Latour Capital announces the successful closing of a continuation fund to support Gutor’s next phase of growth
Client: Latour Capital
Client Location: France
Client Description: Latour Capital is an independent French investment firm with an entrepreneurial culture and deep operational experience, led by 12 partners. With €5 billion in assets under management, the firm invests in France and across Europe and prioritizes companies with significant growth potential.
Target: Gutor
Target Location: Switzerland
Target Description: Founded in 1946 in Switzerland, Gutor is a global leader of the mission-critical uninterruptible power supply market. Gutor designs, engineers and manufactures reliable solutions with a pure-play focus on power and industrial end markets and optimizes its solutions’ efficiency through multi-decade maintenance services. Following Latour’s successful carve-out of Gutor from Schneider Electric in August 2023, Gutor has further strengthened its leadership position globally through accelerated commercial development across regions, targeted operational enhancements, diversification towards new market segments and expansion of its service operations.
The Transaction: Latour has announced the successfully closing of a single-asset continuation vehicle established to acquire Gutor from Latour’s 2019 vintage fund. The transaction marks Latour’s first continuation fund and reflects its conviction in Gutor’s long-term growth potential. The continuation fund was led by funds managed by anchor investors Hamilton Lane and Ardian, with Patria as co-underwriter, meaningful support from existing Latour limited partners and significant reinvestment and new investment from Gutor management.
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