Divestiture • Distribution

Accursia Capital Acquires Stronghold Group

On April 6, 2020, private equity firm Accursia Capital acquired distribution company Stronghold Group from Optimas

Acquisition Context
  • This is Accursia Capital’s 1st transaction in the Distribution sector.
  • This is Accursia Capital’s 3rd transaction in Germany.

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M&A Deal Summary

Date April 6, 2020
Target Stronghold Group
Sector Distribution
Buyer(s) Accursia Capital
Sellers(s) Optimas
Deal Type Divestiture

Target Company

Stronghold Group

Schwalbach, Germany
Stronghold Group engages in the distribution of Fasteners, C-part supply solutions. Stronghold is a strategic supply chain partner and an expert in reducing the complexity of supply chains. The group benefits through high industry expertise and complete value-added solution capabilities. Stronghold Group is based in Schwalbach, Germany.
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Buyer Overview 1

DESCRIPTION

Accursia Capital is a private holding company focused on acquiring medium-sized industrial companies with revenues of €20 to €200 million. The Firm will consider opportunities throughout Western Europe, with a preference for underperforming businesses as well as non-core divestitures. Specific areas of interest include manufacturing, industrial goods, packaging, and business services. Accursia Capital was formed in 2017 and is based in Munich, Germany.


Deal Context for Buyer #
Overall 3 of 16
Sector: Distribution 1 of 1
Type: Divestiture 2 of 7
Country: Germany 3 of 11
Year: 2020 2 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-03-01 LIKUM

St. Georgen, Germany

LIKUM is a manufacturer of innovative and diversified technical high-precision parts and illuminated pointers. The company is an important pillar for the newly established injection molding sector, which shall be further developed organic but also through further add-on acquisitions. LIKUM is based in St. Georgen, Germany.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2020-05-18 KLANN Packaging

Landshut, Germany

KLANN Packaging is a manufacturer of printed and embossed packaging for many exclusive branded goods manufacturers and retailers from different industries. KLANN Packaging is based in Landshut, Germany.

Buy -

Seller Profile 1

SELLER

Optimas

Glenview, Illinois, United States

Category Company
Sector Manufacturing
Employees1,282
Revenue 635M USD (2021)
DESCRIPTION

Optimas is a provider of integrated supply chain solutions and engineering support which supplies highly engineered fasteners and C-Class components (high volume, low cost parts including small stampings, hydraulic fittings and hoses, machine parts and consumables) to customers in the North American commercial vehicle market, the global luxury automotive vehicle market, the global power generation equipment market, the global agricultural equipment market and the general industrial markets. Optimas is based in Glenview, Illinois.


Deal Context for Seller #
Overall 1 of 1
Sector: Distribution 1 of 1
Type: Divestiture 1 of 1
Country: Germany 1 of 1
Year: 2020 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-06-15 Circle Bolt & Nut Co.

Suwanee, Georgia, United States

Circle Bolt & Nut Co., Inc. is a distributor of fasteners, and specialty hardware. Circle Bolt & Nut was founded in 1979 and is based in Suwanee, Georgia.

Buy -

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