News

July 13, 2017

Funds managed by Alpina Partners ("ALPINA") invested in New Solutions GmbH ("NEW SOLUTIONS"). The company headquartered in Burghausen, Bavaria is a leading provider of software solutions for the digitalization of…

July 13, 2017

Funds managed by Alpina Partners ("ALPINA") invested in New Solutions GmbH ("NEW SOLUTIONS"). The company headquartered in Burghausen, Bavaria is a leading provider of software solutions for the digitalization of business processes on the shop floor. The founder Christian Ehrenschwendtner will stay on board as a managing director and shareholder.

Since its foundation in 1999, NEW SOLUTIONS has developed into one of the leading providers of software solutions for the digitalization of production-related processes involving employees, production equipment as well as external partners. With the digital shift book "FINITO", the company offers a modular, web-based solution. In addition, NEW SOLUTIONS provides "CHECKWARE", a solution for electronic checklists. The product portfolio also comprises "SYNOSET", a software for the management of technical assets for medium-sized companies as well as large corporations. Further, NEW SOLUTIONS provides maintenance and individual consulting services. Longstanding customers include leading companies from various industries (e.g. Evonik, OMV, Wacker Chemie), but also small- and medium-sized enterprises.

In the context of "Industrie 4.0", ALPINA's investment is another step to build a larger group in the shopfloor IT space differentiated by sustainable growth and innovation. The product and service portfolio will be expanded continuously. In addition to organic growth, the group intends to realize selected add-on acquisitions ("buy and build"). In December 2016, ALPINA invested in GEFASOFT, a leading provider of MES solutions (“Manufacturing Execution Systems”) followed by the carve-out of the quality management software division from ASI DATAMYTE, a leading provider of CAQ solutions ("Computer Aided Quality Assurance") in June 2017.

"We are pleased to be able to strengthen our position in the software market with an experienced partner such as ALPINA. By expanding the software portfolio, we have the opportunity to offer our customers even more comprehensive solutions and services.”, explains Christian Ehrenschwendtner of NEW SOLUTIONS.

"The innovative software solutions provided by NEW SOLUTIONS ideally complement the product offering of Alpina’s current portfolio companies in the area of shopfloor IT. We are very happy that Christian Ehrenschwendtner, a true entrepreneur, shares our vision. The add-on acquisition constitutes another important milestone for the expansion of the group in the context of a dedicated buy-and-build strategy", says Dr Florian Strehle, a Partner at ALPINA.

ALPINA is an owner-managed, independent investment firm with approximately EUR 300 million in assets under management. The firm focuses on small and mid-sized businesses in Europe with strong technical USPs. ALPINA supports entrepreneurs and management teams to implement its growth strategies. ALPINA is supported by the European Union through the "Competitiveness and Innovation Framework Program" (CIP). EU CIP Logo

The transaction was led on behalf of ALPINA by Dr. Florian Strehle and Christian Thielemann.

ALPINA was advised by AFR Aigner Fischer and AC Christes & Partner.

July 10, 2017

In the course of the carve-out of the American parent company, technology investment firm Alpina Partners ("ALPINA") acquired the quality management software division from ASI DATAMYTE. The existing management team…

July 10, 2017

In the course of the carve-out of the American parent company, technology investment firm Alpina Partners ("ALPINA") acquired the quality management software division from ASI DATAMYTE. The existing management team around the managing director Sven Tetzlaff will remain with the company. The international software company will operate under the name QDA SOLUTIONS in the future.

Since its foundation in 1987, ASI DATAMYTE has developed into one of the leading providers of software solutions in the area of CAQ ("Computer Aided Quality Assurance"). With the current quality data analysis QDA software suite, the company offers a fully integrated quality management solution, which enables every user to record and to analyse critical quality data in an action-oriented manner for the sustainable optimization of production processes. According to the company slogan “making data actionable", all users from production to the top management receive the necessary transparency to make the right decisions for the sustainable company success. Thanks to the modular software architecture, the software solution can be flexibly adapted to the individual requirements of every company. The product portfolio also contains maintenance and individual consulting services. Longstanding customers include leading companies from various industries such as automotive, customer goods, and energy, but also small- and medium-sized enterprises.

