Garz & Fricke GmbH has been acquired by AFINUM Management GmbH
The private shareholders of Garz & Fricke GmbH have sold the company to AFINUM Management GmbH. Financial details have not been disclosed.
Founded in 1993 and based in Hamburg, Garz & Fricke is a successful provider of embedded systems and vending and telemetry solutions. The company’s core competencies are the development, design and manufacture of electronic assemblies and advanced RISC machine (ARM)-based embedded solutions with compatible operating systems.
AFINUM is an independent investment company owned by its management. The firm has offices in Munich, Zurich, Vienna and Hong Kong and specializes in investments in successful medium-sized companies in the DACH region.
Oaklins’ team in Germany advised the shareholders of Garz & Fricke on the sale of shares. Within the scope of an internationally structured process, the buyer was selected from more than 50 prospective parties, and the transaction was successfully closed.
Talk to the deal team
Related deals
Bolster Investment Partners has acquired a majority stake in Eternal Sun
Bolster Investment Partners, a Netherlands-based investment firm, has acquired a majority stake in Eternal Sun, a global technology leader in advanced solar panel testing equipment, from ABN AMRO Sustainable Impact Fund, a private impact fund based in the Netherlands, and Vermec, a Belgium-based investment firm.
Learn moreiwell raises US$31 million to deploy its leading European smart battery storage solutions into new markets
iwell, a developer of smart energy management (EMS) and battery storage systems (BESS), has successfully closed a US$31 million (€27 million) funding round. The round was led by Meridiam, with Invest-NL and Rabobank participating, alongside existing investors.
Learn moreBezeq Online has been acquired by One Software Technologies
Bezeq Online has been acquired by ONE Software Technologies Ltd., enabling ONE Technologies to offer innovative solutions through full integration of advanced technology, real-time data analysis and proven service capabilities nationwide. ONE Technologies’ goal is to develop the next generation of service solutions, including AI-based tools, automation, multi-channel digital services and advanced CRM systems, all designed to deliver a continuous, accurate and effective customer experience.
Learn more