / Accent EquityindustrySupertrade ABSwedenRameder Group / FSN CapitalautomotiveSWE SkadeteknikgruppenSwedenRecover / EQTconstructionTimeEditSwedenMonterrosoftware & itTinkSwedenEurazeo Growth, Dawn Capital,PayPal Ventures, HMI Capital,Heartcore, ABN AMRO Ventures,Poste Italiane, BNP Paribas’ venturearm, Opera Tech VenturesfinancialVisma Commerc AB (Opic /TendSign)SwedenMercell Holding AS / Visma / Hg, GIC,ICG, Montagu and CPPIBsoftware & itVoi TechnologySwedenThe Raine Group, VNV Global,Balderton, Creandum, Project A,Inbox, Nordic Ninja, Stena SessanmobilityAcrotec GroupSwitzerlandThe Carlyle Group / Castik Capitalhigh-techANYbotics AGSwitzerlandSwisscom Ventures, Ace & Company,EquityPitcher VenturesroboticPage 10

MAJUNKE ConsultingDEALS IN EUROPE: 30 Nov -13 Dec 2020Private Equity Deals in Europe30 Nov – 13 Dec 2020TargetRegionBuyer/SellerSectordbi servicesSwitzerlandVeriumsoftware & itH55 S.A.SwitzerlandTippet Venture Partners, ND CapitalaviationInnflow AGSwitzerlandPCS Holding AGsoftware & itNoema Pharma AGSwitzerlandSofinnova Partners, Polaris Partners,Gilde Healthcare, Invus, BioMedPartnerspharma/life sciencesSolifos AGSwitzerlandNBG Fiber GmbH / HVD Partnershigh-techWebnodeSwitzerlandteam.blue / Hg Capital / Vit Vrba,Reflex Capitalsoftware & itAdvantedge CommercialFinanceUKeCapital Corp. / MobeusfinancialAdvantedge CommercialFinanceUKeCapital Corp. / MobeusfinancialAgilitas IT SolutionsUKPerwyn / NVM Private Equitysoftware & itAmscan InternationalUKEndless LLP / Party City Holdco Inc.retailARCUS Cloud ServicesUKTimico / Horizon CapitalconsultancyArkessaUKWireless Logic / ECI Partnerstelecommunication(TMT)Asset Alliance GroupUKArbuthnot Latham and Co / CabotSquare CapitalfinancialBrightflagUKOne Peak, Sands Capital Ventures,Frontline Venturessoftware & itPage 11

MAJUNKE ConsultingDEALS IN EUROPE: 30 Nov -13 Dec 2020Private Equity Deals in Europe30 Nov – 13 Dec 2020TargetRegionBuyer/SellerSectorCambridge MaintenanceServicesUKRockpool Investments, ClydesdaleBank plcindustryCambridge QuantumComputing (CQC)UKHoneywell Ventures, IBM Ventures,JSR Corporation, Serendipity Capital,Alvarium Investments, TalipotHoldingssoftware & itChamonix EstatesUKFirstPort / Equistonereal estateCompre GroupUKCinven, British Columbia InvestmentManagement Corporation / CBPECapital LLPinsuranceCooplandsUKBGFfoodCorndelUKTHI InvestmentseducationDoctorlinkUKHealthHero / MARCOL / Eight Roads/ FidelityhealthcareExclaimerUKInsight Partners, Farview EquityPartners, Livingbridgesoftware & itFoundation SPUKLDCsoftware & itHR SolutionsUKCivica / Partners Group / EquinitiGroup plcfinancialHungryPandaUKKinnevik AB, 83North, Felix Capital,Piton Capital, VNV Global,BurdaPrincipal InvestmentsfoodLane Clark & Peacock LLP(LCP)UKCharterhouse Capital Partners LLP /InflexionfinancialMEL ScienceUKMubadala Investment Company,Channel 4 VentureseducationMillbrookUKUTAC CERAM / Eurazeo / Spectris plcautomotivePage 12

