The portfolio of Silver Investment Partners:

 

ALVARA

In September 2018, Silver Investment Partners acquired a majority stake in ALVARA Cash Management Group AG, a company with a unique market position and attractive growth potential. The privately-owned cash logistics specialist was founded in 1996 in Leipzig. Since then, ALVARA has become a leading provider of custom IT solutions and related cash management services. With around 30 employees, the company provides software solutions for retailers, cash-in-transit companies and financial institutions, predominantly in the DACH region. These solutions enable customers to better control, automate and monitor the entire cash cycle. ALVARA is the only German provider of completely integrated software solutions that serves all parties involved in payment transactions from a single source. It is the aim of the investors to support ALVARA in continuing its growth strategy and sustainably expanding its market coverage. Expanding the customer base, international expansion and selective acquisitions in the industry provide attractive growth prospects. For further information see: www.alvara.de

 

Varicor

Mit der Akquisition des führenden Mineralwerkstoffherstellers Varicor hat Silver Investment Partners im Januar 2017 ein Unternehmen mit attraktiven Wachstumsperspektiven in der Luftfahrt- und Sanitärindustrie erworben. Varicor wurde 1985 in Wiches (Elsass, Frankreich) gegründet und hat mittlerweile 75 Mitarbeiterinnen und Mitarbeiter in Frankreich und Deutschland. Das Unternehmen produziert Platten, Formteile und Fertigprodukte aus dem Mineralwerkstoff Varicor® für Schreinereien, den Sanitärgroßhandel und Industriekunden. Damit ist Varicor die ideale Ergänzung für das 2015 erworbene Portfoliounternehmen Schüschke. Seit über 30 Jahren greift Schüschke auf den Mineralwerkstoff mit seinen einzigartigen Produkteigenschaften zur Herstellung von Waschtischen für Waschräume in zivilen Flugzeugen zurück. Neben der Luftfahrtindustrie wird das Material insbesondere im Innenaus- und Ladenbau sowie in den Bereichen Sanitär, Industrie und Gesundheitswesen eingesetzt. Weitere Informationen unter: www.varicor.com

 

Schüschke

With the acquisition of Schüschke GmbH & Co. KG in December 2015, Silver Investment Partners has strengthened its portfolio in the field of industry and production and acquired a company with attractive growth potential in the commercial aircraft market. Schüschke was founded in 1986 and has since developed into a leading industrial company in the region of Tübingen/Reutlingen. The highest revenues are generated in the development and manufacture of washbasins made of the mineral material Varicor® for washrooms in civil aircraft. The Company is the exclusive supplier of washbasins for the Airbus family, including the A380. In addition to products for aviation customers, Schüschke produces individual washbasins for the public commercial sanitary sector, for example in kindergartens, clinics, laboratories, hotels and other public institutions. For further information see: www.schueschke.de

 

Hitega

The acquisition of Hitega Präzisionsmechanik GmbH in February 2014 represents the PTF Group’s second add-on by and a further milestone in its buy-and-build strategy, supported by Silver Investment Partners. Hitega is a manufacturer of high precision CNC turned and milled parts, producing small series and mechanical assemblies. The Company is located in Gangkofen, Bavaria and will be run as an independent company under the umbrella of PTF Holding. Hitega and PTF fit together perfectly due to their complementary product ranges and will now be in a position to offer customers a complete range from prototypes to high volume series as well as from the design and construction phase across all mechanical areas up to the production of complex assemblies. In future, with the help of a combined professional sales force, new customers will be won and the cross-selling potential of both companies maximised. The PTF Group expects sales of over EUR 25 million in 2014 following the acquisition. Additional information is available at: www.hitega.de

 

Kehl

The acquisition of Heinz Kehl & Sohn GmbH in August 2012 is the fourth investment of SIP and at the same time a first milestone in the implementation of the “buy-and-build” strategy of the PTF Group, SIP’s first portfolio company. Kehl & Sohn is a manufacturer of high-precision milled and turned parts for the hydraulics and pneumatics sectors and is located in Hattersheim near Frankfurt am Main. It will be run as an independent company under the umbrella of PTF Holding and as a result of the acquisition, sales of the group will increase by approximately EUR 5 million to an estimated figure of EUR 16 million for the year 2012. The complementary product portfolios of the two companies are an outstanding match and, in particular, joint distribution will result in synergies and attract new client groups. Comprehensive investments in production facilities as well as marketing activities are planned. For additional information see: www.kehl-cnc.de

 

PTF Group

PTF, Stollberg/Saxony was acquired on February 24, 2011. With annual sales of approximately EUR 10 million in 2010, the company has 110 employees in Germany and 27 employees in China. Its business areas include precision mechanics and the processing of various materials – aluminum alloys, stainless steel, titanium, plastics, ceramics, and special materials – into precision parts and assemblies with highly complicated geometries and finest contours and into microscopically burr-free components with precise surfaces for high-tech industries (medical technology, aerospace, optics, lasers and semiconductors). PTF also has its own construction department, an ultra-modern quality management center and its own clean room. For additional information see: www.precision-ptf.com

 

Landbäckerei Sommer

The first investment by Silver Investment Partners was the takeover of Landbäckerei Sommer, a leading bakery chain in the Sauerland region, at the end of 2010 together with a private investor. Landbäckerei Sommer is a well-known bakery with a long tradition and ultra-modern production located in the heart of its distribution area and currently has 54 independently operated outlets. With sales of approximately EUR 16 million in 2010, the Company was sold by the family owner as part of their succession planning. It is the aim of the investors to support the new management in realizing the growth potential of the company – both organically and through acquisitions. A selective expansion of the branch network in attractive locations will provide additional attractive growth prospects. For additional information see: www.landbaeckerei-sommer.de