Winterberg Investment X Surpasses Expectations with Over-Subscribed Hard Cap Closure
Winterberg Investment X Exceeds Funding Goals
Winterberg Investment X, advised by Winterberg Advisory GmbH, has marked a significant achievement by successfully closing its second funding round, raising an impressive €35 million, which exceeds its initial target of €20 to €25 million. This successful round showcases a robust demand for investment in the Swiss market, particularly in the accredited testing, inspection, and certification (TIC) services sector. With the funds raised, Winterberg aims to continue enhancing its Swiss Buy, Build, and Technologize platform and pursue further acquisitions of small and medium-sized enterprises (SMEs) within this thriving industry.
The Background of TIC Holding Schweiz AG
Founded in collaboration with prominent European small-cap specialist Yana Investment Partners, TIC Holding Schweiz AG has been established to develop a leading entity in Switzerland's TIC market. Thus far, two companies have already been acquired under this umbrella, with another acquisition on the horizon. The companies in the group, including Metron Measurement SA and TransGeo AG, specialize in calibration services and various industrial testing, showcasing strong sector potential and resilience against economic downturns.
Fabian Kröher, Chairperson of the Board of TIC Holding Schweiz, expressed his satisfaction regarding the second closing's robust support, mentioning, "After starting strong with our TIC Holding Schweiz initiative and spotting numerous promising acquisition targets, we were pleasantly surprised by the overwhelming commitments received during this round. We secured nearly €50 million in pledges."
Ralph Nowak, another partner at Winterberg, indicated that discussions are currently underway with multiple additional targets, particularly with successful managing partners looking to secure their business succession. This proactive approach puts Winterberg in a favorable position to build a significant conglomerate in Switzerland, optimizing investor capital in the process.
Investors' Trust and Future Prospects
Dr. Hanspeter Bader, founding partner of Yana Investment Partners and a board member of TIC Holding Schweiz, reflected on the strong investor interest. He stated, "The high demand from investors during our second closing indeed caught us off guard, and we are pleased with the progression of our investment. We take pride in having recognized the group’s potential earlier than others. As early lead investors, we are excited to shape the strategic direction of TIC Holding Schweiz together with Winterberg."
TIC Holding Schweiz is poised to become one of the leading corporations in Switzerland, emphasizing customer-centricity, quality, excellence, and diversity. The holding company actively seeks SME acquisition opportunities within the accredited inspection sector, particularly focusing on succession plans. By cultivating an entrepreneurial culture and harnessing cutting-edge technologies, TIC Holding Schweiz aims for exceptional growth and returns.
About the Companies Involved
Winterberg Advisory GmbH, based in Grünwald near Munich, manages private equity investment funds focusing mainly on succession arrangements for SMEs. They aim to refine business frameworks that incorporate strategic, technological, and growth-oriented principles, as demonstrated with TIC Holding Schweiz and their other venture, Healthcare Holding Schweiz.
Yana Investment Partners targets outstanding privately held companies throughout Europe, backed by institutional investors and family offices. They maintain a keen focus on innovative and well-managed firms to minimize risk while pursuing attractive off-market opportunities. This approach supports their commitment to maintaining a strong portfolio bank while keeping a close relationship with entrepreneurial endeavors.
In summary, Winterberg Investment X's recent funding success not only signifies a thriving investment climate in Switzerland’s TIC industry but also reflects investors' robust confidence in the strategic vision and operational competency presented by Winterberg, TIC Holding Schweiz, and Yana Investment Partners. The landscape ahead seems promising as they continue their trajectory towards growth and expansion within the sector.