Arcus sells Kama to Premium Equity

The transaction brings to an end a four-year tenure for the vendor, during which the company undertook an organic growth strategy based on technological developments in the digital printing sector. Its headcount grew from 100 to 110 during the course of the holding period.

Kama managing directors Steffen Pieper and Marcus Tralau will retain minority stakes in the business following the deal.

Premium is currently investing from its maiden fund, a €30m vehicle with a two-year investment period that held its final close in March 2017 and targets businesses with revenues of €10-50m. The fund will only make three or four investments, according to Unquote Data, and had already completed two deals: eyewear producer IC Berlin, and packaging and lamination film vendor Clarus Films Group.

Previous funding
Kama first received private equity backing in 2006 when Wachstumsfond Mittelstand, the equity and mezzanine-focused division of CFH Beteiligungsgesellschaft, acquired the company.

Arcus then acquired a 65% stake in Kama from Wachstumsfond and the company's management in 2014, in a deal that saw the Kama's two managing directors retaining a 35% joint stake.

Company
Founded in 1994, Dresden-headquartered Kama manufactures printing and packaging machinery, with a focus on short- and medium-run orders. The business has a headcount of 110 and generates a turnover of more than €10m.

Advisers
Vendor – Quarton International (corporate finance).

• Tweet  
• Facebook  
• LinkedIn  
• Google plus  
• Send to  

• Topics
• Buyouts
• Exits
• Industrials
• DACH
• Germany
• Secondary buyout