In the context of "Industrie 4.0", ALPINA's investment is the next step to build a larger group in the Manufacturing Execution Systems ("MES") sector differentiated by sustainable growth and innovation. The product and service portfolio is intended to be expanded continuously. In addition to the envisaged organic growth, the group intends to grow by means of add-on acquisitions ("buy and build"). The foundation was laid in January 2017 through the acquisition of GEFASOFT GmbH, a leading provider of MES solutions.

"We are very excited to have such a strong partner as ALPINA on our side. With their additional strengths, we will be able to expand our many years of expertise to our customers, meeting the needs of the 21st century with a broader product portfolio” said Sven Tetzlaff, Managing Director of the new QDA SOLUTIONS.

Dr Florian Strehle, Partner at ALPINA, comments on the latest addition to the investment firm's portfolio: "Today, the CAQ area is an elementary part of any industrial production process. QDA SOLUTIONS is a pioneer in this field and the leading player with an international customer base. The acquisition will extend the portfolio of ALPINA in the area of MES by an essential building block."

ALPINA is an owner-managed, independent investment firm with approximately EUR 300 million in assets under management. The firm focuses on small and mid-sized businesses in Europe with strong technical USPs. ALPINA supports entrepreneurs and management teams to implement its growth strategies. ALPINA is supported by the European Union through the "Competitiveness and Innovation Framework Program" (CIP). EU CIP Logo

The transaction was led on behalf of ALPINA by Dr. Florian Strehle and Christian Thielemann.

ALPINA was advised by AFR Aigner Fischer, AC Christes & Partner and Gray Plant Mooty.

Raymond James acted as corporate finance advisor to ASI DATAMYTE with Winthrop & Weinstine providing legal advice.

June 30, 2017

A SIGNIFICANT shareholding in one of the world’s leading Virtual Reality (VR) companies, Virtalis, has been acquired by funds managed by Alpina Partners (ALPINA). ALPINA is an owner-managed, independent investment…

June 30, 2017

A SIGNIFICANT shareholding in one of the world’s leading Virtual Reality (VR) companies, Virtalis, has been acquired by funds managed by Alpina Partners (ALPINA). ALPINA is an owner-managed, independent investment firm with approximately €300 million in assets under management.

Dr Florian Strehle, a partner at ALPINA, commented on the latest addition to the investment firm’s portfolio: “We are excited to be supporting the next phase of Virtalis’ worldwide growth strategy. Virtalis has launched innovative software like Visionary Render, VR4CAD and GeoVisionary in recent years, to work with its well-known ActiveWorks VR display systems, and this is where we see the growth potential. We will work with the Virtalis management team to further develop the Company as a leading player in the global enterprise VR software market by leveraging our network and expertise.”

Founders, David Cockburn-Price and Andrew Connell, will remain as directors and are each retaining a stake in the business to participate in the future success of Virtalis. Steve Carpenter and Glyn Read will also remain as directors and the board will be joined by Christian von Stengel, a senior software sales executive. Virtalis is headquartered in the UK, with offices in US, Germany, Finland and Malaysia, as well as partners and resellers worldwide.

MD David Cockburn-Price explained: “ALPINA is an experienced growth investor which will help us to ensure the sustainable development of Virtalis, especially with reference to our direct and indirect sales channels. We will become part of a larger group of innovative software businesses within ALPINA’s investment portfolio, exploiting synergies on many different levels.”

Technical director, Andrew Connell, said: “My entire career has been spent nurturing Virtalis and its predecessor entities as the fledgling field of VR has moved from research demonstrator programmes within Universities to the compelling real-world, commercial toolkit it is today. Back in the 90s, many commentators said VR was dead – it has been gratifying to prove them wrong as Virtalis has brought VR solutions to industries as diverse as Engineering, Security, Academia, Asset Management and GeoScience. With the help of ALPINA, we aim to rapidly develop our technology to reach a larger global user base.”