MAJUNKE ConsultingDEALS IN EUROPE: 30 Nov -13 Dec 2020Private Equity Deals in Europe30 Nov – 13 Dec 2020TargetRegionBuyer/SellerSectorMonzo BankUKNovator, Ted Global and Kaiser,Goodwater.financialNBSUKByggfakta Group / Stirling SquareCapital Partners, TA Associates /LDC, Royal Institute of BritishArchitects (RIBA)constructionOrbexUKBGF, Octopus Ventures, High-TechGründerfonds, Heartcore Capital,Elecnor S.A.aviationOutfundUKFuel Ventures, TMT investments,industry angelsfinancialPA ConsultingUKJacobs / The Carlyle GroupconsultancyPapercupUKLocalGlobe, Sands Capital Ventures,Sky, GMG Ventures, EntrepreneurFirst, BDMIservicesPensions InsuranceCorporationUKUK-based family office / KeyhavenCapitalinsurancePepGenUKRA Capital Management, OxfordSciences Innovation (OSI)pharma/life sciencesProcess SensingTechnologies (PST)UKAEA Investors LP / Battery VenturesindustryRiverbank IT ManagementLimited / Nexus GS LimitedUKAir IT / August Equity Partners LLPsoftware & itRoxiUKSun Capital, private investorsmusicSCA Wood UKUKBSW Group / Endless / SCA GroupothersSprout IT / City BusinessSolutions (CBS)UKCTS / Tenzingsoftware & itSunlightUKOpenOcean, Robert Bosch VentureCapitalsoftware & itPage 13

MAJUNKE ConsultingDEALS IN EUROPE: 30 Nov -13 Dec 2020Private Equity Deals in Europe30 Nov – 13 Dec 2020TargetRegionBuyer/SellerSectorThe Thinking TravellerUKPiper PE LLPtravelThe Up GroupUKAlexander Mann Solutions / OMERSPrivate Equity / Livingbridgehr servicesUpdraftUKQuilam Capital, UK Government’sFuture FundfinancialVectairUKOxbow Industries, Arcspring /MobeusothersWeaveworks LtdUKAmazon Web Services (AWS),Ericsson, Orange Ventures, SonaeInvestment Management, TelekomInvestment Pool, Accel, GV, RedlineCapitalsoftware & itXiatechUKRockpool Investmentssoftware & itZenitechUKSovereign Capital PartnersconsultancyPage 14

MAJUNKE ConsultingDEALS IN EUROPE: 30 Nov -13 Dec 2020AustriaGA Actuation SystemsDeal-Date:Dez 2020Region:AustriaSector:automotiveBusiness:cable systems, handbrake and pedal systemsEmployees:150Turnover Mio. :-The Deal:Accursia Capital GmbH acquires GA Actuation Systems GmbH & GA Actuation Systems S.R.L. by JAEDO GmbH.Accursia Capital is a Munich-based investment holding company that invests in medium-sized industrial companies.The investment focus lies on companies with increased potential for operational value creation. Potentialinvestment companies are companies with unresolved succession plans, companies in need of reorganisation andrestructuring, as well as corporate carve-outs. Accursia Capital pursues a long-term investment approach andintends to develop its holdings sustainably.Buyer/Investor:Accursia CapitalSeller:JAEDO GmbHProfile Target:GA Actuation Systems is known as a development partner and series producer for high-ranking European OEMs. Themain products include cable systems, handbrake and pedal systems for automotive, aviation and general industriesas well as a newly created, future-oriented product division for the outdoor segment.Advisors:Carlsquare acted as the exclusive sell-side advisor to the shareholders of GA Actuation Systems GmbH.Page 15

