Silverfleet Capital is a regionally focused European mid-market
private equity firm
A private equity firm or private equity company (often described as a financial sponsor) is an investment management company that provides financial backing and makes investments in the private equity of a Startup company, startup or of an existin ...
.
Silverfleet is an independent firm, owned by its partners, and invests on behalf of a diversified group of international
institutional investor
An institutional investor is an entity that pools money to purchase securities, real property, and other investment assets or originate loans. Institutional investors include commercial banks, central banks, credit unions, government-linked ...
s. Silverfleet Capital specialises in mid-market private equity investment, in international companies operating in a number of different countries, where there is an opportunity to accelerate growth from
buy and build and roll-out strategies. It invests across four sectors: healthcare, services, consumer and manufacturing.
In August 2006, Silverfleet Capital Partners LLP was established.
In October 2010, in a
secondary buyout for an undisclosed amount, Silverfleet acquired Schneider Group, a German catalogue and
online retailer
Online shopping is a form of electronic commerce which allows consumers to directly buy goods or services from a seller over the Internet using a web browser or a mobile app. Consumers find a product of interest by visiting the website of t ...
of branded promotional and home furnishing goods, from
Barclays Private Equity.
In 2014, Silverfleet backed
SPAC
SPAC primarily refers to a special-purpose acquisition company, a method of taking a company public by merging it with an already public investment company.
SPAC may also refer to:
* Henry Crown Sports and Aquatics Center, a sports facility at No ...
Mirror Bidco in its acquisition of AGR Holdings AS from AGR Group ASA.
In June 2015, Silverfleet acquired the Danish clothing company Masai. In November 2015, Silverfleet sold the British footwear retail chain Office to South African fashion retailer
Truworths
Truworths (officially Truworths International Ltd) is a South African clothing and footwear retailer.
Founded in 1917, and based in Cape Town, Truworths operates a total of 888 stores, 763 of which are in South Africa, 88 in the United Kingdom a ...
for £256m, achieving a 3.4 x return on its 2010 purchase from Scottish entrepreneur
Tom Hunter
Sir Thomas Blane Hunter (born 6 May 1961) is a Scottish businessman and philanthropist.
Sports Division
Hunter set up his first business after graduating from the University of Strathclyde as he was, in his own words, "unemployable". With a ...
.
In 2016, Silverfleet Capital sold meat product casings manufacturer Kalle Group to investors managed by
Clayton, Dubilier & Rice
Clayton, Dubilier & Rice, LLC (CD&R) is an American private equity company. CD&R is the 24th oldest private equity firm in the world. CD&R has managed the investment of more than $30 billion in approximately 90 businesses, representing a bro ...
(CD&R). Silverfleet had acquired a majority stake in Kalle Group in 2009.
In November 2017, Silverfleet Capital sold Berlin based Competence Call Center Group (CCC) back to
Ardian, formerly AXA Private Equity. Silverfleet had acquired a majority share from Ardian four years earlier in 2013. In December 2017, Silverfleet acquired a majority stake in Riviera Travel, a river cruise and tour operator focused on the "over-55s".
In July 2021, Silverfleet abandoned its fundraising for its third fund refocusing on follow-on investments and realizations of its portfolio.
A majority stakeholder in German Pumpenfabrik Wangen for five years, Silverfleet sold its stake to
Atlas Copco
Atlas Copco (''Copco'' from Compagnie Pneumatique Commerciale) is a Swedish multinational industrial company that was founded in 1873. It manufactures industrial tools and equipment.
The Atlas Copco Group is an industrial corpration with headq ...
for an undisclosed amount in 2022. In July 2022, Silverfleet sold Prefere Resins, a company specializing in phenolic and melamine resins acquired in 2018 from Prefere Resin management, capiton AG and
Intermediate Capital Group
Intermediate Capital Group is a private equity investment firm focused on providing capital to help companies grow through private and public markets and provides a number of strategies and funds aimed at institutional investors. It is headquarte ...
, to US private equity firm One Rock Capital Partners.
References
External links
Silverfleet Capital websiteSilverfleet Capital - Private Equity Investor - Tracxn
{{Private equity firms
Private equity firms of the United Kingdom