Alpina Partners

Alpina Partners Limited is a private equity and venture capital firm based in London and Munich, specializing in growth financing for technology-enabled businesses. Founded in 2004, the firm manages over €300 million in assets and focuses on investing in small and medium-sized companies across various sectors, including B2B software, tech-enabled services, and industrial technologies. Alpina Partners seeks to support management teams by acting as strategic partners, assisting with growth strategies and international expansion. The firm typically invests between €7.5 million and €15 million per transaction, targeting companies with at least €10 million in revenue and positive EBITDA. With a preference for investments in Europe, particularly in Germany, Austria, Switzerland, the United Kingdom, Ireland, and the Nordic regions, Alpina also considers co-investments in Asia-Pacific and North America. The firm holds its investments for three to five years before exiting through trade sales or initial public offerings.

Sebastian Canzler

Partner

James McNaught-Davis

Partner

Philipp Scheller

Investment Associate

Florian Strehle

Partner

Megan Walker

Principal

41 past transactions

The Project Group

Acquisition in 2022
The Project Group is an international full service provider of consulting and solutions for enterprise-wide project management. Their project management experts focus on Microsoft technologies and their integration with ERP, work management, CRM and other enterprise systems. A Microsoft Gold Certified Partner, TPG provides international companies with expert advice, flexible implementation, intelligent PM solutions, and a higher PM maturity level that makes a real contribution to business performance. The company of experts in project management complements its offerings with seminars on Microsoft Project and project management methodologies.

Orsoft

Acquisition in 2019
Orsoft is a developer of advanced planning, scheduling, and supply chain management software tailored for industries such as pharmaceuticals, food and beverage, chemicals, industrial manufacturing, healthcare, and automotive. The company provides innovative and reliable solutions that complement SAP ERP, SAP SCM, and SAP S/4HANA. Its platform offers a range of services including master data maintenance, logistics, simulation, optimization, and multi-resource planning, catering primarily to medium-sized and large corporations. Orsoft aims to enhance operational efficiency and decision-making processes within complex supply chains.

New Solutions GmbH

Venture Round in 2017
New Solutions GmbH is an independent software developer based in Germany, specializing in information and communication technology solutions for various industries across Western and Eastern Europe. Founded in 1999, the company offers a range of products, including the Finito Digital Shift Book for task management, Checkware for business process automation, and Synoset for managing technical assets. These solutions are available as web applications, Windows applications, and SharePoint solutions and are compatible with cloud applications, smartphones, tablets, and other mobile devices. The company serves diverse sectors, including chemicals, pharmaceuticals, automotive, energy, and public administration. As a Microsoft Certified Partner, New Solutions GmbH demonstrates a high level of expertise in developing software that enhances Microsoft products. The company has locations in Burghausen and Ismaning, Germany.

Assent Building Control

Acquisition in 2017
Assent Building Control Ltd. is a prominent provider of building control services in the United Kingdom, catering to designers, developers, contractors, and end-users. Established in 2004 and headquartered in Wakefield, the company operates a network of 43 offices across the country, employing over 110 experts in building control. Assent specializes in a range of services, including fire safety consultancy, planning consultancy, and energy performance certifications, ensuring compliance with building regulations throughout the project lifecycle. The firm also addresses specific challenges through tailored consultancy services and offers seminars and training to enhance the skills of client workforces. Over the years, Assent has successfully managed approximately 16,000 projects across diverse sectors, including residential, educational, retail, and university buildings, establishing itself as a reliable partner in creating sustainable and safe building environments.

QDA Solutions

Venture Round in 2017
QDA Solutions specializes in providing a comprehensive quality management software suite tailored for the manufacturing sector and small to medium-sized enterprises. The software facilitates the recording and analysis of critical quality data, empowering users at all levels—from production staff to top management—to optimize production processes effectively. By enhancing transparency and enabling actionable insights, QDA Solutions helps organizations make informed decisions that contribute to sustainable success. The platform ensures system-wide visibility, traceability, and quality intelligence throughout the entire manufacturing quality process, allowing for quick and efficient implementation of management services.

