Evoco acquires diversified portfolio of attractive German companies

09 February 2024

Evoco is pleased to announce that Evoco TSE III has acquired a portfolio of three attractive German companies.

Evoco TSE III has acquired a portfolio of attractive German companies, leading in their own markets including:

HEDRICH, a high-tech engineering company based in northern Hesse, helping clients to deliver critical energy infrastructure for the transition to renewable energy ZTK, a successful healthcare services group in Southern Germany, serving patients with highest quality dental medicine Economic interests in a market-leading pan-European consumer tech business

Evoco has led the transaction and invested, on behalf of its clients, and together with a leading US based institutional investor, close to EUR 100m of equity. Thereby, Evoco is making a clear statement to the quality and strength of the German industrial landscape.

By providing additional funding and leadership to these highly attractive businesses, Evoco will bring in its long-standing experience as responsible investor to the benefit of the companies.

This transaction allows the investors of the selling private equity partnership to receive liquidity on their investment and the partnership manager to free up resources to focus on newer vintage funds.

About Evoco: Evoco is a private equity house investing in mid-sized businesses across Western Europe. By acquiring several companies from a single vendor, we can offer a customised yet streamlined transaction for the benefit of the operating companies and the seller alike. The international Evoco team is operating out of Zurich, Switzerland.