Bank funding was arranged by Phil Mason of Santander’s Growth Capital team in Manchester. Relationship Director, Ian Henry, said: “Santander is delighted to be able to support ALPINA and Virtalis. This marks the start of a particularly exciting stage of the company’s development and one where we’re very much looking forward to being involved.”

LGB Corporate Finance advised Virtalis during the structuring of the deal with ALPINA with BBS Law providing contractual legal advice. ALPINA was assisted by MJ Hudson, AC CHRISTES & PARTNER and Smith & Williamson. Gunnercooke advised Santander.

ALPINA’s portfolio is centred on small and mid-sized businesses in Europe with strong technical USPs and is supported by the European Union through the Competitiveness and Innovation Framework Program (CIP). EU CIP Logo

January 12, 2017

In the course of a succession plan, technology investment firm Alpina Partners (“ALPINA”) acquired a significant stake in GEFASOFT GmbH (“GEFASOFT”), a leading provider of MES-solutions (Manufacturing Execution Systems) and…

January 12, 2017

In the course of a succession plan, technology investment firm Alpina Partners (“ALPINA”) acquired a significant stake in GEFASOFT GmbH (“GEFASOFT”), a leading provider of MES-solutions (Manufacturing Execution Systems) and process visualization software. The three founders Franz Fuchs, Heinz Rabe and Ortwin Tischler will stay on board as managing directors.

GEFASOFT was founded in 1984 and developed into a leading provider of shop floor IT solutions. With its object-oriented process visualization “GraphPic” and its scalable cloud-based software “Legato Sapient” the company offers innovative MES-solutions for different industries. Customers include leading automotive OEMs as well as businesses in the pharmaceutical, food and renewable energy sector.

In the context of “Industry 4.0”, ALPINA’s investment constitutes the basis to build a larger group in the MES sector differentiated by sustainable growth and innovation. The product and service portfolio is intended to be expanded continuously. In addition to the envisaged organic growth, the group intends to grow by means of add-on acquisitions (“buy and build”).

“We consider the ALPINA team as a very professional partner providing technology expertise as well as a strong network for realizing our future strategic plans”, comments Franz Fuchs, Founder and Managing Director of GEFASOFT.

Dr Florian Strehle, Partner at ALPINA, comments on the latest addition to the investment firm’s portfolio: “We are excited to support GEFASOFT on its growth path. The demand for scalable and innovative MES solutions is expected to grow in light of a continuous trend towards automation and interconnectivity. We were impressed by the management team’s market knowledge and technological expertise.”

ALPINA is an owner-managed, independent investment firm with approximately € 300 million in assets under management. The firm focuses on small and mid-sized businesses in Europe with strong technical USPs. ALPINA supports entrepreneurs and management teams to implement its growth strategies. ALPINA is supported by the European Union through the Competitiveness and Innovation Framework Program (CIP). EU CIP Logo

The transaction was led on behalf of ALPINA by Dr. Florian Strehle and Christian Thielemann.

December 5, 2016

Sins/ Munich, 5. December 2016 INEOS Compounds announced today that it has entered into a licence agreement with Resysta International GmbH. Under the terms of the Agreement, INEOS will acquire…

December 5, 2016

Sins/ Munich, 5. December 2016

INEOS Compounds announced today that it has entered into a licence agreement with Resysta International GmbH. Under the terms of the Agreement, INEOS will acquire the rights to the exclusive production and marketing of Active Resysta Filler (ARF) in Europe. ARF is the key raw material for the production of Resysta PVC Compound which is used in a wide range of wood replacement applications. The Resysta ARF will be initially manufactured at the INEOS Compounds site in Sins, Switzerland and is well placed to respond to the growing demand from customers in Europe.
Jonathan Stewart, COO of INEOS Compounds, said “the selection of INEOS Compounds by Resysta to be their partner of choice for the production and marketing of ARF in Europe is another milestone in the ongoing strategic partnership between the two companies. We are looking forward to working with Resysta to develop this fast growing sector by having a real alternative to tropical wood. This agreement is further evidence of INEOS compounds' commitment to new innovation in PVC compounding and in particular to the fast growing wood polymer composite market."

