Caphaven invests in Deutsche Prüfservice
London-based Caphaven Partners has acquired a significant minority stake in German electrical testing company Deutsche Prüfservice (DPS) for an undisclosed sum.
Caphaven arranged expansion capital for DPS earlier in 2017 in the form of a convertible loan.
Caphaven said in a statement that it will provide DPS with financial, strategic and operational support to realise its growth ambitions in the coming years. A key part of this is considerable investment in operational and technology infrastructure.
Company
DPS specialises in electrical operational safety testing in accordance with the accident prevention regulations set by German legal accident insurance. The range of services includes portable and stationary testing, machine and thermography testing, as well as project planning and legally compliant testing. The company employs 170 people and has 340 clients including blue-chip corporates listed on the DAX.
People
Caphaven Partners – Cornel Riklin (founder).
Deutsche Prüfservice – Christoph Ulrich Püttmann (CEO).
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