Capvis to focus on succession solutions

The European private equity investor Capvis has decided to focus for future investments on individual transactions in the area of succession solutions.

Baar (Switzerland), 26 February 2024

The decision of Capvis to change focus has already become apparent, as the most recent transactions have all taken place in the form of successions of founders and entrepreneurial families.

Capvis has a track record of more than 30 years in private equity and invested more than EUR 3 billion in 63 companies. The remarkable number of 10 IPOs documents the quality of the investments managed and developed by Capvis. The best-known IPO is the former portfolio company VAT, a good example of a successful succession transformation.

Over the past 18 months, Capvis has acquired AdEx Partners and SCHURTER. Both platform investments have been executed successfully despite difficult market conditions. In addition, many add- on investments for portfolio companies have been acquired and implemented. Furthermore, the team was able to realize two successful exits in 2023 with ARAG and Visable.

Companies with a successful history spanning several generations have special structural elements that are essential for combining stability with flexibility in such a way that successful long-term strategies remain a constant focus. Precision, reliability, and global distribution are key strengths of successful companies in Switzerland, Germany, and Northern Italy.

Capvis is working with selected family offices and other long-term oriented investors to finance future transactions. The requirements of traditional private equity funds, which tend to focus on the short to medium term, cannot always be optimally combined with the requirements of the succession segment. Therefore, Capvis will implement structures allowing for longer investment horizons than standard fund terms to better meet the special requirements of succession for established family businesses.

In addition to individual transactions, Capvis will continue to expand and develop the existing portfolio, totalling 16 companies, also through attractive add-on acquisitions. The new investment strategy will lead to a concentration of the team in Capvis’ main office in Baar (ZG), Switzerland. The office in Frankfurt will be closed, according to this decision. For now, Capvis does not plan to return to the market to raise a typical private equity fund.

Media Contact

Dr. Georg Oehm Communications Capvis

+41 43 300 58 58

georg.oehm@capvis.com

About Capvis

Capvis AG, Baar, Switzerland, is the exclusive adviser of the Capvis funds that primarily acquire majority stakes in leading medium-sized technological firms. Its activity is founded on its longstanding experience in creating local and global market leaders in the fields of healthcare, industrial technology, and advanced services & software from family or entrepreneurial owned companies. Close cooperation with strong management teams ensures that the potential of companies is developed to the full while creating long-term values.

www.capvis.com