Capvis

Capvis is a private equity firm based in Switzerland, focusing on investments in well-positioned mid-sized companies predominantly located in Switzerland, Germany, and Austria. Established in 1990 as the successor to SBC Equity Partners, Capvis targets sectors such as B2B, healthcare, manufacturing, and industrial technology. The firm manages funds totaling approximately EUR 900 million and has successfully completed 43 transactions valued over EUR 3.0 billion. Capvis typically engages in succession solutions and corporate spin-offs, aiming to acquire substantial ownership stakes in companies and support management teams in unlocking new growth potential. The firm operates through Capvis Equity Partners AG, which serves as its exclusive advisor, and has a management team with over a decade of collaboration, enhancing its investment approach with expertise from former industry professionals.

Jean-Robert Bartolini

Executive Director

Marc Battenfeld

Partner and Head, Risk Management

Ahcene Boulhais

General Partner

Jonathon Buesnel

Executive Director and Board Member

Nigel Campion-Smith

Director

Samuel Dieterle

Associate Director

Johanna Dolci

Investment Director

Ulrich Eckhardt

Partner

Konstantin Ewald

Associate Director

Daniel Flaig

Chairperson of the Investment Committee and Managing Partner

Rolf Friedli

Partner and Chairman

Daniel Hagn

Investment Associate

Patrick Höfliger

Investment Director

Michael Johner

Partner, Investment Team

Stephan Lauer

Partner

Simon Lussi

Partner

Enrico Merlin

Investment Director

Marvin Müller

Associate Director

Tom Ogden

General Partner and Fund Controller

André Perwas

Partner and Head of Advanced Services and Software

Anina Sax

Investment Associate

Kaili Shen

Investment Director

Andreas Simon

Partner and Head of Industry and Technology

Boris Zoller

Managing Partner and Member of the Investment Committee

36 past transactions

Xovis

Private Equity Round in 2019
Xovis AG is a Swiss technology company founded in 2008, specializing in the development and distribution of 3D people counting sensors and software solutions primarily for the airport and retail sectors. The company offers a range of products, including the Xovis PC2/3, a 3D stereo vision sensor designed for tracking people, vehicles, and bags, as well as the Xovis XS Suite, a software platform that processes data from these sensors to generate key performance indicators, such as waiting and processing times. Additional offerings include the Xovis PTS, a remote management system for sensor configuration and maintenance, and various mounting accessories. Xovis's solutions are utilized for measuring waiting times and analyzing passenger flow in airports, as well as for applications in retail, building management, public transport, security, and industry. The company is committed to enhancing its vision-based tracking technology to address future challenges in passenger flow management.

Xovis

Acquisition in 2019
Xovis AG is a Swiss technology company founded in 2008, specializing in the development and distribution of 3D people counting sensors and software solutions primarily for the airport and retail sectors. The company offers a range of products, including the Xovis PC2/3, a 3D stereo vision sensor designed for tracking people, vehicles, and bags, as well as the Xovis XS Suite, a software platform that processes data from these sensors to generate key performance indicators, such as waiting and processing times. Additional offerings include the Xovis PTS, a remote management system for sensor configuration and maintenance, and various mounting accessories. Xovis's solutions are utilized for measuring waiting times and analyzing passenger flow in airports, as well as for applications in retail, building management, public transport, security, and industry. The company is committed to enhancing its vision-based tracking technology to address future challenges in passenger flow management.

Variosystems

Acquisition in 2018
Variosystems AG is an international electronics service company based in Steinach, Switzerland, founded in 1993. It specializes in electronic design and manufacturing services for electronic assemblies, providing a comprehensive range of solutions that include project management, development, procurement, cable assembly, electronics manufacturing, testing, logistics, and after-sales services. The company operates in multiple locations, including the USA, Sri Lanka, and China, and is committed to environmental protection and employee safety, adhering to ISO 14001 and OHSAS 18001 standards. Variosystems serves various industries such as industrial, medical, aviation, and automotive, offering tailored services that cater to clients' specific needs. The company is also dedicated to employee health and modern work environments, continually investing in infrastructure, technology, and training.

