Afinum and Invision team up for Ledlenser deal

Afinum is the lead investor and majority shareholder, while Invision and the management team have taken a minority stake.

Invision dropped out of the process at an advanced stage and was then invited in by Afinum to join as a co-investor, Unquote understands. 

It is the fourth investment from Afinum's €410m buyout fund, Afinum Achte Beteiligungsgesellschaft, which closed in September 2017.

Afinum and Invision plan to support the internationalisation of the business, according to a statement. Add-on acquisitions are a possibility, but not necessary to justify the investment, according to a source close to the deal. 

Company
Ledlenser was founded in 1994 and is headquartered in Solingen. It claims to be the inventor of the LED flashlight, and manufactures a range of flashlights and headlamps for professional and recreational use. It employs 100 people in Solingen and has an additional production facility in Yanjiang China. In total, the company employs almost 1,000 people.

People
Afinum Management – Philipp Schülin (senior partner); Philipp Otto (investment manager).
Invision Private Equity – Peter Kroha (managing director).

Advisers
Vendor – EC M&A (corporate finance).

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

• Topics
• Buyouts
• DACH
• Consumer
• Germany
• Afinum
• Invision Private Equity AG