Virtalis

Private Equity Round in 2017
Virtalis Limited is a virtual reality (VR) and advanced visualization company that specializes in developing innovative software and solutions for various industries. Its flagship product, Visionary Render, enables users to create and interact with immersive VR environments derived from 3D datasets. Other notable offerings include GeoVisionary for high-resolution spatial data visualization, and specialized training systems such as Helicopter Crew Reality and Haptic Cow for veterinary education. The company also provides tools like VR4CAD for CAD engineers and various immersive visualization technologies, including stereoscopic 3D displays and motion capture systems. Virtalis serves a diverse clientele, including sectors such as automotive, aerospace, construction, and healthcare, as well as academic and military institutions across Europe, North and South America, and Asia. Founded in 2003 and headquartered in Sale, United Kingdom, Virtalis has additional offices in Ohio, Germany, Malaysia, and Finland. The company also offers maintenance and support services for its products.

Assent Building Control

Venture Round in 2017
Assent Building Control Ltd. is a prominent provider of building control services in the United Kingdom, catering to designers, developers, contractors, and end-users. Established in 2004 and headquartered in Wakefield, the company operates a network of 43 offices across the country, employing over 110 experts in building control. Assent specializes in a range of services, including fire safety consultancy, planning consultancy, and energy performance certifications, ensuring compliance with building regulations throughout the project lifecycle. The firm also addresses specific challenges through tailored consultancy services and offers seminars and training to enhance the skills of client workforces. Over the years, Assent has successfully managed approximately 16,000 projects across diverse sectors, including residential, educational, retail, and university buildings, establishing itself as a reliable partner in creating sustainable and safe building environments.

GEFASOFT

Acquisition in 2017
GEFASOFT is a manufacturer specializing in automation systems designed to enhance efficiency across various industrial sectors, including automotive, semiconductor, electronics, and medical technology. Since its establishment in 1984, the company has focused on discrete production, offering products such as the scalable Manufacturing Execution System (MES) Legato Sapient and the object-oriented process visualization software GraphPic (SCADA). These solutions are adaptable and cater to diverse applications, allowing for efficient monitoring and management of manufacturing processes. GEFASOFT is recognized for its innovation in online data exchange and transparent information presentation, which are crucial for improving operational processes. The company's expertise extends to industries such as pharmaceuticals, food, energy technology, and building management, positioning it as a versatile partner in various projects aimed at optimizing production efficiency.

CrossLink Faserverbundtechnik

Acquisition in 2016
CrossLink Faserverbundtechnik GmbH & Co. KG engages in the design and production of fiber enforced composites, such as CFRP, GFRP, and AFRP components. It serves customers in the fields of medicine, automobile industry, and mechanical engineering. The company is based in Cadolzburg, Germany.

CIMdata

Acquisition in 2016
CIMdata is a prominent global consulting and research firm specializing in Product Lifecycle Management (PLM). The company focuses on enhancing clients' capabilities to design and deliver innovative products and services by leveraging PLM systems. By providing strategic management consulting, CIMdata aims to improve operational efficiency and overall performance for organizations undergoing digital transformation. Their expertise in the PLM market positions them as a key authority, dedicated to helping clients maximize revenue and streamline their product development processes.

Oxaion

Venture Round in 2015
Oxaion AG, based in Ettlingen, Germany, is a leading provider of enterprise resource planning (ERP) solutions tailored for mid-sized companies in the industrial and wholesale sectors. Established in 2005, the company offers comprehensive ERP systems, including its flagship products, Oxaion Business Solution and Oxaion Open, which are backed by over 30 years of industry experience. These software solutions encompass essential business processes such as materials management, customer relationship management (CRM), finance, and accounting, as well as additional functionalities like project and service management, business process management, and business intelligence. Oxaion AG's products are designed to be flexible and platform-independent, ensuring they meet the diverse needs of clients across various international markets, with support for multiple languages and country-specific adaptations.

Dolan

Acquisition in 2015
DOLAN GmbH, based in Kelheim, Germany, specializes in manufacturing acrylic specialty fibers, serving a diverse range of applications including furniture fabrics, sun protection, marine products, and protective clothing. Founded in 2005, the company is recognized for its custom fiber solutions and is a member of the Lenzing Group. DOLAN's spun-dyed fibers are designed to meet stringent requirements for light and weather fastness, making them ideal for car covers, awnings, and outdoor fabrics. In addition, the company focuses on technical fibers for hot gas and liquid filtration, as well as reinforcement in composite materials for the construction sector. The high chemical resistance of DOLAN's acrylic fibers also allows for their use in concrete, mortar, bitumen, and fiber cement products. DOLAN GmbH operates as a subsidiary of Dralon GmbH.

