Quantum Capital Partners has agreed to acquire Austria-based toy manufacturer Stadlbauer Group.
The acquisition is part of a succession strategy that will see CEO Norbert Frömmer continue to manage the company. Managing partner Andreas Stadlbauer will take a position as an advisory board member; he is the third generation Stadlbauer to have led the company.
Quantum is currently investing from its Quantum Opportunity Fund II vehicle, which closed on €77.5m in 2018. The firm typically invests up to €15m for majority stakes in companies.
Following the transaction, the company will internationalise its brands.
The transaction is expected to close in the second quarter of 2019.
Founded in 1953 and based in Salzburg, Stadlbauer manufactures and distributes toys. It has distribution partnerships with Playmobil and Bburago and makes its own branded toys such as Carrera, Pustefix and Pipimax. The company is profitable and generates revenues of €90m.
Stadlbauer – Norbert Frömmer (CEO); Andreas Stadlbauer (advisory board member).
GPs will sell their entire interest in the share capital of Altran for €14 per share
Vendors Zwanenberg and René Hochstenbach will retain minority stakes following the acquisition
Fund will target seed and series-A opportunities in technology sectors across Europe
Company plans to increase its revenues and to double its network of clinics by 2021