Afinum sells Copytrend
Afinum Management has sold Switzerland-based digital printing business Copytrend Group to Helvetica Capital and the company's management team.
The sale is an exit for the GP's fourth buyout fund, Afinum Siebte Beteiligungsgesellschaft, which held a final close on €280m in April 2013.
The business made 10 add-on acquisitions with Afinum's support, and the number of locations grew from 14 to 32.
It also opened a web shop to optimise ordering processes and acquired new customers to increase recurring revenues.
Previous funding
Swiss GP Ufenau acquired Copytrend alongside its management in September 2012 and sold it to Afinum in a secondary buyout in January 2014.
Company
Copytrend provides plotting, scanning and printing services in Switzerland. It has 7,000 corporate customers from the fields of construction, pharmaceuticals, luxuries and a variety of other industry sectors. The firm is based in Freienbach, Switzerland.
People
Afinum Management – Philipp Schuelin (managing director); Philipp Otto (investment manager).
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