European Carbon Fiber

Acquisition in 2015
European Carbon Fiber GmbH manufactures precursors for the carbon fiber industry.

Exosect

Venture Round in 2015
Exosect Limited, established in 2001 as a spin-out from the University of Southampton, specializes in developing innovative platforms that enhance the delivery of biological and synthetic active ingredients for pesticide manufacturers. The company's proprietary technologies, including the Entostat and Entomag delivery platforms, address challenges such as pest resistance, regulatory compliance, and food safety residues. The Entostat platform utilizes an electrostatically charged micro powder for microencapsulation and controlled release of active ingredients, while the Entomag platform employs ferrous micro powder for targeted delivery, particularly against crawling insects in public health applications. With a robust portfolio of 41 patents and 28 national product registrations, Exosect is strategically positioned to commercialize its patented technologies across agriculture, public health, and animal health sectors, aiming to improve pest control and food protection. The company is headquartered in Winchester, United Kingdom.

Modula

Venture Round in 2015
Modula is an IT strategy partner and solution provider focused on the manufacturing industry, specifically catering to mid-market companies undergoing digital transformation. The company leverages the expertise of four established software providers—cimdata Software GmbH, Logis GmbH, oxaion gmbh, and SYNCOS GmbH—to offer a comprehensive suite of manufacturing execution systems (MES) and enterprise resource planning (ERP) software tailored to the unique needs of its clients. With a customer base of 500 spanning over 35 countries, Modula operates from 12 branches located in Germany and Austria, ensuring a robust support network for its clients in their digital initiatives.

Mcor Technologies

Series B in 2014
Mcor Technologies Ltd is an innovative manufacturer of affordable, full-color, and eco-friendly 3D printers, distinguished by its unique use of ordinary business-letter paper as the primary build material. This approach allows the production of durable and tactile models, making 3D printing more accessible to a wider audience. Established in 2004, the company boasts a skilled team specializing in 3D printing, software, and CAD/CAM technologies. With operations extending internationally from offices in Ireland, the UK, and the United States, Mcor aims to transform the 3D printing landscape by providing cost-effective solutions for various applications.

UB Composites

Venture Round in 2014
UB Composites is a developer and manufacturer of carbon fiber components, primarily serving the aerospace sector. The company specializes in producing lightweight products suitable for various applications, including fiber composite materials, model and tool making, and computer numerical control (CNC) milling. By focusing on lamination and other advanced manufacturing techniques, UB Composites enables clients in the automotive, aerospace, and medical industries to effectively realize their innovative concepts.

Exosect

Venture Round in 2013
Exosect Limited, established in 2001 as a spin-out from the University of Southampton, specializes in developing innovative platforms that enhance the delivery of biological and synthetic active ingredients for pesticide manufacturers. The company's proprietary technologies, including the Entostat and Entomag delivery platforms, address challenges such as pest resistance, regulatory compliance, and food safety residues. The Entostat platform utilizes an electrostatically charged micro powder for microencapsulation and controlled release of active ingredients, while the Entomag platform employs ferrous micro powder for targeted delivery, particularly against crawling insects in public health applications. With a robust portfolio of 41 patents and 28 national product registrations, Exosect is strategically positioned to commercialize its patented technologies across agriculture, public health, and animal health sectors, aiming to improve pest control and food protection. The company is headquartered in Winchester, United Kingdom.

Hoffmeister Leuchten

Private Equity Round in 2013
Hoffmeister-Leuchten GmbH is a German manufacturer and designer of lighting equipment, specializing in the integration of functionality, architectural design, and innovative lighting technology. The company is recognized for its expertise in thermal management of LEDs, which provides significant cost savings and enhances energy efficiency, resulting in a longer product lifespan. As a subsidiary of Koninklijke Philips Electronics NV, Hoffmeister-Leuchten is committed to delivering high-quality lighting solutions that meet the evolving needs of the electronic industry.