MAJUNKE ConsultingDEALS IN EUROPE: 30 Nov -13 Dec 2020AustriaSprit.orgDeal-Date:Dez 2020Region:AustriaSector:othersBusiness:hosting providerEmployees:-Turnover Mio. :-The Deal:easyname GmbH, the second biggest Austrian hosting provider, which was first included under the dogado group’sumbrella, a group of the Triton III portfolio company European Directories in May 2020, is taking over its competitor,sprit.org. The CEO of easyname, Florian Schicker, and Jan Egger and Daniel Colakovic, sprit partners, came to anagreement on this. For easyname and dogado, the parent company, the merger is another step on the path toexpanding their competitive position on the Austrian market. The dogado group has main offices in Dortmund,Hannover, Halle (Saale), Lubeck and Wien and is a cloud hosting provider for business clients. Following its foundingin 2001, the company first specialised in professional hosting services and later became one of the first Germanspecialists in cloud-based company solutions. With over 170 employees and the brands dogado, checkdomain,BUSYMOUSE, alfahosting and easyname under its umbrella, this group serves around 250,000 customers and is oneof the leading hosting companies in the DACH region. Since its establishment in 1997, Triton has sponsored ninefunds, focusing on businesses in the industrial, business services, consumer and health sectors. The Triton fundsinvest in and support the positive development of medium-sized businesses headquartered in Europe. Triton seeksto contribute to the building of better businesses for the longer term. Triton and its executives wish to be agents ofpositive change towards sustainable operational improvements and growth. The 45 companies currently in Triton'sportfolio have combined sales of around 18,2 billion and around 100,800 employees.Buyer/Investor:easyname GmbH / dogado group / European Directories / Triton IIISeller:Jan Egger and Daniel ColakovicProfile Target:sprit.org, a traditional Austrian company, serves around 8,000 customers with its hosting services. All 32,000services will be transferred to easyname GmbH’s technical platforms by summer 2021.Advisors:-Page 16

MAJUNKE ConsultingDEALS IN EUROPE: 30 Nov -13 Dec 2020BelgiumCitymeshDeal-Date:Dez 2020Region:BelgiumSector:telecommunication (TMT)Business:telecoms operatorEmployees:-Turnover Mio. :-The Deal:European IT company Cegeka and Belgian telecoms operator Citymesh are joining forces to form the fourth nationaloperator, both parties announced. Since 2017 Cegeka is a portfolio company of Gimv. This strategic partnershipbetween Cegeka and Citymesh represents a unique connectivity opportunity for the industry. Both partiesemphasize the need for the development of more mobile connectivity solutions in the industry, as well as forcustom solutions for companies. This move puts Cegeka and Citymesh in a unique position in the B2B market,offering an opportunity to develop integrated end-to-end solutions, tailored to the needs of companies. For sometime now, Cegeka and Citymesh have been strongly committed to becoming the fourth operator for the B2B market.The further development of the 5G network plays a prominent role in this ambition. The real power of private 5Gnetworks for the B2B market lies in infrastructure virtualization, AI tools driven by Edge, and Cloud infrastructure. Todate, 5G has already been a great success in the international offshore market, in which Citymesh plays animportant role. The company provides 5G grids that support the construction, maintenance and monitoring ofoffshore wind farms. These include operational 5G networks in the Belgian, Dutch and German North Sea, as well asin the United States. As of this development, Cegeka acquires a majority stake in Citymesh. Part of the shares willremain in the hands of the sustainable energy company Nuhma, established in Limburg, and Citymesh’smanagement. Two of the first shareholders, Michel Akkermans and Jurgen Ingels, are leaving the company. Thecurrent leadership, with Mitch De Geest as CEO, will continue to oversee day-to-day operational management.Cegeka is an independent, European ICT service provider. The company supports its customers with IT consultancyassignments, the integration of ICT infrastructure, the development and implementation of applications andoutsourcing. The (originally Belgian) ICT company employs 4,270 engaged people. Cegeka has offices in Belgium, theNetherlands, Germany, France, Italy, Luxembourg, Austria, Romania, Slovakia and the Czech Republic, and suppliesservices throughout Europe.Buyer/Investor:Cegeka / GimvSeller:-Profile Target:Citymesh delivers state-of-the-art connectivity. As operator and integrator, we have been planning, installing andmaintaining high-end networks in Belgium for fifteen years. Next to our networks, we offer complimentaryinnovative solutions to reach the next level in every market we serve. Our networks and solutions are custom-made,all according to the desires and needs of our customer. Citymesh combines a targeted approach with far-reachinginnovation and stays on top of the newest innovations. We realize a smart-infrastructure in a myriad of markets witha combination of technologies such as but not limited to WiFi, 4G, 5G, smart sensors and data visualization. Thisapproach has strengthened our relationship with more than 50 cities, offshore projects, more than ten expo halls,the Belgian railway company and more than 200 events.Advisors:-Page 17