“Some miracles happen and some are invented”

Resysta succeeded where many failed by developing a weather- and water-resistant material which truly has the noble look and feel of wood. A standardized material which does not splinter or rot over time, obtained from a renewable resource, and which is fully recyclable. Even against salt water, sun and wind, Resysta carries on when other materials give up. This is the key innovation to what was needed to address the shrinking rainforests and the inferior quality of previous wood composite products. It has opened a new market to all PVC resin producers.
Bernd Duna, CEO of Resysta International, said “we are currently licensing our technology across the world, and have found in INEOS the perfect partner for Europe. By manufacturing the Resysta Compound locally, the products become even more environmentally friendly and more easily available. As a leading chemicals manufacturer in Europe, INEOS is ideally poised to manufacture to our high worldwide standard, and we look forward to continuing Resysta’s success story in Europe together.”

Part of the INEOS group of companies. INEOS Compounds is a PVC compound manufacturer with three sites located in the UK, Switzerland and Sweden. The business supplies specialised formulations of both rigid and flexible PVC compounds predominantly into the construction and medical sectors across Europe. (www.ineos.com)
Resysta International GMBH is located in Taufkirchen near Munich, Germany.

Founded in 2011, Resysta is a privately-owned technology company which is cooperating with leading industry partners worldwide to leverage the large potential of the unique Resysta material in its innumerable wood substitution applications. (www.resysta.com)

ALPINA is supported by the European Union through the Competitiveness and Innovation Framework Program (CIP). EU CIP Logo

October 24, 2016

Cadolzburg: CF Holding GmbH („CFH“), a portfolio company of Alpina Partners has acquired the operations of CrossLink Faserverbundtechnik GmbH & Co. KG („CrossLink“) as part of an asset deal. CrossLink…

October 1, 2016

A new technology has been given the starting signal beginning from the 1st of October in the state of Saxony. The mid-size companies, PD Glasseiden, European Carbon Fiber GmbH and…

October 1, 2016

A new technology has been given the starting signal beginning from the 1st of October in the state of Saxony. The mid-size companies, PD Glasseiden, European Carbon Fiber GmbH and the ForschungsCampus Open Hybrid LabFactory e.V. start the joint venture CarboSax GmbH, which pursues the objective of developing, manufacturing and distribution of carbon fibers in Germany.

Carbon fibers are the key raw material for modern lightweight construction technologies and are therefore referred to as "steel of the 21st century". They are used in new commercial aircraft designs, which consume significantly less fuel compared to the previous models, but also in spacecrafts, wind turbines, sporting goods and more recently in large production volume series vehicles.

In the first step at a location in Chemnitz, Saxony, a pilot line for the sustainable production of carbon fibers will be built from the CarboSax GmbH, thus creating the basis for both specialised niche production and future full-scale plants in Germany. With the decision for this location, the strong capabilities in the textile region of Saxony are complemented and simultaneously a strong partner network created with relevant activities in Lower Saxony, Bavaria and other federal states. The aim is to establish the entire value chain for Carbon Composites with powerful pilot plants in Germany.

The traditional industry of textile machines and textile processing and pioneering expertise in lightweight construction with fiber-reinforced composites have resulted in technical textiles to be at the center of a future growth market in Saxony. Fiber-reinforced composites with carbon fibers have very beneficial weight-related mechanical properties. Based on fiber reinforced plastics, components can be manufactured, which allow up to 50% weight reduction over comparable steel parts and 30% compared to steel components.

With the competence to manufacture carbon fibers the established local industrial core competence is complemented by a central expertise in materials production. The objective of this carbon fiber pilot line production at CarboSax GmbH is a significant reduction in production costs by 30% over currently available commercial carbon fibers. This cost reduction is required to further enable the use of carbon fiber in mass production in the automotive industry, mechanical engineering and wind power. An equivalent objective of CarboSax GmbH is to optimize the CO2 footprint with a CO2 emission reduction in the carbon fiber line of at least 50%.

