Quarton International advises Argos Wityu on acquisition financing for its stake in aktivoptik Group

Tombstone ArgosWityu 2018 Transaktion englisch
Overview

Transaction

Munich – Quarton International (“Quarton”) has advised Argos Wityu (“Argos”), an independent pan-European investment company, on acquisition financing for its investment in the aktivoptik Group (“aktivoptik”), one of the five largest optician and acoustician chains in Germany. The participation takes place within the framework of a succession plan. The parties have agreed not to disclose further details of the transaction.

With the new shareholder Argos, the founding family of aktivoptik wants to use the company’s strong market position to further expand its presence through new branches and to open up new growth opportunities, e.g. through selective acquisitions. aktivoptik shall be prepared for the future and further growth shall be generated.

Client

Argos Wityu has over 30 years of experience in the private equity sector is an independent, pan-European investment company with offices in Brussels, Frankfurt, Geneva, Luxembourg, Milan and Paris. Argos Wityu focuses on management buy-outs, buy-ins and spin-offs of small and medium-sized companies with an enterprise value between 20 and 200 million euros. The funds advised by Argos Wityu invest in majority shareholdings with equity tickets between Euro 10 and 100 million.

Logo argos wityu

Target

The Bad Kreuznach-based company is one of the five largest optician and acoustician chains in Germany with 76 locations, around 560 employees and a recently reported annual turnover of around 50 million euros. The company’s product range includes prescription frames, sunglasses, contact lenses and – since 2007 – hearing aids; trained acousticians are available at over 30 locations. In addition, aktivoptik sells accessories and care products for good vision and hearing. In the optics sector, the product range includes own brands as well as spectacle frames from renowned designers and brand manufacturers.

Logo aktivoptik

Contact

Photo Rolf Holtman

Rolf
Holtmann

Partner
Debt Advisory Quarton, A Cowen Company

+49 172 6291 547
Email

Similar Transactions

Tombstone Clever leaves Schultze Transaction 2020 en
Tombstone Aurora Reliva Transaction 2020 en
Tombstone Vicis VPG Transaction 2020 en
Tombstone Healthfood Alphapet Transaktion 2020 eng
Tombstone CHG MainStreetCapital Recap 2020 en
Tombstone Lollo_pops Transaction 2020 en
Tombstone Akerna Ample Transaction 019 en
Tombstone Alline Regis Transaction 2019 en
Tombstone BoldRock Artisanal Transaction 2019 en
Tombstone Hipp Barnhouse Transaction 2019 en
Tombstone ARdian Saal Transaction 2019 en
Tombstone Solostove Bertram Transaction 2019 en