
Fidura sells Webfactory via trade sale
Munich-based buyout firm Fidura Private Equity Fonds has sold its portfolio company Webfactory to German corporate Technische Werke Ludwigshafen.
The deal saw the GP sell the entirety of its majority stake to the trade buyer. Financial details surrounding the transaction have not been disclosed, but the GP said in a statement that following the transaction it was able to return 2x the initial capital invested to its LPs.
The GP initially acquired its stake in the business via two of its vehicles, Fidura Vermögensbildungs- und Absicherungsfonds and Fidura Rendite Plus Ethik.
Previous funding
Fidura acquired a 43% stake in the business in November 2006, according to a statement.
Company
Founded in 1994, Webfactory is headquartered in Buchen, in the German south-west region of Baden-Württemberg. The company develops a software focused on monitoring and control of machines and industrial systems.
People
Fidura Private Equity Fonds – Klaus Ragotzky (managing partner).
Webfactory – Bernhard Böhrer (founder, CEO).
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