Aheim achieves 2.4x on Aqua Vital exit
Aheim Capital has sold water cooler provider Aqua Vital Quell-und Mineralwasser to fellow German private equity firm Halder, reaping a 2.4x gross money multiple.
Halder supported Aqua Vital's management buyout, which was approved this month, via its fifth fund Halder-GIMV Germany II.
Aheim bought Aqua Vital in 2008 through a management buyout together with CEO Jürgen Linde.
Starnberg-based Aheim, formerly known as Buchanan Capital Partners, typically invests up to €10m per transaction and focuses on Germany and German-speaking countries.
Company
Aqua Vital was founded in 1999 and is based in Neuss, Germany. The company manufactures and sells water coolers.
Aqua Vital employs 150 staff and has over 30,000 customers across Germany and Austria.
People
Peter Blumenwitz is a managing director of Aheim.
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