In order to achieve that, excess wind power in the pilot line will be stored locally and the energy-intensive operation of the carbon fiber line will be optimized through system optimization and improved operating strategies. The objective of this pilot line production is to set the world wide benchmark in local carbon fiber production using renewable energy sources. In addition, following the local production, long transport distances of the carbon fibers produced become unnecessary and thereby additional CO2 emissions are avoided.
An essential part of the technology development is the use of, with respect to their environmental performance, significantly improved precursor materials. In order to achieve that an increasing substitution of the petroleum-based raw material ACN (acrylonitrile) used to date, will be substituted by increasing amounts of renewable resources such as Lignin. In addition the reprotoxic solvents, currently used will be worldwide for the first time replaced by non-toxic solvents and thus a substantial improvement of the environmental performance can be achieved.

Cutting-edge technologies to improve overall system performance and automated process control and monitoring will be used in the pilot line of CarboSax GmbH. In particular, the increased processing speed based on improved process control during the various stages of the process offers great potential to reduce costs. Another focus will be the implementation of the latest findings in materials research. Quantum mechanical approaches enable improved process control from substantive thermodynamic knowledge of the reaction kinetics.

With the localisation of CarboSax GmbH in Chemnitz another innovative company in Saxony will be built, that complements the established processing industry. An important for the establishment in Chemnitz is the existing excellent university landscape with highly trained top scientists in a vibrant innovation environment with a variety of existing networks and the availability of an existing modern infrastructure.

P-D Glasseiden GmbH

P-D Glasfiber is a fiberglass producer based in Germany which manufactures a wide range of fiber glass products, ranging from yarns and fiber bundles to woven fiber bundles, fiber mats, multiaxial fiber fabrics to coated fibers. The group has 9 production sites in Europe, Asia and North America. P-D fiber glass has its business activities focused on customized solutions for various industries, ranging from the building manufacturing and public infrastructure to the automotive and aerospace industries.

Dolan Gruppe

DOLAN is a medium-sized company established in Kelheim, Bavaria, a producer of acrylic fiber specialties and commercial carbon fiber precursor fibers. Dolan will design and manufacture new precursor fibers in close cooperation with Carbosax, and take over the marketing of the carbon fibers. Dolan produced since 2009 in large plants economic precursor fibers that have already been successfully introduced in the market. The main product of DOLAN are spun-dyed fibers for high quality outdoor applications.

Open Hybrid LabFactory e.V.

The public-private partnership Open Hybrid LabFactory e.V. was established in 2012 under the auspices of the Lower Saxony Research Centre for Vehicle Technology at the TU Braunschweig and Volkswagen AG.

The Lightweight Campus Open Hybrid LabFactory aims to establish manufacturing technologies suitable for mass production for economically and environmentally sustainable production of hybrid lightweight components made of metals, plastics and textile structures. The entire value chain for hybrid components has been established; from conceptual design to carbon fiber production and hybrid production processes through to recycling.

ALPINA is supported by the European Union through the Competitiveness and Innovation Framework Program (CIP). EU CIP Logo

August 25, 2016

Funds managed by Alpina Partners (“Alpina”) have acquired cimdata software GmbH (“Cimdata”) from Infoniqa Holding GmbH (“Infoniqa Holding”) and iLab24 Mittelstandsfinanzierungs AG (“iLab24”). Cimdata will become part of a larger…

August 25, 2016

Funds managed by Alpina Partners (“Alpina”) have acquired cimdata software GmbH (“Cimdata”) from Infoniqa Holding GmbH (“Infoniqa Holding”) and iLab24 Mittelstandsfinanzierungs AG (“iLab24”).

Cimdata will become part of a larger group of enterprise software businesses focusing on ERP (enterprise resource planning). In the course of this buy-and-build strategy in the software space, Alpina has previously acquired a majority stake in oxaion GmbH, an ERP software company based in Ettlingen, Germany. Terms of the transaction will not be disclosed.

