
PE-backed Copytrend Group buys printing company
Constellation-backed Copytrend Group has bought a majority stake in Intelligent Printing Solution Group (IPS), a provider of outsourced document management solutions.
The private equity firm helped optimise the firm's cash flow to enable the acquisition but did not inject fresh capital.
The buyout will enable Copytrend to strengthen its regional and industrial position in the Swiss market.
Copytrend has been following a buy-and-build strategy since it was acquired by Swiss private equity house Constellation in September 2012, alongside the firm's management. Copytrend is a provider of plotting, scanning and printing services.
Previously, the GP bought an 82% stake in Ibis Acam Bildungs, an Austrian education provider, via its third fund Constellation III German Asset Light Fund vehicle, which closed in 2012. The firm also bought an 80% majority stake in R Häsler, a manufacturer of heating devices, via this fund.
Constellation solely focuses on the DACH region.
Company
IPS provides outsourced document management solutions for industrial clients based in Zürich, with a further office in Zug.
People
Markus Bieri is the CEO of Copytrend. Marinus Schmitt is a director at Constellation.
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