Sale to IDEX Corporation

Industrial
Sale to IDEX Corporation

Summary

Baird served as financial advisor to Capvis and HgCapital on this transaction

About

SFC KOENIG AG (“SFC KOENIG” or the “Company”), a portfolio company of Capvis, HgCapital and minority shareholders, has been acquired by IDEX Corporation (“IDEX”) (NYSE: IEX).

SFC KOENIG is the pioneer and global market leader with +30 years of experience in engineered high-performance metal-to-metal sealing solutions, represented by its unique range of expanders and with a developing position in selected flow control solutions. SFC KOENIG provides high quality sealing solutions for high volume, critical sealing applications. SFC KOENIG is headquartered in Dietikon, Switzerland.

Capvis is a leading private equity firm and one of the most active investors in German-speaking Europe. With a current fund volume of €720 million, Capvis focuses on majority holdings in leading mid-sized companies. It aims to support management teams in releasing entrepreneurial potential and achieving new levels of excellence. Since 1990 Capvis has completed 49 transactions with a total volume of more than €5 billion. Capvis has floated ten companies on stock exchanges and has repeatedly been voted Switzerland’s and Germany's best private equity firm by the international financial press. Capvis is headquartered in Baar, Switzerland.

HgCapital is a leading sector-focused private equity investor, supporting management teams in growing businesses within the mid-market. HgCapital invests in expanding segments of the industrials, TMT, services and energy sectors across Western Europe. HgCapital manages more than €5 billion and is based in London, the United Kingdom and Munich, Germany.

IDEX Corporation is an applied solutions company specializing in fluid and metering technologies, health and science technologies, and fire, safety and other diversified products built to its customers’ exacting specifications. IDEX has annual revenues in excess of $2 billion and sells its products in niche markets to a wide range of industries throughout the world. IDEX is headquartered in Lake Forest, Illinois.

For additional information about this transaction, please contact:

Nick Sealy +(44) 20 7667 8370
Sven Harmsen +(49) 69 1301 4956
Thomas Fetzer +(49) 69 1301 4920
Michael Wolff +(49) 69 1301 4949
Mike Lindemann +1 (414) 298 7408
Paul Bail +(44) 20 7667 8271
Industrial
Sale to IDEX Corporation
Date
August 2016
Company
SFC KOENIG AG
Transaction
M&A
Sectors
Industrial
Target Location
Europe
Acquiror Location
North America

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