Exosect

Venture Round in 2012
Exosect Limited, established in 2001 as a spin-out from the University of Southampton, specializes in developing innovative platforms that enhance the delivery of biological and synthetic active ingredients for pesticide manufacturers. The company's proprietary technologies, including the Entostat and Entomag delivery platforms, address challenges such as pest resistance, regulatory compliance, and food safety residues. The Entostat platform utilizes an electrostatically charged micro powder for microencapsulation and controlled release of active ingredients, while the Entomag platform employs ferrous micro powder for targeted delivery, particularly against crawling insects in public health applications. With a robust portfolio of 41 patents and 28 national product registrations, Exosect is strategically positioned to commercialize its patented technologies across agriculture, public health, and animal health sectors, aiming to improve pest control and food protection. The company is headquartered in Winchester, United Kingdom.

WEMS

Venture Round in 2012
WEMS is the only wireless building energy management system in the world that is completely wireless and web-enabled. WEMS delivers typical energy savings of 15-30%. Installing their wireless energy management systems is non-intrusive and fast, which helps you realise your building energy efficiency quickly and cost-effectively.

Torqeedo

Series C in 2012
Torqeedo GmbH, founded in 2005 and headquartered in Gilching, Germany, specializes in the development, manufacturing, and distribution of electric boat motors and propulsion systems. The company provides a diverse range of products, including electric outboard motors for various types of boats, such as kayaks, motorboats, sailboats, and commercial vessels. Additionally, Torqeedo offers integrated hybrid drive systems, energy management solutions, and power batteries tailored for leisure and commercial applications. Its extensive product lineup includes spare parts and accessories, as well as repair services. The company markets its offerings through a network of dealers across Germany, the United States, Canada, and several European countries. Torqeedo operates as a subsidiary of DEUTZ Aktiengesellschaft and is committed to promoting electric mobility in the marine sector.

Exosect

Venture Round in 2011
Exosect Limited, established in 2001 as a spin-out from the University of Southampton, specializes in developing innovative platforms that enhance the delivery of biological and synthetic active ingredients for pesticide manufacturers. The company's proprietary technologies, including the Entostat and Entomag delivery platforms, address challenges such as pest resistance, regulatory compliance, and food safety residues. The Entostat platform utilizes an electrostatically charged micro powder for microencapsulation and controlled release of active ingredients, while the Entomag platform employs ferrous micro powder for targeted delivery, particularly against crawling insects in public health applications. With a robust portfolio of 41 patents and 28 national product registrations, Exosect is strategically positioned to commercialize its patented technologies across agriculture, public health, and animal health sectors, aiming to improve pest control and food protection. The company is headquartered in Winchester, United Kingdom.

Green Energy Group

Venture Round in 2011
Green Energy Group (GEG) is headquartered in London/ UK and was founded in 2008. The company is focused on delivering flash type and modular geothermal wellhead power plants on a turnkey basis. GEG has developed a unique power plant system that is prefabricated in ready modules and commissioned on site in a matter of months. GEG currently delivers turnkey flash type modular geothermal wellhead power plants sizing from 3.2 MWe to 10 MWe per unit. The plants reduce capital expenses and project risk and allow for quicker payback on investment. They can be scaled through several modules to hundreds of MWe. The highly experienced executive team at GEG has assembled a team commanding a wealth of experience within the design, engineering, project management and operation of geothermal plants and is supported by a Board of Directors drawn from both investment banking and the engineering sector.

Resysta

Venture Round in 2011
Resysta specializes in the manufacturing of fiber-reinforced hybrid materials designed for decking and furniture applications. The company produces a wood-free material composed of rice husks, rock salt, and petroleum, providing a sustainable alternative for outdoor decor. Resysta's products are water-resistant and immune to damage from insects and fungi, ensuring durability and low maintenance for users. This innovative material allows customers to create stylish outdoor spaces tailored to their preferences and budgets, while also eliminating common issues associated with traditional wood products, such as cracks and splinters.

pvXchange.com

Venture Round in 2011
pvXchange.com is a prominent online trading platform specializing in solar modules, inverters, and photovoltaic components in Europe. Catering to over 10,000 registered business clients, it features a comprehensive product catalogue that includes both currently manufactured and discontinued products. The platform facilitates easy access for companies seeking replacement modules and spare parts to restore or enhance damaged photovoltaic systems. With over 30,000 completed transactions and 15 years of market experience, pvXchange effectively matches client needs with tailored solutions. Additionally, the company provides individual technical advice and support, along with complementary services like quality checks, power measurements, and electroluminescence testing. This positions pvXchange as a valuable resource for solar installers and distributors looking for reliable procurement options.

