Already for the sixth time, the awards were presented in the presence of renowned representatives of the world of private equity. The event took off with a panel discussion on “Private equity and the renaissance of corporate values?”. This issue was discussed by Barbara Wösner-Sandberg (BAST AG), Albert Hannak (Deloitte), Erwin Soravia (Soravia Group AG) and fwp partner Markus Fellner. The discussion, which focused on yield expectations as well as the operational participation of private equity investors was chaired by Markus Fichtinger (Aktienforum). Markus Fellner pointed out that mutual trust among all involved parties was required and encouraged entrepreneurs to become more courageous.
Winners of the 2010 Venture Capital & Private Equity Award
Among the nominated deals, web technologies and energy projects prevailed. The first prize went to GCP gamma capital partners and i5invest for the high-yield sale of 123people Internetservices to the listed French PagesJaunes group. The second prize was awarded to 3i/3TS Capital Partners for the international subsequent financing of Cycleenergy AG, which promoted expansion and acquisition. The third prize went to Wertinvest Beteiligungs-treuhand, a subsidiary of Global Equity Partners, for the "silent" equity financing of Varta Micro Innovation GmbH. The fourth prize was awarded to FatFoogoo, GCP gamma capital partners and Next March. The fifth prize went to SolveDirect Service Management GmbH and 3TS Capital Partners.
About the Venture Capital & Private Equity Award
The idea behind the award, which is sponsored by “Börse Express” and “Junge Industrie”, is to present Austrian venture capital and private equity activities to a broader public by means of a unique prize and to honour successful deals with model character. The award is supposed to promote a positive image of venture capital and private equity practice in Austria and to counteract the negative image with positive examples. For more information see www.venture-award.at