Amann Girrbach

Acquisition in 2018
Amann Girrbach AG is a leading manufacturer and supplier of dental equipment, specializing in articulators, laboratory tools, and digital milling units for the global dental industry. Founded in 1973 and headquartered in Koblach, Austria, the company provides a diverse range of products, including model management articulators, masticatory loading simulators, functional scanners, milling machines, and CAD design software. With a strong emphasis on innovation and quality, Amann Girrbach serves dental professionals by delivering sophisticated system solutions that enhance precision and functionality in dental practices. The company operates internationally, with facilities in Germany, the United States, China, Singapore, and Brazil, and distributes its products through a network of partners in over 90 countries. Committed to accessibility, Amann Girrbach aims to offer advanced digital dental technology that is affordable for all laboratories, ensuring high-quality outcomes for both practitioners and patients.

Thermamax Group

Acquisition in 2017
Thermamax is recognized worldwide as a specialist for the design and production of thermal and acoustic insulation systems for small, medium and large engines. By the North American sister company Thermamax, Inc. (Aurora, Illinois), the Chinese trading company Taicang Thermamax High Temperature Insulation Equipment Co., (Taicang, China) and the Thermamax doo (Železnička, Serbia) as well as sales and marketing offices in the USA and Italy, Thermamax has a broad, international sales and production network. The high-temperature insulation systems are used both in vehicles in the automotive, on- and off-highway sector, in stationary power generation, In ships and on-shore and off-shore platforms.

ProXES

Acquisition in 2017
ProXES (www.proxes-group.com) is a provider of machines and production lines primarily for the food industry. The group’s products are used to make and process liquid and semi-liquid food, cosmetics, and pharmaceutical products in a variety of processes. With its installed base of more than 100,000 machines worldwide, the group profits from its broad application knowledge and systems competence. It possesses expansive engineering expertise and is able to provide integrated production lines, in addition to single machines. Customers of the group’s companies include major globally operating producers of consumer goods.

Wer Liefert Was

Acquisition in 2017
WLW is a professional supplier search engine for products and services in the business-to-business segment. WLW has been on the Internet since 1995. Since 2008, “Wer liefert was?” has been a member of the corporation Bisnode. Bisnode is one of Europe’s leading providers of digital business information, including credit reports, company and consumer information, direct marketing tools and market information for the general business-to-business market.

Felss Group

Acquisition in 2017
Felss Group, operating under the brand Felss Shortcut Technologies, specializes in the manufacture of machines and components for metal processing, primarily serving the automotive sector. The company focuses on advanced cold-forming technologies, including rotary swaging, axial forming, bending, end forming, and autofrettage. These processes enable the production of high-quality components that meet the rigorous standards of various industries. By leveraging its expertise in metal processing, Felss Group aims to deliver significant benefits to its customers through precision and efficiency in manufacturing.

Gotha Cosmetics

Acquisition in 2016
Gotha Cosmetics Srl is a private label cosmetics manufacturer specializing in a wide range of color cosmetics. Founded in 2005 and based in Lallio, Italy, the company produces products such as face primers, foundations, powders, blushes, serums, and various eye and lip cosmetics, including eye shadows, eyeliners, lip treatments, and specialty lip products. Additionally, Gotha Cosmetics offers shimmer powders, dry body oils, and body bronzers. The company is recognized as a partner for many fast-growing beauty brands across the globe and emphasizes the integration of skincare benefits into its makeup offerings. With additional sales and marketing offices in major cities such as Paris, New York, Los Angeles, Seoul, and Shanghai, Gotha Cosmetics also provides marketing, packaging, and logistics services to enhance its product offerings.

Hennecke

Acquisition in 2016
Hennecke specializes in designing and manufacturing machinery and systems for polyurethane processing, catering to clients in the plastics industry globally. The company's product offerings include dispensing machines, mixheads, slabstock plants, sandwich panel systems, molded foam systems, and equipment for technical insulation. Additionally, Hennecke provides plants for spray applications and various peripheral equipment, such as commodity conditioning, product conditioning, storage, and profiling solutions. By focusing on machine-based plant engineering and process technology, Hennecke enables customers to benefit from tailored systems that meet their economic and ecological needs.

RENA

Acquisition in 2015
RENA Technologies GmbH specializes in manufacturing and supplying production equipment and process technology for wet chemical surface treatment applications. The company provides a comprehensive range of solutions, including cleaning, etching, rinsing, coating, and electroplating, tailored for sectors such as solar energy, semiconductors, and medical technology. RENA's product offerings include platforms for dental implants and stents, as well as automation solutions that ensure high product quality. Established in 1993 and headquartered in Gütenbach, Germany, RENA serves a global clientele, particularly the largest photovoltaic module manufacturers in Asia, and maintains service centers in various countries, including the United States, China, and Singapore. Its focus on customized solutions and competitive pricing positions RENA as a key player in the wet chemical surface treatment market.

