Zurmont Madison Management AG has acquired a 75% stake in tent systems provider Röder Group from the company’s management for an undisclosed amount. Röder Zeltsysteme und Service AG is headquartered in Büdingen, near Frankfurt/Main, and focuses on developing, manufacturing, distributing and renting out tents and temporary halls.
Fund, which has already been invested in at least one transaction, has a €1bn target
Pechel, via Pechel IV, and the co-investment team of Omnes back the French IT services firm
Connection Capital provided £6.7m to support the buyout of the business in 2017
Temasek previously led a £7m investment for the technology developer in 2016