Sale to Capvis

Industrial
Sale to Capvis

Summary

Baird served as exclusive financial advisor to the shareholders of Faster S.p.A. on this transaction.

About

Faster S.p.A. (“Faster” or the “Company”), a portfolio company of Argan Capital Management Limited (“Argan”), was recently acquired by Capvis. Terms of the transaction were not disclosed.

Faster is a global leader in the design and manufacture of highly engineered mission-critical hydraulic couplings, serving the major global agriculture and construction equipment OEMs, both for their original equipment and aftermarket needs. With a presence in Italy, the United States, India, China and Brazil, Faster provides global service to both OEM and aftermarket customers. Faster is headquartered in Rivolta D’Adda, Italy.

Argan is a leading independent private equity fund focused on acquiring and developing European mid-market companies. Active in the private equity market for over 15 years, the Argan team has a strong track record of successful pan-European investments.

Capvis is a leading private equity firm in Switzerland investing primarily in medium-sized companies. Since 1990 Capvis has completed 46 transactions with a total volume of more than €5 billion. Capvis is currently investing out of Capvis Equity IV L.P., a €720 million fund. Faster represents the second investment of the fund after Swiss-based VAT Holding AG. Capvis is headquartered in Baar, Switzerland.

For additional information about this transaction, please contact:

Nicholas Sealy +44 (0) 20 7667 8370
Vinay Ghai +44 (0) 20 7667 8225
Joe Packee +1 (414) 298 7644
Industrial
Sale to Capvis
Date
September 2014
Company
Faster S.p.A.
Transaction
M&A
Sectors
Industrial
Target Location
Europe
Acquiror Location
Europe

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