Trilantic acquires stake in Prettl SWH

The Prettl family remains the majority shareholder following the deal. It stated its intention to expand into new markets, such as the electric mobility and driver assistance systems spaces, as well as to strengthen its core business.

A newco was created to facilitate the transaction.

Trilantic focuses on mid-market transactions in Europe in the consumer and leisure, industrials, TMT, business services and healthcare sectors. It invests between €50–150m in companies with an enterprise value of €100m–1bn, while the firm's minority investments target stakes of at least 20%.

The GP is currently managing its Fund IV Europe vehicle, which closed on €574m in 2007.

Company
Headquartered in Pfullingen, Prettl designs and manufactures cabling for the automotive industry. Sensor wire harnesses are used in products including exhaust systems, steering systems, ABS, airbags, batteries and drive units. Based in 15 locations across 12 countries, the company can trace its roots back to the founding of a metalworking plant by Franz Prettl in 1953.

People
Matthias Weber is CEO of Prettl SWH. Henrik Bodenstab is partner at Trilantic Europe.

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• Topics
• DACH
• Industrials
• Buyouts
• Germany
• Trilantic Capital Partners (previously LBMB)
• Unq2015Apr