Friedola Tech

Private Equity Round in 2010
friedola®TECH manufactures high-end plastic products and lightweight system components for the automotive industry and customized solutions for multiple-use logistics. In addition to the headquarters in Geismar, friedola®TECH currently operates facilities in Leinefelde, Bremen and Greenville/USA and has partner offices in Turkey and Russia.

Friedola Tech

Acquisition in 2010
friedola®TECH manufactures high-end plastic products and lightweight system components for the automotive industry and customized solutions for multiple-use logistics. In addition to the headquarters in Geismar, friedola®TECH currently operates facilities in Leinefelde, Bremen and Greenville/USA and has partner offices in Turkey and Russia.

Via optronics

Venture Round in 2010
VIA optronics AG, through its subsidiary VIA optronics GmbH, specializes in providing advanced display solutions and systems globally. Founded in 2005 and headquartered in Nuremberg, Germany, the company focuses on interactive display solutions that integrate system design, software, and hardware components, alongside optical bonding solutions for various displays and touch panels. VIA optronics also offers camera solutions, serving a diverse range of sectors, including automotive, consumer electronics, and industrial markets. Known for its high-volume production capabilities in a clean room environment, the company produces products designed for demanding applications such as sunlight-readable displays, medical systems, and industrial automation. VIA optronics has established itself as a technology leader in Europe, earning several awards for its innovations.

Torqeedo

Venture Round in 2010
Torqeedo GmbH, founded in 2005 and headquartered in Gilching, Germany, specializes in the development, manufacturing, and distribution of electric boat motors and propulsion systems. The company provides a diverse range of products, including electric outboard motors for various types of boats, such as kayaks, motorboats, sailboats, and commercial vessels. Additionally, Torqeedo offers integrated hybrid drive systems, energy management solutions, and power batteries tailored for leisure and commercial applications. Its extensive product lineup includes spare parts and accessories, as well as repair services. The company markets its offerings through a network of dealers across Germany, the United States, Canada, and several European countries. Torqeedo operates as a subsidiary of DEUTZ Aktiengesellschaft and is committed to promoting electric mobility in the marine sector.

PassivSystems

Private Equity Round in 2010
PassivSystems Limited specializes in smart heating and hot water solutions that allow homeowners and businesses to control their systems remotely via smartphones, tablets, or PCs. The company offers the PassivLiving online portal and mobile applications for both Android and iPhone, enabling users to establish heating schedules and monitor system performance. Additionally, PassivSystems provides PassivPro, an energy management platform designed for solar photovoltaic monitoring, which includes features such as automated data collection, weather compensation, performance comparisons, and reporting tools. The company also offers consultancy services for utility, retail, and off-grid oil companies, along with home infrastructure providers. Founded in 2008 and headquartered in Newbury, United Kingdom, PassivSystems aims to deliver innovative solutions to address pressing global energy challenges.

Exosect

Venture Round in 2009
Exosect Limited, established in 2001 as a spin-out from the University of Southampton, specializes in developing innovative platforms that enhance the delivery of biological and synthetic active ingredients for pesticide manufacturers. The company's proprietary technologies, including the Entostat and Entomag delivery platforms, address challenges such as pest resistance, regulatory compliance, and food safety residues. The Entostat platform utilizes an electrostatically charged micro powder for microencapsulation and controlled release of active ingredients, while the Entomag platform employs ferrous micro powder for targeted delivery, particularly against crawling insects in public health applications. With a robust portfolio of 41 patents and 28 national product registrations, Exosect is strategically positioned to commercialize its patented technologies across agriculture, public health, and animal health sectors, aiming to improve pest control and food protection. The company is headquartered in Winchester, United Kingdom.

