Company type | Limited liability partnership |
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Industry | Private equity firm |
Founded | 1985; 39 years ago (1985) |
Headquarters | London, United Kingdom |
Products | Private Equity Funds, Leveraged buyouts |
Website | www |
Silverfleet Capital is a regionally focused European mid-market private equity firm.
Silverfleet is an independent firm, owned by its partners, and invests on behalf of a diversified group of international institutional investors. Silverfleet Capital specialises in mid-market private equity investment, in international companies operating in a number of different countries, where there is an opportunity to accelerate growth from buy and build and roll-out strategies.
In August 2006, Silverfleet Capital Partners LLP was established.
In 2014, Silverfleet backed SPAC Mirror Bidco in its acquisition of AGR Holdings AS from AGR Group ASA.
In June 2015, Silverfleet acquired the Danish clothing company Masai. In November 2015, Silverfleet sold the British footwear retail chain Office to South African fashion retailer Truworths for £256m, achieving a 3.4 x return on its 2010 purchase from Scottish entrepreneur Tom Hunter.
In 2016, Silverfleet Capital sold meat product casings manufacturer Kalle Group to investors managed by Clayton, Dubilier & Rice (CD&R). Silverfleet had acquired a majority stake in Kalle Group in 2009.
In November 2017, Silverfleet Capital sold Berlin based Competence Call Center Group (CCC) back to Ardian, formerly AXA Private Equity. Silverfleet had acquired a majority share from Ardian four years earlier in 2013. In December 2017, Silverfleet acquired a majority stake in Riviera Travel, a river cruise and tour operator focused on the "over-55s".
In July 2021, Silverfleet abandoned its fundraising for its third fund refocusing on follow-on investments and realizations of its portfolio.
A majority stakeholder in German Pumpenfabrik Wangen for five years, Silverfleet sold its stake to Atlas Copco for an undisclosed amount in 2022. In July 2022, Silverfleet sold Prefere Resins, a company specializing in phenolic and melamine resins acquired in 2018 from Prefere Resin management, capiton AG and Intermediate Capital Group, to US private equity firm One Rock Capital Partners.
References
- Robson, Victoria (2015-06-01). "Silverfleet smashes target to close second fund at €850m". Private Equity International. Retrieved 2023-12-15.
- "Dealmaker | Silverfleet Capital". www.dealmaker.nl. Retrieved 2023-12-16.
- "Silverfleet Capital Partners LLP - Company Profile - Endole". suite.endole.co.uk. Retrieved 2023-12-06.
- "AGR's Petroleum Services division sold to Silverfleet Capital - Alpha Corporate". www.alpha.no. Retrieved 2023-12-13.
- Bollen, Jennifer (2015-06-24). "Silverfleet Buys Danish Clothing Business as Retail Deals Surge". Wall Street Journal. ISSN 0099-9660. Retrieved 2023-12-06.
- "Silverfleet acquires Masai Clothing Company". Private Equity Wire. 24 June 2015. Retrieved 6 December 2023.
- Ratcliffe, Madeline (2015-11-30). "Silverfleet Capital sell Office for £256m to South African retailer Truworths, more than tripling its money". CityAM. Retrieved 2023-12-05.
- "Silverfleet sells footwear retailer Office in GBP256m deal". Private Equity Wire. 30 November 2015. Retrieved 5 December 2023.
- "Silverfleet ties up €215.5m Kalle buy-out". www.ft.com. Retrieved 2023-12-15.
- Corbin, Tony (2016-05-03). "Silverfleet Capital sells meat product casings manufacturer Kalle". Packaging News. Retrieved 2023-12-15.
- Ballard, Ed. "Ardian Buys Call Centre Operator Back from Silverfleet". www.penews.com. Retrieved 2023-12-17.
- "Silverfleet sells Competence Call Center to Ardian". Reuters. 21 November 2017. Retrieved 17 December 2023.
- "Sale to Silverfleet Capital". Baird. December 2013. Retrieved 17 December 2023.
- "Capital Investment firm buys majority stake in Riviera Travel". Cruise Trade News. 2017-12-14. Retrieved 2023-12-07.
- "Private equity firm acquires majority stake in Riviera Travel". Travel Weekly. Retrieved 2023-12-07.
- "Silverfleet calls off fundraise for third fund | Unquote". www.unquote.com. 2021-07-19. Retrieved 2023-12-12.
- "Silverfleet Capital calls off third flagship fundraise due to market circumstances | AltAssets Private Equity News". 2021-07-21. Retrieved 2023-12-12.
- "Silverfleet exits German pump business". Real Deals. Retrieved 2023-12-16.
- "Silverfleet exits German pump business". Real Deals. Retrieved 2023-12-16.
- "World Pumps - Atlas Copco completes Wangen acquisition". World Pumps. 2022-05-04. Retrieved 2023-12-16.
- MarketScreener (2018-05-11). "Silverfleet Capital Partners entered into a binding contract to acquire a majority stake in Prefere Resins Holding GmbH from capiton AG, Intermediate Capital Group plc and the management. -May 10, 2018 | MarketScreener". www.marketscreener.com. Retrieved 2023-12-13.
- Keighley, Tom (2022-07-26). "Newton Aycliffe's Prefere Resins acquired by US private equity firm". Business Live. Retrieved 2023-12-13.
- Lindholm, Nina (2022-07-26). "One Rock Capital Partners acquires Prefere Resins from Silverfleet Capital". PE Hub Europe. Retrieved 2023-12-13.
External links
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