Faster

Acquisition in 2014
Faster Srl is an Italian company that specializes in the design, development, manufacturing, and sale of couplings, check valves, multi fasteners, and related accessories. Established in 1951 and located in Rivolta d'Adda, the company serves a diverse range of industries including agriculture, air conditioning, construction equipment, and oil and gas. Faster is particularly known for its quick-release couplings used in hydraulic applications and is committed to innovation, regularly launching new products and applications with advanced technical solutions. The company operates internationally and is a subsidiary of Helios Technologies.

Findlay Industries

Acquisition in 2014
Findlay Industries specializes in manufacturing interior components for the automotive and heavy truck sectors. The company's product offerings encompass a variety of items, including headliners, door panels, rear and sidewall panels, cabinetry systems, curtains, sleeper bunks, seats, and trunk and console systems. By focusing on these essential interior parts, Findlay Industries caters to the needs of both the automotive and heavy truck markets, contributing to the overall functionality and comfort of vehicles.

Arena Italia

Acquisition in 2013
Arena Italia S.p.A. specializes in manufacturing swimwear and accessories for racing, training, and leisure, catering to swimmers and watersport enthusiasts. The product offerings include racing swimsuits, training and shaping swimwear, beachwear, sports apparel, and triathlon gear for men, women, and children. Additionally, the company provides goggles, caps, sandals, bags, and other swimming accessories. Founded in 1973 and headquartered in Tolentino, Italy, Arena Italia distributes its products through wholly-owned subsidiaries in Italy, France, Germany/Austria, and the United States, as well as through a network of international business partners. The company emphasizes innovation and a deep understanding of consumer needs to enhance its product range.

VAT Group

Private Equity Round in 2013
VAT Group AG, based in Sennwald, Switzerland, specializes in the development, manufacture, and distribution of vacuum valves and related products through its subsidiaries. The company operates primarily in three segments: Valves, Global Service, and Industry. The Valves segment focuses on vacuum valves tailored for various sectors, including semiconductors, displays, photovoltaics, and vacuum coating, while the Global Service segment offers spare parts, repairs, and support services to enhance customer operations. The Industry segment produces edge-welded bellows utilized as sealing elements in semiconductor manufacturing, fuel injection systems, and medical implants, along with manufacturing parts for the machining ancillary industry. Founded in 1965, VAT Group AG has established a global presence, with significant revenue generated from markets such as China.

Nicko tours

Acquisition in 2013
nicko tours AG provides river cruise services.

Ondal Medical Systems

Acquisition in 2012
Ondal Medical Systems GmbH specializes in designing, developing, manufacturing, and distributing equipment carrying systems for medical environments, including hospitals and outpatient facilities. The company provides a range of products such as pendant systems for positioning medical devices in operating rooms and intensive care units, as well as monitor carrier systems for various imaging applications. Ondal also offers wall-mounted and mobile floor solutions, along with customized products to meet specific application needs. In addition to its manufacturing capabilities, the company provides comprehensive support services, including technical consultation, system installation, maintenance, retrofitting, and deinstallation. Founded in 1945 and based in Hunfeld, Germany, Ondal Medical Systems operates production sites in Virginia, USA, and Suzhou, China, and was previously known as Ondal Industrietechnik GmbH before rebranding in 2011.

hessnatur

Acquisition in 2012
Hessnatur is an online retailer that sells environmentally friendly clothing. It is a pioneer in natural clothing in German-speaking Europe. The company focuses on the design and distribution of organic and sustainable apparel and home textiles and is recognised internationally for its commitment to the highest ecological and social standards.

Kaffee Partner

Private Equity Round in 2010
Kaffee Partner is a distributor specializing in coffee and water dispensing machines, primarily serving small and medium-sized enterprises in Germany, Austria, and Switzerland. The company not only provides these machines but also offers servicing and a range of consumables, including ground coffee, tea, cocoa, cream, and sugar. Additionally, Kaffee Partner supplies supplementary products such as cookies, cups, and filters, ensuring clients have everything needed for a complete beverage experience. Through its comprehensive offerings, the company aims to cater to the liquid refreshment needs of its customers efficiently.

