Halder Beteiligungsberatung GmbH has sold the KLINGEL Group to IK Investment Partners.
The parties agreed to keep the financial details confidential. Clearance of the transaction by the Federal Cartel Office is still outstanding.
The sale of the KLINGEL Group is the second exit for Halder in the portfolio of the fund Halder Germany II. This investor has been active in Germany since 1991 and, in the meantime, has provided equity capital to 38 mid-size companies for succession and growth.
The Halder Group took over the KLINGEL Group in the year 2012 in a management buyout. The KLINGEL Group was expanded with targeted investments to increase capacity and the depth of the value creation chain and is now one of the leading companies in precision technology with a focus on medical equipment. This specialized company operates production sites in Pforzheim and, in the meantime, has more than 300 employees.
GvW Graf von Westphalen’s team of attorneys that advised Halder in the exit consisted of Dr. Lutz Zimmer, Dr. Ernst Lindl, Felix Wolf (all M&A, Munich), Dr. Frank Tschesche, Lars-Olaf Leskovar and Dr. Michael Engel (all tax law, Frankfurt).