Petainer

Venture Round in 2009
Petainer is a specialist engineering and technology business focused on the design and manufacture of PET (PolyEthylene Terephthalate) plastic containers. The company is committed to sustainability, developing innovative packaging solutions that reduce carbon footprints and enhance material efficiency. Petainer's product range includes refillable and one-way PET bottles, containers for beverages such as beer, wine, and spirits, as well as fittings and water coolers. By leveraging modern manufacturing techniques in purpose-built factories, Petainer collaborates with leading European brands to create new packaging concepts that meet the growing demand for environmentally friendly solutions. Their emphasis on quality and cost efficiency ensures that their products can be effectively collected, reused, and recycled.

AMCS Group

Venture Round in 2009
AMCS Group is an Irish company headquartered in Limerick, specializing in integrated software and technology solutions for the waste, recycling, and resource management industries. Founded in 2002 by James Martin and Austin Ryan, AMCS offers a comprehensive range of products, including RFID technology, weighing systems, and ERP software, which facilitate efficient management of operations such as bin, vehicle, and skip management. The company’s platform is designed to standardize and optimize business processes, enabling clients to reduce operating costs, enhance asset utilization, and improve customer service. AMCS Group serves a diverse clientele, including municipalities, private recycling firms, and commercial waste haulers, helping them transition towards a circular economy for better resource management and logistics.

Exosect

Venture Round in 2008
Exosect Limited, established in 2001 as a spin-out from the University of Southampton, specializes in developing innovative platforms that enhance the delivery of biological and synthetic active ingredients for pesticide manufacturers. The company's proprietary technologies, including the Entostat and Entomag delivery platforms, address challenges such as pest resistance, regulatory compliance, and food safety residues. The Entostat platform utilizes an electrostatically charged micro powder for microencapsulation and controlled release of active ingredients, while the Entomag platform employs ferrous micro powder for targeted delivery, particularly against crawling insects in public health applications. With a robust portfolio of 41 patents and 28 national product registrations, Exosect is strategically positioned to commercialize its patented technologies across agriculture, public health, and animal health sectors, aiming to improve pest control and food protection. The company is headquartered in Winchester, United Kingdom.

Watson Brown

Series A in 2008
Watson Brown HSM Limited specializes in polymer recycling technologies, utilizing mechanochemistry principles to develop innovative solutions for the recycling of rubber and other materials. Founded in 1997 and headquartered in London, the company operates in the United Kingdom, Germany, and the United States. Watson Brown offers a range of services including toll processing, the provision of recycled compounds, downcycling compounds, and the creation of custom products tailored to specific client needs. The company holds patents for its proprietary methods of reprocessing and recycling rubber, positioning itself as a leader in the sustainability field within the polymer industry.

Exosect

Venture Round in 2008
Exosect Limited, established in 2001 as a spin-out from the University of Southampton, specializes in developing innovative platforms that enhance the delivery of biological and synthetic active ingredients for pesticide manufacturers. The company's proprietary technologies, including the Entostat and Entomag delivery platforms, address challenges such as pest resistance, regulatory compliance, and food safety residues. The Entostat platform utilizes an electrostatically charged micro powder for microencapsulation and controlled release of active ingredients, while the Entomag platform employs ferrous micro powder for targeted delivery, particularly against crawling insects in public health applications. With a robust portfolio of 41 patents and 28 national product registrations, Exosect is strategically positioned to commercialize its patented technologies across agriculture, public health, and animal health sectors, aiming to improve pest control and food protection. The company is headquartered in Winchester, United Kingdom.

Aquaspy

Venture Round in 2007
AquaSpy, Inc. specializes in the development of underground soil moisture sensors designed to measure and monitor soil moisture levels, benefiting agricultural practices across several regions, including Australia, South America, and the United States. Founded in 2000 and based in San Diego, California, AquaSpy operates as a subsidiary of AquaSpy Group Pty Ltd., which has been active since 1997 and is headquartered in Thebarton, Australia. The company provides a comprehensive range of products, including moisture sensors, irrigation system regulators, data loggers, and weather stations, aimed at helping farmers optimize crop yield and water usage. With over 50,000 sensors deployed globally, AquaSpy's technology has demonstrated significant effectiveness, enabling farmers to improve yields and make informed decisions regarding water and nutrient management. Its services extend to various sectors, including agriculture, urban landscaping, and municipal markets, exemplifying the company's commitment to intelligent water management solutions.
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