MAJUNKE ConsultingDEALS IN EUROPE: 30 Nov -13 Dec 2020BelgiumFTTH network Joint VentureDeal-Date:Nov 2020Region:BelgiumSector:telecommunication (TMT)Business:FTTH networkEmployees:-Turnover Mio. :-The Deal:The EQT Infrastructure V fund and Proximus, Belgium’s largest telecom operator, are pleased to announce thesigning of a partnership agreement. As part of this agreement, the two parties will form a new joint venture (JV) thatwill design, build and maintain a fiber-to-the-home (FTTH) network in Flanders. EQT Infrastructure will initially own50.1 percent of the JV and Proximus will hold 49.9 percent. The closing of the transaction is expected in Q1 2021,subject to customary regulatory approvals. With this transaction, EQT Infrastructure V is expected to be 15-20percent invested (including closed and/or signed investments, announced public offers, if applicable, and less anyexpected syndication) based on its target fund size, and subject to customary regulatory approvals. EQT is apurpose-driven global investment organization with more than EUR 75 billion in raised capital and over EUR 46billion in assets under management across 16 active funds. EQT funds have portfolio companies in Europe, AsiaPacific and North America with total sales of more than EUR 27 billion and approximately 159,000 employees. EQTworks with portfolio companies to achieve sustainable growth, operational excellence and market leadership.Proximus Group (Euronext Brussels: PROX) is a provider of digital services and communication solutions operating inthe Belgian and international markets. Delivering communication and entertainment experiences for residentialconsumers and enabling digital transformation for enterprises, we open up a world of digital opportunities so peoplelive better and work smarter. Proximus is a pioneer in ICT innovation, with integrated solutions based on IoT, Dataanalytics, cloud and security. With 12,931 employees, all engaged to offer customers a superior experience, theGroup realized an underlying Group revenue of EUR 5,686 million end-2019.Buyer/Investor:EQT Infrastructure V fund, ProximusSeller:-Profile Target:EQT Infrastructure and Proximus have identified large opportunities in accelerating the build-out pace of the FTTHnetwork in the Flemish Region of Belgium. FTTH is the fastest and most reliable broadband solution available and isinstrumental in managing the increasingly growing internet bandwidth demands of the future. EQT and Proximus arecommitted to invest significantly into the JV over the coming years with the ambition to bring the required fiberconnectivity to Flanders so that its residents and businesses can actively participate in the Gigabit Society. The JV willbenefit from the combination of EQT Infrastructure’s vast experience from developing strong fiber companies inEurope and North America, and Proximus’ unrivalled expertise in the Belgian telecom market and long-standingrelationships with municipalities and housing associations. Together, the parties will create an efficient rolloutmachine to build a fiber network, which will be open and accessible to all operators. The JV intends to connect itsfirst customers during 2021 and the overall goal is to bring fiber connectivity to at least 1.5 million households andbusinesses over the coming years. The JV will be supported by a strong board of directors with hands-on experiencefrom fiber deployment in Belgium and other European markets.Advisors:-Page 18

