Investment Summary

VR Equitypartner Invests In Hero Textil

On July 12, 2024, private equity firm VR Equitypartner invested in apparel/textiles company Hero Textil

Investment Highlights
  • This is VR Equitypartner’s 2nd transaction in the Apparel/Textiles sector.
  • This is VR Equitypartner’s 47th transaction in Germany.

Investment Summary

Date 2024-07-12
Target Hero Textil
Sector Apparel/Textiles
Investor(s) VR Equitypartner
Deal Type Stake Purchase

Target

Hero Textil

Crailsheim, Germany
Hero Textil develops and produces elastic textile inserts with extensive manufacturing and technological expertise. The company primarily manufactures polyester knitwear for rental laundry companies and manufacturers of workwear and personal protective equipment. It also produces knitwear for industry, such as liners for pipes and ducts. Hero Textil was founded in 1980 and is based in Crailsheim, Germany.

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Investor(S) 1

Investor

VR Equitypartner

Frankfurt, Germany

Investor Investor


Category Private Equity Firm
Founded 1970
PE ASSETS 570M EUR
Size Middle-Market
Type Sector Agnostic
DESCRIPTION

VR Equitypartner is a generalist private equity firm that provides equity and mezzanine financing to companies in Germany, Austria, and Switzerland. VR does not have any sector preferences and targets medium sized business with at least €20 million in revenues. VR seeks stable businesses with strong growth prospects and experienced management. For both equity and mezzanine needs, the Firm looks to invest €1.5 to €15 million per transaction. VR was formed in 1970 and based in Frankfurt.


DEAL STATS #
Overall 50 of 52
Sector: Apparel/Textiles M&A 2 of 2
Type: Stake Purchase M&A Deals 13 of 14
Country: Germany M&A 47 of 49
Year: 2024 M&A 2 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2024-02-01 IDENTA Ausweissysteme

Villingen-Schwenningen, Germany

IDENTA Ausweissysteme is a provider of chip card and digital solutions in the areas of access control, public transport, automotive, and hotels. Its portfolio includes multifunctional chip cards, MasterCard credit cards, and RFID media such as key fobs (key chains with transponders). IDENTA Ausweissysteme is based in Villingen-Schwenningen, Germany.

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FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2024-07-29 Accso

Darmstadt, Germany

Accso specializes in software engineering and digital transformation in the B2B environment. The company develops customized and individual software solutions as a digital partner, primarily for well-known industrial companies such as Bosch, Deutsche Telekom, Fraport, ARD, and ZDF. The company offers full-service solutions from the initial idea and concept through to actual development and subsequent operation. Accso was founded in 2010 and is based in Darmstadt, Germany.

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