Mountain Views - Juni 2012
Mountain Partners is pleased to welcome Flag Holding LLC as a strategic partner. The recently formed long-term alliance is twofold: First Flag Holding is set to become a significant shareholder in the group holding company of Mountain Partners. Secondly the two partners will form a joint venture, Mountain Partners Middle East Investment LLC. The partnership is primarily aimed at supporting the expansion of Mountain Partners in the MENA region, but also across the globe. Mountain Partners has worked closely with Flag Holding in the past and, according to Mr. Ahmed Ali Al Sarkal, CEO and Managing Partner of Flag Holding, a more formal partnership is definitely welcomed and a natural progression: "We are thrilled to advance our relationship with Mountain Partners and I am confident that we are fully equipped to support its initiatives worldwide," Mr. Ahmed said. He added, "In particular, Flag will work closely with Mountain Partners to ensure the Company's continued success in the Middle East and North Africa region.”
One of Mountain Partners' co-founders and a member of the Board of Directors, Dr. Cornelius Boersch, is extremely optimistic about the partnership. “I strongly believe our alliance will add tremendous value to our business and portfolio companies and will lead Mountain Partners to even greater heights."
Headquartered in Switzerland, Mountain Partners runs several specialized investment divisions with extraordinary financial and technical expertise that empowers them to determine and implement the most lucrative transactions. Its current investors include well known entrepreneurs, business tycoons and institutional investors from the US, Europe and the Arabic region. Meanwhile, Flag Holding is a dynamic and progressive private equity house based in Abu Dhabi and founded by some of the most distinguished business leaders in the United Arab Emirates. Flag manages a diverse and rapidly expanding global portfolio, and is quickly growing to become one of the region’s premier international investment groups.
Alongside the Smart Card Alliance NFC Forum in San Francisco, Identive held an Analyst Day on May 24 to highlight its strategic focus on NFC and emerging opportunities in NFC and mobile payment applications.Identive's offerings cover the entire value chain in the NFC ecosystem, from the production and design of NFC inlays and tags, readers and modules; to tag customization and solutions as well as services for the end consumer in the form of software and apps; to its recently launched NFC Tag Management platform, a cloud-based service that enables dynamic updates and personalization of content for a rich NFC experience through mobile apps.
The Dubai Silicon Oasis Authority has chosen Mountain Partners as its strategic partner to co-manage a new technology venture capital fund for the MENA region. Silicon Oasis Ventures, a government sponsored, but independent technology venture fund, will be headquartered in Dubai in an accredited free zone and technology cluster. Through the support by the Dubai government and an internationally experienced team from Middle East, Europe and the US, Silicon Oasis Ventures shall achieve solid returns in investments into local and regional businesses.
Dr. Marc Dietrich and Patrik Söderlund have both joined the investment team of Mountain Cleantech as Venture Partners. Marc Dietrich has held senior management functions in international blue chip companies for more than 16 years. He also spent 8 years as Global Co-Head Corporate & Investment Banking / Automotive at BNP Paribas Corporate and Investment Bank and other prime institutions. Marc Dietrich was trained in business administration at Johannes Kepler University Linz. He holds a PhD in business administration. Patrik Söderlund has joined Mountain Cleantech as Venture Partner for the Nordic region. He is based in Mountain Cleantech´s newly established Sweden Office at Ideon Science Park, Lund. Patrik has been active as a venture capitalist, business developer and entrepreneur for almost 30 years. In the course of his business career, Patrik was Managing Director at Metea AB, Lumitec AB and Sigma Innovation AB, as well as Chairman of the Board at Clinical Laserthermia Technology AB, Join Business & Technology AB, Phase Holographic Imaging AB and others.
Mountain Cleantech further expands its activities in Austria. Due to the collaboration with aws, a business development bank and investment arm of the Austrian government, Mountain Cleantech profits from an increased awareness which attracts potential target companies in Austria. The fund also has been enhancing its presence within the Austrian Cleantech sector since the office opening in Vienna last December.
Munich-based portfolio company Jupiter Capital Partners merges with Lorentz, Deschamps & Associates (LD&A). Thus, two leading European technology investment banking boutiques have announced the combination of their respective businesses to build a leading pan-European technology corporate finance firm serving highly innovative and fast-growing companies and investors across Europe. The two firms will integrate their operations and leverage their sector expertise and customer reach under the common brand name "LD&A Jupiter". With offices in the three largest European markets and reach across the continent, LD&A Jupiter will offer a pan-European coverage, combining cross-border capability with local presence and know-how that is unique in specialized technology corporate finance in Europe. LD&A Jupiter identifies structures and executes value-creative private and public market transactions for corporations and financial investors. Transactions include build-ups, mergers, acquisitions, divestitures as well as the issuance of equity or debt capital for customers from the Software, IT Services, Telecoms, Internet/Digital Media, Gaming, Customer Care, Electronics and Cleantech industries. Mountain Partners is a shareholder of Jupiter Capital Partners since 2007.
Taishan Invests’ portfolio company VIPStore cooperates with one of the world's most respected retailers Macy’s. Macy’s will sell an assortment of its private brand merchandise directly to consumers in China through a Macy’s section on omei.com, a newly established online retailer operated by VIPStore. In addition, Macy’s has made an equity investment of USD 15 million. “Our relationship with VIPStore will allow us to gain additional experience in the fast-growing Chinese market, and to better understand how consumers across China interact with Macy’s and the products we sell,” said Terry J. Lundgren, chairman, president and chief executive officer of Macy’s, Inc. “Macy's is one of the world's most respected retailers with 153 years of experience. We are delighted to enter into a relationship with them,” said Allen Yang, chief executive officer of VIPStore. Macy’s, Inc., with corporate offices in Cincinnati and New York, is one of the most successful retailers of the US, with fiscal 2011 sales of USD 26.4 billion.
+++ Portfolio stars of the month +++
- New app for 2 weeks among top-25 of Android charts
- Demand of all devices rises 100%
- Customer satisfaction achieves top ratings
- Renowned Australian investor Macquarie Group on board
- Financing round of almost EUR 16 million completed
- Polish subsidiary exceeds expectations
+++ EVENTS +++
On May 31st, Mountain do Brasil (MADB) hosted the inaugural event to its 'Founders Supper Club'. The new dinner series aims for hosting a networking platform in a welcoming atmosphere for entrepreneurs, investors and those who are interested in the Brazilian e-commerce market. The event itself and the initiative to create a platform for like-minded people have been widely applauded. MADB is confident that exploiting the networking potential and creating new alliances will generate substantial benefits for the incubator, such as getting in contact with new talents. The MADB team is looking forward to successfully expand its operations in one of the world's hottest economies.
Another two months until the next Investors’ Summit (9th and 10th of August 2012). Our agenda is almost complete and we are looking forward to presenting you again a program-mix of quality keynote speeches and pitch presentations of young and fast growing companies. Please wait for your personal invitation which will be sent out during the next few days. You are an entrepreneur, investor or business angel and wish to attend? Please contact us. See you soon at Wolfsberg Castle!
+++ PROMOTION +++
Promotioncode zwp20 (1 x use, valid until 31st of July 2012)