DGAP-Information: EMERAM Funds Partners GmbH / Key term(s): Private Equity
14.12.2021 / 10:52
The issuer is entirely dependable for the content material of this announcement.
EMERAM Funds Partners Closes Continuation Fund for Boards & Much more, a Major Drinking water Motion Sports and Bike Devices Platform
Munich, 14 December, 2021: EMERAM Money Partners, one of the primary expenditure supervisors of medium-sized providers in the German-talking area, shut a solitary-asset continuation automobile for its Fund I portfolio firm Boards & More. The corporation has founded by itself as the primary world wide platform for kitesurfing, windsurfing and stand-up paddling (SUP) gear, with additional product or service traces in cycling attire, bicycle security, and aftermarket bike products. The transaction was led by Coller Capital, a person of the world’s top devoted secondaries buyers.
Given that EMERAM arrived on board in 2013, Boards & Much more has considerably elevated its sales by 4x and just about doubled its workforce to 180. In addition, it has launched DUOTONE, a new kiteboarding brand name that promptly secured a top rated place in the current market. The firm has not only rigorously internationalised all 3 of its makes but has come to be an founded engineering chief, generating improvements these types of as the click bar and wingfoiling. It has also tapped into the bike phase with the ION brand name. About the system of its advancement considering that becoming founded in 2000, Boards & Extra has crafted up the world’s strongest gross sales organisation in the wind/water athletics sector and is represented in worldwide core marketplaces these types of as the US and Brazil. In April 2021, Boards & Much more ongoing its growth and acquired the biking professional SQlab.
Dr Christian Näther, Managing Associate at EMERAM, reported: “We are enthusiastic to associate with the Boards & A lot more administration group and Coller Capital for the next chapter in the firm’s advancement to realise the significant upside potential. The transaction is an fantastic outcome for our current minimal partners as it provides them the option to lock-in returns at a considerable uplift immediately after a effective very first section of the expenditure or to participate in the following component of the Boards & A lot more journey with us. The self confidence exhibited by the secondary current market demonstrates the top quality and advancement potential of Boards & Far more.”
Until Eberle, CEO of Boards & Additional, responses: “EMERAM is a strong companion and has noticeably supported our development about the earlier years. We appear forward to continuing to do the job together to preserve this path of achievements.”
Money facts are not to be disclosed. Raymond James | Cebile Cash was the sole economic advisor to EMERAM Funds Companions on the transaction. P+P Pöllath + Companions acted as the lawful counsel for EMERAM though Akin Gump and Flick Gocke Schaumburg acted as the legal counsel for Coller Capital.
ABOUT BOARDS & Additional – www.boards-and-a lot more.com
Boards & A lot more is the planet market place leader for windsurfing, kitesurfing, wingfoiling and stand-up paddling products as perfectly as a major provider of mountain bike extras. The Boards & Extra Group consists of 3 established sports makes: DUOTONE is the international marketplace chief in kitesurfing and wingfoiling sporting activities, Fanatic is the world-wide marketplace chief in windsurfing and stand-up paddle boards, and ION is a primary brand for drinking water sporting activities and mountain bicycle machines. Boards & A lot more, with around 180 workers, was founded in 2000 and turned a portfolio company of EMERAM Money Associates in 2013.
ABOUT EMERAM Funds Associates – www.emeram.com
EMERAM is a person of the primary expenditure supervisors of medium-sized companies in the German-talking location. Money advised by EMERAM presently give around 400 million euros of funds for the progress of providers. The portfolio incorporates providers from the Technological innovation/Software package, Value-added Companies and New Shopper Staples sectors.
EMERAM acts as a long-phrase business enterprise improvement associate for its providers and supports the sustainable advancement (organic and inorganic) of its portfolio providers. At this time, the portfolio has 6 system investments, which have generated consistently double-digit natural gross sales growth premiums. This is in addition to the considerable in-organic and worldwide enlargement created by the about 20 include on acquisitions that EMERAM has carried out.
ABOUT Coller Capital – www.collercapital.com
Coller Cash, started in 1990, is a person of the world’s primary traders in the secondary sector for non-public property – and greatly acknowledged as an innovator at the complex end of secondaries.
The company supplies liquidity options to personal marketplaces investors all over the world, obtaining pursuits in private equity, private credit, and other personal marketplaces property. With headquarters in London, and offices in New York and Hong Kong, Coller’s multinational investment decision crew has a truly world arrive at.
In January 2021, the firm closed Coller Worldwide Associates VIII, with committed capital (which include co-investment motor vehicles) of just more than $9 billion and backing from over 200 of the world’s foremost institutional buyers.
Media get in touch with EMERAM Cash Partners:
EMERAM Funds Associates | Mühlbaurstraße 1 | 81677 München | Germany | www.emeram.com
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