Investment Summary

Altor Equity Partners Exits Oceansapart

On July 1, 2024, invested in apparel/textiles company Oceansapart from Altor Equity Partners

Investment Highlights
  • This is transaction in the Apparel/Textiles sector.
  • This is transaction in Germany.
Investment Fate
  • Oceansapart was sold to a strategic buyer in 2024.

Investment Summary

Date 2024-07-01
Target Oceansapart
Sector Apparel/Textiles
Sellers(s) Altor Equity Partners
Deal Type Bankruptcy

Target

Oceansapart

Mannheim, Germany
Oceansapart is a direct-to-consumer brand, uniquely differentiated with a focus on non-competitive sports. Oceansapart markets its activewear with a strong focus on social and digital marketing in Western and Central Europe. Oceansapart was founded in 2018 and is based in Mannheim, Germany.

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Seller(S) 1

SELLER

Altor Equity Partners

Stockholm, Sweden

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 2003
PE ASSETS 8.3B EUR
Size Mega
Type Sector Agnostic
DESCRIPTION

Altor Equity Partners is a private equity firm that looks to principally invest in medium-sized Nordic based companies across a broad range of industries. Altor typically seeks control positions when investing. Prospective companies generally have revenues of €50 to €500 million. Broad areas of interest include healthcare services, electronics, technology, financial services, business services, niche manufacturing, capital equipment, software, marine, consumer products, and communications. Altor Equity Partners was formed in 2003 and is based in Stockholm, Sweden.


DEAL STATS #
Overall 48 of 55
Sector: Apparel/Textiles M&A 2 of 2
Type: Bankruptcy M&A Deals 2 of 2
Country: Germany M&A 2 of 2
Year: 2024 M&A 1 of 5
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2024-07-01 F24

Munich, Germany

F24 is a Software-as-a-Service (SaaS) provider for Business Resilience by supporting companies and organizations through all areas of resilience. Solutions cover business messaging and service notification, emergency and mass notification, incident and crisis management, as well as governance, risk and compliance. It supports customers in virtually every sector ranging from energy, healthcare, industry, finance, IT, tourism, and aviation to a wide variety of public organisations. F24 was founded in 2000 and is based in Munich, Germany.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2024-07-10 Silo AI

Helsinki, Finland

Silo AI connects AI scientists with real-world problems and helps companies succeed in building cutting-edge AI. The company provides state-of-the-art AI expertise and tooling, having delivered over 200+ production-level AI projects to date. Silo AI was founded in 2017 and is based in Helsinki, Finland.

Sell $665M