“We are happy to welcome Cimdata as new member of our software buy-and-build platform. The company is a well-respected supplier of specialized ERP software solutions with a clear focus on the manufacturing industry”, says Dr. Florian Strehle, Partner at Alpina Partners.

Infoniqa Holding and iLab24 had decided to exit the ERP segment for strategic reasons. “Cimdata is a typical SME with lots of tradition and potential. We were looking for a buyer whose strategy is in line with the successful development of Cimdata going forward. Alpina’s approach was convincing for us”, comments MMag. Karl-Heinz Götze, Managing Director of Infoniqa Holding.

“Alpina will support Cimdata on our growth path. We are looking forward to work together and to leverage synergies within the group”, says Holger Looks, CEO of Cimdata.

Alpina Partners (www.alpinapartners.com) is a London and Munich-based independent investment firm with over € 300 million in assets under management. Alpina focusses on European growth companies with a strong technical USP. Alpina Partners is supported by the European Union through the Competitiveness and Innovation Framework Programme (CIP) EU CIP Logo.

August 17, 2016

Integrated Micro-Electronics Inc. (PH: IMI) and the shareholders of VIA optronics GmbH (VIA) announced the signing of a definitive agreement under which IMI will acquire a 76 percent stake in…

August 17, 2016

Integrated Micro-Electronics Inc. (PH: IMI) and the shareholders of VIA optronics GmbH (VIA) announced the signing of a definitive agreement under which IMI will acquire a 76 percent stake in VIA, a leading optical bonding and display solutions provider, for EUR 47.4 million. Company founder Jürgen Eichner will retain a 24 percent ownership and continue to lead VIA as Managing Director, reporting to Arthur R. Tan, IMI’s chief executive officer.

Alpina Partners is selling all of its 55% shareholding as part of the transaction. Alpina Partners has been a shareholder in the company since June 2010.

“This transaction represents a unique opportunity to accelerate IMI’s growth and broaden VIA’s opportunities by leveraging off of IMI’s global footprint and resources,” Mr. Tan said.

“We announce today an exciting next chapter for VIA, as we have found the perfect strategic partner that is aligned with our values and growth ambitions,” Mr. Eichner said.

“Alpina Partners is pleased that VIA found a great strategic partner for the future. It has been a successful investment for us” said Joerg Sperling, Managing Partner of Alpina.

About IMI
Integrated Micro-Electronics Inc. (IMI) is one of the leading global providers of electronics manufacturing services (EMS) and power semiconductor assembly and test services with manufacturing facilities in Asia, Europe, and North America.

About Alpina Partners
Alpina Partners is a London and Munich based investment firm with over € 300 million in assets under management. Alpina focusses on European growth companies with a strong technical USP.
Alpina Partners is supported by the European Union through the Competitiveness and
Innovation Framework Programme (CIP) EU CIP Logo and by British Business Bank.

Contact
Joerg Sperling, Alpina Partners

February 2, 2016

WHEB Partners has successfully raised €140 million for its latest fund and has already invested in five companies from it. “We are proud to announce that in addition to our…

February 2, 2016

WHEB Partners has successfully raised €140 million for its latest fund and has already invested in five
companies from it.

“We are proud to announce that in addition to our existing anchor investors, the
European Investment Fund, British Business Bank, Hermes GPE and investors managed by
RobecoSAM, we were able to welcome prestigious new investors including Access Capital, Akina, BMO
Global Asset Management, M&G Private Funds Investment and SWEN” said Joerg Sperling, a Partner
based in the Munich office.
Furthermore, the former private equity division of the WHEB Group has bought out the latter’s
ownership and is now an independent, owner-managed investment management firm. Following this
buyout, WHEB Partners has renamed itself Alpina Partners (“Alpina”). Alpina will continue to manage
all WHEB Partners’ private equity funds.
Alpina will continue with its successful strategy of investing in growth capital and lower mid-market
buyout deals in its target sectors of software, electronics, materials, industrial processes and
mechanical engineering. The manager will continue to focus on companies with strong environmental,
social and governance (“ESG”) credentials. ”Companies providing a solution to the environmental
challenges the world faces today will continue to outperform and generate superior investment
returns”, said James McNaught-Davis, a Partner based in the London office.