Wittur

Venture Round in 2010
Wittur International Holding GmbH is a prominent manufacturer of elevator components, modules, and complete elevator systems, catering to both multinational elevator companies and smaller manufacturers across Europe, Asia, and beyond. The company provides a diverse range of products including landing and car doors, slings and counterweight frames, safety gears, guide rail brakes, mechanical and electronic overspeed governors, and gearless drives. Additionally, Wittur offers passenger and goods transportation cars suitable for residential, commercial, and specialized industrial applications. The company also supplies complete elevator packages that include modular electric and hydraulic elevators, with options for machine rooms. Founded in 1968 and headquartered in Sulzemoos, Germany, Wittur was previously known as Paternoster Holding III GmbH until its name change in August 2016. It operates as a subsidiary of Paternoster Holding II GmbH, establishing itself as one of the largest independent suppliers in the lift industry.

Bartec

Acquisition in 2008
Bartec develops and manufactures safety technology products primarily for the oil and gas, chemical, petrochemical, pharmaceutical, and mining industries. The company provides a wide range of products, including analyzers, seismic instrumentation, HVAC and cooling systems, and various measurement systems for humidity, vibration, and temperature. Additionally, Bartec offers human-machine interface devices, mobile computing systems, and explosion-proof communication systems designed to enhance safety in hazardous environments. The company also supplies electrical equipment, including control panels, switchgears, and motors, along with training and maintenance services. Founded in 1975 and headquartered in Bad Mergentheim, Germany, Bartec operates production facilities across several countries, including Germany, Switzerland, the United Kingdom, and the United States, and distributes its products globally through a network of sales units and international partners.

SFC Koenig

Private Equity Round in 2008
SFC Koenig specializes in high-quality sealing and flow control technology, offering a diverse range of products and solutions tailored to meet precise customer needs. The company manufactures standard and customized solutions that enhance system reliability and efficiency while adhering to stringent safety and environmental standards. Its product lineup includes fastening and sealing technology, such as force-fitting fasteners, rivet systems, screw threads, adhesive products, and hydraulics expanders, which are utilized across various industries, including automotive, aerospace, electronics, medical engineering, and construction. By focusing on reducing waste and lowering lifecycle costs, SFC Koenig aims to deliver innovative solutions that not only optimize performance but also minimize damage to components.

de Sede

Acquisition in 2007
De Sede Group is a Swiss manufacturer based in Klingnau, specializing in the design and production of high-quality leather furniture for the international market. Their product range includes sofas, armchairs, chairs, tables, beds, and loungers, catering to a diverse clientele. De Sede's furniture is utilized in various settings, including private residences, yachts, hotels, restaurants, bars, and public spaces. The company's focus on craftsmanship and quality materials positions it as a notable player in the luxury furniture segment.

Orior AG

Acquisition in 2006
Orior AG is a Swiss food group established in 1852 and headquartered in Zurich. The company specializes in the production and sale of refined and processed meat products, as well as fresh convenience foods. It operates through three segments: ORIOR Refinement, which offers a variety of meat products like Bündnerfleisch, ham, and salami; ORIOR Convenience, which provides ready-made meals, patés, fresh pasta, and vegetarian and vegan specialties; and ORIOR International, which produces ready-made meals and organic vegetable juices, while also managing food centers at airports. Orior AG holds a strong market position in fast-growing niches within the retail and food service sectors, both domestically and in select neighboring countries. The company's diverse portfolio includes well-known brands such as Albert Spiess, Biotta, and Happy Vegi Butcher.

LISTA

Acquisition in 2006
LISTA Holding AG is a manufacturer based in Erlen, Switzerland, specializing in workshop and warehouse furnishings. The company offers a diverse range of products including drawer cabinets, drawer storage walls, workshop trolleys, storage and transport systems, workbenches, workstation systems, cabinet systems, shelving systems, partition materials, labeling systems, and access control systems. Founded in 1945, LISTA has expanded its presence internationally with subsidiaries in several European countries, including Germany, Austria, the United Kingdom, Italy, France, and Spain. As of mid-2018, LISTA operates as a subsidiary of Europe Great Star Co., Ltd.

WMF

Acquisition in 2006
WMF, established in 1853, is a manufacturer of high-quality cookware and household goods, known for its extensive range of kitchen products. The company specializes in designing and producing items such as knives, pots, pans, cutlery, coffee machines, and baking pans. Additionally, WMF provides equipment tailored for the restaurant and hotel industry, ensuring that its offerings cater to both domestic and professional culinary needs. With a reputation for excellence, WMF products are recognized for their quality and craftsmanship, all proudly labeled as "Made in Germany."

