Quadriga Capital has sold punker to Cross Equity
Funds advised by Quadriga Capital Beteiligungsberatung GmbH (“Quadriga Capital”) and Management have sold their shares in punker Holding GmbH (“punker”) to funds advised by Cross Equity Partners AG (“Cross”). The details of the transaction were not disclosed.
punker, headquartered in Eckernförde, Germany, is the European market leader for high efficiency air flow components in challenging environments. Its products are used in a wide range of areas, from heating, ventilation, and air-conditioning (HVAC) technology to applications in household appliances, railway and agricultural machinery and the wider mechanical engineering industry. HVAC technology, in particular, punker’s most important target market, is expected to enjoy sustainable growth in the coming years. Thanks to USPs such as the long life, energy efficiency and low noise levels of its solutions, punker is very well positioned to profit from continued market growth.
Quadriga Capital is one of the leading private equity companies in the German-speaking countries specialized in acquiring and strengthening medium-sized companies. Investors in the funds advised by Quadriga Capital are institutional investors such as international pension funds.
Cross is a leading Swiss private equity firm with the mission to support the sustainable development of mid-sized companies in Switzerland, Germany and Austria through equity capital, industrial expertise and an extensive relationship network.
Lincoln International acted as exclusive mergers and acquisitions advisor to Quadriga Capital and Management on this transaction and initiated a competitive bidding process with selected German and international investors.
Meet Our Professionals
View More Transactions
Lincoln International is pleased to announce that Turf Design has been sold to Armstrong World Industries (NYSE: AWI), a leading provider of ceiling and wall solutions for commercial and residential construction end markets
Lincoln International has advised Airsweb on its sale to EcoOnline, a Norway-based company backed by Goldman Sachs, Summa Equity and Viking Venture
Lincoln International is pleased to announce that UAS Laboratories LLC, a portfolio company of Lakeview Equity Partners, LLC, has been sold to Chr. Hansen Holding A/S (CPSE:CHR), a leading, global bioscience company that develops natural ingredient solutions for the food, nutritional, pharmaceutical and agricultural industries
Lincoln International is pleased to announce that Sparton Corporation, a portfolio company of Cerberus Capital Management, L.P. (together with its affiliates, “Cerberus”), has sold its manufacturing and design services division (“MDS”) to One Equity Partners