Meanwhile, the WHEB Group will continue to trade under the “WHEB” brand and its remaining
businesses are not affected by the management buyout of the private equity business.

Alpina Partners’ new fund is supported by the European Union through the Competitiveness and
Innovation Framework Programme (CIP) and by British Business Bank.EU CIP Logo

Contact: Joerg Sperling, joerg@alpinapartners.com, +49 173 5950938

April 15, 2015

WHEB Partners became Alpina Partners in January 2016. WHEB Partners and Dr. Jan Verdenhalven acquire 100% of the shares of Dolan GmbH (“Dolan”), Kelheim from Lenzing AG and 100% of the…

April 15, 2015

WHEB Partners became Alpina Partners in January 2016.

WHEB Partners and Dr. Jan Verdenhalven acquire 100% of the shares of Dolan GmbH (“Dolan”), Kelheim from Lenzing AG and 100% of the shares of European Carbon Fiber GmbH (“ECF”), Kelheim from Lenzing AG and Kelheim Fibers GmbH. Dolan and ECF share production facilities in Kelheim and an experienced management team.

“The sale comprises part of Lenzing’s strategy to focus on its core business of man-made cellulose fibers. With WHEB Partners and Dr. Jan Verdenhalven, Lenzing succeeded in finding financially strong, industry-oriented new owners in which both companies will be able to develop more effectively in the future than up until now”, comments Lenzing’s Chief Financial Officer Dr. Thomas Riegler. “Moreover, it is important for ECF that WHEB Partners and Dr. Jan Verdenhalven already have longstanding industrial experience in the carbon fiber business. The company now has interesting growth perspectives once again through a potential cooperation with other companies in WHEB Partner’s strategic investment portfolio.”

“We are delighted to welcome Dolan and ECF as new portfolio companies in our growth fund. Dolan is a world leader in high-end textile acrylic fibers. We look forward to supporting the management team and their successful strategy through our sector expertise and international network,” says Dr. Florian Strehle, Partner at WHEB Partners.

Dr. Jan Verdenhalven comments: “ECF has successfully developed and marketed an excellent carbon fiber precursor for standard industrial applications. We will support management in leveraging the potential of that product and further upgrade it for high-end applications, ensuring a sustainable growth for ECF”

Dolan produces high quality specialty fibers used for textiles, convertible car tops, sunshades, garden furniture and protective clothing. It has approx. 100 employees. Dolan’s 2014 revenue was €57.5 million. ECF produces precursor for the carbon fiber industry. Its 2014 revenue was €10.4 million.

WHEB Partners (www.alpinapartners.com) is a European private equity firm. Its funds invest in technology companies with high growth potential and strong ESG credentials. WHEB Partners’ new Fund is supported by the European Union through the Competitiveness and Innovation Framework Programme (CIP).EU CIP Logo

Dr. Jan Verdenhalven is a private investor with several years of investing and management experience in the chemical and carbon fiber industry.

February 17, 2014

WHEB Partners became Alpina Partners in January 2016. WHEB Partners' new private equity fund, has completed its first investment by taking a significant stake in UBC GmbH, located near Stuttgart,…

February 17, 2014

WHEB Partners became Alpina Partners in January 2016.

WHEB Partners' new private equity fund, has completed its first investment by taking a significant stake in UBC GmbH, located near Stuttgart, Germany. UBC is a profitable developer and manufacturer of high-end lightweight components made of carbon fibre composite materials.The company provides its services to blue chip customers in the automotive, aerospace and medical industries across the entire value chain of light-weighting with carbon fibre solutions. WHEB Partners' will support UBC in further accelerating its growth and helping it to address new markets and new geographies.

ALPINA is supported by the European Union through the Competitiveness and Innovation Framework Program (CIP).EU CIP Logo