Stadler Rail

Private Equity Round in 2006
Stadler Rail is designs and manufactures rail vehicles. Its products include suburban and regional transport trains, light rail vehicles, trams, high-speed and intercity trains, city transport vehicles, locomotives, passenger trains, and tailor-made vehicles.

ACP

Acquisition in 2006
ACP is a vendor-neutral IT provider that provides end-to-end solutions for businesses, government agencies and organizations of all sizes. We offer consulting, procurement and integration, managed services, data center services and IT financing for the entire IT range. Founded in 1993 in Vienna, ACP is one of the leading IT providers with 1200 employees and 36 branches in Germany and Austria.

Benninger

Acquisition in 2006
Benninger is develops and manufactures textile finishing and cord production machineries. It offers solutions for textile finishing processes, as well as specializes in the continuous open width treatment of fabrics and interlaced yarns. The company also provides tire cord installations, single end installations fabrics and yarns, conveyor belt fabrics, impregnation solution preparation units, and cutting installations systems; and calendar accessories for tire manufacturers.

Ticketcorner

Acquisition in 2005
Ticketcorner AG sells tickets, ski tickets, and ski passes. The company offers tickets for music events; entertainment events, such as theatres, shows, musicals, specials, circus, comedy, cinema, festival productions, dances, fairs, exhibitions, children, clubs, others, ballets, variety shows, tourism, revues, and readings; and sports, such as football, ice hockey, tennis, motorsports, skiing, winter sports, extreme sports, athletics, hockey, ball games, martial arts, boxing, equestrian events, golf, basketball, volleyball, cycling, water sports, triathlon, marathon, handball, and gymnastics.

SF-Chem

Acquisition in 2004
SF-Chem is supplier of chlorine- and sulfur-based products.

Etavis

Acquisition in 2004
Etavis is a company that specializes in providing electrical and telecommunications services to the commercial and industrial sectors. The firm offers a comprehensive range of installation services, including electrical engineering, building automation, industrial automation, and telecom infrastructure. Additionally, Etavis manages mechanical systems and provides photovoltaic solutions along with voice and data services. The company focuses on delivering its services with an emphasis on meeting guaranteed deadlines, controlling costs, and maintaining high quality for its clients. Furthermore, Etavis is also involved in the installation and maintenance of mobile phone antennas, contributing to the infrastructure needs of modern communication systems.

Brooks Automation

Acquisition in 2000
Brooks Automation, Inc. provides automation, and vacuum and instrumentation solutions primarily to the semiconductor manufacturing industry worldwide. It operates in three segments: Automation Systems, Critical Components, and Global Customer Operations. The Automation Systems segment provides automation products for vacuum and atmospheric equipment, as well as mini-environment products, calibration and alignment products, and high-precision airflow controls primarily for the semiconductor and electronics industries. The company’s competitors in the vacuum cryogenic pumps market include SHI and Genesis. Its competitors in the vacuum measurement market include MKS Instruments and Inficon. It also identifies competition from Applied Materials, Novellus, KLA-Tencor, and TEL. Brooks Automation, Inc. was founded in 1978.

Polytec Holding

Acquisition in 2000
Polytec Holding is an Austria-based company that specializes in the manufacturing and sale of plastic components for the automotive industry and beyond. The company produces a wide range of parts, including engine components such as battery panels, cooling water tubes, and intake manifolds, as well as accessories and modules for both passenger and commercial vehicles. Polytec's operations are organized into four main segments: Plastics, which focuses on interior components; Composites, which supplies exterior and engine parts; Car Styling, which offers accessories and small parts; and Industrial, which manufactures various molded plastic components. The company is recognized for its expertise in injection molding and fiber-reinforced plastics, catering to the needs of the automotive sector and other industries globally.

REMP

Venture Round in 2000
REMP is a developer and manufacturer of integrated logistics and storage systems for pharmaceutical industry laboratories. The company develops and produces systems, equipment, software, and consumables for the sample management of research laboratories.

SAIA-Burgess Controls

Acquisition in 1996
Saia-Burgess Controls and their technology have been built on grassroots democracy. Both operate according to the “bottom up” principle. The needs of the grassroots are taken seriously and integrated into the development and manufacturing process. The quality management system, certified according to ISO 9001, can be viewed on internet by anyone and demonstrates with openness and transparency the rules by which they operate and the objectives they work towards.
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