Gilde Buy Out Partners has acquired a majority stake in German car parts distributor Gundlach Automotive Corporation (GAC) from Dutch investment firm Pon Holdings.
GP invests in the software company via Essling Expansion, a fund that recently held a first close
BVA expects to become one of the main market research groups in Europe and reach revenues of €200m
GP sold Ober Scharrer to Nordic last year, generating a 3.6x return on its original investment
NIBC and existing investors including Prime also took part in the round for the SME lender