M&A Deal Summary

Triton Partners Acquires Schock

On February 18, 2021, private equity firm Triton Partners acquired building materials company Schock from IK Partners

Acquisition Highlights
  • This is Triton Partners’ 6th transaction in the Building Materials sector.
  • This is Triton Partners’ 32nd transaction in Germany.

M&A Deal Summary

Date 2021-02-18
Target Schock
Sector Building Materials
Buyer(s) Triton Partners
Sellers(s) IK Partners
Deal Type Secondary Buyout

Target

Schock

Regen, Germany
Schock is a manufacturing technology commonly used in the production of quartz composite sinks. The combination of quartz with top-quality acrylic forms a premium compound product that is three times as hard as natural granite and is also superior in terms of many product characteristics to kitchen sinks made from other materials. The Schock range of products comprises sinks for every conceivable kitchen style and taste. Schock was formed in 1924 and is based in Regen, Germany.

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Buyer(S) 1

Buyer

Triton Partners

Frankfurt, Germany

Investor Investor


Category Private Equity Firm
Founded 1997
PE ASSETS 21.0B EUR
Size Mega
Type Sector Agnostic
DESCRIPTION

Triton Partners is an investment firm focused on investing in medium-size companies headquartered in Western and Northern Europe. This includes businesses in Germany, Switzerland, Austria, Denmark, Finland, Norway, and Sweden. Triton generally pursues market leading companies with the potential for change, as well as growth opportunities through operational improvements. Sectors of interest include business services, consumer products, consumer services, healthcare, and industrials. Triton Partners was formed in 1997 and is based in Frankfurt, Germany.


DEAL STATS #
Overall 87 of 105
Sector: Building Materials M&A 6 of 7
Type: Secondary Buyout M&A Deals 20 of 26
Country: Germany M&A 32 of 35
Year: 2021 M&A 1 of 6
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-12-24 DSI Underground

Munich, Germany

DSI Underground is a supplier of ground support products, systems, and solutions for the underground mining and tunneling industry. The company is present in 70 countries and employs over 2,000 people, including engineers and technical specialists with in-depth experience in the underground industry. With market-leading brands covering everything from bolting systems through to injection chemicals and resin capsules, it reinforces mines, tunnels, and underground structures, helping customers advance underground, and advance towards their objectives safer, faster, and more efficiently than ever. DSI Underground is based in Munich, Germany.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-03-11 Acre Security

Las Vegas, Nevada, United States

Acre Security is a manufacturer of electronic security products that are emphasizing the ongoing transition to more open platform systems. Acre Security was founded in 2012 and is based in Las Vegas, Nevada.

Buy -

Seller(S) 1

SELLER

IK Partners

London, United Kingdom

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 1989
PE ASSETS 14.0B EUR
Size Mega
Type Sector Agnostic
DESCRIPTION

IK Partners is a private equity firm that targets control investments in lower middle-market to large-sized companies throughout Europe. IK focuses on growth businesses located in the Benelux region, as well as Denmark, Finland, France, Germany, Norway and Sweden. The Firm looks to commit €10 to €300 million of equity capital per transaction and targets companies with strong cash-flows. IK Investment Partners was formerly known as Industry Kapital. IK Partners was formed in 1989 and is based in London, England.


DEAL STATS #
Overall 92 of 122
Sector: Building Materials M&A 4 of 4
Type: Secondary Buyout M&A Deals 35 of 51
Country: Germany M&A 10 of 15
Year: 2021 M&A 2 of 7
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-02-18 iM Global Partner

Paris, France

iM Global Partner is a worldwide multi-boutique asset management platform. iM Global Partner selects and builds long-term partnerships with talented and independent asset management companies through direct capital ownership. iM Global Partner is based in Paris, France.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-02-22 Formue

Oslo, Norway

Formue is an independent wealth manager serving private individuals, institutions, and organizationswith NOK 100 billion under management (pr. 31.12.2020). From its 21 offices across Sweden, and the UK, Formue’s 300 employees provide a comprehensive range of services, including wealth planning, portfolio management, business management, family office support, and legal services. The Company distinguishes itself from its peers by possessing a strong ancillary offering which includes the provision of financial life advice through a cohesive, omnichannel customer engagement model. Formue was founded in 2000 and is based in Oslo, Norway.

Buy -