MAJUNKE ConsultingDEALS IN EUROPE: 30 Nov -13 Dec 2020BelgiumNodalviewDeal-Date:Dez 2020Region:BelgiumSector:real estateBusiness:visual communication platformEmployees:35Turnover Mio. :-The Deal:Nodalview, the leading European solution adopted by over 10.000 real estate agents to shoot and build professionalquality pictures, 360 immersive virtual tours and videos of properties, announced today it has raised a 4.1m Aseries. The round was led by London venture capital firm PROfounders with participation of Madrid-based K Fundand existing investor Volta Ventures, and will be used to further expand the revolutionary visual communicationplatform across Europe. The round builds on a year of exceptional growth at Nodalview, who already generates over80% of its revenue outside of Belgium and counts brands such as Century 21, Laforêt, Barnes and CBRE as clients.The investment will be used to further accelerate the scale-up’s international expansion and mission to become theall-in-one visual marketing solution for agents to market properties online efficiently. The company will be doublingits workforce by hiring more than 35 people over the next months in engineering, customer success, sales andmarketing, bringing its total funding to an impressive 6m after last year's 1.7m seed round with Volta Ventures.PROfounders is a venture capital firm for founders, backed by founders. They’ve been investing into early-stagetechnology start-ups across Europe since 2009. K Fund is an early stage VC firm from Madrid that, with anentrepreneur-centric philosophy, aims to fuel the evolution of the Spanish startup ecosystem. Volta Ventures Arkivinvests in young and ambitious internet and software companies in the Benelux. The fund’s team loves to work withthe founders and management to identify new markets and customers, hire senior talent, provide ongoing guidanceand arrange further financing rounds.Buyer/Investor:PROfounders, K Fund, Volta Ventures ArkivSeller:-Profile Target:Over the past years, the real estate transaction has been progressively shifting from offline to online and digitalvisual experiences of properties are taking center stage in the real estate marketing value chain. The globalpandemic has accelerated the adoption of digital tools in the real estate industry with Covid-19, forcing years ofdigital transformation into a few months. Nodalview’s unique approach to a richer and more engaging marketing ofproperties online enables agents to offer frictionless online viewings of properties with potential prospects, as wellas eye-catching content for multi-channel promotion. By combining smartphone technology, AI and cloudcomputing, Nodalview’s solution empowers agents to seamlessly shoot and build high quality visuals to attract,engage and qualify home buyers or tenants around immersive connected experiences. The company was launchedin 2016 and has offices in Brussels, Paris and Madrid. Nodalview recently closed a 4.1M funding round withPROfounders, K Fund and Volta Ventures to accelerate international expansion and invest in further productdevelopment.Advisors:-Page 19

MAJUNKE ConsultingDEALS IN EUROPE: 30 Nov -13 Dec 2020CzechPBS IndustryDeal-Date:Dez 2020Region:CzechSector:industryBusiness:energy and heating unitsEmployees:-Turnover Mio. :-The Deal:Jet Investment will merge 2 JCP and PBS INDUSTRY into a single group. The merger of 2 JCP from the Jet 2investment fund with PBS INDUSTRY and PBS POWER EQUIPMENT from the Jet 1 fund will take place on January 1,2021. The investment company Jet Investment will thus create a new strong production group called 2 JCP Group. 2JCP with a production plant in Račice and sales and technical branches in Great Britain and the USA will acquire a100% stake in the companies PBS INDUSTRY and PBS POWER EQUIPMENT through the Jet 2 fund. The motive for themerger is primarily to simplify the management of companies and boost their efficiency, trade potential andproduction. The joint business and production strategy should lead to an increase in PBS Group’s performance, up tothree times its current EBITDA. While the strong business position of 2 JCP will help to achieve such an ambitiousgoal, PBS Group will provide significant production capacity. BENVIG HEAT TRANSFER, which is still 100% owned byPBS INDUSTRY, will be separated from the group and further developed on its own with an emphasis on closecooperation with the newly established sales office in the Netherlands. The employees of both plants should not besignificantly affected by the merger, apart from the inevitable shifts in the company's management positions. 2 JCP,based in Račice, was established in 1992. 2 JCP is a global supplier of equipment for gas turbines, submarine systemsand pressure pipelines, food and packaging structures. It supplies its products and services to 50 countries aroundthe world and has engineering offices and manufacturing facilities in North America, Europe and

Haspa Beteiligungsgesellschaft für den Mittelstand mbH software & it . Goldman Sachs Merchant Banking and Altor Fund IV shipping, marine Porterbuddy / Porter AS Norway Verdane, Canica .