Silverfleet Capital is a regionally focused European mid-market private equity firm.
Silverfleet is an independent firm, owned by its partners, and invests on behalf of a diversified group of international institutional investors. Silverfleet Capital specialises in mid-market private equity investment,[1] in international companies operating in a number of different countries, where there is an opportunity to accelerate growth from buy and build and roll-out strategies.[2] It invests across four sectors: healthcare, services, consumer and manufacturing.[3][4]
In August 2006, Silverfleet Capital Partners LLP was established.[5]
In 2014, Silverfleet backed SPAC Mirror Bidco in its acquisition of AGR Holdings AS from AGR Group ASA.[6]
In June 2015, Silverfleet acquired the Danish clothing company Masai.[7][8] In November 2015, Silverfleet sold the British footwear retail chain Office to South African fashion retailer Truworths for £256m, achieving a 3.4 x return on its 2010 purchase from Scottish entrepreneur Tom Hunter.[9][10]
In 2016, Silverfleet Capital sold meat product casings manufacturer Kalle Group to investors managed by Clayton, Dubilier & Rice (CD&R). Silverfleet had acquired a majority stake in Kalle Group in 2009.[11][12]
In November 2017, Silverfleet Capital sold Berlin based Competence Call Center Group (CCC) back to Ardian, formerly AXA Private Equity.[13][14] Silverfleet had acquired a majority share from Ardian four years earlier in 2013.[15] In December 2017, Silverfleet acquired a majority stake in Riviera Travel, a river cruise and tour operator focused on the "over-55s".[16][17]
In July 2021, Silverfleet abandoned its fundraising for its third fund refocusing on follow-on investments and realizations of its portfolio.[18][19]
A majority stakeholder in German Pumpenfabrik Wangen for five years,[20] Silverfleet sold its stake to Atlas Copco for an undisclosed amount in 2022.[21][22] In July 2022, Silverfleet sold Prefere Resins, a company specializing in phenolic and melamine resins acquired in 2018 from Prefere Resin management, capiton AG and Intermediate Capital Group,[23] to US private equity firm One Rock Capital Partners.[24][25]
