
TA sells Onlineprinters to Bregal
TA Associates has sold German online printing business Onlineprinters to Bregal Unternehmerkapital.
As part of the transaction, founder Walter Meyer will move away from the management to sit on the advisory board.
Bregal said it was first in touch with Onlineprinter's management five years prior to the takeover. The investor hopes to further drive the company's European expansion in the years to come.
TA invested in Onlineprinters in 2013. The portfolio company said that during TA's time at the helm, it set up management structures and administrative processes, and improved production systems.
Bregal operates several funds with different focuses. Bregal Unternehmerkapital is its vehicle for buyouts of mid-sized companies in German-speaking Europe. In another recent deal, the firm's UK- and Benelux-focused vehicle Bregal Freshstream acquired a majority stake in Rotterdam-based Verwater, an industrial and petrochemical group.
Company
Founded in 2004 and based in Neustadt an der Aisch, Onlineprinters produces printed products such as flyers and trade-fair booths. The business claims to serve 500,000 customers and employs 600 staff.
People
Onlineprinters – Michael Fries (CEO).
Latest News
Stonehage Fleming raises USD 130m for largest fund to date, eyes 2024 programme
Multi-family office has seen strong appetite, with investor base growing since 2016 to more than 90 family offices, Meiping Yap told Unquote
Permira to take Ergomed private for GBP 703m
Sponsor deploys Permira VIII to ride new wave of take-privates; Blackstone commits GBP 200m in financing for UK-based CRO
Partners Group to release IMs for Civica sale in mid-September
Sponsor acquired the public software group in July 2017 via the same-year vintage Partners Group Global Value 2017
Change of mind: Sponsors take to de-listing their own assets
EQT and Cinven seen as bellweather for funds to reassess options for listed assets trading underwater