Ventizz Capital Fund III, L.P. and several minority shareholders have entered into a share price agreement with Helikos SE, a special purpose acquisition company (SPAC) listed on the regulated market (Prime Standard) of the Frankfurt stock exchange, to purchase all the shares of Exceet Group AG. The purchase is still subject to several conditions including approval by Helikos shareholders. The proposal will be presented to Helikos shareholders at an extraordinary general meeting on 1st July 2011.

Ventizz Capital Partners, the private equity investment firm focused on German-speaking Europe, has sold 100% of medical manufacturer Medos Medizintechnik AG to zfhn Zukunftsfonds Heilbronn GmbH & Co. Medos recently unloaded one of its own subsidiaries, Life Systems Medizintechnik – Service GmbH, in a deal with SpecialtyCare Cardiovascular Resources, Inc.

The extension of the European Union, restrictions deriving from Basel II, pressure to concentrate on core business and the continuing need to address successor issues in German business, have been wholesome ingredients for potentially great mergers & acquisitions opportunities in the German Private Equity buyout market. Much has been written in the last few years about the “German promise” and whether expectations for the German Private Equity market have materialised.